What's Going On With Boeing Shares Today?

Boeing Co BA shares are trading lower Monday after Benchmark lowered its price target on the stock from $250 to $215.

What To Know: The firm still maintains a Buy rating, but the reduction reflects growing concern over Boeing's ongoing production issues and a challenging operating environment.

According to Benchmark's first-quarter 2025 preview, Boeing is facing multiple short-term disruptions, including persistent supply chain problems, regulatory uncertainties and tariff-related complexity. A fire at a major fastener supplier and issues with GE engines have only worsened delays, making it difficult for the company to meet delivery expectations.

The report emphasizes that Boeing is still producing below long-term demand levels, suggesting the real issue isn't demand but rather the company's inability to ramp up supply. Analysts highlighted that while the long-term fundamentals remain intact — especially the duopoly with Airbus — the path to recovery is taking longer than previously expected. Ongoing complications, such as FAA hurdles and internal production setbacks, continue to weigh on investor sentiment.

Despite the challenges, Benchmark remains positive on Boeing’s long-term free cash flow trajectory, though it now sees slower momentum in the near term. The firm lowered its price target accordingly to reflect the new timeline for improvement, cutting it by $35.

BA Price Action: Boeing shares were down 1.58% at $159.34 at the time of publication Monday, according to Benzinga Pro.

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