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Wells Fargo Asserts GE Aerospace (GE) Growth Prospects on Leap SV Ramp [Yahoo! Finance]
Last ge aerospace earnings: 4/30 04:02 pm
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US:NYSE Investor Relations: ge.com/investor-relations/overview
The price target is based on a 28x free cash flow multiple applied to the 2028 forecast. Wells Fargo Asserts GE Aerospace (GE) Growth Prospects on Leap SV Ramp Andrey Armyagov/Shutterstock.com The research firm remains optimistic about GE Aerospace's prospects, as it expects the LEAP SV ramp to lead to higher-than-anticipated revisions. It also expects the company's EBIT and free cash flow forecasts to exceed consensus estimates. In addition, there are prospects for further positive revisions due to a faster-than-expected LEAP SV ramp, combined with a higher price than what is modeled. Similarly, GE Aerospace has partnered with Waygate Technologies to deploy an automated inspection system for GEnx engines to standardize and accelerate inspection of critical parts. Consequently, they have deployed automated Menu Directed Inspection (MDI) templates for GEnx-1B and -2B engine borescope inspections. The templates will help deliver a new level of standardization and automation to t
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