Citigroup Reiterates Buy Rating on GE Aerospace
Citigroup maintains its buy rating on GE Aerospace with a price target of $431, a 16.24% upside from the current price.
Key Points
- Citigroup reiterated its buy rating on GE Aerospace (NYSE:GE) with a price target of $431 on July 1, 2026.
- Citigroup's $431 price target implies 16.24% upside from GE Aerospace's ($GE) current $370.80 share price.
- GE Aerospace's stock traded near $370.8 on Wednesday, with a market cap of $390.5 billion and a P/E ratio of 46.5.
- Recent insider buys and analyst ratings suggest continued interest and confidence in GE Aerospace's performance.
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Citigroup has reiterated its buy rating on GE Aerospace (NYSE:GE), setting a price target of $431. This update came on July 1, 2026, as the stock traded around $370.8 on Wednesday.
Citigroup vs. the S&P 500
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GE Aerospace Stock Up 8.2%
Shares of NYSE:GE traded near $370.8 on Wednesday. GE Aerospace, with a market cap of about $390.5 billion, has a P/E ratio of 46.5 and a forward P/E of 43.0. The stock's 52-week range spans from $243.34 to $379.67, and it has a beta of 1.375. The company's current ratio is 1.008, while its quick ratio stands at 0.65, and it has a debt-to-equity ratio of 116.527.
$GE price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
GE Aerospace reported revenue of approximately $48.3 billion, with a revenue growth of 24.7%. The company achieved an EPS of $8.04, a net margin of 17.9%, and a return on equity of 45.4%. Investors can expect the next earnings report on July 16, 2026.
Insider Buying and Selling at GE Aerospace
There has been notable insider buying activity at GE Aerospace recently. On June 24, 2026, Judson Althoff purchased 517 shares. Earlier, on May 5, 2026, several insiders, including Sebastien Bazin, Isabella Goren, Thomas Enders, Catherine Lesjak, and Darren McDew, each bought 678 shares.
Analysts Set New Price Targets
On July 1, 2026, Citigroup maintained its buy rating on GE Aerospace with a price target of $431. Previously, on April 22, 2026, UBS and Morgan Stanley also maintained buy ratings with targets of $350 and $400, respectively. The consensus among analysts is a strong buy, with an average target price of $354.57.
About GE Aerospace
GE Aerospace, part of the Industrials sector, specializes in designing and producing commercial and defense aircraft engines and systems. Headquartered in Evendale, Ohio, and led by CEO H. Lawrence Culp Jr., the company employs around 57,000 people. GE Aerospace operates globally, providing engines and components for both commercial and military applications.
Bottom Line
Investors are keeping a close eye on GE Aerospace, especially with Citigroup's continued buy rating and a robust price target. The company's strong earnings performance and insider buying activity add to its appeal. As always, it's important to remember that analyst ratings and 13F filings are backward-looking and may not reflect current conditions.
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