Wall Street Bets Boeing Stock Is Making a Comeback

Core Viewpoint - Boeing has transitioned into a longer-term bullish trend after breaking out of a tight trading range, supported by improved sentiment and recovering fundamentals [2][3] Financial Performance - Boeing reported a net loss of $1.24 per share, which was worse than the market's expectation of a 92 cents loss, yet the market remained unfazed by this earnings miss [5] - Analysts expect Boeing to report earnings of 53 cents per share by Q1 2026, indicating significant improvement from current losses [6] Valuation Metrics - Boeing's price-to-earnings-growth (PEG) ratio stands at 0.5x, suggesting that the stock has 50% more growth potential to be priced in compared to its current trading price [7] - The current stock price is $232.48, with a 12-month price forecast averaging $228.90, indicating a potential downside of 1.54% [9] Institutional Activity - Institutional buyers have shown optimism, with $2.8 billion worth of buying occurring in the most recent quarter, reflecting confidence in Boeing's future [8] Market Sentiment - Recent additional jet orders from major carriers have contributed to renewed optimism about Boeing's recovery and future growth potential [11] - Analysts from UBS Group and other institutions have upgraded Boeing's stock rating, with a target price of $280, suggesting a potential rally of 20% from current levels [10]