Boeing Price Target (NYSE:BA) Raised As Stock Hits 52Wk High

Boeing's stock (NYSE: BA) is riding a wave of positive momentum, hitting a new 52 week high at $220, fuelled by a strong second quarter of 2025 and encouraging signs of recovery in its commercial aircraft production.

This positive trajectory has prompted Susquehanna to raise its price target for the aerospace giant to $252 from $240, reiterating a “Positive” rating on the stock.

This bullish outlook comes on the heels of Boeing's June delivery figures, which saw 60 aircraft leave the factory, bringing the total for Q2 2025 to a solid 150 planes.

Susquehanna's revised price target underscores the growing confidence in Boeing's ability to overcome past production challenges and capitalize on the burgeoning demand for commercial aircraft. The firm specifically cited its encouragement with Boeing's progress on the commercial production re-ramp, noting the company's consistent and robust deliveries throughout the first half of the year.

This is a critical factor, as Boeing's struggles with production bottlenecks and quality control issues have weighed heavily on its financial performance and stock price in recent years.

The June delivery numbers offer a compelling narrative of recovery. The 60 aircraft delivered represent a 27% increase year-over-year, a significant indicator of Boeing's ability to address and resolve its production hurdles. Notably, eight of these deliveries were to Chinese customers, marking the resumption of shipments to China following the lifting of a ban in May. This resumption of deliveries to the crucial Chinese market is a major win for Boeing, opening up significant revenue opportunities and easing concerns about geopolitical headwinds. The deliveries included 42 Boeing 737 MAX aircraft, nine 787s, four 777 freighters, and five 767s.

Analysts across the board are taking notice of Boeing's improving performance. Citigroup has reaffirmed its “Buy” rating on the stock, whilst UBS Group also increased its target from $207 to $226, maintaining a “Buy” rating. Cowen has reiterated a “Buy” rating as well. These positive revisions reflect a growing consensus that Boeing is on the right track and poised for further gains.

However, it's important to maintain a balanced perspective. While the recent delivery numbers and analyst upgrades are encouraging, Boeing still faces significant challenges. The company's upcoming second-quarter earnings report at the end of the month will be closely scrutinized for further evidence of financial recovery.

In the first quarter of 2025, Boeing reported a concerning $2.3 billion cash burn, a figure the company aims to reverse in the second half of the year. Boeing's ability to achieve this goal is intrinsically linked to its production performance and ability to meet delivery targets.

Looking ahead, Boeing's production plans are ambitious. CEO Kelly Ortberg has expressed confidence in increasing 737 MAX production to 42 jets per month, with a target of reaching 47 by the end of 2025. However, these plans are contingent on regulatory approvals and the company's ability to maintain production stability.

Despite these challenges, the overall outlook for Boeing appears increasingly positive. The company's improving production numbers, the resumption of deliveries to key markets like China, and the growing confidence among analysts all point to a potential turnaround.