Street View: GE's engines fly strong even as markets fret about next leg

General Electric Co

22/04/2026 09:12

** GE Aerospace GE.N said it remains on track to hit the top end of its 2026 profit forecast, even as it braces for higher oil prices, fuel constraints and slower global growth, though it does not expect a recession

** Median PT of 23 brokerages covering the stock is $355 - LSEG data

TURBULENCE PRICED IN FOR TOMORROW

** Morgan Stanley ("overweight," PT: $400) said investor focus has shifted disproportionately toward possible 2027 impacts even as near-term demand and backlog remain strong

** TD Cowen ("buy," PT: $330) said outlook is cushioned by a strong Q1 beat and conservative assumptions, adding the co has yet to see demand erosion from higher jet fuel prices, even as oil market risks loom

** RBC Capital Markets ("outperform," PT: $355) said lack of a guidance upgrade weighed on stock, with investors increasingly focused on potential risks to 2027 as higher oil prices could hit engine aftermarket demand with a lag

** Morningstar (fairvalue: $307) said firm's wide moat and disciplined execution reinforce confidence in its earnings power despite global uncertainty

 (Reporting by Rashika Singh in Bengaluru)

 ((rashika.singh@thomsonreuters.com))