Boeing has secured its largest-ever aircraft order, with Qatar Airways committing to purchase up to 210 widebody jets, including 130 787 Dreamliners and 30 777X aircraft, valued at approximately $96 billion. This monumental deal, announced during President Trump’s visit to the Middle East, is expected to support around 154,000 U.S. jobs annually.
In response to this significant order, Wolfe Research has raised its price target for Boeing’s stock from $195 to $230, maintaining an “Outperform” rating. The firm highlighted the positive impact of the deal on Boeing’s production and cash flow recovery, estimating an addition of $600 million to $1 billion to Boeing’s second-quarter results and increasing their 2025 free cash flow estimate by $1 billion.
Similarly, TD Cowen has also increased its price target for Boeing to $230, citing confidence in the company’s production capabilities and anticipated regulatory approvals. Analyst Gautam Khanna noted that Boeing’s production ramp-up for its 737 model to 38 planes per month is becoming more likely in Q3, with FAA approval to exceed this rate expected by year-end.
These developments have positively influenced Boeing’s stock performance, which has risen approximately 12% in May, reflecting growing investor confidence in the company’s recovery and future prospects.
