Zacks Research Brokers Raise Earnings Estimates for Boeing

The Boeing Company (NYSE:BA) – Research analysts at Zacks Research boosted their Q2 2026 earnings per share (EPS) estimates for shares of Boeing in a report released on Thursday, September 18th. Zacks Research analyst Team now forecasts that the aircraft producer will earn $0.42 per share for the quarter, up from their previous estimate of $0.28. The consensus estimate for Boeing’s current full-year earnings is ($2.58) per share.

Boeing (NYSE:BA) last announced its quarterly earnings data on Tuesday, July 29th. The aircraft producer reported ($1.24) EPS for the quarter, missing the consensus estimate of ($0.92) by ($0.32). The firm had revenue of $22.75 billion during the quarter, compared to analysts’ expectations of $20.13 billion. The company’s revenue was up 34.9% on a year-over-year basis. During the same quarter in the previous year, the business earned ($2.90) EPS.

Several other brokerages have also recently weighed in on BA. Rothschild & Co Redburn upgraded Boeing from a “neutral” rating to a “buy” rating and set a $275.00 target price for the company in a report on Friday, June 27th. Citigroup restated a “buy” rating on shares of Boeing in a report on Monday, July 28th. Redburn Atlantic upgraded Boeing from a “hold” rating to a “strong-buy” rating and increased their target price for the company from $180.00 to $275.00 in a report on Friday, June 27th. Susquehanna restated a “positive” rating and set a $270.00 target price on shares of Boeing in a report on Monday, September 15th. Finally, UBS Group set a $280.00 target price on Boeing and gave the company a “buy” rating in a report on Wednesday, July 30th. Three research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $230.77.

Boeing Price Performance

Shares of BA stock opened at $215.67 on Monday. The stock has a market capitalization of $163.08 billion, a PE ratio of -13.06 and a beta of 1.48. Boeing has a 1-year low of $128.88 and a 1-year high of $242.69. The business has a 50-day moving average of $227.97 and a 200 day moving average of $201.33.

Insider Buying and Selling

In other news, EVP David Christopher Raymond sold 3,771 shares of Boeing stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $229.94, for a total value of $867,103.74. Following the sale, the executive vice president directly owned 35,873 shares in the company, valued at approximately $8,248,637.62. This trade represents a 9.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Mortimer J. Buckley bought 2,200 shares of the stock in a transaction dated Tuesday, August 19th. The stock was purchased at an average price of $226.10 per share, with a total value of $497,420.00. Following the purchase, the director owned 2,200 shares in the company, valued at $497,420. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.09% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in BA. Harbor Asset Planning Inc. purchased a new position in shares of Boeing in the 2nd quarter valued at approximately $25,000. American National Bank & Trust lifted its stake in shares of Boeing by 474.1% in the 1st quarter. American National Bank & Trust now owns 155 shares of the aircraft producer’s stock valued at $26,000 after purchasing an additional 128 shares during the period. Piscataqua Savings Bank raised its stake in Boeing by 1,712.5% during the second quarter. Piscataqua Savings Bank now owns 145 shares of the aircraft producer’s stock valued at $30,000 after buying an additional 137 shares during the last quarter. REAP Financial Group LLC raised its stake in Boeing by 60.2% during the fourth quarter. REAP Financial Group LLC now owns 173 shares of the aircraft producer’s stock valued at $31,000 after buying an additional 65 shares during the last quarter. Finally, Dogwood Wealth Management LLC raised its stake in Boeing by 167.2% during the fourth quarter. Dogwood Wealth Management LLC now owns 179 shares of the aircraft producer’s stock valued at $32,000 after buying an additional 112 shares during the last quarter. Hedge funds and other institutional investors own 64.82% of the company’s stock.

About Boeing

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through Commercial Airplanes; Defense, Space & Security; and Global Services segments.