Bernstein on Boeing (BA): 'Reinforcing Our Positive Outlook'

Bernstein SocGen Group analyst Douglas Harned reiterated an Outperform rating and $267.00 price target on Boeing (NYSE: BA).

The analyst commented: "Reinforcing our positive outlook; Boeing shares rose more than 10% yesterday, this comes after the stock fell by 20% from before its Q3 earnings report, to a low point of $178 last week. We had seen the decline as a large overreaction to the impact of a 777X delay (charge and 2026 cash shortfall) and higher short-term Capex. This situation is described in our November 24th Research Call, “Boeing: What happened? Production ramp and FCF profile - Which time horizon are you on? Outperform, TP $267”. The 777X delay and higher Capex led us and others to materially lower cash expectations for 2026, the long-term story stayed intact."

For an analyst ratings summary and ratings history on Boeing click here. For more ratings news on Boeing click here.

Shares of Boeing closed at $205.38 yesterday.

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