Brokerages Set The Boeing Company (NYSE:BA) PT at $262.32

Shares of The Boeing Company (NYSE:BA) have been given a consensus rating of “Moderate Buy” by the twenty-three analysts that are currently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation, fifteen have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $262.3158.

BA has been the topic of a number of analyst reports. Tigress Financial lifted their price target on Boeing from $290.00 to $295.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Jefferies Financial Group reiterated a “buy” rating on shares of Boeing in a report on Wednesday, March 4th. Citigroup lifted their price target on Boeing from $256.00 to $260.00 and gave the company a “buy” rating in a report on Monday, May 18th. Wolfe Research reiterated an “outperform” rating and issued a $275.00 price target on shares of Boeing in a report on Thursday, April 23rd. Finally, Morgan Stanley lifted their price target on Boeing from $245.00 to $250.00 and gave the company an “equal weight” rating in a report on Thursday, April 23rd.

Insider Activity

In related news, Director Bradley D. Tilden purchased 1,370 shares of the business’s stock in a transaction dated Wednesday, May 20th. The shares were acquired at an average cost of $218.50 per share, for a total transaction of $299,345.00. Following the acquisition, the director owned 1,370 shares of the company’s stock, valued at $299,345. The trade was a ? increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.10% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Ballast Advisors LLC purchased a new position in shares of Boeing in the 1st quarter valued at $80,000. Sapient Capital LLC purchased a new position in shares of Boeing in the 1st quarter valued at $468,000. FAS Wealth Partners Inc. grew its stake in Boeing by 37.3% during the 1st quarter. FAS Wealth Partners Inc. now owns 20,230 shares of the aircraft producer’s stock worth $4,026,000 after buying an additional 5,501 shares during the last quarter. Pine Valley Investments Ltd Liability Co grew its stake in Boeing by 1.7% during the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 7,713 shares of the aircraft producer’s stock worth $1,535,000 after buying an additional 128 shares during the last quarter. Finally, Optiver Holding B.V. purchased a new position in Boeing during the 1st quarter worth $886,000. 64.82% of the stock is currently owned by hedge funds and other institutional investors.

Key Boeing News

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing’s experimental Q4S quantum networking satellite cleared a key ground-testing milestone, supporting the company’s longer-term space and communications ambitions. Boeing (BA) Reaches A Key Q4S Quantum Satellite Test Milestone
• Positive Sentiment: British Airways flying more Boeing 787-10 Dreamliners highlights continued demand for Boeing aircraft in commercial aviation. British Airways is suddenly flying its Boeing 787-10 Dreamliners more than ever
• Neutral Sentiment: Boeing named a new Southeast Asia leader, a management update that may help regional execution but is unlikely to move the stock on its own. Boeing Names New Southeast Asia Leader
• Neutral Sentiment: Several commentary pieces compared Boeing with Airbus or discussed valuation after recent operational scrutiny, reinforcing that investors are weighing upside against execution risk. Boeing (BA) Stock After Recent Operational Scrutiny Is The Current Valuation Attractive
• Negative Sentiment: Articles flagged Boeing as falling more than the broader market and cited ongoing operational concerns, which likely pressured sentiment. Boeing (BA) Registers a Bigger Fall Than the Market: Important Facts to Note
• Negative Sentiment: Coverage about growing competition in aerospace suggests Boeing faces pressure from rivals, which can weigh on the stock. Growing Competition Sends Boeing Stock (NYSE:BA) Down

Boeing Trading Down 1.7%

Shares of NYSE BA opened at $216.98 on Wednesday. The company has a quick ratio of 0.35, a current ratio of 1.18 and a debt-to-equity ratio of 7.42. The business has a fifty day simple moving average of $224.23 and a two-hundred day simple moving average of $223.28. The firm has a market cap of $171.05 billion, a PE ratio of 105.33 and a beta of 1.19. Boeing has a twelve month low of $176.77 and a twelve month high of $254.35.

Boeing (NYSE:BA) last issued its earnings results on Wednesday, April 22nd. The aircraft producer reported ($0.20) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.68) by $0.48. The firm had revenue of $22.22 billion for the quarter, compared to the consensus estimate of $22.15 billion. The company’s revenue for the quarter was up 14.0% on a year-over-year basis. During the same period last year, the firm earned ($0.49) earnings per share. Analysts expect that Boeing will post -0.15 earnings per share for the current fiscal year.

About Boeing

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.