JP Morgan Cuts GE Aerospace (GE) Price Target to $375

JP Morgan maintained an Overweight rating on GE Aerospace (NYSE: GE) on October 21, 2026, while lowering its price target from $400.00 to $375.00. The research note outlines the firm's current stance on the aerospace and defense company.

GE GE Aerospace

$299.87 ▼ -6.11% year to date

1M 3M YTD

Daily close · Oct 20, 2026

JP Morgan's Call on GE Aerospace

In its research note published on October 21, 2026, JP Morgan kept its Overweight rating on GE Aerospace. The firm adjusted its price target downward from $400.00 to $375.00. This call arrives alongside updates from several other major Wall Street firms evaluating the stock.

Other Institutional Activity in GE Aerospace

Institutional investors have adjusted their positions in the company during recent reporting periods. TCI Fund Management Ltd reduced its holdings by 80,765 shares, ending with 47,428,233 shares worth about $14.13 billion. Capital International Investors trimmed its stake by 909,094 shares, or 4.7%, holding 18,310,646 shares valued at roughly $5.45 billion.

GE Aerospace Stock Down 4.6%

GE Aerospace recently traded around $299.24 as of October 21, 2026. The stock closed at $299.87 on October 20, 2026. Shares sit below both the 50-day moving average of $329.26 and the 200-day moving average of $323.85, moving down 23.0% from its 52-week high of $388.84.

Recent Earnings

GE Aerospace posted trailing-twelve-month revenue of $50,638,999,552.00 and earnings per share of $8.48. The company recorded a net profit margin of 17.7% and a return on equity of 48.2%, with year-over-year revenue growth reaching 21.1%.

Dividend

The company pays an annual dividend rate of $1.88 per share, giving it a dividend yield of 0.6% based on recent levels. The payout ratio sits at 19.6%.

Insider Buying and Selling at GE Aerospace

Corporate insiders have executed share sales in recent months. Officer Riccardo Procacci sold 1,517 shares for a total value of $527,795.00 on July 23, 2026. Officer Mohamed Ali disposed of 8,096 shares on July 24, 2026, worth $2,863,613.00. Officer Robert M Giglietti sold 10,242 shares on August 11, 2026, totaling $3,788,752.00.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock on October 21, 2026. BNP Paribas maintained an Underperform rating while cutting its target from $305.00 to $280.00. Susquehanna kept a Positive rating and adjusted its target from $430.00 to $400.00. RBC Capital maintained an Outperform rating with a target shift from $400.00 to $375.00. Morgan Stanley kept an Overweight rating, lowering its target from $400.00 to $375.00. Overall consensus leans toward a buy rating with 21 analyst opinions tracked and a mean price target of $391.19.

About GE Aerospace

Headquartered in Evendale, Ohio, GE Aerospace builds commercial and defense aircraft engines, integrated engine components, electrical power systems, and related technology. The company operates through two core segments: Commercial Engines & Services, and Defense & Propulsion Technologies.

Bottom Line

JP Morgan's decision to maintain its Overweight rating while adjusting its price target highlights how major financial institutions view the company's valuation. Investors will continue tracking upcoming earnings reports and institutional filing updates for further direction on the stock.