Boeing Stock Forecast: Trending Bullish With Analyst Upside

Boeing (BA) stock has risen 25.2% over the past year, gaining 10.5% in the last month but slipping 1.5% in the past week. Wall Street’s analysts are strongly bullish, forecasting a move to an average 12‑month price target of $274.57, which implies notable upside from the last closing price of $229.03.

Analyst Ronald Epstein of BofA Securities reiterated his Buy rating on BA on May 1, 2026, with a price target of $270, signaling confidence in further gains from current levels. He argues that Boeing is taking “baby steps in the right direction,” with core operations improving even though the turnaround remains incomplete and progress may not be linear.

Epstein highlights Boeing Global Services as the company’s most reliable earnings engine, steadily growing and providing a solid base. He also sees Boeing Defense & Space benefiting from long‑term munitions replenishment and supported programs like the F‑47, KC‑46, and F‑15EX in the U.S. FY2027 President’s Budget Request.

The biggest upside, in Epstein’s view, sits in Boeing Commercial Airplanes, where production is stabilizing and clearer paths to higher rates are emerging on the 737 MAX and 787 lines. While a wiring issue delayed about 25 MAX deliveries in the first quarter, he expects these aircraft to be delivered in the second quarter and forecasts 508 total MAX deliveries in 2026, slightly above Boeing’s own guidance.

Despite ongoing cash burn, Epstein notes that the situation is improving, with Boeing maintaining guidance to generate $1–3 billion of cash in 2026 and his own estimate at roughly $2.55 billion. This 5‑star analyst ranks 211 out of 12,160 on TipRanks, with a 61.5% success rate and 19.3% average return per rating, underscoring why investors are watching his bullish Boeing call closely. Never miss a stock rating. Find all the latest ratings on TipRanks’ Top Wall Street Analysts page.