Boeing (NYSE:BA) Price Target Lowered to $256.00 at Citigroup

Boeing (NYSE:BA) had its price objective trimmed by Citigroup from $290.00 to $256.00 in a report released on Thursday morning,Benzinga reports. The firm currently has a buy rating on the aircraft producer’s stock.

A number of other research firms also recently issued reports on BA. Tigress Financial increased their target price on shares of Boeing from $275.00 to $290.00 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Susquehanna reaffirmed a “positive” rating and set a $280.00 price target on shares of Boeing in a research report on Thursday, January 15th. TD Cowen reiterated a “buy” rating on shares of Boeing in a research note on Wednesday, January 28th. Weiss Ratings raised shares of Boeing from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Wednesday, February 4th. Finally, Wells Fargo & Company assumed coverage on shares of Boeing in a research note on Wednesday. They issued an “overweight” rating and a $250.00 target price on the stock. Two research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $252.48.

Boeing Price Performance

Shares of Boeing stock opened at $208.42 on Thursday. The business’s fifty day moving average price is $224.03 and its 200 day moving average price is $216.47. Boeing has a twelve month low of $128.88 and a twelve month high of $254.35. The company has a current ratio of 1.19, a quick ratio of 0.40 and a debt-to-equity ratio of 8.37. The stock has a market capitalization of $163.68 billion, a P/E ratio of 103.69 and a beta of 1.13.

Boeing (NYSE:BA) last announced its quarterly earnings results on Tuesday, January 27th. The aircraft producer reported $9.92 EPS for the quarter, topping the consensus estimate of ($0.40) by $10.32. The firm had revenue of $23.95 billion for the quarter, compared to analyst estimates of $22.41 billion. The business’s revenue was up 57.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($5.90) earnings per share. As a group, research analysts anticipate that Boeing will post -2.58 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Mortimer J. Buckley acquired 2,230 shares of the stock in a transaction on Tuesday, March 3rd. The stock was bought at an average price of $224.20 per share, with a total value of $499,966.00. Following the completion of the transaction, the director directly owned 4,430 shares of the company’s stock, valued at $993,206. The trade was a 101.36% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Howard E. Mckenzie sold 10,497 shares of Boeing stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $233.99, for a total transaction of $2,456,193.03. Following the sale, the executive vice president owned 14,692 shares in the company, valued at $3,437,781.08. This represents a 41.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 21,012 shares of company stock worth $4,980,687 in the last 90 days. 0.10% of the stock is owned by insiders.

Hedge Funds Weigh In On Boeing

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BA. Vanguard Group Inc. increased its position in shares of Boeing by 5.1% during the fourth quarter. Vanguard Group Inc. now owns 70,989,438 shares of the aircraft producer’s stock worth $15,413,227,000 after acquiring an additional 3,460,021 shares during the last quarter. Newport Trust Company LLC lifted its stake in shares of Boeing by 1.0% in the fourth quarter. Newport Trust Company LLC now owns 29,485,294 shares of the aircraft producer’s stock worth $6,401,847,000 after acquiring an additional 286,848 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Boeing by 3.2% in the fourth quarter. Geode Capital Management LLC now owns 17,025,435 shares of the aircraft producer’s stock worth $3,679,592,000 after acquiring an additional 533,753 shares in the last quarter. Fisher Asset Management LLC lifted its stake in shares of Boeing by 2.5% in the fourth quarter. Fisher Asset Management LLC now owns 5,640,900 shares of the aircraft producer’s stock worth $1,224,752,000 after acquiring an additional 135,860 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Boeing by 3.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,370,415 shares of the aircraft producer’s stock valued at $948,905,000 after purchasing an additional 138,469 shares during the last quarter. 64.82% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Large Pentagon framework to ramp Patriot PAC‑3 seeker production should meaningfully boost Boeing’s defense revenue and cash flow over the multi‑year term, providing a durable offset to commercial uncertainties. Reuters: Boeing, Lockheed Martin to boost production of PAC-3 MSE seekers
• Positive Sentiment: Wells Fargo initiated coverage with an “overweight”/strong‑buy view and a $250 price target, a catalyst that can attract institutional demand and support the stock amid elevated multiples. MSN: Wells Fargo initiates coverage of Boeing
• Positive Sentiment: Boeing-built Space Launch System core stage powered the crewed Artemis II mission — a high‑visibility win for Boeing’s aerospace franchise that supports long‑term NASA/space program revenue and credibility. PR Newswire: Boeing-built Space Launch System Core Stage Powers First Crewed Artemis Mission
• Positive Sentiment: Commercial demand signal: 21 Air is targeting larger Boeing 777 freighters to expand long‑haul cargo capacity — incremental order/lease demand for 777 freighters would support Boeing’s widebody aftermarket and production outlook. Yahoo: 21 Air eyes larger Boeing 777s to access long-haul cargo market
• Neutral Sentiment: Citigroup trimmed its price target from $290 to $256 but kept a “buy” stance — the cut narrows upside while leaving analyst support in place; watch for how this and other targets influence investor positioning. Benzinga: Citigroup lowers Boeing price target
• Neutral Sentiment: BNP Paribas says Boeing’s supply chain shows early stabilization even as 737 output still trails targets — a sign production recovery is underway but not yet at scale. MSN: Boeing supply chain shows signs of stabilization
• Negative Sentiment: Ongoing safety and quality issues remain a visible overhang — recent coverage highlights recurring incidents and certification delays that raise costs and could depress commercial margins and deliveries. Fool: Boeing Has Experienced a Rash of Safety Issues
• Negative Sentiment: Supplier bottleneck: Spirit AeroSystems’ fuselage rail deliveries to Boeing slowed in March, reinforcing near‑term 737 output risk and potential delivery cadence volatility. AeroTime: Boeing 737 fuselage rail deliveries from Spirit appear to slow

Boeing Company Profile

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.