Boeing Named Top Aerospace Pick for 2026 by Bernstein, Price Target Raised to $298

Bernstein SocGen Group named Boeing its top Aerospace & Defense stock for 2026. The firm raised its price target from $277 to $298, suggesting a potential 23% upside.

Analysts cited growing confidence in Boeing’s recovery, noting progress in production rates. The 737 aircraft currently produces 42 units per month, while the 787 stands at 8 per month.

Analysts project that market demand for both Boeing and Airbus will exceed supply throughout the decade.

The firm anticipates a sharp improvement in free cash flow (FCF) in the coming years. They forecast FCF will exceed $11 billion in 2028, driven by increased production and the unwinding of inventories.