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GE Aerospace Raises Forecast. Time to Buy the Stock?
Yahoo Financeยท 2025-10-27 13:05
Core Insights - GE Aerospace reported strong Q3 earnings, leading to a 75% year-to-date stock gain, ranking it first among 79 stocks in the Industrial Select Sector SPDR Fund and 15th in the S&P 500 [1] - Despite an initial 4.5% rally post-earnings, the stock faced selling pressure, dropping below $300 after reaching an all-time high of $315 [2] - The company has consistently exceeded sales estimates in 13 of the last 20 quarters and EPS estimates in 12 consecutive quarters, indicating strong operational performance [3] Analyst Sentiment - Following the Q3 results, at least five analysts revised their estimates, raising the average price target to $331, suggesting an 11% upside from the recent closing price, with the most optimistic target at $375 for a potential 25% gain [4] - Currently, 14 of 16 analysts covering GE rate it as a buy or strong buy, indicating strong market confidence despite a recent 2.8% decline, the largest in two months [5] Investment Considerations - Long-term investors are encouraged to consider any stock weakness as a buying opportunity to initiate or increase their positions in GE Aerospace [5] - While GE Aerospace has shown strong performance, it was not included in a list of the top 10 stocks recommended by The Motley Fool Stock Advisor, which may suggest alternative investment opportunities [6]