Pro Research: Wall Street peeks into Boeing's horizon
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Boeing (NYSE:BA) Co., a prominent player in the aerospace and defense sector, continues to navigate through a mix of challenges and opportunities. As the manufacturer of commercial jetliners and defense systems, the company is increasing its production and delivery efforts, while grappling with financial pressures. Wall Street analysts maintain an «Equal Weight» consensus rating, reflecting a balance of cautious optimism and concerns about Boeing's near-term prospects.
Despite the volatility of Boeing's stock, recent operational updates show a recovering trend, with the company achieving 26 MAX deliveries in December. This includes 23 fresh deliveries and three from storage, signaling a ramp-up in production. The Dreamliner program, on the other hand, continues to face production challenges, impacting deliveries and contributing to stock fluctuations. Boeing's market capitalization has seen a slight decrease to approximately USD 157.45 billion.
Boeing's financial outlook remains a focal point for investors, with EPS estimates for FY1 indicating a loss of -5.96, while FY2 forecasts an EPS of 4.49, pointing to a potential return to profitability. FCF projections are expected to show significant
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