30 days ago
On August 11, Kristina Ruggeri from Argus upgraded The Boeing Company (NYSE:BA) from Hold to Buy, based on the company's long-term prospects within the expanding commercial aerospace segment. The ****** yst expects the company's impressive backlog, topline growth and margins to continue expanding after the management made progress in addressing concerns linked with production and profitability. Ruggeri's price target of $265 results in more than 26% upside potential as of August 28 closing. Let's explore the underlying business fundamentals that support this rating upgrade.
Recent financials clearly back the rating upgrade by Argus, as the company reported $24.6 billion in Q2 2026 revenue compared to $22.7 billion during Q2 2025. The 8% topline expansion primarily reflected 171 commercial deliveries during the quarter. Despite a core loss of ($0.76) per share, the company's cash flows turned positive amid improved working capital. In the second quarter, it posted $1.4 billion in operating cash flow and $631 million in free cash flow. Management reiterated its optimistic FCF projections, with a full-year guidance between $1 billion and $3 billion, depending partly on delivery volumes and timing of customer receipts.
The company's demand backlog further strengthens the bullish narrative, as it reported $715 billion in total backlog by the end of second quarter. This included a backlog of $597 billion for commercial airplanes segment, involving more than 6,200 aircraft. It is composed of thousands of orders for 737 MAX, along with elevated demand across its wide-body segment covering 767, 777, and 787 programs. Backlogs for Defense, ****** e & Security, and Global Services segments stood at $85 billion and $33 billion, respectively.
Company President and CEO, Kelly Ortberg, reflected on the remainder of the year, stating:
"While there is more work ahead in the second half of the year, the momentum we are building continues to move Boeing in the right direction."
#second
Recent financials clearly back the rating upgrade by Argus, as the company reported $24.6 billion in Q2 2026 revenue compared to $22.7 billion during Q2 2025. The 8% topline expansion primarily reflected 171 commercial deliveries during the quarter. Despite a core loss of ($0.76) per share, the company's cash flows turned positive amid improved working capital. In the second quarter, it posted $1.4 billion in operating cash flow and $631 million in free cash flow. Management reiterated its optimistic FCF projections, with a full-year guidance between $1 billion and $3 billion, depending partly on delivery volumes and timing of customer receipts.
The company's demand backlog further strengthens the bullish narrative, as it reported $715 billion in total backlog by the end of second quarter. This included a backlog of $597 billion for commercial airplanes segment, involving more than 6,200 aircraft. It is composed of thousands of orders for 737 MAX, along with elevated demand across its wide-body segment covering 767, 777, and 787 programs. Backlogs for Defense, ****** e & Security, and Global Services segments stood at $85 billion and $33 billion, respectively.
Company President and CEO, Kelly Ortberg, reflected on the remainder of the year, stating:
"While there is more work ahead in the second half of the year, the momentum we are building continues to move Boeing in the right direction."
#second
2 months ago
Atlético de Madrid and Aston Villa have officially confirmed the signing of Matteo Ruggeri.
The left-back leaves the red-and-white side just one season after arriving in the Spanish capital.
The Italian leaves around €20 million at Atleti, a fee close to what they paid to sign him from Atalanta.
Grimaldo's arrival had reduced the 'azzurro's' chances, and the club had been looking for an exit for him.
He will now embark on a new adventure in the Premier League under Unai Emery. Zion Suzuki, the goalkeeper arriving from Parma, will follow the same path.
#madrid
The left-back leaves the red-and-white side just one season after arriving in the Spanish capital.
The Italian leaves around €20 million at Atleti, a fee close to what they paid to sign him from Atalanta.
Grimaldo's arrival had reduced the 'azzurro's' chances, and the club had been looking for an exit for him.
He will now embark on a new adventure in the Premier League under Unai Emery. Zion Suzuki, the goalkeeper arriving from Parma, will follow the same path.
#madrid
2 months ago
Aston Villa have started Wednesday by announcing a double deal for Zion Suzuki and Matteo Ruggeri.
The ****** an international goalkeeper joins from Parma in a deal worth €30m which has the potential to rise by a further €5m in add-ons and has signed a five-year contract.
He is set to take over from Emiliano Martínez as the club's new number one, although the Argentine remains in limbo after a potential move to Juventus fell through.
Meanwhile, Ruggeri has signed for a fee of €20m and leaves Atlético de Madrid just one season after arriving from Atalanta.
The full-back made 45 appearances in his only season in the Spanish capital and provided seven ****** ists.
#villa #wednesday
The ****** an international goalkeeper joins from Parma in a deal worth €30m which has the potential to rise by a further €5m in add-ons and has signed a five-year contract.
He is set to take over from Emiliano Martínez as the club's new number one, although the Argentine remains in limbo after a potential move to Juventus fell through.
Meanwhile, Ruggeri has signed for a fee of €20m and leaves Atlético de Madrid just one season after arriving from Atalanta.
The full-back made 45 appearances in his only season in the Spanish capital and provided seven ****** ists.
#villa #wednesday
2 months ago
Aston Villa are set to sign Atletico Madrid left-back Matteo Ruggeri, according to Fabrizio Romano.
The Villains have agreed a deal worth €25 million plus another €1.5m in bonuses. He will travel for medicals this week if the papers were submitted in recent hours.
Villa needed a new left-back following the departure of Lucas Digne this summer, and Ruggeri emerged as a top target.
Ruggeri caught the eye in 26 La Liga appearances last term, creating five big chances, winning 59 percent of his aerial and 38% of his ground duels while helping to keep five clean sheets.
Aston Villa are preparing for another competitive season on all fronts that starts with a UEFA Super Cup showdown with Champions League winners Paris Saint-Germain today.
#left #atletico
The Villains have agreed a deal worth €25 million plus another €1.5m in bonuses. He will travel for medicals this week if the papers were submitted in recent hours.
Villa needed a new left-back following the departure of Lucas Digne this summer, and Ruggeri emerged as a top target.
Ruggeri caught the eye in 26 La Liga appearances last term, creating five big chances, winning 59 percent of his aerial and 38% of his ground duels while helping to keep five clean sheets.
Aston Villa are preparing for another competitive season on all fronts that starts with a UEFA Super Cup showdown with Champions League winners Paris Saint-Germain today.
#left #atletico
2 months ago
Aston Villa look set to complete a smart piece of business, with Marca reporting that Matteo Ruggeri is on the verge of leaving Atlético Madrid for Villa Park. The broad outline is simple, Villa have reached an agreement with Atlético, and the only thing left is the player's final approval.
The numbers matter. Villa would pay £18 million guaranteed, with a further £6 million in variables. For a left-back who has clearly dropped out of the immediate picture, that is a deal Atlético are ready to take and one Villa seem comfortable backing. There is no mystery here, his future has shifted quickly and decisively.
Ruggeri will not travel with Atlético on their pre-season trip to South Korea, which tells you plenty. Clubs do not make that call unless they expect movement. After talks involving his representatives and Villa, the operation has advanced to the point where his departure now feels like a matter of timing rather than doubt.
He had worked with the main group earlier in pre-season, but once Villa's interest became serious, his situation changed. That usually means the coaching staff and the hierarchy are already planning for life after the player. Juventus and Roma checked on him earlier in the summer, while Liverpool and Newcastle reportedly asked late questions, yet Villa have done the heavy lifting.
From Villa's perspective, this is coherent squad building. Unai Emery wants options, reliability and tactical discipline in wide areas. Ruggeri fits that profile. He is young, he comes from a high-level environment, and the fee is not reckless by Premier League standards.
#left #aston #marca
The numbers matter. Villa would pay £18 million guaranteed, with a further £6 million in variables. For a left-back who has clearly dropped out of the immediate picture, that is a deal Atlético are ready to take and one Villa seem comfortable backing. There is no mystery here, his future has shifted quickly and decisively.
Ruggeri will not travel with Atlético on their pre-season trip to South Korea, which tells you plenty. Clubs do not make that call unless they expect movement. After talks involving his representatives and Villa, the operation has advanced to the point where his departure now feels like a matter of timing rather than doubt.
He had worked with the main group earlier in pre-season, but once Villa's interest became serious, his situation changed. That usually means the coaching staff and the hierarchy are already planning for life after the player. Juventus and Roma checked on him earlier in the summer, while Liverpool and Newcastle reportedly asked late questions, yet Villa have done the heavy lifting.
From Villa's perspective, this is coherent squad building. Unai Emery wants options, reliability and tactical discipline in wide areas. Ruggeri fits that profile. He is young, he comes from a high-level environment, and the fee is not reckless by Premier League standards.
#left #aston #marca
2 months ago
The sports press this August 5 is reaching fever pitch, with the transfer market at the center of attention. From the Blaugrana board's lightning-fast negotiations in the capital to transfer records in Chamartín and the urgency on the benches in Valencia and Seville, the front pages of the country's leading newspapers review a decisive day for shaping the season.
FC Barcelona dominates the Catalan front pages. Both Sport ("Summit for Julián Álvarez") and Mundo Deportivo ("Barça stand firm") report on Deco's whirlwind trip to Madrid to meet with the Argentine forward's agent and speed up his signing.
Likewise, Mundo Deportivo reveals a full agreement between Real Madrid and Rodri for 75 million euros, while also detailing the Blaugrana club's stance on Ferran Torres, whom they will try to renew on reduced terms.
In Madrid, the white club's academy takes center stage. Diario AS leads with "The academy is a goldmine", celebrating the 189 million euros brought in by Real Madrid thanks to the departures of young talents such as Palacios and Gonzalo, making it the most profitable summer in the club's history.
Meanwhile, Marca focuses on Franco Mastantuono leaving for Fiorentina, Aston Villa's interest in Ruggeri, and the forceful remarks by Rayo Vallecano president Raúl Martín Presa about the future of Vallecas.
#mundo
FC Barcelona dominates the Catalan front pages. Both Sport ("Summit for Julián Álvarez") and Mundo Deportivo ("Barça stand firm") report on Deco's whirlwind trip to Madrid to meet with the Argentine forward's agent and speed up his signing.
Likewise, Mundo Deportivo reveals a full agreement between Real Madrid and Rodri for 75 million euros, while also detailing the Blaugrana club's stance on Ferran Torres, whom they will try to renew on reduced terms.
In Madrid, the white club's academy takes center stage. Diario AS leads with "The academy is a goldmine", celebrating the 189 million euros brought in by Real Madrid thanks to the departures of young talents such as Palacios and Gonzalo, making it the most profitable summer in the club's history.
Meanwhile, Marca focuses on Franco Mastantuono leaving for Fiorentina, Aston Villa's interest in Ruggeri, and the forceful remarks by Rayo Vallecano president Raúl Martín Presa about the future of Vallecas.
#mundo
2 months ago
Per reports in Spain and England on Tuesday, Aston Villa are interested in bringing Matteo Ruggeri to the Premier League, and the Atlético de Madrid left-back is contemplating whether to accept an offer from the Birmingham-based club or hold out for a return to Serie A.
First advanced by Isaac Suárez in Marca, Aston Villa's interest in Ruggeri comes two weeks after the player's agent declared that his client was going nowhere this summer, even after Atlético completed the signing of Spain international Alejandro Grimaldo from Bayer Leverkusen. Tullio Tinti and Manuel Montipó, Ruggeri's representatives, were present Tuesday at Atleti's training session in Majadahonda, where the 24-year-old worked with the substitutes and Madrileño players instead of the starting team.
Suárez describes the negotiations as fast-moving, and Villa want to sign the player "immediately." He claims that a transfer could be done "in the next few hours," which in reality means "sometime in the next few days."
Ruggeri had an uneven debut season in Madrid after Atleti signed him from Atalanta last year. After a difficult start, he found form in January and ended the season with seven ****** ists across 47 appearances in all competitions. But according to The Athletic's Jacob Tanswell, Ruggeri first the "physical profile of left-back" that Villa manager Unai Emery wants, as veteran Lucas Digne is set to join Paris Saint-Germain in the coming days. Emery's preferred target reportedly is Milan's Pervis Estupiñán, but negotiations for his former Villarreal pupil have not progressed.
It is not yet known how much money Villa are offering to sign Ruggeri. But seeing as he has four years left on his contract and was signed initially for around €20 million, the chances are good that Atlético will turn a profit by selling Ruggeri to England. With Grimaldo soon to join following his post-World Cup holiday, the club views Ruggeri's sale as necessary to make further additions to the team — including the much-desired signing of a center-back.
#ruggeri #spain #england
First advanced by Isaac Suárez in Marca, Aston Villa's interest in Ruggeri comes two weeks after the player's agent declared that his client was going nowhere this summer, even after Atlético completed the signing of Spain international Alejandro Grimaldo from Bayer Leverkusen. Tullio Tinti and Manuel Montipó, Ruggeri's representatives, were present Tuesday at Atleti's training session in Majadahonda, where the 24-year-old worked with the substitutes and Madrileño players instead of the starting team.
Suárez describes the negotiations as fast-moving, and Villa want to sign the player "immediately." He claims that a transfer could be done "in the next few hours," which in reality means "sometime in the next few days."
Ruggeri had an uneven debut season in Madrid after Atleti signed him from Atalanta last year. After a difficult start, he found form in January and ended the season with seven ****** ists across 47 appearances in all competitions. But according to The Athletic's Jacob Tanswell, Ruggeri first the "physical profile of left-back" that Villa manager Unai Emery wants, as veteran Lucas Digne is set to join Paris Saint-Germain in the coming days. Emery's preferred target reportedly is Milan's Pervis Estupiñán, but negotiations for his former Villarreal pupil have not progressed.
It is not yet known how much money Villa are offering to sign Ruggeri. But seeing as he has four years left on his contract and was signed initially for around €20 million, the chances are good that Atlético will turn a profit by selling Ruggeri to England. With Grimaldo soon to join following his post-World Cup holiday, the club views Ruggeri's sale as necessary to make further additions to the team — including the much-desired signing of a center-back.
#ruggeri #spain #england
3 months ago
Fiorentina director Fabio Paratici continues to work with old club Tottenham Hotspur to bring in Italy international Destiny Udogie, while Atletico Madrid's Matteo Ruggeri is an alternative.
Paratici had two different spells at Spurs, plus working as an outside advisor during his ban, before coming back to Serie A for Fiorentina in February.
He is now using some of those contacts to seek reinforcements for the team at the Stadio Artemio Franchi, and has set his sights firmly on Udogie.
IPSWICH, ENGLAND – FEBRUARY 22: Destiny Udogie of Tottenham Hotspur takes on Jaden Philogene of Ipswich Town during the Premier League match between Ipswich Town FC and Tottenham Hotspur FC at Portman Road on February 22, 2025 in Ipswich, England. (Photo by Paul Harding/Getty Images)
The 23-year-old Italy international has struggled with injury and a lack of regular playing time at Tottenham since his transfer from Udinese in 2022.
Paratici had two different spells at Spurs, plus working as an outside advisor during his ban, before coming back to Serie A for Fiorentina in February.
He is now using some of those contacts to seek reinforcements for the team at the Stadio Artemio Franchi, and has set his sights firmly on Udogie.
IPSWICH, ENGLAND – FEBRUARY 22: Destiny Udogie of Tottenham Hotspur takes on Jaden Philogene of Ipswich Town during the Premier League match between Ipswich Town FC and Tottenham Hotspur FC at Portman Road on February 22, 2025 in Ipswich, England. (Photo by Paul Harding/Getty Images)
The 23-year-old Italy international has struggled with injury and a lack of regular playing time at Tottenham since his transfer from Udinese in 2022.
3 months ago
He may not have been the most heralded transfer in club history, but the minute Angeliño stepped onto the pitch in March 2024, his value was clear: he was fast, direct, and aggressive. Combined with his low center of gravity, those traits made the Spanish wing-back a nuisance to opponents and an ******* et to Roma’s attack. After surviving the De Rossi-Juric-Ranieri triumvirate, Angeliño was poised to flourish under Gian Piero Gasperino and alongside the club’s other combustible wing-back, Wesley França.
Unfortunately, that never came to pass. After missing nearly the entire 2025-2026 season due to a variety of injuries, Angeliño’s absence forced Wesley into the left wing-back role; not a catastrophic development, but hardly ideal. While we may see the Angeliño-Wesley pairing next season, the club has been intermittently linked to one of Gasperini’s former proteges, Matteo Ruggeri.
The Atletico Madrid left-back’s future is in the balance after the Colchoneros’ recent capture of Alejandro Grimaldo, who is moving from Bayer Leverkusen. According to the Gazzetta dello Sport, Atletico are likely to put Ruggeri on the transfer market, where Roma are expected to be a major suitor.
While actual negotiations may or may not be underway, our colleagues at Into the Calderon think €25 million would suffice for the 23-year-old
Given the hostile nature of the transfer market, we can safely ******* ume the final cost will be closer to €30 million, if not more, but landing a talented young wing-back with Ruggeri’s skill set and proven ability to succeed under Gasperini could be a bargain.
Unfortunately, that never came to pass. After missing nearly the entire 2025-2026 season due to a variety of injuries, Angeliño’s absence forced Wesley into the left wing-back role; not a catastrophic development, but hardly ideal. While we may see the Angeliño-Wesley pairing next season, the club has been intermittently linked to one of Gasperini’s former proteges, Matteo Ruggeri.
The Atletico Madrid left-back’s future is in the balance after the Colchoneros’ recent capture of Alejandro Grimaldo, who is moving from Bayer Leverkusen. According to the Gazzetta dello Sport, Atletico are likely to put Ruggeri on the transfer market, where Roma are expected to be a major suitor.
While actual negotiations may or may not be underway, our colleagues at Into the Calderon think €25 million would suffice for the 23-year-old
Given the hostile nature of the transfer market, we can safely ******* ume the final cost will be closer to €30 million, if not more, but landing a talented young wing-back with Ruggeri’s skill set and proven ability to succeed under Gasperini could be a bargain.
