Shares of The Boeing Company (NYSE:BA – Get Free Report) have earned an average rating of “Moderate Buy” from the twenty-five research firms that are currently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, sixteen have given a buy rating and two have assigned a strong buy rating to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $252.4762.
A number of equities analysts have issued reports on the company. Jefferies Financial Group restated a “buy” rating on shares of Boeing in a report on Wednesday, March 4th. Citigroup cut their price target on shares of Boeing from $290.00 to $256.00 and set a “buy” rating on the stock in a research report on Thursday. Tigress Financial lifted their price objective on shares of Boeing from $275.00 to $290.00 and gave the stock a “buy” rating in a research note on Thursday, March 19th. Morgan Stanley set a $245.00 price objective on shares of Boeing in a report on Wednesday, January 28th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of Boeing in a research note on Tuesday, December 9th.
Check Out Our Latest Research Report on BA
Boeing Stock Performance
Boeing (NYSE:BA – Get Free Report) last announced its quarterly earnings data on Tuesday, January 27th. The aircraft producer reported $9.92 EPS for the quarter, topping analysts’ consensus estimates of ($0.40) by $10.32. The company had revenue of $23.95 billion for the quarter, compared to analyst estimates of $22.41 billion. The firm’s revenue for the quarter was up 57.1% on a year-over-year basis. During the same period last year, the firm earned ($5.90) earnings per share. Equities research analysts forecast that Boeing will post -2.58 EPS for the current year.
Insider Activity
In related news, EVP Howard E. Mckenzie sold 10,497 shares of the company’s stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $233.99, for a total value of $2,456,193.03. Following the completion of 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Ann M. Schmidt sold 6,281 shares of the firm’s stock in a transaction on 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 in the company, valued at $3,401,825.86. The trade was a 31.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 21,012 shares of company stock worth $4,980,687 over the last quarter. Corporate insiders own 0.10% of the company’s stock.
Hedge Funds Weigh In On Boeing
Several institutional investors have recently modified their holdings of BA. SteelPeak Wealth LLC lifted its stake in Boeing by 50.4% in the 3rd quarter. SteelPeak Wealth LLC now owns 26,360 shares of the aircraft producer’s stock valued at $5,689,000 after acquiring an additional 8,833 shares in the last quarter. Patton Fund Management Inc. grew its stake in shares of Boeing by 734.4% during the 3rd quarter. Patton Fund Management Inc. now owns 10,322 shares of the aircraft producer’s stock worth $2,228,000 after acquiring an additional 9,085 shares in the last quarter. Fisher Asset Management LLC grew its stake in shares of Boeing by 3.3% during the 3rd quarter. Fisher Asset Management LLC now owns 5,505,040 shares of the aircraft producer’s stock worth $1,188,153,000 after acquiring an additional 177,597 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in shares of Boeing by 41.1% in the third quarter. Russell Investments Group Ltd. now owns 223,824 shares of the aircraft producer’s stock valued at $48,316,000 after purchasing an additional 65,216 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its position in shares of Boeing by 47.7% in the third quarter. Farther Finance Advisors LLC now owns 18,477 shares of the aircraft producer’s stock worth $3,988,000 after purchasing an additional 5,966 shares in the last quarter. Institutional investors own 64.82% of the company’s stock.
Boeing News Summary
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
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.
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