Boeing(BA) Finbold·2024-12-30 12:02Core Viewpoint - Boeing's stock has experienced volatility due to a series of accidents and technical issues, but there are indications of long-term strength following a recent agreement with employees to improve quality control and employee benefits [1][8][10]. Group 1: Stock Performance - Boeing shares rallied 15.45% over the last 30 days, reaching a closing price of 173.35 [9]. - The downturn is likely linked to three accidents that occurred over the weekend between Christmas and New Year [10]. Group 2: Recent Incidents - A Boeing 737-800 operated by KLM made an emergency landing in Norway on December 29, and a Jeju Air Boeing 737-800 crashed, resulting in the deaths of most of its 181 occupants [5][7]. - An Air Canada De Havilland Canada Dash 8-400 also experienced landing issues due to faulty landing gear [7]. - The recent accidents have raised investor anxiety, particularly given the historical context of crashes dating back to the Ethiopian and Indonesian incidents in 2018 and 2019 [3][6]. Group 3: Long-term Outlook - Despite the recent stock drop, analysts suggest that the decline may be temporary, as none of the accidents involved the MAX series of aircraft [6]. - The agreement with the workers' union is expected to enhance Boeing's long-term performance by improving quality control in manufacturing and providing better pay and benefits [8]. - Wolfe Research analyst Myles Walton maintained an 'outperform' rating for Boeing stock with a price target of $195, indicating confidence in the company's recovery [15].