Boeing (NYSE:BA – Get Free Report) had its price target hoisted by stock analysts at Citigroup from $270.00 to $290.00 in a research note issued on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the aircraft producer’s stock. Citigroup’s target price would indicate a potential upside of 23.86% from the stock’s current price.
Other research analysts also recently issued research reports about the company. New Street Research set a $257.00 price objective on Boeing in a research note on Tuesday, December 9th. Tigress Financial reissued a “buy” rating and issued a $275.00 price target on shares of Boeing in a report on Monday, December 29th. Deutsche Bank Aktiengesellschaft downgraded shares of Boeing from a “buy” rating to a “hold” rating and set a $240.00 price objective for the company. in a report on Thursday, October 30th. Loop Capital set a $223.00 price objective on shares of Boeing in a research report on Monday, November 3rd. Finally, BNP Paribas Exane set a $150.00 target price on shares of Boeing in a research report on Tuesday, November 18th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, three have given a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Boeing has an average rating of “Moderate Buy” and a consensus price target of $245.65.
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Boeing Stock Down 3.1%
Boeing (NYSE:BA – Get Free Report) last posted its earnings results on Tuesday, January 27th. The aircraft producer reported $9.92 EPS for the quarter, topping the consensus estimate of ($0.40) by $10.32. The firm had revenue of $23.95 billion for the quarter, compared to the consensus estimate of $22.41 billion. Boeing’s quarterly revenue was up 57.1% compared to the same quarter last year. During the same period in the prior year, the business earned ($5.90) EPS. Research analysts predict that Boeing will post -2.58 EPS for the current fiscal year.
Insiders Place Their Bets
In other Boeing news, EVP Uma M. Amuluru sold 1,366 shares of the stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $197.66, for a total transaction of $270,003.56. Following the sale, the executive vice president owned 14,656 shares in the company, valued at $2,896,904.96. This represents a 8.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Dana S. Deasy purchased 554 shares of Boeing stock in a transaction dated Monday, November 24th. The stock was bought at an average price of $178.88 per share, with a total value of $99,099.52. Following the completion of the transaction, the senior vice president owned 28,442 shares of the company’s stock, valued at $5,087,704.96. This represents a 1.99% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.09% of the company’s stock.
Institutional Trading of Boeing
A number of large investors have recently modified their holdings of the business. Harbor Asset Planning Inc. bought a new stake in Boeing during the second quarter valued at approximately $25,000. Measured Wealth Private Client Group LLC bought a new position in shares of Boeing in the 3rd quarter worth $25,000. American National Bank & Trust raised its position in shares of Boeing by 124.2% during the 4th quarter. American National Bank & Trust now owns 139 shares of the aircraft producer’s stock valued at $30,000 after buying an additional 77 shares in the last quarter. Reyes Financial Architecture Inc. bought a new stake in shares of Boeing during the 3rd quarter worth $32,000. Finally, Davis Capital Management purchased a new position in Boeing in the third quarter worth $33,000. Institutional investors own 64.82% of the company’s stock.
More Boeing News
Here are the key news stories impacting Boeing this week:
- Positive Sentiment: Strong quarter — Boeing reported a better-than-expected Q4 with a large EPS beat and double‑digit revenue growth, which has supported the rebound in sentiment. Read More.
- Positive Sentiment: Order flow pickup — Air India added 30 more 737 MAX jets, boosting Boeing’s single‑aisle backlog; Boeing also won additional military work (MH‑139A) that diversifies near‑term revenue. Read More. · Read More.
- Positive Sentiment: Analyst bullishness — Several firms raised price targets and upgraded BA after the quarter (JPMorgan, Citi, RBC among those cited), giving upside thesis room. Read More.
- Neutral Sentiment: Long‑term demand thesis intact — Boeing projects significant fleet additions in India/South Asia over 20 years, supporting long‑run market opportunity even if near‑term conversion is slow. Read More.
- Neutral Sentiment: R&D and sustainability partnerships — Collaboration on sustainable aviation fuel (Technion) signals longer‑term positioning but limited immediate revenue impact. Read More.
- Negative Sentiment: Production/supply‑chain strains — Multiple reports flag mounting supply‑chain issues that are slowing build rates and could cap deliveries despite strong backlog, a key near‑term earnings lever. Read More.
- Negative Sentiment: Delivery pace remains the real test — Commentary argues that 737 MAX deliveries per month determine how backlog turns into revenue; investors are worried deliveries won’t ramp fast enough. Read More.
- Negative Sentiment: Inventory/finished‑goods risks — Analysts warn Boeing’s finished‑goods cushion is shrinking, which could amplify volatility if production hiccups persist. Read More.
- Negative Sentiment: Investor fatigue — High‑profile criticism (e.g., Jim Cramer) highlights that some investors remain skeptical after repeated missteps, which can pressure the stock when mixed news arrives. Read More.
Boeing Company Profile
Boeing Company (NYSE: BA) is an American multinational corporation that designs, manufactures and services commercial airplanes, defense systems, and space and security technologies. Founded in 1916 by William E. Boeing in Seattle, the company today operates as an integrated aerospace and defense contractor with a global customer base. Boeing relocated its corporate headquarters to Arlington, Virginia in 2022 and maintains extensive engineering, manufacturing and service operations across the United States and around the world.
Boeing’s principal lines of business include Commercial Airplanes, which produces and supports a range of jetliners used by airlines globally; Defense, Space & Security, which develops military aircraft, rotorcraft, surveillance and reconnaissance systems, satellites, and launch and missile systems; and Boeing Global Services, which provides aftermarket maintenance, training, spare parts, digital analytics and logistics support.
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