Strong deliveries cause the share price to rise

Airbus shares enjoyed a notable rise, rising 2.91% to €131.60, defying broader market volatility. This positive momentum is supported by robust fundamentals, particularly strong aircraft delivery data. Since the start of the year, Airbus has delivered 497 aircraft, helping the company achieve its ambitious annual target of approximately 770 deliveries. The European aerospace giant’s solid performance is further supported by a healthy flow of new orders, with 235 new bookings in the previous month alone.

Analysts predict further growth

Despite recent gains, market experts foresee substantial upside potential for Airbus shares. The average price target is €161.56, suggesting a possible upside of over 20%. Moreover, analysts expect a dividend increase to €2.23 per share for the current year, compared to €1.80 in the previous period. These optimistic forecasts, combined with Airbus’ large order book, are likely to increase the stock’s appeal to investors, potentially fueling further growth in the near term.

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