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Boeing stock seen as a buy at $220 amid operational recovery and China reopening potential.

Market News
18 May 2026
24/7 Wall Street
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Bullish
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Boeing shares are considered a buy around $220 due to its operational turnaround, record backlog, and renewed opportunities in China. The company faces challenges like delayed 777X deliveries and negative margins but benefits from rising airplane deliveries and a strong defense segment. The reopening of China to Boeing orders could significantly boost mid-decade delivery economics. Investors should watch for 737-10 certification, Q2 free cash flow, and formal China deal confirmations as key milestones.

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