GE Aerospace (GE) shares have fallen three straight sessions since its Q3 earnings report, losing nearly 9% this week even though results beat analyst forecasts. The company reported earnings of $2.25 per share on $13.3 billion in sales, with revenue up 16% year over year, new orders up 49%, and a 1.35 book-to-bill ratio. Bernstein SocGen's Douglas Harned lowered his price target to $376 while still viewing the stock positively, citing rising jet fuel prices during the prolonged Iran war as a risk to airline profits. The article notes that based on GE's 2026 free cash flow forecast of $9.1 billion, the stock trades at more than 36 times current-year free cash flow, and most analysts expect profit growth below 18% per year over the next five years.
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- CCTV Script 23 / 10 / 26
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