General Electric stock trades 21% above fair value after earnings dip

General Electric (NYSE: GE) saw its share price rise to about $370, roughly 21% above the fair‑value estimate of $307, even after a recent 5% decline tied to weaker adjusted EBITDA and earnings per share from its former energy unit. The spun‑off division GE Vernova reported a $176 billion backlog, highlighting strong demand across its infrastructure portfolio. Analysts credit GE’s aftermarket aircraft engine services for generating steady cash flow, but warn that any prolonged production issues at Boeing or supply‑chain bottlenecks could pressure earnings visibility. Despite these risks, the stock has delivered a 90‑day return of 24.5% and a one‑year total shareholder return of 35.3%, indicating continued investor confidence in the company’s long‑term earnings trajectory.