Boeing (BA) Expected to Announce Quarterly Earnings on Wednesday

Boeing (NYSE:BA) will likely be announcing its Q1 2025 earnings results before the market opens on Wednesday, April 23rd. Analysts expect Boeing to post earnings of ($1.39) per share and revenue of $19.57 billion for the quarter.

Boeing (NYSE:BA) last posted its quarterly earnings data on Tuesday, January 28th. The aircraft producer reported ($5.90) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.60) by ($4.30). During the same period in the prior year, the company posted ($0.47) EPS. On average, analysts expect Boeing to post $-3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Boeing Stock Performance

NYSE BA opened at $159.50 on Tuesday. Boeing has a twelve month low of $128.88 and a twelve month high of $196.95. The stock has a market cap of $119.64 billion, a PE ratio of -8.71 and a beta of 1.24. The firm has a 50-day simple moving average of $165.88 and a 200 day simple moving average of $164.24.

Wall Street Analysts Forecast Growth

A number of analysts have commented on BA shares. Barclays upgraded Boeing from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $190.00 to $210.00 in a research report on Monday, January 6th. Citigroup lifted their price target on shares of Boeing from $207.00 to $210.00 and gave the stock a “buy” rating in a research note on Monday, February 10th. StockNews.com upgraded shares of Boeing to a “sell” rating in a research note on Saturday, April 5th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Boeing from $184.00 to $215.00 and gave the company a “buy” rating in a research report on Thursday, January 2nd. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $200.00 price target on shares of Boeing in a research report on Wednesday, January 29th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $197.11.

Insider Activity at Boeing

In related news, EVP Uma M. Amuluru sold 3,159 shares of the firm’s stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $180.69, for a total value of $570,799.71. Following the completion of the sale, the executive vice president now owns 19,213 shares of the company’s stock, valued at $3,471,596.97. This trade represents a 14.12 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.09% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Boeing

A hedge fund recently bought a new stake in Boeing stock. Revolve Wealth Partners LLC purchased a new stake in The Boeing Company (NYSE:BA) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 1,136 shares of the aircraft producer’s stock, valued at approximately $201,000. Institutional investors own 64.82% of the company’s stock.

Boeing Company Profile

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.