BA: Boeing Keeps Analyst Buy Rating — But 737 MAX Settlement Still Casts a Shadow
Court: SEC
Case: 3-21140
Boeing 
BA continues to ride solid delivery trends, earning a reiterated Buy rating from BofA Securities and optimism over a $15 billion deal with Indonesia. The stock is nearing its 52-week high, but investors haven’t forgotten the lasting legal implications of the 737 MAX crisis, which cost Boeing $200 million in penalties and settlements.
📦 Deliveries on Track, Major Orders Fuel Confidence
- BofA Securities reaffirmed its Buy rating with a $260 price target
- 737 Deliveries: At least 30 aircraft expected in July; 10 already delivered by mid-month
- China Market: Three planes delivered so far in July; potential for six by month-end
- Strategic Deals:$15B Indonesia deal for 50 jets (mostly 777s), bundled with energy and agricultural agreements$34M defense contract to upgrade Japan’s E-767 radar aircraftAir India cleared Boeing 787 fuel systems after a regulatory review
🧾 But Legal Turbulence from 737 MAX Still Weighs
Despite the operational rebound, Boeing is still dealing with legal consequences of the 737 MAX crashes that occurred in 2018 and 2019. The company misled investors about known MCAS software issues, which later resulted in two fatal crashes.
📆 Timeline Overview
- Oct 29, 2018 – Lion Air Flight 610 crashes
- Mar 10, 2019 – Ethiopian Airlines Flight 302 crashes
- Mar 11, 2019 – FAA grounds 737 MAX aircraft
- Apr 2019 – Investor lawsuits filed
- Sep 22, 2022 – Boeing pays $200M to settle SEC charges
💼 Allegations Include
- Downplaying the risks of the MCAS flight control system
- Falsely assuring public and investors after the first crash
- Withholding safety information from regulators and stakeholders
💰 Investor Update
- Boeing paid $200M to settle claims
- The settlement addressed misleading statements from 2018–2019
- Eligible shareholders may still recover losses from this period
👉 You can check more information about it and file for a payout HERE.
Boeing may be flying high on new orders and steady deliveries — but the damage from past transparency failures continues to linger in the rearview mirror.