Based on the provided data and context, here's the analysis for GE's stock price prediction for next week:
Technical Analysis
The stock is showing strong bullish momentum with recent price action:
Fundamental Drivers
News Sentiment
Price Target for Next Week Based on technical momentum and positive fundamentals:
Trading Recommendation BUY with entry points around $206-208 range
The stock shows continued momentum and is likely to maintain its upward trajectory next week, supported by strong fundamentals and positive market sentiment.
The price of GE is predicted to go up 7.35%, based on the high correlation periods with TGT. The similarity of these two price pattern on the periods is 99.15%.
GE
TGT
Year
GE Price Forecast($)
Potential Return(%)
2025
185.000
7.580
2026
250.000
22.810
2027
280.000
37.540
2028
280.000
37.540
2029
320.000
57.190
2030
0.000
0.000
Bears vastly underestimate the incremental profits GE will make from operating leverage as commercial aerospace fully recovers and its Leap engine aftermarket program enters its profitable phase.
The Leap engine is installed on a growing majority of the popular Airbus A320neo family, compounding GE's prospects for decades of profitable service revenue from its large installed fleet of engines.
Even the fleet of older engines like the GE90, which went into service in 1995 and powers about half of Boeing 777s, has yet to see most of its shop visits to GE.
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Price Target
$190 → $210
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