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GE Aerospace Rose 3% This Week. Here’s Where the Stock Could Go in 2026
GE Aerospace stock rose 3% this week, closing near $317 per share, following strong fourth-quarter results, increased institutional investment, and a significant backlog of $190 billion. The company, now focused solely on aviation and defense, projects double-digit revenue growth and nearly 15% EPS growth for 2026. A valuation model suggests the stock is undervalued with a target price of $429, implying a 36% upside over the next 2.9 years, driven by aerospace margin durability and backlog conversion.