GE stock forecast: correction deepens below 287 support

Management has signed a long-term $12.4 million contract with Kratos Defence & Security Solutions Inc. for the development of aircraft engines for the US Air Force, making it one of the corporation’s most promising agreements and involving work on advanced combat and unmanned aerial platforms. In addition, the company continues its long-term cooperation with Palantir Technologies Inc., including the implementation of artificial intelligence solutions to improve military readiness, maintenance quality, and predictive diagnostics of equipment, reducing the likelihood of unexpected failures and increasing operational efficiency. To strengthen its aircraft maintenance capabilities, the company also plans to invest up to $300.0 million in Singapore, where, with the support of the country’s Economic Development Board, a new aviation service hub will be established. The project is aimed at reinforcing service infrastructure, introducing new technologies, and increasing local production capacity, allowing General Electric Co. to expand its presence in the Asian market and strengthen its position in the global industry.

The first-quarter financial report is scheduled for release in mid-April. According to preliminary estimates, revenue is expected to adjust from $11.87 billion to $10.62 billion compared with $9.94 billion a year earlier, while earnings per share (EPS) are projected to rise from $1.57 to $1.59 versus $1.49, respectively. The latest dividend payment for the previous year was made on January 26, when shareholders received $0.36 per share, equivalent to a yield of 0.46%, below the sector average of 0.94%. In 2026, the payout was indexed, and the next payment on April 27 will already amount to $0.47 per share, or a 0.60% yield.

Support and resistance levels

On the daily chart, the instrument has retreated from the previous low of 300.00, marking an attempt to break below the support line of the channel with boundaries at 360.00–300.00.

Technical indicators are strengthening the sell signal: the fast EMAs of the Alligator indicator continue to diverge from the signal line, while the Awesome Oscillator histogram is forming descending bars in negative territory.

Resistance levels: 300.00, 330.00.

Support levels: 276.00, 244.00.

Trading scenarios and General Electric Co. forecast

Short positions can be opened after the price declines and consolidates below 276.00, with a target at 244.00. Stop-loss — 290.00. Implementation period: 7 days or more.

Long positions can be opened after the price rises and consolidates above 300.00, with a target at 330.00 and a stop-loss at 290.00.