GE Aerospace Orders Jump 87% in Q1 2026: Should You Buy it Now?

Key Takeaways for General Electric Stock as of June 2026

• Analysts rate General Electric stock 16 buys, 1 hold, 2 underperforms with a mean target of $351, implying a roughly 6% downside from the current price of $374.
• TIKR’s mid-case model values General Electric at $543 by December 2030, implying around 98% total return, or roughly 8% annualized.
• General Electric stock looks undervalued on a multi-year basis, with EBIT climbing toward $3.03 billion by June 2027, up around 18% year over year, supporting margin expansion the Street has not fully priced into its near-term target.
• GE Aerospace orders surged 87% in the first quarter of 2026, with commercial services revenue up 39% and total engine deliveries up 43%, even as the company held full-year guidance amid Middle East conflict uncertainty.

GE Aerospace’s order book just grew 87% while the Street’s target sits below today’s price. See whether the valuation gap holds up on TIKR for free →

GE Aerospace Holds Guidance Despite a Mideast Fuel Shock

General Electric (GE) builds and services jet engines through its GE Aerospace segment, the dominant supplier behind roughly three-quarters of daily commercial departures worldwide.

In its first quarter 2026 earnings call, the company reported orders up 87% year over year, with commercial services revenue climbing 39% and total engine deliveries rising 43%.

That strength came against a backdrop of real disruption. Global departures grew only in the low single digits during the quarter, weighed down by a high single-digit decline in Middle East flying tied to regional conflict, prompting management to cut its full-year departures outlook from mid-single-digit growth to flat to low single-digit growth.

Even so, the company held its full-year guidance rather than cutting it. CEO Larry Culp addressed the tension directly on the call: “If it were not for current events, we’d be talking about an increase in the guide this morning, not color and body language toward the high end of the existing range.” That comment reframed the quarter as a story of suppressed upside rather than emerging weakness.

What backs that claim is backlog visibility. The company entered the second quarter with more than 95% of spare parts revenue already booked and nearly all planned shop visits already off wing, giving it line of sight into near-term services revenue regardless of macro noise.

The bigger story, though, is what is happening inside the margin structure. LEAP engine aftermarket profitability, which only turned positive in 2024, is now on a trajectory CFO Rahul Ghai says will approach overall CES segment service margins by 2028, driven by higher-value shop visits, growing third-party repair work, and post-launch pricing finally working through long-tail service contracts.

That structural shift matters more than any single quarter’s departure numbers, because it determines how much of the current order surge converts into durable operating profit rather than one-time volume.

A 95% spare parts backlog and LEAP margins inflecting toward CFM56 levels are reshaping GE Aerospace’s profit mix. Dig into the segment data on TIKR for free →

General Electric Stock Draws Heavy Buy Conviction Despite a Below-Market Target

Wall Street rates General Electric stock with 16 buy ratings against just 1 hold and 2 underperforms, one of the most lopsided positive skews among large-cap industrials. The mean price target sits at $351, which sits below the current price of $374 and implies the average analyst sees limited near-term upside from here. That gap has narrowed sharply over the past year.

Wall Street Expects General Electric Stock’s EBIT to Grow 18% in the June 2026 Quarter

Analysts model General Electric’s EBIT at $2.57 billion for the quarter ended June 2026, up around 10% year over year, with EBIT margin holding near 22%. Looking ahead, the Street projects EBIT reaching $2.68 billion by September 2026 and $2.89 billion by March 2027, up around 14% year over year, before climbing to $3.03 billion by June 2027, up around 18% year over year.

That trajectory tracks directly with what management described on the Q1 call: LEAP shop visits growing at a 25% compounded annual rate through 2030, alongside CFM56 shop visits holding stable near 2,300 to 2,400 annually through 2028.

Both platforms are expected to generate roughly equivalent profit dollars by 2030, according to commentary at the Bernstein Strategic Decisions Conference in May.

The closing tension is whether the Street’s $351 mean target reflects this margin trajectory at all, or whether it is still anchored to near-term departure softness from the Middle East conflict rather than the multi-year EBIT acceleration analysts themselves are modeling.

GE Stock’s EBIT Growth Holds Steadier Than HON and RTX Through Early 2027

General Electric stock’s EBIT grew 9% as of March 2026, well ahead of RTX Corporation’s (RTX) 5% and Honeywell’s (HON) negative 8% over the same stretch.

The gap widens through the forecast window: GE’s EBIT growth is projected at 16% by September 2026 and 18% by December 2026, while RTX trails at 5% and 10%, respectively. Honeywell’s path is more volatile, swinging from negative 4% in September 2026 to 31% by December 2026 before fading back to 8% by March 2027.

That consistency is the competitive edge. GE’s EBIT growth never dips below 9% across the entire actual-and-estimate window, while both peers post negative or single-digit quarters, reinforcing that GE Aerospace’s services-driven margin expansion is steadier than the capital equipment cycles driving HON and RTX.

TIKR’s $543 Target on GE Stock Holds, If LEAP Margin Inflection Tracks as Modeled

TIKR’s mid-case model values General Electric at around $543 by December 2030, implying around 98% total return from the current price of $374, or roughly 8% annualized over the next 4.5 years.

That annualized return sits well above what investors typically expect from a mature industrial, reflecting a valuation case built on margin inflection rather than multiple expansion alone, since the model’s own forecast actually assumes a slight P/E compression of around 2% annually through 2030.

The target is reachable because the EBIT growth already visible in the Street’s own near-term estimates, climbing toward $3.03 billion by June 2027, is the same dynamic management has guided toward for the back half of the decade: LEAP service margins converging with CFM56 levels by 2028, plus a doubling of the LEAP installed base by 2030 that compounds shop visit volume on top of improving unit economics.

GE Aerospace’s backlog already exceeds $210 billion, with $170 billion in commercial services alone. See how that backlog feeds the long-term model on TIKR for free →

Should You Invest in General Electric Company?

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