In a report released yesterday, Noah Poponak from Goldman Sachs maintained a Buy rating on Boeing (BA – Research Report), with a price target of $213.00.
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Noah Poponak has given his Buy rating due to a combination of factors that indicate Boeing’s positive trajectory. The company has reported that its free cash flow for the first quarter of 2025 is performing better than previously forecasted, which is a strong indicator of financial health and operational efficiency.
Boeing is also on track to increase its aircraft production rates as planned, demonstrating progress in productivity and resilience in managing supply chain challenges, particularly in the aerospace fasteners sector. Despite a recent fire at a key supplier’s facility, Boeing has sufficient inventory to maintain its production targets, and the company remains optimistic about overcoming these supply chain constraints. These developments collectively support a favorable outlook for Boeing’s stock.
In another report released yesterday, Barclays also maintained a Buy rating on the stock with a $210.00 price target.
Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BA in relation to earlier this year.