We currently have a stock price estimate of $135 for Boeing, around 5% ahead of its current market price. See our complete analysis of Boeing here Higher Production Rates Will Lift Boeing's First Quarter Results Boeing delivered 24 more commercial airplanes in the first quarter, compared to the year ago period. This increase in the company's airplane deliveries is a result of higher production rates across two of its highest selling airplane models – the 737 and 787 Dreamliner. In the first half of last year, driven by growing order backlog, Boeing hiked its 737 production rate to 38 airplanes per month from 35 per month. Thereafter, in March earlier this year, the company again hiked its 737 production rate to 42 airplanes per month. As a result, it delivered 115 737s to airlines in the first quarter, up from 102 in the first quarter of 2013. Similarly, at its 787 program, in May last year, Boeing hiked its production rate to 7 airplanes per month from 5 per month.