Boeing Stock Falls 8% After Air India 787 Crash

Boeing's stock experienced a significant decline following the crash of an Air India 787 Dreamliner shortly after takeoff, raising safety concerns about the aircraft model. The incident led to an 8% drop in Boeing shares during premarket trading and also negatively impacted suppliers such as GE Aerospace and Spirit AeroSystems. Despite these setbacks, Boeing retains an "Outperform" consensus rating from 29 brokerage firms, with an average one-year price target of approximately $220, suggesting some potential upside. However, GuruFocus projects a fair value below the current price, indicating possible downside risk over the next year. Historical data shows that Boeing's stock typically falls about 5% on the day of such incidents and declines further in the following week, prompting analyst caution about near-term performance. The crash's broader implications continue to be monitored amid geopolitical and market volatility, including statements from President Trump on trade and global economic conditions.