GE Aerospace Stock Hits First Record High In 25 Years After 9,150-Day Wait

Sep 16 - A fresh all-time high in GE stock, the first in 9,150 days, marks a notable milestone for GE Aerospace as markets reward the unit's turnaround. Shares climbed to roughly $292 on Tuesday, surpassing the intraday highs last seen in August 2000.

CEO Larry Culp steered much of the recovery after joining in late 2018, cutting around $100 billion of debt and simplifying operations to sharpen the company's focus. Investors reacted to stronger cash flow and clearer growth paths for the aerospace business.

Commercial aircraft demand underpins the rally. Boeing and Airbus carry large backlogs, roughly 14,000 jets on order, and GE's engines or those from its joint ventures power a large share of those planes, supporting sustained aftermarket and engine-service revenue.

Analysts highlight that GE Aerospace's market value still sits below the peak of the old, unified GE, but the combined value with GE Vernova and GE HealthCare approaches prior scale, and many price targets now sit above today's levels. That outlook keeps the stock in focus as industry demand and execution remain the key drivers.