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Report: Barclays Predicts Boeing Stock Recovery After Turbulent Year

Analysts at the financial institution have upgraded corporation's shares from ‘equal weight’ to ‘overweight’ status.

Boeing 777X
A Boeing 777X at the Dubai Airshow [Credit: AirlineGeeks/William Derrickson]
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Key Takeaways:

  • Barclays analysts predict a recovery for Boeing's stock this year, upgrading its status and raising the price target, with potential for significant gains.
  • This optimistic outlook is conditional on Boeing's ability to accelerate the production and delivery of its 737 Max and 787 jets.
  • The forecast follows a turbulent 2024 for Boeing, characterized by a labor strike, heightened safety scrutiny, and a substantial drop in aircraft deliveries.
  • Boeing has announced plans to boost 737 and 787 production in 2025 to address past delivery shortfalls.
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Analysts at London-based multinational bank Barclays are speculating that Boeing’s stocks could be on the uptick to recovery this year.

According to a Barron’s report, analysts led by Barclays managing director David Strauss recently upgraded Boeing shares from “equal weight” to “overweight” status and lifted its price target from $190 to $210. The analysts wrote that in a best-case scenario, Boeing’s stock could skyrocket anywhere between $270 to $290 per share if the company can speed up production and delivery for its 737 Max and 787 jets.

Caleb Revill

Caleb Revill is a journalist, writer and lifelong learner working as a Junior Writer for Firecrown. When he isn't tackling breaking news, Caleb is on the lookout for fascinating feature stories.

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