TLDR
- GE Aerospace stock hit its first all-time high in 25 years, reaching $291.89 after 9,150 days since the last record
- The company secured a $1 billion contract with India for 113 GE-404 fighter jet engines and invested $300 million in Beta Technologies
- Revenue jumped 23% in Q2 2025, driven by 30% growth in Commercial Engines & Services
- Stock has gained 72% year-to-date, making GE Aerospace the most valuable U.S. industrial company at $310 billion market cap
- Wall Street analysts set average price target at $303, up from $200 one year ago
GE Aerospace stock reached $291.89 on Tuesday morning, marking its first all-time high since August 2000. The milestone comes after 9,150 days of recovery following years of financial troubles.
The last time GE stock hit a record was on August 28, 2000, when it reached $289.54. Back then, the company was worth about $600 billion at its peak.
Now the stock needs to close above $287.15 to officially set a new closing high record. Early trading showed shares up 1.1% at $289.98.
The recovery represents a dramatic turnaround from dark days in 2018 and 2020. Shares traded below $40 in late 2018 when CEO Larry Culp took over during management chaos and high debt levels.
The situation got worse during the Covid pandemic. Stock prices fell below $30 in 2020 as the aerospace industry ground to a halt.
Culp led the company through major changes over the past several years. He paid down $100 billion in debt and refocused operations on core businesses.
The CEO also split the giant conglomerate into three separate companies. This breakup helped investors better understand each business unit’s value.
Strong Financial Performance Drives Growth
Recent financial results show the transformation is working. GE Aerospace posted 23% revenue growth in the second quarter of 2025.
Commercial Engines & Services led the way with 30% growth. Defense & Propulsion Technologies added 7% revenue growth during the same period.
The company benefits from massive demand for new commercial aircraft. Airlines have ordered about 14,000 planes from Boeing and Airbus that still need to be built.
This backlog represents more than 10 years of work at current production rates. GE Aerospace and its joint venture with Safran will supply engines for roughly three-quarters of these aircraft.
Major Contract Wins Fuel Optimism
GE Aerospace recently secured several important contracts that boost future revenue. India agreed to a $1 billion deal for 113 GE-404 fighter jet engines in late August.
These engines will power the Light Combat Aircraft Tejas Mark 1A for the Indian military. The contract represents a major win in the defense market.
The company also invested $300 million in Beta Technologies to develop hybrid electric turbogenerator technology. This investment positions GE Aerospace for future aviation trends.
Jim Cramer recently endorsed the stock on his show. He called aerospace “a popular and lasting theme on the market” and picked GE as a strong play.
Wall Street analysts remain bullish on the stock’s prospects. The average analyst price target sits at $303, well above current levels.
Those same analysts had much lower expectations just one year ago. The average price target was only $200 in September 2024, showing growing confidence.
GE Aerospace now holds the title of most valuable U.S. industrial company. Its market capitalization reached approximately $310 billion.
The stock has gained 72% year-to-date, crushing the S&P 500’s performance by 84 percentage points. Strong commercial jet demand continues to drive investor enthusiasm.
Hedge funds show strong interest in the company as well. About 100 hedge funds held ownership stakes as of the second quarter of 2025.
