In its first-quarter earnings presentation, the company highlighted a slew of near-term challenges it was facing, including high inflation, the Russia-Ukraine war, and supply chain constraints. And GE stock has continued to climb thanks to strong Q1 results, a favorable aviation demand backdrop, and bullish medium- and long-term forecasts the company released at its investor day in March. Management expects profitability and cash flow to improve dramatically next year, but considering GE's recent track record in these business segments, investors could reasonably be skeptical of the company's targets.