{ "run": { "id": "cmnr13sxq03y5p658zd5rnsj2", "region": "US", "assetId": "cmnr13sk203xpp6589egzu1ok", "ticker": "GE", "snapshotId": "cmnr13sqw03xwp658uc5f4h6q", "promptTemplateId": "cmnqt07si0005lm3jzpxuu1ux", "createdAt": "2026-04-09T05:20:47.676Z", "promptTemplate": { "id": "cmnqt07si0005lm3jzpxuu1ux", "name": "Oficial 08.apr.2026", "version": 1 }, "snapshot": { "id": "cmnr13sqw03xwp658uc5f4h6q", "assetId": "cmnr13sk203xpp6589egzu1ok", "asOf": "2026-04-08T20:00:03.000Z", "snapshot": { "asOf": "2026-04-08T20:00:03.000Z", "quote": { "asOf": "2026-04-08T20:00:03.000Z", "open": null, "price": 308.06, "dayLow": 305.33, "volume": 5546893, "dayHigh": 313.13, "currency": "USD", "prevClose": 288.6, "week52Low": 165.7, "week52High": 348.48 }, "fundamentals": { "pe": 37.5646341463415, "beta": 1.03506882403519, "epsTTM": 8.2, "fcfTTM": 7666000000, "growth": { "epsYoy": 0.357615894039735, "revenueYoy": 0.1848224897938091 }, "sector": "Electronic & Other Electrical Equipment (No Computer Equip)", "margins": { "net": 0.1898157234761749, "gross": 0.02163340966088758, "operating": 0.1932395594809726 }, "website": null, "industry": null, "pegRatio": 1.0504184733514, "ebitdaTTM": 10306000000, "forwardPe": 41.6820027063599, "marketCap": 270200000000, "totalCash": 12392000000, "totalDebt": 22155000000, "debtEquity": 1.18621834341704, "quickRatio": 0.6199332991277579, "revenueTTM": 45855000000, "companyName": "GENERAL ELECTRIC CO", "priceToBook": 17.2938845380464, "currentRatio": 1.041457157516675, "dividendYield": 0.0044428148683634, "returnOnAssets": 0.06686691915893954, "returnOnEquity": 0.466027734646892, "analystOpinions": null, "businessSummary": null, "enterpriseValue": 336582830000, "analystTargetLow": null, "analystTargetHigh": null, "analystTargetMean": null, "fullTimeEmployees": null, "sharesOutstanding": 1048813612, "enterpriseToEbitda": 32.65892004657481, "analystTargetMedian": null, "enterpriseToRevenue": 7.340155490131938, "operatingCashflowTTM": 8537000000, "analystRecommendationKey": null } }, "createdAt": "2026-04-09T05:20:47.433Z" }, "results": [ { "id": "cmnr13sxs03y9p658zuudhabi", "runId": "cmnr13sxq03y5p658zd5rnsj2", "modelId": "anthropic", "status": "SUCCESS", "rawOutput": "{\"model\":\"claude-3.7-sonnet-equity-research-v1\",\"as_of\":\"2026-04-08T20:00:03.000Z\",\"ticker\":\"GE\",\"currency\":\"USD\",\"current_price\":308.06,\"target_price_6m\":318,\"target_price_12m\":330,\"recommendation\":\"BUY\",\"confidence\":0.58,\"thesis_bullets\":[\"GE Aerospace dominates commercial engine aftermarket with durable pricing power\",\"Strong EPS growth of 35.8% YoY supports premium valuation\",\"Revenue momentum at 18.5% YoY driven by services and spare parts\",\"Valuation stretched at 37.6x P/E; requires continued execution to sustain\",\"PEG ratio near 1.05 suggests growth roughly justifies current multiple\"],\"key_drivers\":[{\"driver\":\"Commercial aerospace aftermarket revenue acceleration\",\"impact\":\"HIGH\",\"direction\":\"POS\"},{\"driver\":\"Defense segment orders and backlog growth\",\"impact\":\"MED\",\"direction\":\"POS\"},{\"driver\":\"LEAP engine installed base expanding service revenues\",\"impact\":\"HIGH\",\"direction\":\"POS\"},{\"driver\":\"Operating margin expansion toward mid-20s target\",\"impact\":\"HIGH\",\"direction\":\"POS\"},{\"driver\":\"Forward P/E of 41.7x signals potential earnings normalization\",\"impact\":\"MED\",\"direction\":\"NEG\"},{\"driver\":\"Elevated debt-to-equity at 1.19x limits financial flexibility\",\"impact\":\"MED\",\"direction\":\"NEG\"},{\"driver\":\"Global air traffic recovery sustaining engine shop visits\",\"impact\":\"HIGH\",\"direction\":\"POS\"},{\"driver\":\"Share buyback program supporting per-share metrics\",\"impact\":\"LOW\",\"direction\":\"POS\"}],\"risks\":[\"Multiple compression if aerospace cycle peaks or growth decelerates\",\"Supply chain disruptions impacting engine delivery schedules\",\"Rising interest rates pressuring elevated debt load and valuation multiples\",\"Geopolitical tensions reducing international defense and commercial demand\",\"Engine quality or safety issues triggering costly fleet-wide inspections\"],\"assumptions\":{\"revenue_cagr_3y\":0.10,\"ebit_margin_target\":0.22,\"wacc\":0.095,\"terminal_multiple\":25},\"scenarios\":{\"bear\":{\"target_price\":240,\"prob\":0.20,\"notes\":\"Aerospace cycle slowdown triggers multiple compression to ~28x P/E on flat earnings.\"},\"base\":{\"target_price\":332,\"prob\":0.55,\"notes\":\"Mid-teens EPS growth to ~$9.50 with modest multiple compression to ~35x.\"},\"bull\":{\"target_price\":385,\"prob\":0.25,\"notes\":\"Accelerating aftermarket and margin expansion drive EPS above $10.50 at sustained premium.\"}},\"method_notes\":\"Blended forward P/E and EV/EBITDA approach anchored on GE Aerospace post-spin fundamentals. Base assumes 15% EPS growth with gradual multiple normalization from 37.6x to ~35x. Probability-weighted scenario value ~$328 supports modest upside. Valuation is rich but PEG ~1.05 and strong FCF generation ($7.7B TTM) provide support. Confidence moderate given stretched multiples and cyclical risk. Not investment advice.\"}", "parsedJson": { "as_of": "2026-04-08T20:00:03.000Z", "model": "claude-3.7-sonnet-equity-research-v1", "risks": [ "Multiple compression if aerospace cycle peaks or growth decelerates", "Supply chain disruptions impacting engine delivery schedules", "Rising interest rates pressuring elevated debt load and valuation multiples", "Geopolitical tensions reducing international defense and commercial demand", "Engine quality or safety issues triggering costly fleet-wide inspections" ], "ticker": "GE", "currency": "USD", "scenarios": { "base": { "prob": 0.55, "notes": "Mid-teens EPS growth to ~$9.50 with modest multiple compression to ~35x.", "target_price": 332 }, "bear": { "prob": 0.2, "notes": "Aerospace cycle slowdown triggers multiple compression to ~28x P/E on flat earnings.", "target_price": 240 }, "bull": { "prob": 0.25, "notes": "Accelerating aftermarket and margin expansion drive EPS above $10.50 at sustained premium.", "target_price": 385 } }, "confidence": 0.58, "assumptions": { "wacc": 0.095, "revenue_cagr_3y": 0.1, "terminal_multiple": 25, "ebit_margin_target": 0.22 }, "key_drivers": [ { "driver": "Commercial aerospace aftermarket revenue acceleration", "impact": "HIGH", "direction": "POS" }, { "driver": "Defense segment orders and backlog growth", "impact": "MED", "direction": "POS" }, { "driver": "LEAP engine installed base expanding service revenues", "impact": "HIGH", "direction": "POS" }, { "driver": "Operating margin expansion toward mid-20s target", "impact": "HIGH", "direction": "POS" }, { "driver": "Forward P/E of 41.7x signals potential earnings normalization", "impact": "MED", "direction": "NEG" }, { "driver": "Elevated debt-to-equity at 1.19x limits financial flexibility", "impact": "MED", "direction": "NEG" }, { "driver": "Global air traffic recovery sustaining engine shop visits", "impact": "HIGH", "direction": "POS" }, { "driver": "Share buyback program supporting per-share metrics", "impact": "LOW", "direction": "POS" } ], "method_notes": "Blended forward P/E and EV/EBITDA approach anchored on GE Aerospace post-spin fundamentals. Base assumes 15% EPS growth with gradual multiple normalization from 37.6x to ~35x. Probability-weighted scenario value ~$328 supports modest upside. Valuation is rich but PEG ~1.05 and strong FCF generation ($7.7B TTM) provide support. Confidence moderate given stretched multiples and cyclical risk. Not investment advice.", "current_price": 308.06, "recommendation": "BUY", "thesis_bullets": [ "GE Aerospace dominates commercial engine aftermarket with durable pricing power", "Strong EPS growth of 35.8% YoY supports premium valuation", "Revenue momentum at 18.5% YoY driven by services and spare parts", "Valuation stretched at 37.6x P/E; requires continued execution to sustain", "PEG ratio near 1.05 suggests growth roughly justifies current multiple" ], "target_price_6m": 318, "target_price_12m": 330 }, "errorsJson": { "attempts": [], "providerMeta": { "provider": "anthropic", "webSearch": { "enabled": false, "maxToolCalls": 2, "disabledReason": null }, "pauseTurns": 0, "stopReason": "end_turn" }, "sanityIssues": [] }, "latencyMs": 44491, "createdAt": "2026-04-09T05:20:47.676Z", "usage": { "inputTokens": 3514, "outputTokens": 2107, "costUsd": 0.070245 } }, { "id": "cmnr13sxs03ycp658w0v6zpe0", "runId": "cmnr13sxq03y5p658zd5rnsj2", "modelId": "deepseek.reasoner", "status": "SUCCESS", "rawOutput": "{\n \"model\": \"AI Equity Research Model v1.0\",\n \"as_of\": \"2026-04-08T20:00:03.000Z\",\n \"ticker\": \"GE\",\n \"currency\": \"USD\",\n \"current_price\": 308.06,\n \"target_price_6m\": 298.0,\n \"target_price_12m\": 282.9,\n \"recommendation\": \"SELL\",\n \"confidence\": 0.6,\n \"thesis_bullets\": [\n \"GE shows robust EPS and revenue growth year-over-year.\",\n \"Current P/E and EV/EBITDA multiples are historically high.\",\n \"Aerospace and energy segments drive profitability.\",\n \"Debt and economic cycles could pressure earnings.\",\n \"Valuation suggests limited upside with potential downside.\"\n ],\n \"key_drivers\": [\n { \"driver\": \"Aerospace demand recovery\", \"impact\": \"HIGH\", \"direction\": \"POS\" },\n { \"driver\": \"Renewable energy investments\", \"impact\": \"MED\", \"direction\": \"POS\" },\n { \"driver\": \"Interest rate increases\", \"impact\": \"HIGH\", \"direction\": \"NEG\" },\n { \"driver\": \"Supply chain efficiency\", \"impact\": \"MED\", \"direction\": \"POS\" },\n { \"driver\": \"Market valuation multiples\", \"impact\": \"HIGH\", \"direction\": \"NEG\" },\n { \"driver\": \"Global industrial production\", \"impact\": \"HIGH\", \"direction\": \"POS\" },\n { \"driver\": \"Regulatory environment\", \"impact\": \"LOW\", \"direction\": \"NEG\" },\n { \"driver\": \"Operational margin improvement\", \"impact\": \"MED\", \"direction\": \"POS\" }\n ],\n \"risks\": [\n \"Economic recession impacting demand\",\n \"Increased competition in core markets\",\n \"Execution risks in growth initiatives\",\n \"Currency exchange rate volatility\"\n ],\n \"assumptions\": {\n \"revenue_cagr_3y\": 0.12,\n \"ebit_margin_target\": 0.1932,\n \"wacc\": 0.09,\n \"terminal_multiple\": 20.0\n },\n \"scenarios\": {\n \"bear\": { \"target_price\": 260.0, \"prob\": 0.3, \"notes\": \"Severe economic downturn reduces growth.\" },\n \"base\": { \"target_price\": 282.9, \"prob\": 0.5, \"notes\": \"Moderate growth with P/E compression to 30.\" },\n \"bull\": { \"target_price\": 305.0, \"prob\": 0.2, \"notes\": \"Strong execution maintains high multiples.\" }\n },\n \"method_notes\": \"DCF valuation with 12% revenue growth and 9% WACC. SELL due to overvaluation and downside risk. not investment advice.\"\n}", "parsedJson": { "as_of": "2026-04-08T20:00:03.000Z", "model": "AI Equity Research Model v1.0", "risks": [ "Economic recession impacting demand", "Increased competition in core markets", "Execution risks in growth initiatives", "Currency exchange rate volatility" ], "ticker": "GE", "currency": "USD", "scenarios": { "base": { "prob": 0.5, "notes": "Moderate growth with P/E compression to 30.", "target_price": 282.9 }, "bear": { "prob": 0.3, "notes": "Severe economic downturn reduces growth.", "target_price": 260 }, "bull": { "prob": 0.2, "notes": "Strong execution maintains high multiples.", "target_price": 305 } }, "confidence": 0.6, "assumptions": { "wacc": 0.09, "revenue_cagr_3y": 0.12, "terminal_multiple": 20, "ebit_margin_target": 0.1932 }, "key_drivers": [ { "driver": "Aerospace demand recovery", "impact": "HIGH", "direction": "POS" }, { "driver": "Renewable energy investments", "impact": "MED", "direction": "POS" }, { "driver": "Interest rate increases", "impact": "HIGH", "direction": "NEG" }, { "driver": "Supply chain efficiency", "impact": "MED", "direction": "POS" }, { "driver": "Market valuation multiples", "impact": "HIGH", "direction": "NEG" }, { "driver": "Global industrial production", "impact": "HIGH", "direction": "POS" }, { "driver": "Regulatory environment", "impact": "LOW", "direction": "NEG" }, { "driver": "Operational margin improvement", "impact": "MED", "direction": "POS" } ], "method_notes": "DCF valuation with 12% revenue growth and 9% WACC. SELL due to overvaluation and downside risk. not investment advice.", "current_price": 308.06, "recommendation": "SELL", "thesis_bullets": [ "GE shows robust EPS and revenue growth year-over-year.", "Current P/E and EV/EBITDA multiples are historically high.", "Aerospace and energy segments drive profitability.", "Debt and economic cycles could pressure earnings.", "Valuation suggests limited upside with potential downside." ], "target_price_6m": 298, "target_price_12m": 282.9 }, "errorsJson": { "attempts": [], "providerMeta": { "endpoint": "https://api.deepseek.com/v1/chat/completions", "provider": "deepseek", "webSearch": { "enabled": false, "supported": false }, "responseFormat": "json_object" }, "sanityIssues": [] }, "latencyMs": 338, "createdAt": "2026-04-09T05:20:47.676Z", "usage": { "inputTokens": 2035, "outputTokens": 4071, "costUsd": 0.00228 } }, { "id": "cmnr13sxs03yap658tkr0cmg7", "runId": "cmnr13sxq03y5p658zd5rnsj2", "modelId": "gemini.3-pro", "status": "SUCCESS", "rawOutput": "{\n \"model\": \"EquityResearch_GE_Aerospace\",\n \"as_of\": \"2026-04-08T20:00:03.000Z\",\n \"ticker\": \"GE\",\n \"currency\": \"USD\",\n \"current_price\": 308.06,\n \"target_price_6m\": 312.00,\n \"target_price_12m\": 320.00,\n \"recommendation\": \"HOLD\",\n \"confidence\": 0.65,\n \"thesis_bullets\": [\n \"GE Aerospace transition complete, creating a pure-play aviation powerhouse with strong competitive moats.\",\n \"Commercial engine aftermarket services provide highly visible, high-margin recurring revenue streams.\",\n \"Premium valuation at 37x P/E limits near-term upside despite robust 18% revenue growth.\",\n \"Supply chain bottlenecks remain a persistent headwind for new LEAP engine deliveries.\",\n \"Strong FCF generation of $7.6B TTM supports deleveraging and future capital returns.\"\n ],\n \"key_drivers\": [\n {\n \"driver\": \"Commercial air traffic recovery\",\n \"impact\": \"HIGH\",\n \"direction\": \"POS\"\n },\n {\n \"driver\": \"LEAP engine production rates\",\n \"impact\": \"HIGH\",\n \"direction\": \"POS\"\n },\n {\n \"driver\": \"Aerospace supply chain constraints\",\n \"impact\": \"HIGH\",\n \"direction\": \"NEG\"\n },\n {\n \"driver\": \"Defense budget allocations\",\n \"impact\": \"MED\",\n \"direction\": \"POS\"\n },\n {\n \"driver\": \"Raw material inflation\",\n \"impact\": \"MED\",\n \"direction\": \"NEG\"\n },\n {\n \"driver\": \"Aftermarket shop visit volumes\",\n \"impact\": \"HIGH\",\n \"direction\": \"POS\"\n }\n ],\n \"risks\": [\n \"Prolonged supply chain disruptions affecting OEM deliveries and margins.\",\n \"Macroeconomic slowdown reducing global commercial air traffic and aftermarket demand.\",\n \"Execution risks in scaling LEAP engine production to meet backlog.\",\n \"High valuation multiple leaves little room for earnings misses or guidance cuts.\"\n ],\n \"assumptions\": {\n \"revenue_cagr_3y\": 0.10,\n \"ebit_margin_target\": 0.21,\n \"wacc\": 0.085,\n \"terminal_multiple\": 25.0\n },\n \"scenarios\": {\n \"bear\": {\n \"target_price\": 250.00,\n \"prob\": 0.25,\n \"notes\": \"Supply chain issues persist, causing delivery misses and multiple contraction to 25x P/E.\"\n },\n \"base\": {\n \"target_price\": 320.00,\n \"prob\": 0.55,\n \"notes\": \"Steady aftermarket growth and gradual supply chain easing support low double-digit earnings growth.\"\n },\n \"bull\": {\n \"target_price\": 380.00,\n \"prob\": 0.20,\n \"notes\": \"Rapid resolution of supply chain constraints and robust defense orders drive margin expansion.\"\n }\n },\n \"method_notes\": \"Valuation based on a 10-year DCF and EV/EBITDA multiple approach. The premium 37x P/E multiple limits upside to ~4%, resulting in a HOLD recommendation. Not investment advice.\"\n}", "parsedJson": { "as_of": "2026-04-08T20:00:03.000Z", "model": "EquityResearch_GE_Aerospace", "risks": [ "Prolonged supply chain disruptions affecting OEM deliveries and margins.", "Macroeconomic slowdown reducing global commercial air traffic and aftermarket demand.", "Execution risks in scaling LEAP engine production to meet backlog.", "High valuation multiple leaves little room for earnings misses or guidance cuts." ], "ticker": "GE", "currency": "USD", "scenarios": { "base": { "prob": 0.55, "notes": "Steady aftermarket growth and gradual supply chain easing support low double-digit earnings growth.", "target_price": 320 }, "bear": { "prob": 0.25, "notes": "Supply chain issues persist, causing delivery misses and multiple contraction to 25x P/E.", "target_price": 250 }, "bull": { "prob": 0.2, "notes": "Rapid resolution of supply chain constraints and robust defense orders drive margin expansion.", "target_price": 380 } }, "confidence": 0.65, "assumptions": { "wacc": 0.085, "revenue_cagr_3y": 0.1, "terminal_multiple": 25, "ebit_margin_target": 0.21 }, "key_drivers": [ { "driver": "Commercial air traffic recovery", "impact": "HIGH", "direction": "POS" }, { "driver": "LEAP engine production rates", "impact": "HIGH", "direction": "POS" }, { "driver": "Aerospace supply chain constraints", "impact": "HIGH", "direction": "NEG" }, { "driver": "Defense budget allocations", "impact": "MED", "direction": "POS" }, { "driver": "Raw material inflation", "impact": "MED", "direction": "NEG" }, { "driver": "Aftermarket shop visit volumes", "impact": "HIGH", "direction": "POS" } ], "method_notes": "Valuation based on a 10-year DCF and EV/EBITDA multiple approach. The premium 37x P/E multiple limits upside to ~4%, resulting in a HOLD recommendation. Not investment advice.", "current_price": 308.06, "recommendation": "HOLD", "thesis_bullets": [ "GE Aerospace transition complete, creating a pure-play aviation powerhouse with strong competitive moats.", "Commercial engine aftermarket services provide highly visible, high-margin recurring revenue streams.", "Premium valuation at 37x P/E limits near-term upside despite robust 18% revenue growth.", "Supply chain bottlenecks remain a persistent headwind for new LEAP engine deliveries.", "Strong FCF generation of $7.6B TTM supports deleveraging and future capital returns." ], "target_price_6m": 312, "target_price_12m": 320 }, "errorsJson": { "attempts": [], "providerMeta": { "model": "gemini-3-pro-preview", "provider": "gemini", "webSearch": { "used": false, "allowed": false, "enabled": false, "requested": false, "disabledReason": null } }, "sanityIssues": [] }, "latencyMs": 28824, "createdAt": "2026-04-09T05:20:47.676Z", "usage": { "inputTokens": 2389, "outputTokens": 844, "costUsd": 0.014906 } }, { "id": "cmnr13sxs03y8p658dd3o3id0", "runId": "cmnr13sxq03y5p658zd5rnsj2", "modelId": "openai.gpt-5.4", "status": "SUCCESS", "rawOutput": "{\"model\":\"AI Model Recommendation v2\",\"as_of\":\"2026-04-08T20:00:03.000Z\",\"ticker\":\"GE\",\"currency\":\"USD\",\"current_price\":308.06,\"target_price_6m\":315,\"target_price_12m\":323,\"recommendation\":\"HOLD\",\"confidence\":0.64,\"thesis_bullets\":[\"Aerospace aftermarket and installed base support durable high-margin growth.\",\"Revenue and EPS momentum remain strong, with FCF conversion improving.\",\"Widebody recovery and defense exposure provide additional demand support.\",\"Shares already discount much of the improvement at premium earnings and EV multiples.\",\"Execution and supply-chain constraints could cap upside despite solid fundamentals.\"],\"key_drivers\":[{\"driver\":\"Aftermarket services mix\",\"impact\":\"HIGH\",\"direction\":\"POS\"},{\"driver\":\"Commercial engine utilization\",\"impact\":\"HIGH\",\"direction\":\"POS\"},{\"driver\":\"Widebody build rates\",\"impact\":\"MED\",\"direction\":\"POS\"},{\"driver\":\"Defense propulsion demand\",\"impact\":\"MED\",\"direction\":\"POS\"},{\"driver\":\"Productivity and pricing\",\"impact\":\"MED\",\"direction\":\"POS\"},{\"driver\":\"Supply-chain bottlenecks\",\"impact\":\"HIGH\",\"direction\":\"NEG\"},{\"driver\":\"Valuation multiple compression\",\"impact\":\"HIGH\",\"direction\":\"NEG\"},{\"driver\":\"Air travel slowdown\",\"impact\":\"MED\",\"direction\":\"NEG\"}],\"risks\":[\"OEM and supplier shortages delay deliveries.\",\"Airline traffic or fleet utilization weakens.\",\"Premium multiple compresses as rates stay higher.\",\"Program execution misses on LEAP/GEnx ramp.\",\"Cash conversion disappoints versus expectations.\"],\"assumptions\":{\"revenue_cagr_3y\":0.12,\"ebit_margin_target\":0.24,\"wacc\":0.085,\"terminal_multiple\":26},\"scenarios\":{\"bear\":{\"target_price\":255,\"prob\":0.25,\"notes\":\"Delivery bottlenecks and multiple compression outweigh aftermarket growth.\"},\"base\":{\"target_price\":323,\"prob\":0.5,\"notes\":\"Aftermarket growth offsets slower deliveries, sustaining a premium valuation.\"},\"bull\":{\"target_price\":390,\"prob\":0.25,\"notes\":\"Margins expand and cash conversion surprises positively as supply normalizes.\"}},\"method_notes\":\"Snapshot quote/fundamentals used as authoritative inputs. Valuation blends premium aerospace EV/EBIT and FCF-yield framing using stated assumptions, not sell-side targets. HOLD matches ~4.9% 12M upside versus current price, with strong operating trends offset by rich valuation and execution risk; not investment advice.\"}", "parsedJson": { "as_of": "2026-04-08T20:00:03.000Z", "model": "AI Model Recommendation v2", "risks": [ "OEM and supplier shortages delay deliveries.", "Airline traffic or fleet utilization weakens.", "Premium multiple compresses as rates stay higher.", "Program execution misses on LEAP/GEnx ramp.", "Cash conversion disappoints versus expectations." ], "ticker": "GE", "currency": "USD", "scenarios": { "base": { "prob": 0.5, "notes": "Aftermarket growth offsets slower deliveries, sustaining a premium valuation.", "target_price": 323 }, "bear": { "prob": 0.25, "notes": "Delivery bottlenecks and multiple compression outweigh aftermarket growth.", "target_price": 255 }, "bull": { "prob": 0.25, "notes": "Margins expand and cash conversion surprises positively as supply normalizes.", "target_price": 390 } }, "confidence": 0.64, "assumptions": { "wacc": 0.085, "revenue_cagr_3y": 0.12, "terminal_multiple": 26, "ebit_margin_target": 0.24 }, "key_drivers": [ { "driver": "Aftermarket services mix", "impact": "HIGH", "direction": "POS" }, { "driver": "Commercial engine utilization", "impact": "HIGH", "direction": "POS" }, { "driver": "Widebody build rates", "impact": "MED", "direction": "POS" }, { "driver": "Defense propulsion demand", "impact": "MED", "direction": "POS" }, { "driver": "Productivity and pricing", "impact": "MED", "direction": "POS" }, { "driver": "Supply-chain bottlenecks", "impact": "HIGH", "direction": "NEG" }, { "driver": "Valuation multiple compression", "impact": "HIGH", "direction": "NEG" }, { "driver": "Air travel slowdown", "impact": "MED", "direction": "NEG" } ], "method_notes": "Snapshot quote/fundamentals used as authoritative inputs. Valuation blends premium aerospace EV/EBIT and FCF-yield framing using stated assumptions, not sell-side targets. HOLD matches ~4.9% 12M upside versus current price, with strong operating trends offset by rich valuation and execution risk; not investment advice.", "current_price": 308.06, "recommendation": "HOLD", "thesis_bullets": [ "Aerospace aftermarket and installed base support durable high-margin growth.", "Revenue and EPS momentum remain strong, with FCF conversion improving.", "Widebody recovery and defense exposure provide additional demand support.", "Shares already discount much of the improvement at premium earnings and EV multiples.", "Execution and supply-chain constraints could cap upside despite solid fundamentals." ], "target_price_6m": 315, "target_price_12m": 323 }, "errorsJson": { "attempts": [], "providerMeta": { "provider": "openai", "webSearch": { "used": false, "enabled": false, "sources": [], "maxToolCalls": 2 }, "responseId": "resp_0368bb6d5366a9090069d7595f141c81969f689bc0e6bbaafc", "reasoningEffort": "medium", "structuredOutputs": { "used": true, "requested": true, "disabledReason": null } }, "sanityIssues": [] }, "latencyMs": 46155, "createdAt": "2026-04-09T05:20:47.676Z", "usage": { "inputTokens": 2304, "outputTokens": 2421, "costUsd": 0.037926 } }, { "id": "cmnr13sxs03ybp658nb8d3wuc", "runId": "cmnr13sxq03y5p658zd5rnsj2", "modelId": "xai.grok-4.20-reasoning", "status": "SUCCESS", "rawOutput": "{\n \"model\": \"AI Equity Research Model\",\n \"as_of\": \"2026-04-08T20:00:03.000Z\",\n \"ticker\": \"GE\",\n \"currency\": \"USD\",\n \"current_price\": 308.06,\n \"target_price_6m\": 335,\n \"target_price_12m\": 365,\n \"recommendation\": \"BUY\",\n \"confidence\": 0.62,\n \"thesis_bullets\": [\n \"Strong aviation demand drives revenue and backlog\",\n \"Margin gains and FCF boost shareholder returns\",\n \"Post-spin-off focus improves operational efficiency\",\n \"Elevated 37x PE ratio limits margin of safety\",\n \"Supply chain and geopolitical risks threaten execution\"\n ],\n \"key_drivers\": [\n {\n \"driver\": \"Aerospace order backlog\",\n \"impact\": \"HIGH\",\n \"direction\": \"POS\"\n },\n {\n \"driver\": \"Aftermarket revenue growth\",\n \"impact\": \"HIGH\",\n \"direction\": \"POS\"\n },\n {\n \"driver\": \"EBIT margin expansion\",\n \"impact\": \"MED\",\n \"direction\": \"POS\"\n },\n {\n \"driver\": \"High current valuation\",\n \"impact\": \"HIGH\",\n \"direction\": \"NEG\"\n },\n {\n \"driver\": \"Geopolitical tensions\",\n \"impact\": \"MED\",\n \"direction\": \"NEG\"\n },\n {\n \"driver\": \"Economic cycle exposure\",\n \"impact\": \"MED\",\n \"direction\": \"NEG\"\n },\n {\n \"driver\": \"FCF generation\",\n \"impact\": \"HIGH\",\n \"direction\": \"POS\"\n },\n {\n \"driver\": \"Debt servicing costs\",\n \"impact\": \"LOW\",\n \"direction\": \"NEG\"\n }\n ],\n \"risks\": [\n \"Aviation downturn from recession\",\n \"Supply chain cost inflation\",\n \"Regulatory and trade barriers\",\n \"New product execution delays\"\n ],\n \"assumptions\": {\n \"revenue_cagr_3y\": 0.1,\n \"ebit_margin_target\": 0.2,\n \"wacc\": 0.085,\n \"terminal_multiple\": 24\n },\n \"scenarios\": {\n \"bear\": {\n \"target_price\": 265,\n \"prob\": 0.25,\n \"notes\": \"Recession cuts air travel and orders.\"\n },\n \"base\": {\n \"target_price\": 365,\n \"prob\": 0.5,\n \"notes\": \"Steady backlog execution and margins.\"\n },\n \"bull\": {\n \"target_price\": 430,\n \"prob\": 0.25,\n \"notes\": \"Accelerated market share and pricing.\"\n }\n },\n \"method_notes\": \"DCF using 10% revenue CAGR, 20% EBIT margin target, 8.5% WACC and 24x terminal multiple. 18% expected 12M return supports BUY. not investment advice.\"\n}", "parsedJson": { "as_of": "2026-04-08T20:00:03.000Z", "model": "AI Equity Research Model", "risks": [ "Aviation downturn from recession", "Supply chain cost inflation", "Regulatory and trade barriers", "New product execution delays" ], "ticker": "GE", "currency": "USD", "scenarios": { "base": { "prob": 0.5, "notes": "Steady backlog execution and margins.", "target_price": 365 }, "bear": { "prob": 0.25, "notes": "Recession cuts air travel and orders.", "target_price": 265 }, "bull": { "prob": 0.25, "notes": "Accelerated market share and pricing.", "target_price": 430 } }, "confidence": 0.62, "assumptions": { "wacc": 0.085, "revenue_cagr_3y": 0.1, "terminal_multiple": 24, "ebit_margin_target": 0.2 }, "key_drivers": [ { "driver": "Aerospace order backlog", "impact": "HIGH", "direction": "POS" }, { "driver": "Aftermarket revenue growth", "impact": "HIGH", "direction": "POS" }, { "driver": "EBIT margin expansion", "impact": "MED", "direction": "POS" }, { "driver": "High current valuation", "impact": "HIGH", "direction": "NEG" }, { "driver": "Geopolitical tensions", "impact": "MED", "direction": "NEG" }, { "driver": "Economic cycle exposure", "impact": "MED", "direction": "NEG" }, { "driver": "FCF generation", "impact": "HIGH", "direction": "POS" }, { "driver": "Debt servicing costs", "impact": "LOW", "direction": "NEG" } ], "method_notes": "DCF using 10% revenue CAGR, 20% EBIT margin target, 8.5% WACC and 24x terminal multiple. 18% expected 12M return supports BUY. not investment advice.", "current_price": 308.06, "recommendation": "BUY", "thesis_bullets": [ "Strong aviation demand drives revenue and backlog", "Margin gains and FCF boost shareholder returns", "Post-spin-off focus improves operational efficiency", "Elevated 37x PE ratio limits margin of safety", "Supply chain and geopolitical risks threaten execution" ], "target_price_6m": 335, "target_price_12m": 365 }, "errorsJson": { "attempts": [], "providerMeta": { "provider": "xai", "webSearch": { "used": false, "enabled": false, "sources": [], "maxToolCalls": 2 }, "responseId": "f934e046-9e7b-98d9-b621-e1d21c65278d", "usedFallbackChatCompletions": false }, "sanityIssues": [] }, "latencyMs": 21882, "createdAt": "2026-04-09T05:20:47.676Z", "usage": { "inputTokens": 2645, "outputTokens": 2964, "costUsd": 0.052395 } } ] } }