UBS reiterates Boeing stock buy rating on 787 production data By Investing.com

UBS reiterated a Buy rating on Boeing Co. (NYSE:BA) for its 787 program, setting a $285.00 price target based on production indicators. The target implies 28% upside from a referenced stock price of $218.85, though InvestingPro data cited in the report suggests the shares may be overvalued versus fair value. Using Dreamlifter flight tracking, UBS Evidence Lab reported a 59% year-over-year increase in June, with the flights translating to a 9.3-per-month implied 787 production rate versus 7.7 in May. UBS said the leading indicator points to accelerated deliveries in the second half of 2026. The note also referenced Boeing’s recent financial context, including $92.18 billion in revenue over the last twelve months and a 4.83% gross profit margin, plus slower seating certification. It contrasted Dreamlifter data with first-flight timing and discussed ongoing operational challenges.