Analysts See 24% Upside To GE Aerospace (GE)

GE Aerospace (NYSE:GE) is among the 10 Best Large Cap Defense Stocks to Buy According to Hedge Funds. As of the close of business on May 5, the stock is a consensus Strong Buy, with an average upside potential of 24% based on 13 analysts’ recommendations.

Photo by Arturo Añez on Unsplash

Recent updates include Jefferies trimming its price target on the stock to $365 from $375 on April 26, while maintaining a Buy rating. The adjustment followed the company’s first quarter 2026 earnings report.

GE Aerospace (NYSE:GE) reported adjusted revenue of $11.6 billion for the quarter, reflecting a 29% year-over-year increase. Adjusted EPS came in at $1.86, up 25% from the prior year and beating expectations by 26 cents. Total orders surged 87%, reaching $23 billion.

Considering the strong start to the year, the company said it was reaffirming full-year guidance and was on track to hit the high end of its profit forecast. The management further added that it does not anticipate a recession, even as it prepares for higher oil prices, supply challenges, and sluggish growth.

In other news, institutional interest in the stock continues to grow. According to Insider Monkey’s database as of the end of Q4 2025, 117 hedge funds held a stake in the company, up from 102 in the prior quarter.

GE Aerospace (NYSE:GE) is a global aerospace propulsion, services, and systems company with an installed base of around 30,000 military and 50,000 commercial aircraft engines. It operates through two segments: Commercial Engines & Services (CES) and Defense & Propulsion Technologies (DPT).

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