BA: Boeing’s Outlook Impresses Analysts — But 737 MAX Legal Fallout Still Weighs
Court: SEC
Case: 3-21140
Boeing BA has received renewed analyst support this week, with Bank of America reiterating a Buy rating and a $260 price target. Strong production stability and delivery growth — especially from its 737 and 787 programs — are fueling bullish sentiment. However, Boeing continues to deal with the shadow of its 737 MAX crisis, having settled $200 million in claims for misleading investors about safety issues.
📦 Production and Delivery Momentum Boosts Bullish Outlook
- 737 MAX: Expected to deliver 30+ aircraft in July, signaling operational resilience despite seasonal dips.
- 787 Dreamliner: Continued strong output aligns with Boeing’s strategic transition goals.
- China Market: Resumption of deliveries in China strengthens Boeing’s global posture.
- Analyst Ratings:Bank of America: Buy — Price Target: $260Barclays: Buy — Price Target: $210
- Market Confidence: Analysts cite predictable ramp-ups and stable production lines as major strengths.
🧾 But 737 MAX Safety Misstatements Still Linger
Boeing settled a $200M lawsuit with investors who claimed the company and its former CEO misled the public about the safety of the 737 MAX prior to and after two deadly crashes.
📆 Timeline Overview
- Oct 29, 2018 – First crash: Lion Air Flight 610
- Mar 10, 2019 – Second crash: Ethiopian Airlines Flight 302
- Mar 11, 2019 – FAA grounds all 737 MAX aircraft
- Apr 2019 – Investors sue over concealed MCAS defects
- Sep 22, 2022 – Boeing settles SEC charges for $200M
💼 Allegations Include
- Issuing false public safety assurances after the first crash
- Failing to disclose MCAS vulnerabilities known internally
- Misleading investors about risk exposure tied to the aircraft
💰 Investor Update
- Boeing paid $200M to resolve claims of misleading investors
- The settlement covered both corporate and individual-level misconduct
- Investors who held
BA during the crisis period may be eligible for recovery
👉 You can check more information about it and file for a payout HERE.
While Boeing’s production is finally cruising at a steady altitude, the long descent from the 737 MAX crisis continues to challenge its public trust and legal liabilities.