TradingKey - Over the past year since 2024, aerospace giant Boeing (BA.US) has faced a series of existential challenges, including safety incidents, labor strikes, layoffs, a plunging stock price, executive leadership changes, and pressure from tariffs. However, in the last month alone, Boeing’s stock has surged nearly 50%, signaling that the company may finally be emerging from its crisis.
On Wednesday, May 14, Boeing’s share price continued its upward trend, closing at $204.72. The stock has fully recovered from the sharp sell-off triggered in early April following U.S. President Donald Trump’s announcement of reciprocal tariffs. In just under 30 trading days, Boeing’s shares have risen by 49.88%.
Following a major economic cooperation agreement with Saudi Arabia, Trump’s Middle East tour brought another piece of good news — the U.S. and Qatar pledged a staggering $1.2 trillion in economic exchanges. In both of these landmark deals, Boeing played a prominent role.
On Wednesday, the White House announced that Qatar Airways had signed a procurement plan worth up to $96 billion with Boeing — the largest aircraft order in the company's history.
Bloomberg analysts noted that boeing lost over $50 billion in bond performance last year due to prolonged labor strikes and the door plug safety incident. Now, however, the company is beginning to regain operational momentum.
On May 15, investment firm TD Cowen raised its price target for Boeing stock to $230, citing multiple indicators suggesting the company is back on a positive trajectory. These include expectations for increased production of the 737 and 787 aircraft models, as well as a significant release of previously held-up orders following the easing of U.S.-China trade tensions.