FMP

FMP

Enter

Airbus Cuts Delivery Target and Delays Production Goal

-

twitterlinkedinfacebook
blog post cover photo

Image credit: Joshua Mayo

Airbus, Europe's largest aerospace group, recently announced adjustments to its production and delivery targets. Let's delve into the details and explore how the Double Exponential Moving Average (DEMA) might be used for further analysis.

Airbus Trims Delivery Target and Delays Production Ramp-Up:

  • Airbus lowered its 2024 total delivery target to around 770 airplanes from an earlier target of around 800.
  • The company also pushed back its target for reaching a production rate of 75 narrow-body airplanes per month to 2027, from the previously expected 2026.
  • These adjustments reflect ongoing supply chain disruptions and challenges in the post-pandemic recovery.

DEMA: A Tool for Analyzing Stock Price Trends

The DEMA is a technical analysis tool that can be helpful for identifying trends in stock prices. By smoothing out short-term fluctuations, DEMA can reveal underlying trends that might be obscured by daily volatility. Here's the link to the Financial Modeling Prep DEMA API documentation in case you'd like to explore it further: Financial Modeling Prep DEMA API Documentation.

Potential Use of DEMA in This Scenario:

While Airbus' announcement doesn't directly relate to its stock price on a given day, some investors might use DEMA to analyze the stock's historical price movements and identify potential future trends. DEMA could be used to:

  • See how the announcement affects Airbus' stock price in the short term.
  • Analyze how the stock has performed in response to previous production or delivery challenges.
  • Identify any broader trends in the aerospace industry that might impact Airbus.

Important Considerations:

  • DEMA is just one tool among many used in technical analysis. It shouldn't be used in isolation for making investment decisions.
  • Past performance is not necessarily indicative of future results.

Airbus' Future Outlook:

Airbus' ability to overcome supply chain challenges and meet its revised targets will likely influence its stock price and future performance. Investors should closely monitor developments in the aerospace industry and Airbus' specific execution plans.

Other Blogs

May 14, 2024 11:41 AM - Sanzhi Kobzhan

The easiest way to calculate stock’s target price and why the target price is important.

A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...

blog post title

May 16, 2024 8:06 PM - Gordon Thompson

Deutsche Bank Upgrades AST SpaceMobile to Buy Amid Legal Challenges

On Thursday, May 16, 2024, Deutsche Bank upgraded its rating on NASDAQ:ASTS to Buy, maintaining a hold position. At the time of the announcement, ASTS was trading at $4.03. This decision was accompanied by an increase in the price target for AST SpaceMobile, raised to $22 from $19, as detailed in a ...

blog post title

May 24, 2024 9:30 AM - Rajnish Katharotiya

How to Access and Analyze Earnings Call Transcripts

Earnings call transcripts are invaluable resources for investors, analysts, and financial enthusiasts. They provide insights into a company's performance, strategy, and future outlook, making them essential for making informed investment decisions. With Financial Modeling Prep, Earnings Call Transcr...

blog post title
FMP

FMP

Financial Modeling Prep API provides real time stock price, company financial statements, major index prices, stock historical data, forex real time rate and cryptocurrencies. Financial Modeling Prep stock price API is in real time, the company reports can be found in quarter or annual format, and goes back 30 years in history.
twitterlinkedinfacebookinstagram
2017-2024 © Financial Modeling Prep