GE stock holds near $333 as strong Q2 figures and defense engine deals support outlook
Published on 09/04/2026 at 18:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
GE stock (ISIN US3696041033) is trading around 333.17 USD as of September 4, 2026 on the New York Stock Exchange, leaving the shares about 14 percent below their 12-month high near 381.22 USD but still supported by robust earnings and aerospace demand according to market data compiled by Yahoo Finance and MarketBeat.
Stock valuation and recent price moves
According to an instant alert from MarketBeat dated September 4, 2026, GE opened at 333.17 USD, with the stock trading at roughly 39 times earnings after declining about 12.7 percent over the past month.
The same MarketBeat data shows that analysts currently assign GE an average rating of Moderate Buy and an average price target of 390.59 USD, which implies upside of around 17 percent versus the 333.17 USD share price as of September 4, 2026.
Second-quarter 2026 earnings beat and guidance
The latest quarterly numbers underpin this valuation: GE reported earnings per share of 2.02 USD in the second quarter of 2026, beating the 1.86 USD consensus estimate by 0.16 USD according to a MarketBeat summary of the earnings release.
In the same quarter, GE generated revenue of 12.63 billion USD, exceeding analyst expectations of 11.87 billion USD by 760 million USD and marking a 21.1 percent increase year over year, while net margin reached 17.72 percent and return on equity 40.56 percent as of the second quarter of 2026.
GE has set its fiscal 2026 guidance at earnings per share of 7.65 to 7.85 USD, and analyst consensus compiled in early September 2026 points to full-year EPS of about 7.91 USD, suggesting that expectations sit slightly above the company’s own range.
More background on GE stock
Investors can find additional regulatory filings and company presentations for GE via the Ad-Hoc News topic overview and the group’s own investor-relations pages.
Defense and hypersonic engine deliveries as a strategic driver
Operationally, GE’s aerospace business is benefiting from defense and hypersonic engine contracts in 2026, particularly through deliveries of F404 engines for India’s Tejas light combat aircraft program.
India Today reported on September 4, 2026 that GE confirmed shipment of three F404 engines to Hindustan Aeronautics Limited in August 2026 for the Tejas Mk1A program, highlighting the company’s role in supplying critical propulsion technology for modern fighter aircraft.
Regional market coverage from the Economic Times the same day noted that the news of three F404-IN20 engines delivered in August 2026 helped support sentiment in Indian defense stocks, underlining how GE’s engine orders feed into broader defense-aerospace spending cycles.
Aerospace products: F404 engine family underpins revenue
One representative product that illustrates GE’s aerospace positioning is the F404 turbofan engine, designed for lightweight fighter aircraft such as the Tejas Mk1A.
The shipment of three F404 engines in August 2026, as confirmed in Indian media reports, adds to ongoing production and support contracts that contribute to GE’s commercial and military engine revenue, which rose by more than 20 percent year over year in the second quarter of 2026 according to the company’s latest figures.
GE stock and market capitalization snapshot
For equity investors, the latest price data shows GE stock trading at 333.17 USD as of September 4, 2026, with MarketBeat and Ad-Hoc News price snapshots indicating a market capitalization in the region of 342.00 billion USD based on a nearby 329.62 USD trading level on September 3, 2026.
GE stock key data
- Company: GE
- ISIN: US3696041033
- Ticker: GE
- Trading venue: New York Stock Exchange
- Price (as of September 4, 2026): 333.17 USD
- Market capitalization: 342.00 billion USD (as of September 3, 2026)
- Sector / Industry: Aerospace and defense
- Index membership: S&P 500
