Boeing (NYSE:BA) Given New $290.00 Price Target at Tigress Financial

Boeing (NYSE:BA) had its price target boosted by Tigress Financial from $275.00 to $290.00 in a research report report published on Thursday morning,Benzinga reports. They currently have a buy rating on the aircraft producer’s stock.

Other equities research analysts also recently issued reports about the company. Wolfe Research reiterated an “outperform” rating on shares of Boeing in a report on Tuesday, January 27th. Jefferies Financial Group restated a “buy” rating on shares of Boeing in a research note on Wednesday, March 4th. Royal Bank Of Canada lifted their price objective on shares of Boeing from $265.00 to $275.00 and gave the stock an “outperform” rating in a report on Wednesday, January 28th. UBS Group boosted their target price on shares of Boeing from $275.00 to $285.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Finally, Zacks Research raised shares of Boeing from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 2nd. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, five have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $246.82.

Boeing Stock Performance

Shares of BA stock opened at $201.36 on Thursday. The stock has a market capitalization of $158.14 billion, a price-to-earnings ratio of 100.18 and a beta of 1.14. Boeing has a one year low of $128.88 and a one year high of $254.35. The company’s 50-day simple moving average is $233.56 and its 200-day simple moving average is $218.63. The company has a debt-to-equity ratio of 8.37, a quick ratio of 0.40 and a current ratio of 1.19.

Boeing (NYSE:BA) last announced its quarterly earnings data on Tuesday, January 27th. The aircraft producer reported $9.92 earnings per share for the quarter, beating the consensus estimate of ($0.40) by $10.32. The firm had revenue of $23.95 billion during the quarter, compared to the consensus estimate of $22.41 billion. During the same period in the prior year, the firm earned ($5.90) earnings per share. The firm’s quarterly revenue was up 57.1% compared to the same quarter last year. Equities analysts anticipate that Boeing will post -2.58 earnings per share for the current fiscal year.

Insider Activity

In other Boeing news, Director Mortimer J. Buckley acquired 2,230 shares of the firm’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was acquired at an average cost of $224.20 per share, with a total value of $499,966.00. Following the acquisition, the director directly owned 4,430 shares of the company’s stock, valued at $993,206. This represents a 101.36% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Ann M. Schmidt sold 6,281 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $243.37, for a total value of $1,528,606.97. Following the completion of the sale, the senior vice president owned 13,978 shares in the company, valued at approximately $3,401,825.86. This represents a 31.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 21,012 shares of company stock worth $4,980,687 over the last ninety days. 0.10% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Revolve Wealth Partners LLC bought a new stake in shares of Boeing during the fourth quarter valued at about $201,000. Sivia Capital Partners LLC grew its position in Boeing by 16.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,529 shares of the aircraft producer’s stock valued at $320,000 after buying an additional 217 shares in the last quarter. Rovida Advisors Inc. acquired a new position in Boeing during the 2nd quarter valued at about $129,231,000. United Advisor Group LLC acquired a new position in Boeing during the 2nd quarter valued at about $296,000. Finally, Wealthspire Advisors LLC raised its position in shares of Boeing by 3.4% during the 2nd quarter. Wealthspire Advisors LLC now owns 15,085 shares of the aircraft producer’s stock worth $3,161,000 after buying an additional 496 shares in the last quarter. Institutional investors and hedge funds own 64.82% of the company’s stock.

Trending Headlines about Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Tigress Financial raised its price target on BA to $290 and reiterated a “buy” rating, signaling sizable upside expectations from that shop and supporting bullish investor sentiment. Tigress Raises Target (Benzinga)
• Positive Sentiment: Ryanair’s CEO said he expects Boeing MAX 10 certification in Q3 and deliveries to begin on time early next year, which eases near‑term delivery concerns for that variant and supports commercial backlog visibility. Ryanair Expects MAX 10 On Time (Reuters)
• Positive Sentiment: The FAA has cleared Boeing’s 777‑9 to advance to the fourth phase of certification testing, a constructive regulatory step for the long‑delayed widebody program and future revenue potential. FAA Clears 777‑9 to Next Stage (Reuters)
• Positive Sentiment: Boeing won a ~$489M contract from the U.S. Naval Air Systems Command, bolstering near‑term defense revenue and cashflow visibility. $489M Naval Contract (Yahoo)
• Neutral Sentiment: Analysts at Bank of America note production ramps and defense upside but warn of near‑term margin pressure as Boeing absorbs Spirit AeroSystems; that frames a mixed but watchable outlook. BofA Outlook (Benzinga)
• Negative Sentiment: Boeing told investors the war involving Iran will likely slow commercial production, creating delivery delays and near‑term cashflow/throughput risk — a direct headwind to revenue timing. Iran War May Slow Production (TipRanks)
• Negative Sentiment: Boeing warned commercial‑division profit recovery is delayed (now pushing profit toward 2027) as Spirit integration adds unexpected costs and margins are pressured this year. That lowers near‑term earnings visibility. Commercial Profit Delayed to 2027 (MSN)
• Negative Sentiment: A judge allowed a class action by shareholders over 737 MAX safety issues to proceed, increasing potential legal and reputational risk for Boeing. Shareholders’ Class Action Allowed (Globe and Mail)
• Negative Sentiment: Atlas Air’s order for Airbus A350 freighters signals competitive pressure in the cargo widebody market and questions about Boeing’s 777‑8F timeline, which could hurt future freighter sales momentum. Atlas Air Moves Toward Airbus (Yahoo)

About Boeing

Boeing Company (NYSE: BA) is an American multinational corporation that designs, manufactures and services commercial airplanes, defense systems, and space and security technologies. Founded in 1916 by William E. Boeing in Seattle, the company today operates as an integrated aerospace and defense contractor with a global customer base. Boeing relocated its corporate headquarters to Arlington, Virginia in 2022 and maintains extensive engineering, manufacturing and service operations across the United States and around the world.

Boeing’s principal lines of business include Commercial Airplanes, which produces and supports a range of jetliners used by airlines globally; Defense, Space & Security, which develops military aircraft, rotorcraft, surveillance and reconnaissance systems, satellites, and launch and missile systems; and Boeing Global Services, which provides aftermarket maintenance, training, spare parts, digital analytics and logistics support.