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Investing.com - Barclays (LON:BARC) has raised its price target on Boeing (NYSE:BA) to $255.00 from $210.00 while maintaining an Overweight rating on the stock. The aerospace giant, currently trading at $226.24 with a market capitalization of $170.49 billion, appears overvalued according to InvestingPro analysis.
The price target increase comes despite what Barclays described as a surprising market reaction to Boeing’s second-quarter financial results, which the firm did not believe warranted the stock’s move. The company has shown strong momentum with a 30% price return over the past six months, though it remains unprofitable over the last twelve months.
Barclays noted that Boeing’s second-quarter free cash flow beat was "clean" without unusual working capital assistance, apart from high 777 deliveries, which was information known prior to the results announcement.
The firm pointed out that Boeing’s free cash flow was actually negatively impacted by an unexpected $1.7 billion decline in advances, reflecting the drawdown of excess customer advances paid during prior delivery delays.
Despite these factors, Barclays maintained its positive outlook on Boeing stock, as reflected in both its Overweight rating and the significant 21.4% increase in its price target.
In other recent news, Boeing Co . reported its second-quarter 2025 earnings, revealing a substantial revenue increase to $22.7 billion, which exceeded analyst expectations of $21.45 billion. The company also reported a core loss per share of $1.24, which was an improvement over the anticipated loss of $1.40. In addition to its earnings report, Boeing has secured a $37.9 million contract to provide Simulator Integration Kits and other items for P-8A Canada Training Systems. This contract involves various logistical and support activities, including planning, scheduling, and inventory management. The earnings results and new contract reflect Boeing’s ongoing business activities and financial performance. These developments are part of the company’s recent efforts to strengthen its market position. Analyst firms have not provided any recent upgrades or downgrades for Boeing.
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