Wells Fargo cuts target for GE Aerospace stock to USD 380.00

Published on 10/07/2026 at 15:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

GE Aerospace stock costs EUR 273.75 on October 7, 2026 after EUR 274.78, minus 0.37 percent. Results are due before the open on October 20, 2026.

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GE Aerospace (ISIN US3696043013) was trading at EUR 273.75 at Lang & Schwarz on October 7, 2026 at 3:03 p.m. CEST, minus 0.37 percent versus the prior close of EUR 274.78. Wells Fargo cut its GE Aerospace price target from USD 390.00 to USD 380.00 while maintaining an Overweight rating in a report dated September 30, 2026, as MarketBeat reports. The lower target puts valuation discipline alongside the company's strong operating figures.

Target cut meets strong earnings

GE Aerospace's second-quarter 2026 adjusted earnings per share came in at USD 2.02, up from USD 1.66 in the same quarter a year earlier. The result exceeded the USD 1.86 consensus estimate, while quarterly revenue reached USD 12.63 billion against an USD 11.87 billion estimate, according to MarketBeat. Revenue increased 21.10 percent year over year, giving the target reduction a clear counterweight in the current investment case.

October results set the next test

GE Aerospace is expected to release fiscal third-quarter 2026 results before the open on October 20, 2026. Barchart says analysts expect adjusted earnings per share of USD 2.01, up 21.10 percent from USD 1.66 in the year-earlier quarter. For fiscal 2026, the same preview cites an adjusted earnings-per-share estimate of USD 7.91, above GE Aerospace's guidance range of USD 7.65 to USD 7.85.

The guidance range matters because it places the consensus estimate USD 0.06 above the top end of management's outlook. That gap makes the October report a direct test of whether the recent earnings momentum can translate into a higher forecast rather than only support the existing range.

Stock remains below its yearly high

GE Aerospace's primary listing is on the NYSE, where the stock's 52-week range was USD 268.91 to USD 388.84 as of October 6, 2026. Its market capitalization was USD 321.0 billion on the same date, while the October 7 Lang & Schwarz price was 29.64 percent below the 52-week high in the primary-exchange currency context only when measured against the corresponding USD quote is not permitted, so the currencies remain separate.

Price and earnings date

At Lang & Schwarz, GE Aerospace was trading at EUR 273.75 on October 7, 2026 at 3:03 p.m. CEST, minus 0.37 percent versus the prior close of EUR 274.78. The further course of trading is shown by the continuously updated real-time quote of GE Aerospace stock.