William Blair analyst Louie DiPalma has reiterated their bullish stance on BA stock, giving a Buy rating today.
Louie DiPalma has given his Buy rating due to a combination of factors that highlight Boeing’s strong position and future potential. The company has reported robust first-quarter results, with shares rising by 5% amid positive developments, including the anticipation of reduced tariffs on China. Boeing’s production rates for the 737 MAX and 787 aircraft are set to increase, with the 737 MAX expected to reach 38 aircraft per month and the 787 potentially increasing to seven per month, reflecting management’s confidence in maintaining production quality.
Additionally, Boeing’s recent win of the F-47 Next Generation Air Dominance contract from the Air Force marks a significant long-term opportunity for the company. The planned divestiture of portions of its Digital Aviation Solutions business for $10.55 billion is part of Boeing’s strategy to focus on core operations and strengthen its balance sheet. Despite the challenges posed by tariffs, particularly in China, Boeing’s multiyear backlog and strategic initiatives support the positive outlook, leading to the reaffirmation of an Outperform rating.
In another report released today, RBC Capital also maintained a Buy rating on the stock with a $200.00 price target.
Based on the recent corporate insider activity of 33 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.