- Boeing (BA, Financial) receives an upgraded outlook due to improvements in its manufacturing processes.
- Analysts predict a significant increase in the production of Boeing's key aircraft models.
- Current stock assessments suggest a positive, though moderate, future performance for Boeing shares.
Boeing (BA) has garnered an upgrade to "Outperform" from Bernstein, driven by consistent advancements in its manufacturing operations. Notably, Boeing's 737 Max production is anticipated to hit a monthly output of 38 jets by July, with further capacity enhancements expected in the ensuing years. The 787 Dreamliner's production trajectory is likewise exceeding initial forecasts, signaling promising growth prospects.
Wall Street Analysts' Forecast
According to the latest one-year price targets from 23 analysts, Boeing Co (BA, Financial) is projected to reach an average target price of $198.36. This range includes a high estimate of $230.00 and a low estimate of $140.00, indicating a potential upside of 8.67% from its current price of $182.54. For a more comprehensive overview of these estimates, please refer to the Boeing Co (BA) Forecast page.
The consensus from 29 brokerage firms positions Boeing Co (BA, Financial) at an average brokerage recommendation of 2.1, aligning with an "Outperform" status. The recommendations are based on a grading scale from 1 to 5, where 1 represents a Strong Buy, and 5 signals a Sell.
Based on GuruFocus estimates, Boeing Co (BA, Financial)'s one-year projected GF Value is $181.86. This estimation suggests a potential downside of 0.37% from its current market price of $182.54. The GF Value reflects GuruFocus' calculated fair value of the stock, drawn from historical trading multiples, past business growth, and forward-looking business performance estimates. For further data analysis, visit the Boeing Co (BA) Summary page.
