Key Takeaways:
- Boeing's strategic leadership changes aim to harness future growth potential amid challenges.
- Analyst consensus suggests a promising upside, with an "Outperform" status.
- GuruFocus' GF Value indicates a favorable valuation outlook over the next year.
Boeing Co (BA, Financial) is gearing up for what promises to be a robust Q1 earnings report, primarily fueled by potential solid cash flow, despite the ongoing trade tensions with China. Recent shifts in strategy, evidenced by the appointment of Sean Black as the head of the Wichita site following the acquisition of Spirit Aero, highlight the company's commitment to leveraging growth opportunities.
Wall Street Analysts Forecast
According to insights from 24 industry analysts, the projected one-year average price target for Boeing Co (BA, Financial) stands at $194.88. The estimates span from a high of $233.00 to a low of $111.00, suggesting an optimistic 19.91% upside from its current trading price of $162.52. Further detailed projections are available on the Boeing Co (BA) Forecast page.
The consensus from 29 brokerage firms places Boeing Co (BA, Financial) at an average recommendation of 2.2, which corresponds to an "Outperform" rating. This rating, part of a scale from 1 to 5, marks 1 as Strong Buy and 5 as Sell, indicating confidence in Boeing's continued performance.
GuruFocus estimates suggest that the GF Value for Boeing Co (BA, Financial) over the next year is anticipated to be $188.90. This estimate indicates a potential upside of 16.23% from the current price of $162.52. The GF Value embodies GuruFocus' calculation of what the stock should be currently worth, taking into account its historical trading multiples, business growth, and projected future performance. More comprehensive data is accessible via the Boeing Co (BA) Summary page.
