Boeing (BA, Financial) has seen its price target reduced from $250 to $215 by Benchmark while maintaining a Buy rating on the stock. This adjustment comes against the backdrop of several ongoing challenges that are affecting the aerospace giant's immediate outlook.
Initially, fiscal year 2025 was anticipated to mark Boeing's resurgence as a leading global corporation. However, multiple obstacles have since emerged, impacting this trajectory. Notably, the Federal Aviation Administration (FAA) has not yet removed the production cap on the 737-MAX, limiting its output to 38 units per month. Additionally, delivery refusals by China and various supply chain setbacks, from engine procurement difficulties to an incident at a key fastener supplier, further complicate operations.
Adding to these issues are tariff-induced uncertainties that are influencing aircraft consumer decisions and broader strategic planning. Despite these hurdles, the long-term outlook remains promising due to the sustained market duopoly between Boeing and Airbus, according to Benchmark’s analysis.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 24 analysts, the average target price for Boeing Co (BA, Financial) is $196.26 with a high estimate of $250.00 and a low estimate of $111.00. The average target implies an upside of 21.22% from the current price of $161.90. More detailed estimate data can be found on the Boeing Co (BA) Forecast page.
Based on the consensus recommendation from 29 brokerage firms, Boeing Co's (BA, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Boeing Co (BA, Financial) in one year is $188.90, suggesting a upside of 16.68% from the current price of $161.9. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Boeing Co (BA) Summary page.
