The ongoing strike at aerospace stock Boeing’s (BA) St. Louis plant is doing a lot of damage to the workers, who have gone without pay and health insurance for quite some time now. But the fallout is also starting to hit Boeing itself, and that may prompt a change in its negotiating stance. Investors, meanwhile, are on the fence. Shares are just barely up in Friday afternoon’s trading.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The United States Air Force’s F-15EX fighter jet has been officially delayed, according to word from one general. Boeing, meanwhile, took it in stride, declaring that the strike’s impact was “immaterial,” and announced plans to hire permanent replacement workers. But the new reports say that that move did not sit well with Boeing’s clients, as even the military turned on Boeing with that announcement.
Reports noted that 17 members of the House Armed Services Committee called on Boeing to not only give up on the replacement workers plan, but also “…return to the bargaining table in good faith.” The committee members also told Boeing that the dispute is “…vital to U.S. national security.”
Free Drone With Purchase!
Meanwhile, Boeing is trying to set up some further sales of the F-15EX jet, going after Poland as a potential buyer. While Boeing is trying to make sales in the conventional style, calling out the F-15EX’s payload capacity, overall speed, and functional range, it is sweetening the pot with a free gift: a Ghost Bat drone with purchase.
Boeing is looking to do more than sell fighters, reports note. Boeing is also looking to set up an “industrial cooperation” package for Poland’s defense sector, as well as clear the way for other Boeing products like the KC-46 tanker aircraft. Boeing has found fertile ground in Poland before, having made a deal for 96 AH-64E Apache attack helicopters back in 2024. So getting Poland’s interest on some further new hardware could be a worthwhile endeavor.
Is Boeing a Good Stock to Buy Right Now?
Turning to Wall Street, analysts have a Strong Buy consensus rating on BA stock based on 12 Buys and two Holds assigned in the past three months, as indicated by the graphic below. After a 29.43% rally in its share price over the past year, the average BA price target of $257.25 per share implies 28.18% upside potential.
