Based on the provided data and market analysis, here is the price prediction for GE stock by 2030:
GE stock is projected to reach $350-375 by 2030, driven by the company's strong aerospace business growth and improving free cash flow generation. The forecast is supported by GE Aerospace's projected 8-10% annual revenue growth through 2028, with operating profits expected to reach $10 billion or more annually.
The key driver for this growth is GE's transformation into a pure-play aerospace company after spinning off its healthcare and energy businesses, allowing focused execution in the high-margin commercial aviation sector.
The company's robust commercial engine orders and expanding services business, combined with a projected doubling of free cash flow to $8.5 billion by 2028, provide strong fundamentals for sustained long-term growth.