GE Aerospace Stock: Is Wall Street Bullish or Bearish?

Headquartered in Evendale, Ohio, GE Aerospace (GE) specializes in the design and production of commercial and defense aircraft engines, as well as integrated engine components, electric power, and mechanical aircraft systems. With a market cap of $200 billion, the company is a global leader in aerospace propulsion and services, supporting 44,000 commercial and 26,000 military aircraft engines worldwide.

Shares of this aerospace titan have considerably outperformed the broader market considerably over the past year. GE has gained 100.1% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 35.9%. In 2024, GE stock is up 80.8%, surpassing the SPX’s 25.8% rise on a YTD basis.