- The Trump administration's focus on the Air Force’s F-47 program affects the Navy's F/A-XX project.
- Boeing (BA, Financial) secures a $3.4 billion contract for the F-47.
- Analysts predict an 8.48% upside potential for Boeing stock with a "Outperform" rating.
The Trump administration is strategically redirecting its defense priorities, placing the Air Force's F-47 program at the forefront. This decision has significant implications for the Navy's F/A-XX fighter jet initiative. Boeing (NYSE: BA) has emerged as the beneficiary of this shift, clinching a substantial $3.4 billion contract for the F-47. This development has sparked a discussion on the feasibility of advancing both high-profile projects within the constrained defense industry environment.
Wall Street Analysts' Outlook on Boeing
Wall Street analysts have weighed in with their projections for Boeing Co (BA, Financial). Based on insights from 22 analysts, the average target price sits at $229.51, with the spectrum spanning a high target of $275.00 and a low of $191.00. This average target suggests an attractive upside potential of 8.48% from the current trading price of $211.57. For more in-depth insights, investors can visit the Boeing Co (BA) Forecast page.
Furthermore, Boeing Co's stock continues to receive positive sentiment from the market. With an average brokerage recommendation of 1.9 from 28 firms, Boeing is currently rated as "Outperform." This rating falls on a scale where 1 indicates a Strong Buy, and 5 signals a Sell, reflecting a general consensus of optimism among analysts.
Assessing Boeing's Fair Value with GuruFocus Metrics
Utilizing GuruFocus estimates, the projected GF Value for Boeing Co (BA, Financial) one year from now is $190.80. This estimate represents a potential downside of 9.82% from the current price of $211.57. The GF Value is a proprietary measure by GuruFocus that calculates what a stock should ideally be traded at, taking into account its historical price multiples, past business growth, and future performance projections. For further details, the Boeing Co (BA) Summary page offers more comprehensive data.
