Boeing (BA) has been in the spotlight recently due to ongoing negotiations with its employees regarding a new contract. After multiple offers and rejections, Boeing CEO Kelly Ortberg has emphasized that the current offer on the table is the company’s best and final offer. This offer includes a 38% wage increase over the next four years, slightly below the union’s desired 40%.
Despite some concerns about the lack of a Boeing pension in the offer, the union is urging strikers to consider accepting the deal, stating that they have reached the limit of what they can negotiate for. With Boeing recently raising $20 billion through a stock sale, there is some skepticism among workers about whether this truly is the final offer.
From a financial perspective, analysts on Wall Street have a Moderate Buy consensus rating on BA stock, with an average price target of $193.62 per share, suggesting a 24.19% upside potential. This comes after a 19.16% loss in Boeing’s share price over the past year.
Overall, while there may be some uncertainty surrounding Boeing’s latest offer to its employees, the stock still holds promise for investors based on analyst ratings and price targets. The decision to accept or reject the offer will ultimately impact the company’s future performance and potentially influence its stock value in the market.
