GE Aerospace (GE) Stock Rockets Past $300 – Bullish or Overheated?
GE Aerospace shares closed near $300 on Oct. 17, up 78% year-to-date and close to their all-time high. The company recently secured a $5 billion U.S. Air Force engine contract and signed a 7-year AerCap maintenance deal for its GE9X engine. Q3 earnings are due Oct. 21, with analysts expecting EPS of $1.45–$1.46 on $10.3 billion revenue. CEO Larry Culp’s contract was extended to 2027.