02:05 PM EDT, 05/15/2025 (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 price by $69 to $236, which values Boeing ( BA ) at a P/E of 25.3x our 2027 EPS estimate, in line with aerospace and defense peers. We narrow our loss per share estimate in 2025 by $0.01 to -$1.52, raise our 2026 EPS estimate by $0.32 to $4.42, and our 2027 EPS forecast by $0.99 to $9.32. We are gaining confidence in the ramp-up in deliveries at Boeing ( BA ). In April, BA delivered 45 commercial aircraft, nearly double the figure from the same month last year, with a notable sequential increase from the 41 planes delivered in March 2025. Included in the April figures are 29 737 Max jets delivered, eight 787 Dreamliners, four 777 freighters, and three 767s. The FAA cap of 38 737 Max planes per month remains in place and we are gaining confidence in management's ability to hit that figure in the back half of 2025. Order flow has been strong in May, including an agreement with Qatar Airways for 130 787 Dreamliners and 30 777X airplaines, with options for an additional 50 787 and 777X airplanes.