Boeing

Boeing (NYSE:BA) Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 12/15/2023 23.19% UBS $275 → $315 Maintains Buy 12/12/2023 — William Blair Initiates Coverage On → Outperform 12/06/2023 -8.1% Barclays $210 → $235 Maintains Equal-Weight 12/01/2023 3.64% Stifel → $265 Initiates Coverage On → Buy 11/28/2023 7.55% RBC Capital $200 → $275 Upgrades Sector Perform → Outperform 11/20/2023 5.59% Deutsche Bank → $270 Upgrades Hold → Buy 11/01/2023 — Goldman Sachs Maintains Buy 10/31/2023 -15.13% Northcoast Research → $217 Upgrades Neutral → Buy 10/26/2023 -21.78% RBC Capital $210 → $200 Maintains Sector Perform 10/26/2023 5.98% Citigroup $285 → $271 Maintains Buy 10/26/2023 -13.96% Morgan Stanley $235 → $220 Maintains Equal-Weight 10/11/2023 7.55% UBS → $275 Initiates Coverage On → Buy 10/03/2023 -10.05% Wells Fargo $270 → $230 Maintains Overweight 09/28/2023 -20.22% Deutsche Bank → $204 Initiates Coverage On → Hold 09/18/2023 5.59% Susquehanna […]

The Boeing Co. (BA) said Tuesday it has received an order from Ireland-based lessor Avolon for 40 737-8 jets as it moves to expands its fleet to more than 110 jets. Avolon already order 40 737-8s in June. Avolon’s fleet is composed of 727-8 and 737-10 planes. Boeing’s stock was up 0.5% premarket and has gained 30% in the year to date, while the S&P 500 has gained 20%.

Citigroup analyst Jason Gursky maintains Boeing (NYSE:BA) with a Buy and lowers the price target from $285 to $271.

CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: Our 12-month target of $190, cut $20, reflects a 39x multiple of projected 2024 EPS. The applied multiple is slightly below BA’s recent historical forward average of 42.5x, merited, in our view, by the ongoing retrenchment that must occur to move past quality control problems with the 737 family. We widen our expected per-share loss in 2023 by $1.94 to $5.23 and we cut our 2024 EPS estimate by $0.53 to $4.86. A Q3 operating loss per share of $3.26 vs. a loss per share of $6.18 is $0.65 wider than the consensus view. On a positive note, order flow is good, as BA racked up 400 net orders in Q3, but 2023 guidance on 737 deliveries was cut to a range of 375-400 in 2023 (prior

Boeing (BA) faces potential downside risk to about 81 737 aircraft deliveries in Q4 based on Ryanair’s (RYAAY) disclosures, Deutsche Bank said in a note to clients Friday. Deutsche Bank also said Boeing deliveries for October and potentially November and December are likely to be lower due to the reported expansion of the aft pressure bulkhead inspections. “We think this is likely to result in previously inspected and reworked aircraft requiring an additional inspection and potentially additional rework before they can be delivered,” analysts Scott Deuschle and Megan Makini wrote. They now expect Boeing 737 deliveries to reach only 384 this year, down from its previous outlook of 404, and Q4 deliveries at 98, compared with its prior forecast of 118 and the Street’s 126. Deutsche Bank has a hold rating and a $204 price target on Boeing’s stock.

UBS analyst Gavin Parsons initiates coverage on Boeing (NYSE:BA) with a Buy rating and announces Price Target of $275.

Boeing (NYSE:BA) deliveries declined in August due to manufacturing issues with the 737 Max jet, multiple media outlets reported Tuesday. The company delivered 35 planes last month, its lowest number since April, according to a Reuters report. The deliveries included 22 narrowbody 737 Max jets, bringing the total for the first eight months of the year to 344 planes.

Boeing to Deliver $400 Million to $450 Million MAX 737 Planes in 2023, Though Likely Towards Lower End of Range, Reiterates 2023 FCF of $3 Billion to $5 Billion, CFO Says.

Boeing (NYSE:BA) said on its website it has 4,358 unfilled orders for its 737 airplane as of July 31. The Max 10 airplane, which can have up to 230 seats, has 810 unfilled orders, while the 737-8 model has 2,751 unfilled orders, it said. Boeing also said it has 109 unfilled orders for the 767, 437 unfilled orders for the 777, and 684 unfilled orders for the 787, which brings the total to 5,588.

Boeing (NYSE:BA) Q2 EPS $(0.82) Beats $(0.84) Estimate, Sales $19.75B Beat $16.58B Estimate。 Boeing Says 737 Program Is Transitioning Production To 38 Per Month And Plans To Reach 50 Per Month In The 2025/2026 Timeframe; Still Expects To Deliver 400-450 Airplanes This Year。 Boeing Forecasts Demand For 2.3M New Commercial Pilots, Technicians And Cabin Crew In Next 20 Years; 649,000 Pilots; 690,000 Maintenance Technicians; 938,000 Cabin Crew Members。 Boeing Exec Says Still Confident In Regulatory Process For 777X。 Boeing CFO Says Will Take Time To Consistently Deliver 38 Narrowbody 737s Off The Production Line

Boeing (NYSE:BA) CFO Says Will Take Time To Consistently Deliver 38 Narrowbody 737s Off The Production Line.