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Investing.com - Boeing (NYSE:BA), the $162.5 billion aerospace giant whose stock has surged nearly 38% over the past six months, delivered 55 aircraft in October, including 40 MAX and 7 Dreamliner 787s, according to UBS analyst reports released Wednesday.
UBS maintained its Buy rating on Boeing stock with a price target of $280.00, noting that approximately 8 of the MAX deliveries and 2 of the 787s came from existing inventory. The October figures represent a significant increase from September 2024, when Boeing delivered 27 MAX and 4 787 aircraft. According to InvestingPro data, analysts maintain a strong buy consensus on the stock, with price targets ranging from $150 to $287.
The aircraft manufacturer recorded 96 gross orders in October, comprising 32 MAX aircraft (30 to Norwegian Air and 2 to unidentified customers) and 64 787 Dreamliners (50 to Turkish Airlines and 14 to Uzbekistan Airways).
Boeing’s year-to-date gross orders now stand at 821, compared to 315 during the same period last year, demonstrating substantial growth in the company’s order book.
The aerospace giant reported 8 deliveries to China in October, along with 32 other international deliveries, showing continued progress in global markets.
In other recent news, Boeing reported the delivery of 160 commercial aircraft in the third quarter of 2025, with the 737 model comprising the majority of shipments. The company has achieved a total of 440 commercial deliveries for the year through September. Additionally, Boeing secured contracts worth approximately $2.7 billion for the production of Patriot Advanced Capability-3 seekers, with plans to deliver more than 3,000 units by 2030. In a strategic move, Boeing has partnered with Leonardo to pursue the U.S. Army’s Flight School Next contract, leveraging both companies’ expertise in military training solutions. Boeing also completed the aerospace industry’s first parts shipment using a digital airworthiness certificate, enhancing supply chain security. In other developments, Turkish Airlines may reconsider its order for Boeing 737 MAX jets, potentially switching to Airbus if negotiations with engine supplier CFM do not yield favorable terms. These recent developments highlight Boeing’s ongoing efforts in commercial aviation, defense contracts, and innovative solutions in the aerospace industry.
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