Zacks Research Issues Positive Forecast for Boeing Earnings

The Boeing Company (NYSE:BA) – Equities researchers at Zacks Research boosted their Q2 2026 earnings per share (EPS) estimates for shares of Boeing in a report released on Thursday, September 18th. Zacks Research analyst Team now anticipates that the aircraft producer will post earnings of $0.42 per share for the quarter, up from their previous forecast of $0.28. The consensus estimate for Boeing’s current full-year earnings is ($2.58) per share.

Boeing (NYSE:BA) last issued its quarterly earnings data on Tuesday, July 29th. The aircraft producer reported ($1.24) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.92) by ($0.32). The company had revenue of $22.75 billion during the quarter, compared to analysts’ expectations of $20.13 billion. During the same period in the prior year, the company earned ($2.90) EPS. Boeing’s revenue was up 34.9% on a year-over-year basis.

Several other research analysts also recently issued reports on BA. The Goldman Sachs Group set a $212.00 price objective on Boeing and gave the stock a “buy” rating in a research report on Thursday, June 12th. Redburn Atlantic upgraded Boeing from a “hold” rating to a “strong-buy” rating and boosted their price target for the company from $180.00 to $275.00 in a report on Friday, June 27th. Rothschild & Co Redburn upgraded Boeing from a “neutral” rating to a “buy” rating and set a $275.00 price target for the company in a report on Friday, June 27th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Boeing in a report on Monday, July 14th. Finally, KGI Securities upgraded Boeing from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 24th. Three analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $230.77.

Boeing Price Performance

Shares of Boeing stock opened at $216.30 on Monday. Boeing has a 1 year low of $128.88 and a 1 year high of $242.69. The company has a market capitalization of $163.56 billion, a P/E ratio of -13.10 and a beta of 1.48. The business has a 50 day moving average price of $227.33 and a 200 day moving average price of $201.83.

Insiders Place Their Bets

In related news, EVP David Christopher Raymond sold 3,771 shares of the company’s stock in a transaction on Friday, August 8th. The shares were sold at an average price of $229.94, for a total transaction of $867,103.74. Following the completion of the sale, the executive vice president directly owned 35,873 shares of the company’s stock, valued at approximately $8,248,637.62. This represents a 9.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Mortimer J. Buckley purchased 2,200 shares of the firm’s stock in a transaction that occurred on Tuesday, August 19th. The shares were acquired at an average cost of $226.10 per share, with a total value of $497,420.00. Following the completion of the transaction, the director owned 2,200 shares in the company, valued at $497,420. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. 0.09% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Boeing

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BA. Harbor Asset Planning Inc. purchased a new position in Boeing in the 2nd quarter valued at about $25,000. American National Bank & Trust boosted its position in Boeing by 474.1% in the 1st quarter. American National Bank & Trust now owns 155 shares of the aircraft producer’s stock valued at $26,000 after buying an additional 128 shares during the last quarter. Piscataqua Savings Bank boosted its position in Boeing by 1,712.5% in the 2nd quarter. Piscataqua Savings Bank now owns 145 shares of the aircraft producer’s stock valued at $30,000 after buying an additional 137 shares during the last quarter. REAP Financial Group LLC boosted its position in Boeing by 60.2% in the 4th quarter. REAP Financial Group LLC now owns 173 shares of the aircraft producer’s stock valued at $31,000 after buying an additional 65 shares during the last quarter. Finally, Dogwood Wealth Management LLC boosted its position in Boeing by 167.2% in the 4th quarter. Dogwood Wealth Management LLC now owns 179 shares of the aircraft producer’s stock valued at $32,000 after buying an additional 112 shares during the last quarter. 64.82% of the stock is owned by hedge funds and other institutional investors.

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.