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On Friday, Barclays (LON:BARC) reiterated its Overweight rating on Boeing (NYSE:BA) stock with a price target of $210.00, close to the current trading price of $205.79. The reaffirmation follows the observation of 10 Boeing 787 Dreamliners deliveries so far in May. According to InvestingPro data, Boeing’s stock is trading near its 52-week high of $209.66, having delivered an impressive 47% return over the past six months. Barclays’ analysis indicates a consistent pattern of deliveries from three locations, with six coming from Japan, one from Wichita, and three from Italy. This delivery rate for May comes after Boeing saw 17 Dreamliners delivered in April.
The firm provided a detailed account of the Dreamliner delivery rates, noting an average of 12 per month in the first quarter of 2025, 10 per month in the last quarter of 2024, 14 per month in the third quarter of 2024, 12 per month in the second quarter of 2024, and 14 per month in the first quarter of 2024. These figures suggest a steady output from Boeing’s production facilities. With a market capitalization of $155 billion and annual revenue of $69.4 billion, Boeing remains a dominant player in the aerospace industry.
Looking forward, Barclays has projected that Boeing will deliver 70 of the 787 Dreamliners in 2025 and increase to 100 deliveries in 2026. The continued production and delivery of the 787 Dreamliners are crucial for Boeing as the aerospace company works to meet its delivery targets and fulfill its backlog of orders.
The 787 Dreamliner has been a significant product for Boeing, and maintaining a steady delivery rate is key to the company’s financial health and its ability to satisfy customer demand. The Overweight rating by Barclays reflects confidence in Boeing’s performance and its potential for stock growth. InvestingPro analysis reveals 12 additional key insights about Boeing’s financial health and market position, available to subscribers along with comprehensive valuation metrics and peer comparison tools.
Boeing’s stock performance often correlates with its delivery rates, as these are a direct indicator of the company’s operational efficiency and market demand for its aircraft. With a beta of 1.4, the stock shows higher volatility than the broader market, making it particularly sensitive to delivery news. The 787 Dreamliner, in particular, is an essential component of Boeing’s commercial aircraft segment, and its continued production is a positive sign for the company’s future prospects. For detailed analysis of Boeing’s financial metrics and future outlook, access the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Boeing has tentatively reached a nonprosecution agreement with U.S. prosecutors related to a fraud case stemming from two fatal 737 MAX crashes. This agreement, which still requires judicial approval, could prevent a trial that was initially scheduled. Meanwhile, TD Cowen has raised its price target for Boeing’s stock to $230, citing confidence in the company’s production capabilities and potential regulatory approvals. Analyst Gautam Khanna highlighted Boeing’s expected production increase for the 737 model and the 787 aircraft, reflecting positive developments for the aerospace giant.
Additionally, Qatar Airways has placed a record-breaking order with Boeing for up to 210 widebody aircraft, marking the largest such order for the company. This significant purchase supports approximately 400,000 jobs in the United States and includes 130 Boeing 787 Dreamliners and 30 777-9s. The order is part of broader U.S.-Qatar commercial agreements totaling over $243.5 billion, which also encompass sectors like defense and infrastructure. These developments underscore Boeing’s ongoing efforts to recover from past challenges and expand its global footprint.
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