Zacks Research Analysts Lower Earnings Estimates for Boeing

The Boeing Company (NYSE:BA) – Equities researchers at Zacks Research dropped their Q4 2026 EPS estimates for Boeing in a research note issued on Wednesday, November 19th. Zacks Research analyst Team now forecasts that the aircraft producer will earn $0.23 per share for the quarter, down from their previous estimate of $0.26. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for Boeing’s current full-year earnings is ($2.58) per share. Zacks Research also issued estimates for Boeing’s Q3 2027 earnings at $0.42 EPS.

Boeing (NYSE:BA) last released its quarterly earnings data on Wednesday, October 29th. The aircraft producer reported ($7.47) EPS for the quarter, missing the consensus estimate of ($0.51) by ($6.96). The company had revenue of $23.27 billion during the quarter, compared to the consensus estimate of $21.61 billion. During the same quarter in the previous year, the business earned ($10.44) earnings per share. Boeing’s revenue was up 30.4% compared to the same quarter last year.

Several other brokerages have also issued reports on BA. BNP Paribas set a $150.00 target price on shares of Boeing in a research report on Tuesday. JPMorgan Chase & Co. reduced their price objective on Boeing from $251.00 to $240.00 and set an “overweight” rating for the company in a research note on Thursday, October 30th. Susquehanna lowered their target price on Boeing from $270.00 to $255.00 and set a “positive” rating on the stock in a research report on Wednesday, November 12th. Weiss Ratings reissued a “sell (d-)” rating on shares of Boeing in a report on Wednesday, October 8th. Finally, Bank of America raised their price objective on Boeing from $260.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, three have given a Hold rating and six have issued a Sell rating to the company. According to MarketBeat, Boeing currently has an average rating of “Moderate Buy” and an average target price of $232.09.

Boeing Price Performance

Boeing stock traded up $0.07 during midday trading on Thursday, reaching $185.77. 1,493,778 shares of the company traded hands, compared to its average volume of 8,222,036. Boeing has a 12 month low of $128.88 and a 12 month high of $242.69. The business has a 50 day moving average of $210.44 and a two-hundred day moving average of $214.79. The firm has a market capitalization of $141.20 billion, a price-to-earnings ratio of -13.57 and a beta of 1.44.

Institutional Investors Weigh In On Boeing

Hedge funds have recently made changes to their positions in the company. Wallace Advisory Group LLC boosted its position in shares of Boeing by 1.2% during the 2nd quarter. Wallace Advisory Group LLC now owns 3,570 shares of the aircraft producer’s stock valued at $748,000 after acquiring an additional 44 shares during the last quarter. Aspire Capital Advisors LLC grew its stake in shares of Boeing by 0.8% in the 2nd quarter. Aspire Capital Advisors LLC now owns 5,943 shares of the aircraft producer’s stock worth $1,245,000 after buying an additional 45 shares in the last quarter. Lantz Financial LLC raised its position in shares of Boeing by 1.5% during the 2nd quarter. Lantz Financial LLC now owns 3,072 shares of the aircraft producer’s stock valued at $644,000 after buying an additional 46 shares in the last quarter. Blue Barn Wealth LLC lifted its holdings in shares of Boeing by 1.8% in the 2nd quarter. Blue Barn Wealth LLC now owns 2,594 shares of the aircraft producer’s stock valued at $544,000 after acquiring an additional 46 shares during the last quarter. Finally, N.E.W. Advisory Services LLC grew its position in Boeing by 3.1% in the third quarter. N.E.W. Advisory Services LLC now owns 1,540 shares of the aircraft producer’s stock worth $332,000 after acquiring an additional 46 shares in the last quarter. 64.82% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Boeing

In other Boeing news, EVP Uma M. Amuluru sold 1,366 shares of the stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $197.66, for a total transaction of $270,003.56. Following the completion of the sale, the executive vice president directly owned 14,656 shares of the company’s stock, valued at $2,896,904.96. This trade represents a 8.53% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 0.09% of the company’s stock.

About Boeing

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through Commercial Airplanes; Defense, Space & Security; and Global Services segments.