WEBULL

A Look at Boeing’s Valuation Following Major $4.7 Billion International Defense Contract Win

Simply Wall St · 3d ago

Boeing (BA) just landed a $4.7 billion contract from the U.S. Army to build 96 AH-64E Apache helicopters for Poland. This marks the largest Apache order outside the United States. This agreement signals ongoing expansion in Boeing’s international defense business.

See our latest analysis for Boeing.

Boeing’s latest $4.7 billion helicopter contract comes following a series of new aircraft deals in recent weeks, including fresh commitments from Gulf Air and flydubai. While the 1-year total shareholder return stands at 19.1% and the share price has slipped 21% over the past three months, this momentum suggests ongoing volatility as investors consider robust order flow alongside operational challenges.

If Boeing’s expanding contract book makes you curious about defense-sector opportunities, it’s worth discovering who else is making moves with See the full list for free.

With shares trading at a notable discount to analyst price targets despite strong order momentum, the question for investors is whether Boeing’s recent wins signal a real buying opportunity or if the market has already priced in future growth.

Most Popular Narrative: 23.9% Undervalued

Boeing’s current share price of $186.46 sits well below the narrative’s fair value estimate, highlighting a sizable gap that grabs attention. This difference puts the spotlight on the company’s potential and sets up a deeper dive into what is fueling the optimistic outlook.

Production stabilization and planned rate increases for key aircraft models (737 MAX, 787) position Boeing to benefit directly from robust global demand for air travel, driven by expanding middle-class populations and urbanization in emerging markets. These demand tailwinds should support outsized revenue growth and eventual operating margin expansion as fixed costs are spread over higher unit volumes.

Read the complete narrative.

What is the real driver behind this bullish stance? Hint: the full narrative leans on a big bet with expectations for significant growth in revenue and profit margins that stand out from recent headlines. Want to discover what ambitious assumptions set this price target apart? Unpack the financial rationale behind this call.

Result: Fair Value of $245 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, persistent production delays and elevated debt levels could limit Boeing’s path to sustainable earnings recovery, which may challenge the optimistic growth outlook.

Find out about the key risks to this Boeing narrative.

Build Your Own Boeing Narrative

If you see things differently or want to analyze the numbers your own way, you can quickly build your perspective and share it in just a few minutes. Do it your way

A good starting point is our analysis highlighting 4 key rewards investors are optimistic about regarding Boeing.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.