Boeing (NYSE:BA) Upgraded at Wells Fargo & Company

Wells Fargo & Company upgraded shares of Boeing (NYSE:BA) to a strong-buy rating in a report published on Tuesday,Zacks.com reports.

A number of other research analysts have also issued reports on the stock. New Street Research set a $257.00 price target on shares of Boeing in a research note on Tuesday, December 9th. Morgan Stanley set a $245.00 price target on shares of Boeing in a research report on Wednesday, January 28th. Weiss Ratings raised Boeing from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Wednesday, February 4th. Zacks Research upgraded shares of Boeing from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 2nd. Finally, Royal Bank Of Canada raised their price objective on Boeing from $265.00 to $275.00 and gave the company an “outperform” rating in a report on Wednesday, January 28th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $252.48.

Boeing Trading Up 0.5%

NYSE BA opened at $208.42 on Tuesday. The stock has a market cap of $163.68 billion, a PE ratio of 103.69 and a beta of 1.13. The company’s 50-day moving average price is $224.03 and its 200-day moving average price is $216.47. Boeing has a 12 month low of $128.88 and a 12 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.

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

Insider Activity

In other Boeing news, EVP Howard E. Mckenzie sold 10,497 shares of the firm’s stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $233.99, for a total value of $2,456,193.03. Following the sale, the executive vice president directly owned 14,692 shares in the company, valued at $3,437,781.08. This trade represents a 41.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Ann M. Schmidt sold 6,281 shares of Boeing stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $243.37, for a total value of $1,528,606.97. Following the sale, the senior vice president directly owned 13,978 shares of the company’s stock, valued at $3,401,825.86. This trade represents a 31.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 21,012 shares of company stock worth $4,980,687 in the last ninety days. 0.10% of the stock is owned by insiders.

Hedge Funds Weigh In On Boeing

Hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its holdings 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 purchasing an additional 3,460,021 shares during the last quarter. Alyeska Investment Group L.P. raised its stake in shares of Boeing by 245.7% during the fourth quarter. Alyeska Investment Group L.P. now owns 2,252,450 shares of the aircraft producer’s stock worth $489,052,000 after purchasing an additional 1,600,909 shares during the last quarter. Janus Henderson Group PLC raised its stake in shares of Boeing by 43.1% during the fourth quarter. Janus Henderson Group PLC now owns 3,907,876 shares of the aircraft producer’s stock worth $840,204,000 after purchasing an additional 1,176,074 shares during the last quarter. Viking Global Investors LP lifted its holdings in shares of Boeing by 31.3% during the fourth quarter. Viking Global Investors LP now owns 3,953,087 shares of the aircraft producer’s stock worth $858,294,000 after purchasing an additional 942,536 shares during the period. Finally, Ninety One UK Ltd purchased a new position in Boeing in the 3rd quarter valued at $192,734,000. 64.82% of the stock is currently owned by hedge funds and other institutional investors.

More Boeing News

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.