Boeing: A Contrarian Bet With Big Upside Potential

  • Boeing is a contrarian buy, undervalued due to short-term issues overshadowing recovery signs, with a target price of $245, implying 26% upside. Revenue surged 17.7% YoY in Q1 2025, driven by a 75% increase in Commercial Airplanes; Global Services remains a consistent profit engine. Market overly focuses on operational issues; Spirit AeroSystems acquisition will streamline production, reduce costs, and improve financial flexibility.