- Boeing's supply chain remains resilient despite a recent disruption, ensuring continued 737 Max production.
- Analyst forecasts suggest a potentially lucrative upside for Boeing stock over the next year.
- Investors find Boeing rated as "Outperform" with notable growth prospects ahead.
Boeing Co. (BA, Financial) has successfully navigated a potential production hurdle by securing critical fasteners for its 737 Max aircraft following a supplier's plant fire. While the company managed to source these essential components at increased costs, industry experts remain watchful of potential risks to sustained production if supply chain consistency wavers.
Wall Street Analysts' Insights on Boeing
According to projections by 24 financial analysts, the average one-year price target for Boeing Co. (BA, Financial) stands at $196.26. Predictions vary, with a high estimate of $250.00 and a low of $111.00, signaling a promising potential upside of 23.64% from its current trading price of $158.74. To explore more on Boeing's stock forecasts, visit the Boeing Co (BA) Forecast page.
Furthermore, consensus from 29 brokerage firms places Boeing Co. (BA, Financial) with an average recommendation of 2.2, classifying it as "Outperform." This rating aligns with a scale where 1 represents a Strong Buy and 5 indicates a Sell.
Evaluating Boeing's Future Value
GuruFocus provides its estimate for Boeing Co.'s (BA, Financial) GF Value at approximately $188.90 for the next year, offering a potential 19% increase from the current price of $158.74. The GF Value metric is an estimation of the stock's fair trading value, derived from historical trading multiples, past growth trajectories, and projected business performance. Detailed financial insights can be accessed on the Boeing Co (BA) Summary page.
