Core Viewpoint - Analysts are becoming slightly less optimistic about Airbus's future, reflected in recent price target cuts despite maintaining buy recommendations [1][3]. Group 1: Analyst Actions - Christophe Menard of Deutsche Bank reduced his fair value assessment for Airbus to 222 euros ($259) per share from 228 euros ($266) [2]. - Ian Douglas-Pennant of UBS cut his price target to 230 euros ($268) from 240 euros ($280) [2]. - Both analysts continue to hold buy recommendations on the stock despite the lowered expectations [3]. Group 2: Company Performance - Airbus has cut its full-year 2025 delivery estimate by 4% to approximately 790 jets, primarily due to manufacturing issues with the A320 airliner [4]. - The current share price of Airbus is $57.40, with a market capitalization of $184 billion [5]. - The stock experienced a nearly 2% decline, attributed to the recent analyst price target cuts [1]. Group 3: Market Sentiment - The reduction in delivery estimates is not seen as alarming, as there remains clear demand for the A320, and manufacturing difficulties are common in the aerospace industry [6][7]. - Analysts believe that Airbus will resolve its manufacturing issues, indicating a stable outlook for the stock [7].
Why Airbus Stock Stalled on Thursday