Wells Fargo cuts target for GE Aerospace stock to USD 380
Published on 10/01/2026 at 11:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
GE Aerospace (US3696041033) faces a fresh analyst reset after Wells Fargo lowered its price target from USD 390.00 to USD 380.00 on September 30, 2026, while maintaining an Overweight rating, according to MarketBeat. The change puts valuation and execution ahead of the October results as the main tests for the aerospace manufacturer.
Target cut meets strong results
GE Aerospace reported second-quarter 2026 revenue of USD 12.63 billion, up 21.10 percent from the prior-year quarter, while earnings per share reached USD 2.02 versus the USD 1.86 consensus estimate, MarketBeat reported. That USD 0.16 earnings-per-share beat gives the target reduction a different meaning: the analyst concern centers on valuation rather than a current earnings shortfall.
The company also raised its full-year 2026 outlook after the second quarter. Its 8-K summary lists adjusted revenue growth in the high teens, operating profit guidance of USD 10.55 billion to USD 10.75 billion, adjusted earnings per share of USD 7.65 to USD 7.85, and free-cash-flow guidance of USD 8.9 billion to USD 9.2 billion, according to StockTitan.
October results carry the next test
GE Aerospace is expected to release fiscal third-quarter 2026 results before the market opens on October 20, 2026. The current consensus calls for adjusted earnings per share of USD 2.01, up 21.10 percent from USD 1.66 in the year-earlier quarter, while fiscal-year adjusted earnings per share are forecast at USD 7.91, up 24.20 percent from USD 6.37 in fiscal 2025, according to Yahoo Finance. The estimates make margin delivery and services growth more important than headline revenue alone.
Stock remains below its yearly high
GE Aerospace was last at USD 312.29 on the NYSE on September 30, 2026 at 4:00 p.m. ET, down 1.76 percent from the prior session close of USD 317.89. The 52-week range was USD 268.91 to USD 388.84, and the market capitalization was USD 324.0 billion as of September 30, 2026. The company also declared a quarterly dividend of USD 0.47 per share on September 21, 2026, payable October 26, 2026, with an October 5, 2026 ex-dividend date, according to PR Newswire.
GE Aerospace stock facts
- Company: General Electric Company, operating as GE Aerospace
- ISIN: US3696041033
- Ticker: GE
- Primary exchange: NYSE
- Market capitalization: USD 324.0 billion as of September 30, 2026
- 52-week range: USD 268.91-388.84
- Sector / Industry: Industrials / Aerospace and Defense
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