Morgan Stanley reaffirmed its Overweight rating on Airbus SE. The investment bank increased its price target from €227 to €255, suggesting a potential 18.4% upside for the stock.
Analysts highlighted improving production ramp-ups and new medium-term guidance as key catalysts. Airbus also launched a share buyback program to return capital to shareholders. These factors indicate growing management confidence in the company’s execution.
The defense division secured a contract as prime contractor for the SpainSat NG-III secure communications satellite. Airbus also delivered the first NH90 Standard 2 tactical transport helicopter to the French government. These milestones strengthen the defense backlog and provide revenue visibility outside of the commercial aircraft cycle.