GE Aerospace (GE) Stock Knocking on Its 52-Week High — Buy or Wait?

TLDR

• GE stock closed at $339.81, just 2.5% below its 52-week high of $348.48
• The stock has surged 73.3% over the past year, beating the S&P 500’s 21.6% gain
• Q4 EPS came in at $1.57, beating the $1.43 consensus estimate; revenue hit $11.90B
• GE raised its quarterly dividend 30.6% to $0.47 per share, payable April 27
• The stock trades at a forward P/E of 44.43X, well above the industry average of 33.65X

GE Aerospace is riding a strong wave heading into 2026. The stock closed at $339.81 on Wednesday, sitting 2.5% below its 52-week high of $348.48, and is up 73.3% over the past year.

GE Aerospace, GE

That’s a big gap over the S&P 500, which gained 21.6% in the same period. It also edges out peers RTX Corp (62.8%) and L3Harris Technologies (72.5%).

The stock is trading above both its 50-day moving average of $319.29 and 200-day moving average of $303.08. That’s a clean technical picture by most measures.

GE’s Q4 results gave the bulls something to work with. The company posted EPS of $1.57, beating the $1.43 consensus estimate. Revenue came in at $11.90 billion, above the $11.27 billion analysts expected, and up 17.6% year-over-year.

For FY2026, GE has guided for EPS of $7.10–$7.40. The Zacks consensus sits at $7.44, implying 16.8% year-over-year growth.

Engine Wins and Defense Deals

On the commercial side, demand for GE’s LEAP, GEnx, and GE9X engines continues to grow. At the Dubai Airshow in 2025, GE secured over 500 engine wins, including deals with flydubai and Riyadh Air.

A deal with Qatar Airways to supply more than 400 GE9X and GEnx engines stands out as the largest widebody engine deal in GE Aerospace’s history. United Airlines also selected GE to deliver 300 GEnx engines for new Boeing 787 Dreamliners.

On the defense side, the U.S. Air Force awarded GE a $5 billion contract to supply F110 engines, parts, and support services under a Foreign Military Sales program. The company also holds an IDIQ contract with the U.S. Army for F110 engines.

GE plans to invest more than $1 billion in MRO facilities worldwide over the next five years, including a new dedicated LEAP test cell.

Valuation Is the One Sticking Point

The stock doesn’t come cheap. GE trades at a forward P/E of 44.43X, compared to the industry average of 33.65X. For context, RTX trades at 30.12X and L3Harris at 30.49X.

That premium has some analysts cautious. BNP Paribas Exane cut its price target from $305 to $290 and rates the stock “underperform.” Wall Street Zen recently downgraded from “buy” to “hold.”

On the other side, UBS set a $374 price target with a “buy” rating. JPMorgan raised its target from $325 to $335 with an “overweight” rating. The overall consensus sits at “Moderate Buy” with a $331.12 average target.

GE raised its quarterly dividend by 30.6% to $0.47 per share. The dividend is payable April 27 to stockholders of record on March 9. The annualized yield sits at around 0.6%.

Insiders sold a combined 37,398 shares worth approximately $11.45 million over the past 90 days. Meanwhile, Victory Capital Management raised its stake by 2.3% in Q3, adding 7,048 shares.

Institutional investors collectively own 74.77% of GE’s outstanding stock.

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