BTG Pactual initiates coverage on The Boeing Company (NYSE:BA), a global aerospace company that designs, manufactures, and sells airplanes, rotorcraft, rockets, and satellites. The firm sets a Neutral rating with a $260.00 price target. With Boeing's stock price at $217.11, this target represents a potential upside of approximately 19.75%.
Boeing's recent operational results show the delivery of 171 commercial airplanes in the second quarter of 2026. The deliveries were led by 129 of its 737 models, followed by 25 of the 787, 10 of the 767, and 7 of the 777 models. This brings the company's year-to-date commercial deliveries to 314 airplanes.
In its Defense, Space & Security division, Boeing reported 35 deliveries for the quarter, including AH-64 Apache helicopters and KC-46 Tankers. As highlighted by Reuters, the company's overall performance led to its highest first-half deliveries since 2018. This operational momentum provides context for the new analyst rating and price target.
Further supporting the company's outlook, Boeing may secure a larger order from Riyadh Air. The Saudi carrier is reportedly considering an additional purchase of 25 to 30 787 Dreamliners. This potential deal would convert options from a 2023 agreement into firm orders, strengthening Boeing's future order book.
The stock is currently trading at $217.11, with a market capitalization of approximately $171.15 billion. The day's trading volume is 3.86 million shares. The stock's 52-week high is $254.35 and its 52-week low is $176.77, showing its price movement over the past year.
