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Research Alert: CFRA Maintains Buy Opinion On Shares Of The Boeing Company
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Research Alert: CFRA Maintains Buy Opinion On Shares Of The Boeing Company
Mar 11, 2026 2:01 AM

11:55 AM EST, 01/28/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We increase our 12-month target by $21 to $278, using our assumed P/E multiple of 38.0x our 2027 EPS, in line with aerospace peers' average forward P/E of 37.8x. We cut our 2026 EPS estimate by $0.77 to $2.80 and raise our 2027 EPS forecast by $0.38 to $7.32. We view Boeing's ( BA ) turnaround as gaining traction. Management guided to 2026 FCF of $1B-$3B, with an adjusted run-rate of high-single digits excluding legacy headwinds. Commercial Airplanes delivered 600 aircraft in 2025 (highest since 2018) with 1,173 net orders, driving backlog to a record $567B. The 737 program stabilized at 42/month with plans to reach 47 later in 2026. The 787 is progressing well at a rate of 8/month with plans to reach 10/month. Defense backlog hit $85B despite a $565M KC-46 charge, while Global Services maintained strong 18.6% adjusted margins. The Spirit AeroSystems acquisition strengthens supply chain control and quality oversight. We forecast ~500 737 and 95 787 deliveries in 2026, supporting sequential cash flow improvement.

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