Boeing (NYSE:BA – Free Report) had its price target increased by Morgan Stanley from $245.00 to $250.00 in a report released on Thursday morning,Benzinga reports. They currently have an equal weight rating on the aircraft producer’s stock.
A number of other brokerages also recently commented on BA. TD Cowen reiterated a “buy” rating on shares of Boeing in a research report on Wednesday, January 28th. Weiss Ratings upgraded Boeing from a “sell (d-)” rating to a “hold (c-)” rating in a report on Wednesday, February 4th. Citigroup cut their target price on Boeing from $290.00 to $256.00 and set a “buy” rating on the stock in a research report on Thursday, April 2nd. Tigress Financial upped their target price on Boeing from $275.00 to $290.00 and gave the company a “buy” rating in a report on Thursday, March 19th. Finally, JPMorgan Chase & Co. increased their price target on Boeing from $245.00 to $270.00 and gave the company an “overweight” rating in a research report on Wednesday, January 28th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, four have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $259.35.
Check Out Our Latest Research Report on Boeing
Boeing Stock Down 0.7%
Boeing (NYSE:BA – Get Free Report) last issued its earnings results on Wednesday, April 22nd. The aircraft producer reported ($0.20) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.68) by $0.48. The business had revenue of $22.22 billion for the quarter, compared to the consensus estimate of $22.15 billion. The company’s quarterly revenue was up 14.0% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.49) earnings per share. Equities research analysts expect that Boeing will post -0.29 earnings per share for the current fiscal year.
Insider Activity
In other news, EVP Uma M. Amuluru sold 1,503 shares of Boeing stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $233.78, for a total transaction of $351,371.34. Following the transaction, the executive vice president owned 19,015 shares in the company, valued at approximately $4,445,326.70. The trade was a 7.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Ann M. Schmidt sold 6,281 shares of the company’s stock in a transaction 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 transaction, the senior vice president directly owned 13,978 shares in the company, valued at $3,401,825.86. The trade was a 31.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 21,012 shares of company stock valued at $4,980,687 in the last 90 days. Company insiders own 0.10% of the company’s stock.
Institutional Investors Weigh In On Boeing
Institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. boosted 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 period. Alyeska Investment Group L.P. increased its stake in Boeing by 245.7% in the 4th quarter. Alyeska Investment Group L.P. now owns 2,252,450 shares of the aircraft producer’s stock valued at $489,052,000 after buying an additional 1,600,909 shares during the period. Janus Henderson Group PLC lifted its position in Boeing by 43.1% in the 4th quarter. Janus Henderson Group PLC now owns 3,907,876 shares of the aircraft producer’s stock worth $840,204,000 after buying an additional 1,176,074 shares in the last quarter. Viking Global Investors LP lifted its position in Boeing by 31.3% in the 4th quarter. Viking Global Investors LP now owns 3,953,087 shares of the aircraft producer’s stock worth $858,294,000 after buying an additional 942,536 shares in the last quarter. Finally, Ninety One UK Ltd acquired a new stake in shares of Boeing during the 3rd quarter valued at $192,734,000. 64.82% of the stock is currently owned by institutional investors and hedge funds.
More Boeing News
Here are the key news stories impacting Boeing this week:
- Positive Sentiment: Q1 results beat expectations — revenue rose ~14% to $22.22B, non‑GAAP loss per share was narrower than feared, and backlog hit a record, reinforcing the commercial recovery. Article Title
- Positive Sentiment: Operating cash flow is improving (much smaller deficit year‑over‑year), signaling the company is cutting rework costs and moving toward more predictable cash performance. Article Title
- Positive Sentiment: Production capacity headroom — commentary that 737 MAX production can increase supports revenue/earnings upside as delivery cadence improves. Article Title
- Positive Sentiment: Analyst and market support — Morgan Stanley nudged its price target higher and TD Cowen reiterated a Buy, giving investors additional confidence. Article Title Article Title
- Positive Sentiment: Management optimism on international demand — CEO comments expressing confidence about potential China orders tied to high‑level meetings may fuel order expectations. Article Title
- Neutral Sentiment: Options flow and retail interest — large call option purchases and bullish retail write‑ups surfaced after earnings; these increase short‑term volatility and speculative upside but don’t guarantee sustained price gains. Article Title Article Title
- Negative Sentiment: Defense demand risk — reports that NATO or a major military customer may be “considering other options” create near‑term uncertainty for Boeing’s defense pipeline and can weigh on stock sentiment. Article Title
- Negative Sentiment: Short interest jumped ~15.9% in April to ~15.4M shares (about 2.0% of float) with a short‑interest ratio near 2.9 days — rising shorts can amplify downside pressure and volatility if negative headlines continue.
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.
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