Boeing (BA) stock has risen 1.8% over the past week, 6.2% in the last month, and an impressive 43.1% over the past year. Wall Street’s analysts are strongly bullish, forecasting further gains ahead with a 12‑month average price target of $274.92 versus the last close at $223.93.
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This consensus target points to meaningful upside, and the analyst view is classified as StrongBuy, signaling broad confidence in Boeing’s recovery story. For investors, this suggests that despite recent strength, experts still see room for the stock to climb over the coming year.
Analyst Charles Minervino of Susquehanna International Group recently reiterated his Buy rating on Boeing and maintained a price target of $285.00. That target sits above the current Street average and implies notable upside from recent trading levels, reinforcing the positive tone around the name.
Minervino highlighted Boeing’s March delivery and order data as a key support for his view. The company delivered 46 aircraft in March, including 34 of the 737 and seven of the 787, and booked 33 gross orders, a clear step up from 21 in February, with 25 737s and eight 787s in that mix.
The analyst also pointed out that the 737 MAX wiring issue disclosed during the quarter created only temporary uncertainty. In his view, Boeing has identified and addressed the problem, and any delivery timing challenges are now largely behind the company. Never miss a stock rating. Find all the latest ratings on TipRanks’ Top Wall Street Analysts page.