2026oct
BA Oct 2026 · Sell
We rate The Boeing Company (BA) a Sell with a composite fair value of $134.94 per share, representing an implied downside of 30.3% from the October 2, 2026 price of $193.56 (or a 43.4% market price premium). While equity markets price in an aggressive, uninterrupted operational recovery to rate 52 on the 737 MAX, ongoing Tier 2 and Tier 3 propulsion bottlenecks, deep FY2025 Commercial Airplanes operating deficits (-$7,079M), negative free cash flow (-$1,886M), and $48,362M in total debt leave valuation heavily skewed to the downside.Latest published research · analyzed 2026-10-03 · current · sources aging