The Boeing Company (NYSE:BA) is among the 10 best American defense stocks to buy according to Wall Street analysts.
On February 2, Jefferies raised its price target on the stock to $295 from $290, while reiterating a Buy rating. The firm said it had revised the company’s model following the announcement of fourth-quarter fiscal 2025 results on January 27.
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The planemaker’s quarterly revenue grew 57% year over year to $23.95 billion, exceeding estimates of $22.6 billion. Diluted earnings per share stood at $10.23, compared to a loss of $5.46 per share in the prior year.
The return to profitability was primarily driven by the completion of Jeppesen’s $10.6 billion sale during the quarter, coupled with strong aircraft production and deliveries. Another highlight of the quarter that has buoyed investors is the company’s generation of positive free cash flow.
Without the Jeppesen sale, The Boeing Company (NYSE:BA)’s loss per share would have far exceeded the 39 cents loss forecasted by analysts, since the aircraft maker reported heavy losses in two major divisions, of $632 million in Commercial Airplanes and $507 million in Defense, Space & Security, which reflect the complications still facing the business.
In other news, on January 29, the company was awarded a contract to build an additional four MH-139A helicopters for the U.S. Air Force. This builds on a $173 million win in September for 8 aircraft, lifting the total value of the award to over $262 million.
The Boeing Company (NYSE:BA) is a leading aerospace company that manufactures commercial airplanes, space systems, and defense equipment for customers in more than 150 countries.
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