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On Friday, Barclays (LON:BARC) reiterated its Overweight rating on Boeing stock (NYSE:BA) with a maintained price target of $210.00, above the current trading price of $185.41. The firm’s analysis highlighted an increase in Boeing’s 787 Dreamlifter deliveries for the month of April. According to Barclays, Boeing delivered 17 of these aircraft, compared to 13 in March. According to InvestingPro data, Boeing’s stock appears overvalued at current levels, with analyst targets ranging from $140 to $230.
The research from Barclays provided a detailed account of delivery estimates from various locations. The firm’s analyst noted that there were nine deliveries from Japan, three from Wichita, and five from Italy in April. This marked a significant increase from the average monthly deliveries in previous quarters, with 12 per month in the first quarter of 2025, 10 per month in the fourth 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. InvestingPro analysis reveals that while Boeing remains a prominent player in the Aerospace & Defense industry, the company faces profitability challenges with negative gross profit margins in the last twelve months.
The consistent Overweight rating by Barclays indicates their positive outlook on Boeing’s stock performance. The $210.00 price target suggests that the firm believes the stock has potential for growth and is likely to perform well in the market. With a market capitalization of $140 billion and a moderate debt level, Boeing maintains its position as a key player in the aerospace sector. Discover more detailed insights and 12+ additional ProTips with InvestingPro.
Boeing’s ramp-up in 787 Dreamlifter deliveries in April could be seen as a positive indicator of the company’s operational capabilities and demand for its aircraft. This increase in deliveries may also reflect on the company’s recovery and progress in addressing production and supply chain issues that have affected the aerospace sector.
Investors and market watchers may consider the maintained Overweight rating and price target by Barclays as a sign of confidence in Boeing’s current strategy and future prospects. The delivery data provided by the firm serves as a tangible metric for Boeing’s recent performance.
In other recent news, Boeing has been the subject of various significant developments. Bernstein analysts, led by Douglas Harned, upgraded Boeing’s stock rating from Market Perform to Outperform, raising the price target to $218. This upgrade is attributed to Boeing’s recent progress in production, particularly with the 737 MAX and 787 models, and improved growth prospects. UBS analyst Gavin Parsons (NYSE:PSN) also increased Boeing’s price target to $207, maintaining a "Buy" rating, citing Boeing’s strengthening progress and effective management of supplier risks.
Additionally, Boeing is in talks with Air India for the sale of approximately 10 Boeing 737 MAX jets. These aircraft were originally declined by Chinese clients amid trade tensions with the United States. Boeing’s recent shareholder meeting saw the approval of executive compensation and the election of all director nominees, reflecting shareholder support for the company’s governance.
Meanwhile, the United States is preparing a substantial arms deal with Saudi Arabia, potentially involving Boeing along with other major defense contractors like Lockheed Martin (NYSE:LMT) and RTX Corp. The deal is valued at over $100 billion and aims to strengthen U.S.-Saudi defense relations. Boeing has not commented on its involvement in the arms package, which remains under discussion.
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