There are many things that I typically believe I will never be able to type in one of these articles. And aerospace stock Boeing (BA) hitting a 52-week high was definitely on the list. Or rather was, until today, when Boeing briefly crossed the 52-week high point. However, investors may have thought twice in the meantime, and sent shares down fractionally in Thursday afternoon’s trading.
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Boeing has suffered its share of slings and arrows over the last year or so. There was a mid-flight disaster for its 737 Max jet that is still weighing the company down with a production cap from the Federal Aviation Administration. There was a labor strike. And then, most recently, the 787 Dreamliner had its first fatal crash in its 14 years of service so far. But all of this together was not enough to dampen investors’ spirits over the last several months, and Boeing managed to hit that 52-week high milestone, hitting $230.20 per share, though only briefly.
This in turn is prompting investors—or rather potential investors—to wonder if now is a good time to get in on the Boeing comeback. And indeed, it has been a comeback, as Boeing revamps its entire culture, as well as its production methods, to ultimately produce a better Boeing. While results have been mixed, and Boeing has not been without issues, it seems clear that investors are looking for Boeing to improve. Especially some investors who want a surprising way to invest in space technology.
Analysts Getting In Too
Analysts have seen much the same signs of new life that regular investors have, and are responding accordingly. Susquehanna analysts recently hiked their price target on Boeing shares from $240 to $252, and kept their positive rating in place. Susquehanna found the improvements in commercial aircraft production welcome news, and noted that Boeing posted “…solid deliveries through the first half of 2025.”
Further, Deutsche Bank maintained its own Buy rating, and hiked the price target from $235 per share to $245. While it considered earnings season for the United States defense market to “…again be a mixed bag…,” it still modified its ratings following a second-quarter earnings preview, reports noted.
Is Boeing a Good Stock to Buy Right Now?
Turning to Wall Street, analysts have a Strong Buy consensus rating on BA stock based on 18 Buys, three Holds and one Sell assigned in the past three months, as indicated by the graphic below. After a 23.21% rally in its share price over the past year, the average BA price target of $227.48 per share implies 1.1% upside potential.
