NASA is reportedly facing a significant reduction in its science budget as part of an initial budget proposal from President Donald Trump. According to sources, the proposed budget from the Office of Management and Budget would allocate $3.9 billion to NASA’s Science Mission Directorate, nearly halving its current budget of approximately $7.3 billion.
This substantial decrease could impact a range of ongoing and planned missions, affecting numerous companies involved in space exploration and spacecraft launches. Key players in this sector include Redwire (RDW), Intuitive Machines (LUNR), Rocket Lab (RKLB), Leidos (LDOS), and Boeing (BA, Financial).
The proposed cuts could have far-reaching consequences for these companies, influencing their operations and future projects in the expanding space industry. The situation remains fluid, as Congress will ultimately decide on the final appropriations for NASA's budget. Stakeholders across the industry are likely to closely monitor developments as the budget proposal progresses through legislative processes.
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 $196.34 with a high estimate of $250.00 and a low estimate of $113.00. The average target implies an upside of 27.70% from the current price of $153.76. 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 $189.34, suggesting a upside of 23.14% from the current price of $153.755. 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.
