Key Insights:
- Boeing (BA, Financial) appoints Steve Sullivan to lead the Air Force One project, succeeding Gregg Coffey.
- Analyst forecasts suggest a potential 13.22% upside for Boeing with an average price target of $225.19.
- GuruFocus estimates a one-year GF Value downside of 5.32% based on historical and projected financial performance.
Boeing's Strategic Leadership Shift
Boeing (BA) has strategically appointed Steve Sullivan, a former executive at Northrop Grumman, to spearhead its high-profile Air Force One project. Sullivan steps into this pivotal role, taking over from Gregg Coffey, who will transition to a different position within Boeing. This presidential aircraft modernization initiative, which involves converting two Boeing 747-8 planes, has encountered delays with the completion timeline now extended to 2027.
Wall Street Analysts Forecast
According to estimates from 22 analysts, Boeing Co (BA, Financial) has a one-year average target price of $225.19. The projections range from a high of $260.00 to a low of $180.00, representing a potential upside of 13.22% from the current stock price of $198.90. For a comprehensive look at these figures, visit the Boeing Co (BA) Forecast page.
Brokerage Recommendations
Among 28 brokerage firms, the consensus recommendation for Boeing Co (BA, Financial) stands at an average of 1.9, indicative of an "Outperform" status. The rating scale used by these firms ranges from 1 (Strong Buy) to 5 (Sell), positioning Boeing favorably in the current market outlook.
Assessing Boeing's Valuation with GF Value
Based on GuruFocus estimates, Boeing Co's (BA, Financial) one-year estimated GF Value is $188.32, which suggests a potential downside of 5.32% from the existing price of $198.90. The GF Value, a reflection of the stock’s fair market value, is derived from historical trading multiples, past growth trajectories, and forecasts of future business performance. For a deeper analysis, the Boeing Co (BA) Summary page offers more detailed information.
