Boeing (NYSE:BA – Get Free Report) had its target price reduced by equities research analysts at Royal Bank Of Canada from $275.00 to $265.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage presently has an “outperform” rating on the aircraft producer’s stock. Royal Bank Of Canada’s price objective indicates a potential upside of 22.37% from the company’s current price.
BA has been the subject of a number of other reports. Weiss Ratings reissued a “sell (d+)” rating on shares of Boeing in a research note on Tuesday, July 21st. Morgan Stanley boosted their price target on shares of Boeing from $245.00 to $250.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 23rd. Tigress Financial lifted their price objective on shares of Boeing from $290.00 to $295.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Btg Pactual set a $260.00 price objective on Boeing in a research note on Tuesday, July 14th. Finally, Robert W. Baird set a $300.00 target price on Boeing in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $263.37.
Check Out Our Latest Research Report on BA
Boeing Trading Down 2.3%
Boeing (NYSE:BA – Get Free Report) last posted its earnings results on Tuesday, July 28th. The aircraft producer reported ($0.76) earnings per share for the quarter, missing the consensus estimate of ($0.34) by ($0.42). The company had revenue of $24.56 billion for the quarter, compared to the consensus estimate of $24.26 billion. The business’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same period last year, the firm earned ($1.24) earnings per share. On average, equities analysts expect that Boeing will post -0.33 earnings per share for the current fiscal year.
Insiders Place Their Bets
In related news, Director Bradley D. Tilden acquired 1,370 shares of the stock in a transaction dated Wednesday, May 20th. The stock was acquired at an average cost of $218.50 per share, for a total transaction of $299,345.00. Following the completion of the purchase, the director owned 1,370 shares of the company’s stock, valued at approximately $299,345. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.10% of the company’s stock.
Institutional Trading of Boeing
Institutional investors and hedge funds have recently made changes to their positions in the business. Measured Wealth Private Client Group LLC acquired a new stake in Boeing in the 3rd quarter valued at $25,000. Strive Financial Group LLC acquired a new stake in shares of Boeing in the fourth quarter valued at about $25,000. Ares Financial Consulting LLC purchased a new stake in shares of Boeing during the fourth quarter worth about $26,000. CrossGen Wealth LLC purchased a new stake in shares of Boeing during the fourth quarter worth about $26,000. Finally, Strategic Wealth Advisors LLC acquired a new position in shares of Boeing during the 4th quarter worth about $27,000. 64.82% of the stock is currently owned by hedge funds and other institutional investors.
Trending Headlines about Boeing
Here are the key news stories impacting Boeing this week:
- Positive Sentiment: Improving operating performance: Second-quarter revenue rose 8% year over year to $24.6 billion, supported by 171 commercial aircraft deliveries—the highest quarterly level since 2018. Boeing also generated approximately $0.6 billion in free cash flow and $1.4 billion in operating cash flow. Boeing Q2 results and cash-flow reaffirmation
- Positive Sentiment: Cash guidance reaffirmed: Management maintained its 2026 free-cash-flow outlook of $1 billion to $3 billion, reinforcing the view that production increases and customer payments are helping the turnaround. Reuters Boeing earnings report
- Positive Sentiment: Record backlog and regulatory progress: Total backlog reached a record $715.3 billion, including more than 6,200 commercial aircraft. The FAA also restored Boeing’s ability to self-certify airworthiness for newly produced 737 MAX and 787 aircraft, potentially reducing delivery bottlenecks. Boeing recovery signs and backlog report
- Neutral Sentiment: Analyst and media enthusiasm: Jim Cramer characterized Boeing as “ready to run,” while some analysts highlighted the backlog and cash-flow improvement. Such commentary may support sentiment but does not change the company’s fundamentals. Jim Cramer Boeing commentary
- Negative Sentiment: Defense losses remain a major risk: Boeing recorded a $280 million additional charge on the delayed Air Force One replacement program, contributing to a core loss of $0.76 per share versus an expected $0.34 loss. Defense, Space & Security moved into an operating loss despite revenue growth. Boeing Air Force One earnings report
- Negative Sentiment: Quality and reputational concerns persist: The FAA directed inspections of seats on 453 737 MAX aircraft after installation issues, while a separate report linked a Boeing aircraft operated by a U.S. contractor to alleged weapons and drone transport for Sudan’s RSF. These developments could increase scrutiny and execution risk. FAA 737 MAX seat inspection report
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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