Boeing Backlog Surges to 6,100 Jets, Analysts See 30% Upside
BA•Boeing's backlog tops 6,100 jets, supporting demand for 43,600 aircraft through 2044 and forecasts of $4.11 EPS in 2027 and $7.83 in 2028. Trading around 50 times forward earnings with a consensus target implying 30% upside, the stock’s flat performance since 2020 and market headwinds heighten volatility.
1. Record Backlog
Boeing’s order backlog has climbed above 6,100 aircraft, reflecting strong commercial demand and long-term contracts. This backlog supports projections for 43,600 new jets through 2044, driven by airline fleet renewals and emerging market growth.
2. Analyst Earnings Forecasts
Equity analysts project Boeing earnings per share of $4.11 in 2027 and $7.83 in 2028, underpinned by ramped-up production and delivery momentum. The stock currently trades at approximately 50 times forward earnings, with a consensus price target implying roughly 30% upside.
3. Risks and Market Headwinds
Since 2020, Boeing shares have stagnated due to major accidents, pandemic-related disruptions and supply-chain pressures. Ongoing geopolitical tensions, regulatory scrutiny and potential production delays could intensify share price volatility.
