Boeing (NYSE:BA – Free Report) had its target price lifted by Tigress Financial from $275.00 to $290.00 in a research note issued to investors on Thursday morning,Benzinga reports. The firm currently has a buy rating on the aircraft producer’s stock.
A number of other analysts also recently weighed in on BA. JPMorgan Chase & Co. upped their target price on Boeing from $245.00 to $270.00 and gave the company an “overweight” rating in a research report on Wednesday, January 28th. New Street Research set a $257.00 price target on Boeing in a research note on Tuesday, December 9th. Morgan Stanley set a $245.00 price objective on shares of Boeing in a research report on Wednesday, January 28th. Weiss Ratings upgraded shares of Boeing from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Wednesday, February 4th. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of Boeing in a report on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, Boeing has an average rating of “Moderate Buy” and an average target price of $246.82.
View Our Latest Analysis on BA
Boeing Stock Down 3.0%
Boeing (NYSE:BA – Get Free Report) last issued its quarterly earnings results on Tuesday, January 27th. The aircraft producer reported $9.92 earnings per share (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. During the same period in the prior year, the company earned ($5.90) EPS. The company’s quarterly revenue was up 57.1% compared to the same quarter last year. On average, equities research analysts expect that Boeing will post -2.58 earnings per share for the current fiscal year.
Insiders Place Their Bets
In related news, EVP Howard E. Mckenzie sold 10,497 shares of the firm’s stock in a transaction dated 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 of the company’s stock, 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 SEC, which is available through this link. Also, SVP Ann M. Schmidt sold 6,281 shares of Boeing stock in a transaction dated 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 transaction, 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 position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 21,012 shares of company stock worth $4,980,687 over the last 90 days. Corporate insiders own 0.10% of the company’s stock.
Institutional Investors Weigh In On Boeing
A number of hedge funds have recently made changes to their positions in BA. Measured Wealth Private Client Group LLC acquired a new stake in Boeing in the third quarter valued at approximately $25,000. Strive Financial Group LLC acquired a new position in shares of Boeing during the fourth quarter worth $25,000. CrossGen Wealth LLC bought a new position in shares of Boeing in the 4th quarter valued at $26,000. Ares Financial Consulting LLC bought a new position in shares of Boeing in the 4th quarter valued at $26,000. Finally, 1 North Wealth Services LLC acquired a new stake in shares of Boeing during the 4th quarter valued at $27,000. 64.82% of the stock is currently owned by institutional investors and hedge funds.
Key Stories Impacting Boeing
Here are the key news stories impacting Boeing this week:
- Positive Sentiment: Tigress Financial raised its price target to $290 and kept a Buy rating, signaling analyst conviction in Boeing’s backlog and longer‑term cash generation — a bullish anchor for upside expectations. Benzinga: Tigress target raise
- Positive Sentiment: FAA cleared Boeing to advance 777‑9 certification testing to the next phase, reducing a key regulatory obstacle for a high-margin widebody program that drives future revenue and backlog conversion. FAA clears 777-9
- Positive Sentiment: Boeing secured a ~$489M Naval Air Systems Command contract, which supports near-term defense revenue and offsets some commercial volatility. Defense wins help diversify cash flow and margin profile. Defense contract
- Neutral Sentiment: Ryanair’s CEO expects MAX 10 certification and deliveries on a timely schedule, which is a customer signal of demand and production recovery but not a catalyst unless Boeing confirms ramp details. Ryanair expects MAX 10 on time
- Neutral Sentiment: Some delivery delays tied to a wiring issue appear limited in scope, described as a modest/temporary hiccup versus more systemic program problems — watch official delivery schedules for clarity. Wiring issue coverage
- Negative Sentiment: NASA is reportedly considering SpaceX’s Starship instead of Boeing’s Space Launch System (SLS) for lunar transit — a direct threat to future SLS revenue and program relevance that spooked investors. NASA considering Starship over SLS
- Negative Sentiment: Reports and commentary (TipRanks / Seeking Alpha) highlight mounting competitive pressure from SpaceX and a “triple blow” narrative (program risk, geopolitical production delays, legal/class action exposure), which has driven negative sentiment and selling. TipRanks: Boeing loses ground to SpaceX Seeking Alpha: The Triple Blow
- Negative Sentiment: Boeing warned that the Iran war could slow production, increasing the risk of delivery delays and revenue disruption for commercial jets — a concrete operational headwind. Boeing cites Iran war for delays
- Negative Sentiment: A judge allowed shareholders to pursue a class action related to 737 MAX safety issues, keeping legal and reputational risk active and potentially increasing future liabilities and distraction for management. Class action allowed
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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