Boeing (NYSE:BA – Free Report) had its price objective lowered by JPMorgan Chase & Co. from $290.00 to $240.00 in a research report released on Wednesday,Benzinga reports. The brokerage currently has an overweight rating on the aircraft producer’s stock.
Several other research analysts also recently issued reports on the company. Argus raised Boeing from a “hold” rating to a “buy” rating and set a $265.00 price objective for the company in a research note on Tuesday, August 11th. Wells Fargo & Company cut their target price on shares of Boeing from $250.00 to $210.00 and set an “overweight” rating on the stock in a research report on Wednesday. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Boeing from $244.00 to $248.00 and gave the stock a “hold” rating in a report on Wednesday, July 29th. Langenberg & Company set a $250.00 price target on shares of Boeing in a research report on Tuesday. Finally, Citigroup downgraded shares of Boeing from a “buy” rating to a “sell” rating in a research note on Tuesday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $246.92.
Read Our Latest Stock Report on Boeing
Boeing Stock Down 0.7%
Shares of NYSE:BA opened at $171.41 on Wednesday. The company has a fifty day moving average of $196.12 and a 200-day moving average of $217.21. The company has a current ratio of 1.13, a quick ratio of 0.33 and a debt-to-equity ratio of 6.31. Boeing has a 52-week low of $165.01 and a 52-week high of $254.35.
Boeing (NYSE:BA – Get Free Report) last released its quarterly earnings data on Tuesday, October 27th. The aircraft producer reported ($0.34) earnings per share for the quarter, missing the consensus estimate of ($0.25) by ($0.09). The firm had revenue of $24.19 billion for the quarter, compared to analyst estimates of $23.95 billion. Boeing had a net margin of 7.98% and a negative return on equity of 42.40%. The company’s revenue was up 3.9% compared to the same quarter last year. During the same period last year, the business earned ($7.47) EPS. Analysts forecast that Boeing will post -1.48 EPS for the current year.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the company. Richardson Financial Services Inc. boosted its position in Boeing by 73.7% during the 3rd quarter. Richardson Financial Services Inc. now owns 726 shares of the aircraft producer’s stock valued at $135,000 after buying an additional 308 shares during the period. Ascent Group LLC grew its holdings in Boeing by 2.0% in the 3rd quarter. Ascent Group LLC now owns 27,547 shares of the aircraft producer’s stock worth $5,125,000 after acquiring an additional 527 shares during the last quarter. Signet Investment Advisory Group Inc. bought a new stake in Boeing in the 3rd quarter worth $214,000. Rakuten Investment Management Inc. increased its position in shares of Boeing by 10.0% in the third quarter. Rakuten Investment Management Inc. now owns 139,165 shares of the aircraft producer’s stock valued at $26,118,000 after acquiring an additional 12,632 shares during the period. Finally, MFG Investments LLC purchased a new position in shares of Boeing in the third quarter valued at about $439,000. Institutional investors and hedge funds own 64.82% of the company’s stock.
Boeing News Roundup
Here are the key news stories impacting Boeing this week:
- Positive Sentiment: Boeing is positioned to receive a sole-source contract worth up to $945.9 million from the U.S. Space Force for MILSATCOM sustainment, strengthening its defense and space backlog. Boeing To Receive Up to $945.9 Million Sole Source Contract for MILSATCOM Sustainment
- Positive Sentiment: Boeing’s 2026 air-cargo forecast projects global freight traffic will double by 2045, supporting potential demand for nearly 3,000 new and converted freighters over the next two decades. Boeing Sees Air Cargo Traffic Doubling By 2045
- Positive Sentiment: Growth in satellite reconnaissance, driven by defense spending, synthetic-aperture radar and artificial intelligence, provides a favorable long-term backdrop for Boeing’s space and defense activities. Global Satellite Reconnaissance Market Size, Trends and Forecast Report 2026
- Neutral Sentiment: Analysts at Susquehanna added coverage or otherwise expressed support for Boeing, but the broader analyst reaction remains mixed. Boeing Stock Picked Up by Analysts at Susquehanna
- Negative Sentiment: Boeing’s quarterly EPS loss of $0.34 missed the consensus loss estimate of $0.25. Although revenue exceeded expectations and increased year over year, the earnings shortfall renewed concerns about execution and profitability.
- Negative Sentiment: Analysts at JPMorgan, Baird, Morgan Stanley, Wells Fargo and TD Cowen lowered their Boeing price targets or issued cautious forecasts, signaling reduced confidence in the pace of the turnaround. Boeing Stock Price Target Cut by Morgan Stanley
- Negative Sentiment: Recent commentary argues that Boeing’s anticipated $10 billion cash-flow recovery has been pushed out, making the company’s high leverage and balance-sheet weakness more important to investors. Boeing: A $10 Billion Cash Flow Dream Delayed
- Negative Sentiment: A law firm is investigating potential securities-law violations, adding headline and litigation risk, although no wrongdoing has been established. Kaplan Fox Investigation
Boeing Company Profile
The Boeing Company (NYSE: BA) is a global aerospace company that designs, manufactures and supports commercial airplanes, military aircraft, satellites, space systems and related products and services. Its offerings serve airlines, government agencies, defense organizations and other customers worldwide.
Boeing operates through three principal business areas: Commercial Airplanes, which develops and produces passenger and cargo aircraft; Defense, Space & Security, which provides military aircraft, weapons systems, satellites and space-related platforms; and Global Services, which offers parts, maintenance, training, engineering and other lifecycle support.
Founded in 1916 by William Boeing, the company has grown into one of the world’s major aerospace manufacturers.
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