Airbus Shows Signs of Recovery After a Tough Year
Airbus Group SE ($DE:AIR) has reported delivering around 760 aircraft in 2024, which is short of its annual target of 770. According to reports, if the company had fallen far short of its target, it would have been required to officially announce the shortfall.
Airbus Group is a leading European aircraft manufacturer, catering to the commercial, defense, and space sectors. The company has faced challenges in boosting production due to supply chain issues. Despite strong demand for its aircraft driven by the ongoing recovery in air travel, Airbus is struggling to meet this demand. Labor and parts shortages are affecting its production of passenger jets.
Surging Deliveries Signal Recovery
However, a surge in deliveries in December signals a recovery. In December 2024, Airbus delivered about 120 aircraft, up from 84 in November. This indicates that the company is improving its production capabilities and can meet demand for its aircraft.
Analysts Remain Bullish on Airbus Stock
Analysts from Jefferies and Morgan Stanley have confirmed their Buy ratings on Airbus stock. Ross Law of Morgan Stanley believes that delivering 760 aircraft in 2024 not only lowers the delivery risk but also lays a strong foundation for the future, with expectations for higher deliveries in 2025.
Is Airbus Stock a Good Buy?
Based on market trends and analyst recommendations, MarketRadar recommends considering Airbus stock as a potential investment opportunity. With a Moderate Buy rating from TipRanks, which includes 10 Buy, two Hold, and one Sell recommendations, the share price target is €160.82, similar to the current share price.
Conclusion
Airbus Group SE has delivered 760 aircraft in 2024, falling short of its target but showing signs of recovery. Analysts remain bullish on the stock, expecting higher deliveries in the future. MarketRadar recommends considering Airbus stock as a potential investment opportunity, given its Moderate Buy rating and share price target.
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