Embraer (ERJ) Increases Aircraft Deliveries and Reports $26.4 Billion Backlog

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3 days ago
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  • Embraer (ERJ, Financial) sees a robust 20% increase in aircraft deliveries, boosting its sector presence.
  • Analysts predict a potential 20.05% upside in Embraer's stock from the current price.
  • GF Value indicates a possible downside, inviting investor scrutiny.

Embraer (ERJ) has reported a successful first quarter, delivering 30 aircraft—a notable 20% rise compared to the same timeframe the previous year. As of now, the company's total backlog has reached an impressive $26.4 billion. While the commercial aviation backlog has decreased to $10 billion, the executive jets division has hit a new record with a robust $7.6 billion backlog.

Wall Street Analysts' Expectations

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Insight from 11 analysts reflects a one-year price target for Embraer SA (ERJ, Financial) averaging at $51.27. Estimates range from a high of $65.00 to a low of $35.00. This average target suggests a potential upside of 20.05% from the current stock price of $42.71. For more in-depth estimate data, please visit the Embraer SA (ERJ) Forecast page.

Brokerage Recommendations

The consensus recommendation from 13 brokerage firms positions Embraer SA (ERJ, Financial) with an average brokerage recommendation of 2.3, indicative of an "Outperform" status. This rating falls on a scale from 1 to 5, where 1 represents a Strong Buy and 5 signifies a Sell.

Analysis of GF Value

According to GuruFocus estimates, the projected GF Value for Embraer SA (ERJ, Financial) over the next year is assessed at $24.47. This valuation suggests a potential downside of 42.71% from the current stock price of $42.71. The GF Value is GuruFocus' estimation of the stock's fair trading value, based on historical trading multiples, historical business growth, and future business performance projections. For further detailed analysis, visit the Embraer SA (ERJ) Summary page.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.