Boeing (NYSE:BA – Get Free Report) had its price objective cut by equities research analysts at BNP Paribas Exane from $265.00 to $205.00 in a research report issued to clients and investors on Wednesday, Benzinga reports. The firm presently has an “outperform” rating on the aircraft producer’s stock. BNP Paribas Exane‘s target price would indicate a potential upside of 22.79% from the company’s previous close.
Several other analysts have also weighed in on BA. Wells Fargo & Company cut their price objective on Boeing from $250.00 to $210.00 and set an “overweight” rating for the company in a report on Wednesday. Langenberg & Company set a $250.00 price target on shares of Boeing in a research report on Tuesday. Tigress Financial upped their price target on shares of Boeing from $295.00 to $305.00 and gave the company a “buy” rating in a report on Thursday, August 6th. William Blair restated an “outperform” rating on shares of Boeing in a research report on Wednesday, September 30th. Finally, DZ Bank reaffirmed a “buy” rating on shares of Boeing in a research note on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $252.69.
Read Our Latest Stock Analysis on BA
Boeing Price Performance
Shares of NYSE:BA traded down $1.24 during trading on Wednesday, reaching $166.94. The company had a trading volume of 14,283,829 shares, compared to its average volume of 7,045,207. The firm’s fifty day moving average is $199.09 and its 200 day moving average is $218.16. The firm has a market capitalization of $131.95 billion, a PE ratio of 72.24 and a beta of 1.26. Boeing has a twelve month low of $165.01 and a twelve month high of $254.35. The company has a debt-to-equity ratio of 6.77, a quick ratio of 0.33 and a current ratio of 1.14.
Boeing (NYSE:BA – Get Free Report) last posted its quarterly earnings data on Tuesday, October 27th. The aircraft producer reported ($0.34) EPS for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.09). Boeing had a net margin of 2.41% and a negative return on equity of 346.82%. The company had revenue of $24.19 billion for the quarter, compared to analyst estimates of $23.95 billion. During the same quarter in the prior year, the business earned ($7.47) EPS. Boeing’s revenue was up 3.9% compared to the same quarter last year. On average, equities analysts forecast that Boeing will post -1.08 EPS for the current year.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in the stock. Highland Investment Advisors LLC acquired a new stake in Boeing during the second quarter valued at $26,000. Strategic Wealth Advisors LLC purchased a new stake in shares of Boeing during the 2nd quarter worth about $27,000. Bell Investment Advisors Inc purchased a new stake in shares of Boeing during the 2nd quarter worth about $29,000. Security National Bank of SO Dak acquired a new stake in shares of Boeing during the 2nd quarter valued at about $30,000. Finally, Retirement Wealth Solutions LLC grew its stake in shares of Boeing by 3,575.0% in the 3rd quarter. Retirement Wealth Solutions LLC now owns 147 shares of the aircraft producer’s stock valued at $27,000 after buying an additional 143 shares in the last quarter. Institutional investors and hedge funds own 64.82% of the company’s stock.
Key Stories Impacting Boeing
Here are the key news stories impacting Boeing this week:
- Positive Sentiment: Boeing reported a record $745 billion backlog, including more than 6,300 commercial aircraft, while third-quarter revenue rose about 4% year over year to $24.19 billion. Defense revenue increased 15%, and operating cash flow reached $1.5 billion. Boeing Reports Third Quarter Results
- Positive Sentiment: Management is targeting approximately $10 billion in free cash flow by 2029, supported by higher aircraft deliveries, defense growth and improving 787 margins. Analysts including Citi, Langenberg and Susquehanna remain bullish, with targets ranging from $250 to $260. Boeing Q3 Earnings Call Highlights
- Positive Sentiment: Boeing expects air-cargo traffic to double by 2045, potentially requiring nearly 3,000 new or converted freighters. CEO Kelly Ortberg also said elevated fuel prices could encourage airlines to replace older, less-efficient aircraft, supporting long-term order demand. Boeing Global Freighter Fleet Forecast
- Neutral Sentiment: The FAA certified Boeing’s 737-7 and 737-10, removing an important regulatory overhang and potentially expanding future delivery opportunities. However, the financial benefit depends on Boeing’s ability to scale production efficiently. Boeing Backlog and 737 MAX 10 Certification
- Negative Sentiment: Adjusted third-quarter loss was $0.34 per share, missing the expected $0.25 loss, while Commercial Airplanes posted a $697 million operating loss. Boeing pushed its 737 production ramp toward 2027, raising doubts about the pace of its turnaround and delivery targets. Boeing Jetliner Production Challenges
- Negative Sentiment: Several firms cut price targets, including Wells Fargo and TD Cowen to $210, Baird to $230 and Morgan Stanley to $195. Boeing also paused share buybacks, signaling that management is prioritizing liquidity over shareholder returns. Boeing Analysts Cut Forecasts
- Negative Sentiment: A law firm announced an investigation into potential securities claims related to Boeing’s 2025 merger with Spirit AeroSystems, adding a separate legal-risk overhang for investors. Boeing Spirit AeroSystems Investigation Notice
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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