-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:
GE Aerospace delivered strong Q1 2026 results with adjusted EPS of $1.86 (+25% Y/Y), beating consensus by $0.26, while revenue expanded 29% Y/Y to $11.6B, exceeding expectations by $899M. Total orders surged 87% Y/Y to $23.0B, reflecting continued aviation demand strength and operational progress from FLIGHT DECK initiatives. Commercial Services revenue grew 39% Y/Y due to strong aftermarket demand as material availability improved, though CES margins contracted 230 bps to 26.4% due to initial low-margin GE9X deliveries. Management expressed confidence in trending toward the high end of 2026 EPS guidance ($7.10-$7.40 range). Defense revenue grew 19% Y/Y with orders up 67% Y/Y, while FCF reached $1.7B (+14% Y/Y). The $170B commercial services backlog provides substantial multi-year revenue visibility. We view the strong Q1 performance as supporting our Buy rating, while we continue to note the elevated forward P/E multiple assumes continued strong execution and sustained commercial aviation recovery.