GE Aerospace (GE) Stock Forecast & Price Target

GE Aerospace is favored because its nearly 80,000-engine installed base drives a recurring, high-margin services franchise that should compound over decades, with 3Q26 services revenue up 17% and commercial services orders up 23% confirming durable demand. The company also posted 3Q26 adj. EPS of $2.25, revenue of $13.3B, EBIT of $3.0B, and a 22.5% margin, while 23% services order growth and healthy backlog support confidence in future shop visits and pricing power. Despite near-term “peak aftermarket” concerns, the mix shift toward LEAP and widebody work, plus stronger free cash flow potential and improved operating discipline, underpin a constructive long-term outlook.

GE Aerospace is vulnerable to broader OEM supply-chain delays that can push out engine deliveries and delay profitability on the LEAP program, while also exposing the company to weaker-than-expected services growth if travel demand softens. Its heavy reliance on recurring aftermarket revenue becomes a weakness in a downturn, especially as investors are already focused on deceleration in 2H26 and difficult 1H27 comps that could pressure sentiment. With downside cases implying only about $8.6B to $9.5B of 2028E FCF and risks from recession, emerging markets, inflation, and supply disruptions, the fundamental setup looks fragile despite its large installed base.