Boeing (NYSE:BA – Get Free Report) had its price objective cut by Susquehanna from $285.00 to $250.00 in a research note issued on Wednesday, Benzinga reports. The brokerage currently has a “positive” rating on the aircraft producer’s stock. Susquehanna‘s price target points to a potential upside of 48.73% from the company’s current price.
BA has been the topic of a number of other reports. Morgan Stanley dropped their price target on Boeing from $225.00 to $195.00 and set an “equal weight” rating on the stock in a report on Wednesday. UBS Group restated a “buy” rating on shares of Boeing in a research note on Wednesday. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Boeing in a research report on Sunday, September 27th. The Goldman Sachs Group reissued a “buy” rating and issued a $238.00 price target on shares of Boeing in a report on Wednesday. Finally, Zacks Research lowered shares of Boeing from a “hold” rating to a “strong sell” rating in a research report on Friday, October 16th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have issued a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $258.27.
View Our Latest Analysis on Boeing
Boeing Stock Down 10.7%
BA opened at $168.09 on Wednesday. Boeing has a 1 year low of $167.41 and a 1 year high of $254.35. The firm’s fifty day moving average price is $199.09 and its two-hundred day moving average price is $218.16.
Boeing (NYSE:BA – Get Free Report) last posted its earnings results on Tuesday, October 27th. The aircraft producer reported ($0.34) EPS for the quarter, missing the consensus estimate of ($0.25) by ($0.09). The business had revenue of $24.19 billion for the quarter, compared to analysts’ expectations of $23.95 billion. During the same quarter in the prior year, the company posted ($7.47) earnings per share. The firm’s quarterly revenue was up 3.9% on a year-over-year basis. Sell-side analysts predict that Boeing will post -1.08 EPS for the current fiscal year.
Hedge Funds Weigh In On Boeing
Large investors have recently modified their holdings of the business. Highland Investment Advisors LLC purchased a new stake in shares of Boeing during the second quarter worth $26,000. Strategic Wealth Advisors LLC bought a new position in shares of Boeing in the second quarter worth $27,000. Bell Investment Advisors Inc purchased a new position in shares of Boeing in the second quarter valued at $29,000. Security National Bank of SO Dak purchased a new position in shares of Boeing in the second quarter valued at $30,000. Finally, Retirement Wealth Solutions LLC raised its stake in shares of Boeing by 3,575.0% during the 3rd quarter. Retirement Wealth Solutions LLC now owns 147 shares of the aircraft producer’s stock valued at $27,000 after purchasing an additional 143 shares during the period. Hedge funds and other institutional investors own 64.82% of the company’s stock.
Boeing News Roundup
Here are the key news stories impacting Boeing this week:
- Positive Sentiment: Boeing reported third-quarter revenue of $24.19 billion, up 3.9% year over year, while operating cash flow reached $1.5 billion and free cash flow was positive for a second consecutive quarter. The company also narrowed its full-year free-cash-flow target to approximately $2 billion. Boeing Reports Third Quarter Results
- Positive Sentiment: Total backlog increased to a record $745 billion, including more than 6,300 commercial aircraft. Boeing also received FAA certification milestones for the 737-7 and 737-10 and was selected by the U.S. Navy for the F/A-XX fighter program, supporting its long-term revenue outlook. Boeing’s Backlog Grew to $745 Billion
- Positive Sentiment: Citi maintained a Buy rating and a $260 price target, arguing that Boeing’s long-term cash-flow potential outweighs near-term weakness and delayed milestones. Analyst Reaffirms Buy on Boeing
- Neutral Sentiment: The 737 MAX 10’s certification removes a significant regulatory overhang, but deliveries will still depend on approvals in markets including Canada and Europe, as well as Boeing’s ability to stabilize factory output.
- Negative Sentiment: Boeing’s adjusted loss of $0.34 per share missed the consensus estimate of a $0.25 loss. Commercial Airplanes posted a $697 million operating loss, reflecting production costs, supply-chain pressure and an unfavorable delivery mix. Boeing Jetliner Production Challenges
- Negative Sentiment: Management pushed the 737 production ramp to 47 aircraft per month and delayed the 52-per-month target until late 2027. The company also acknowledged that its 500-aircraft full-year delivery goal is likely unattainable, raising concerns that the turnaround and cash-flow recovery will take longer.
- Negative Sentiment: Boeing halted share buybacks during the third quarter to prioritize liquidity, while a law firm announced an investigation into potential securities claims involving former Spirit AeroSystems investors who received Boeing shares in the 2025 merger. Boeing Halts Share Buybacks
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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