GE Aerospace Soars: Double Earnings Boost Signals Aviation Recovery
GE Aerospace raises 2025 profit forecast twice in four months as jet engine demand surges, maintenance revenue jumps 33%, and supply chain improvements drive 41% delivery increase.
GE Aerospace raises 2025 profit forecast twice in four months as jet engine demand surges, maintenance revenue jumps 33%, and supply chain improvements drive 41% delivery increase.
RTX Corp. beats Q3 earnings expectations and raises 2025 profit forecast to $6.10-$6.20 per share, driven by strong aerospace demand and defense sales despite tariff challenges.
Activist investor Starboard Value acquires 5% stake in Fluor Corp, pushing for strategic changes to unlock value from its NuScale Power holdings amid AI-driven energy demand surge.
Citi downgrades NuScale Power to Sell with $37.50 target, citing Fluor sale risks, overvaluation, and significant ENTRA1 payment obligations that could reshape SMR's financial outlook.
Needham raises Planet Labs price target to $16, citing strategic satellite service focus and improving profitability through 2026.
Deutsche Bank analyst upgrades Intuitive Machines to Buy with $18 price target, citing "strong catalysts" and discount to space peers. Major contracts could drive gains.