Zacks Research Comments on Boeing’s Q3 Earnings (NYSE:BA)

The Boeing Company (NYSE:BA) – Stock analysts at Zacks Research cut their Q3 2026 earnings estimates for shares of Boeing in a research note issued to investors on Wednesday, December 3rd. Zacks Research analyst Team now expects that the aircraft producer will earn $0.05 per share for the quarter, down from their prior forecast of $0.06. Zacks Research currently has a “Hold” 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 Q1 2027 earnings at $0.98 EPS, Q2 2027 earnings at $0.20 EPS and FY2027 earnings at $2.11 EPS.

Several other equities analysts have also commented on the company. JPMorgan Chase & Co. reduced their price objective on Boeing from $251.00 to $240.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. Loop Capital set a $223.00 target price on Boeing in a research note on Monday, November 3rd. Weiss Ratings reissued a “sell (d-)” rating on shares of Boeing in a research note on Wednesday, October 8th. Sanford C. Bernstein restated an “outperform” rating and issued a $267.00 price objective on shares of Boeing in a report on Friday, November 14th. Finally, Jefferies Financial Group set a $255.00 target price on shares of Boeing in a report on Tuesday, September 30th. Three analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, four have issued a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat.com, Boeing has an average rating of “Moderate Buy” and an average target price of $232.09.

Boeing Stock Up 0.1%

NYSE BA opened at $202.04 on Friday. The stock’s 50-day simple moving average is $204.25 and its two-hundred day simple moving average is $214.13. Boeing has a twelve month low of $128.88 and a twelve month high of $242.69. The company has a market capitalization of $153.57 billion, a price-to-earnings ratio of -14.77 and a beta of 1.18.

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

Insiders Place Their Bets

In related news, EVP Uma M. Amuluru sold 1,366 shares of the business’s stock in a transaction dated Thursday, November 6th. The stock was sold at an average price of $197.66, for a total transaction of $270,003.56. Following the transaction, the executive vice president owned 14,656 shares in the company, valued at $2,896,904.96. The trade was a 8.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Dana S. Deasy purchased 554 shares of the stock in a transaction on Monday, November 24th. The shares were acquired at an average cost of $178.88 per share, with a total value of $99,099.52. Following the transaction, the senior vice president directly owned 28,442 shares in the company, valued at $5,087,704.96. The trade was a 1.99% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.09% of the stock is owned by company insiders.

Hedge Funds Weigh In On Boeing

Several hedge funds have recently made changes to their positions in the business. Revolve Wealth Partners LLC bought a new position in Boeing in the 4th quarter worth $201,000. Exencial Wealth Advisors LLC raised its stake in Boeing by 2.3% in the first quarter. Exencial Wealth Advisors LLC now owns 4,526 shares of the aircraft producer’s stock worth $772,000 after buying an additional 101 shares in the last quarter. Nicholas Hoffman & Company LLC. raised its stake in Boeing by 229.6% in the first quarter. Nicholas Hoffman & Company LLC. now owns 4,479 shares of the aircraft producer’s stock worth $764,000 after buying an additional 3,120 shares in the last quarter. Hemington Wealth Management lifted its holdings in Boeing by 17.9% in the first quarter. Hemington Wealth Management now owns 567 shares of the aircraft producer’s stock worth $96,000 after buying an additional 86 shares during the period. Finally, Primecap Management Co. CA boosted its position in Boeing by 17.9% during the 1st quarter. Primecap Management Co. CA now owns 376,420 shares of the aircraft producer’s stock valued at $64,198,000 after acquiring an additional 57,120 shares in 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.