GE Aerospace stock reports 21.1 percent revenue growth

Published on 10/04/2026 at 11:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

GE Aerospace stock posted Q2 2026 adjusted EPS of USD 2.02 against USD 1.86 consensus. Wells Fargo cut its target to USD 380 on September 30, 2026.

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GE Aerospace stock (ISIN US3696043013) closed at USD 309.56 on the NYSE on October 2, 2026, while Q2 2026 revenue rose 21.1 percent year over year to USD 12.63 billion. The earnings comparison gives the stock a clear operating anchor even as the latest session ended 0.91 percent below the previous close of USD 312.39.

Quarterly growth sets the anchor

According to MarketBeat, GE Aerospace delivered adjusted EPS of USD 2.02 in the quarter, above the USD 1.86 consensus estimate and up from USD 1.66 in the year-earlier quarter. Revenue reached USD 12.63 billion versus USD 11.87 billion expected, creating a USD 760 million beat on the published comparison.

The company also carries fiscal 2026 adjusted EPS guidance of USD 7.650-7.850, according to MarketBeat. That range matters because the October reporting date will test whether quarterly growth is translating into the full-year earnings path.

Analysts trim targets but stay positive

Wells Fargo reduced its GE Aerospace target from USD 390 to USD 380 while retaining an Overweight rating in a note dated September 30, 2026, as MarketBeat reports. The change is a counterweight to the strong quarterly comparison and places more emphasis on execution and valuation.

The broader consensus is Buy from 21 analysts, with an average 12-month target of USD 396.81, a high of USD 450 and a low of USD 347, according to Investing.com. The average target lies 28.19 percent above the October 2 price, so the consensus remains more optimistic than the latest trading level.

CPP deal adds execution risk

GE Aerospace announced a USD 11.75 billion agreement to acquire Consolidated Precision Products on September 8, 2026, with USD 7 billion financed in cash and the balance through new debt, according to GlobeNewswire. The transaction is expected to close in the second half of 2027 and is intended to expand casting capacity, but the financing and integration timetable add a separate execution checkpoint.

GE Aerospace stock stays below yearly high

GE Aerospace stock closed at USD 309.56 on October 2, 2026, with a session range of USD 308.20 to USD 318.20, volume of 4,148,627 shares and a market capitalization of USD 321.2 billion. Its 52-week range was USD 268.91 to USD 388.84, leaving the price USD 79.28 below the yearly high.