Boeing’s recent troubles —including a strike by 33,000 machinists last fall—have drawn intense scrutiny to the aerospace industry’s treatment of its unionized workforce. Now, as GE ...
Bernstein analysts at Société Générale raised their price target on GE Aerospace (NYSE:GE) shares to $232.00, up from the previous $209.00, while keeping an Outperform rating on the stock. The adjustment follows GE Aerospace's robust performance in 2024 and the company's strong fourth-quarter results reported last week,
Leaders at Boeing Co. have been struggling to turn the company around after years of bad headlines. Now, some investors are hoping they’ll look to a new tactic: selling some of its businesses, which could shore up the company’s balance sheet and lift the stock from its doldrums.
In a report released yesterday, Jason Sum from DBS maintained a Buy rating on Boeing (BA – Research Report), with a price target of $240.00.
GE Aerospace delivered 46% order growth in Q4 FY24. See why we recommend a 'Strong Buy' rating for GE stock with a $250 fair value.
Boeing ( BA 1.50%) will release its fourth-quarter 2024 earnings on Jan. 28. Naturally, investors will eagerly await the company's outlook from CEO Kelly Ortberg (appointed in August). There's plenty of potential for improvement at Boeing.
Boeing Co.’s potential sale of its Jeppesen navigation unit is attracting major aviation suppliers and private equity suitors ahead of the deadline for first-round bids next week, according to people familiar with the matter.
The company's shares rose 6.5% in trading before the bell after GE Aerospace also announced plans to increase its share buybacks to $7 billion in 2025 and its dividend by 30%. Production delays at Boeing and Airbus have resulted in longer wait times for new jets.
GE Aerospace appears well on its way to accomplishing a goal it set during its launch as a standalone company last year.
FORT WORTH, TX, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Today, GE Aerospace union workers converged on the 2025 Aero-Engines and Engine Leasing, Trading & Finance (ELTF) Americas Conference with banners ...
GE Aerospace expects 2025 profit of $5.10 to $5.45 per share, compared with analysts' average estimate of $5.23, according to data compiled by LSEG. It reported an adjusted profit of $1.32 per share, beating analysts' average expectations of $1.04.
GE Aerospace (GE) posted strong fourth quarter results, beating expectations for both revenue and adjusted earnings. Jason Gursky, Citi's managing director and lead analyst for aerospace and defense,