The Boeing Company (NYSE:BA) Stock Has Consensus Price Target of $266.96

The Boeing Company (NYSE:BA) has been assigned an average recommendation of “Moderate Buy” from the twenty-seven research firms that are currently covering the stock, Marketbeat reports. Four research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation, eighteen have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $266.96.

A number of equities research analysts have recently weighed in on BA shares. Argus raised shares of Boeing from a “hold” rating to a “buy” rating and set a $265.00 price objective on the stock in a report on Tuesday, August 11th. UBS Group reissued a “buy” rating on shares of Boeing in a research report on Tuesday, September 29th. DZ Bank reissued a “buy” rating on shares of Boeing in a research report on Thursday, August 6th. Citigroup downgraded shares of Boeing from a “buy” rating to a “sell” rating in a research report on Tuesday, August 11th. Finally, Robert W. Baird set a $300.00 price target on shares of Boeing and gave the company an “outperform” rating in a report on Wednesday, July 29th.

Institutional Investors Weigh In On Boeing

Hedge funds have recently bought and sold shares of the stock. Highland Investment Advisors LLC acquired a new stake in Boeing in the 2nd quarter valued at $26,000. Strategic Wealth Advisors LLC purchased a new stake in Boeing in the 2nd quarter worth $27,000. Retirement Wealth Solutions LLC raised its position in Boeing by 3,575.0% during the third quarter. Retirement Wealth Solutions LLC now owns 147 shares of the aircraft producer’s stock worth $27,000 after acquiring an additional 143 shares during the period. Bayban acquired a new position in Boeing during the fourth quarter worth $29,000. Finally, Bell Investment Advisors Inc acquired a new position in Boeing during the second quarter worth $29,000. Hedge funds and other institutional investors own 64.82% of the company’s stock.

Boeing Stock Down 2.5%

BA stock opened at $187.46 on Tuesday. Boeing has a one year low of $176.77 and a one year high of $254.35. The firm has a 50-day simple moving average of $201.61 and a two-hundred day simple moving average of $215.33. The company has a debt-to-equity ratio of 6.77, a current ratio of 1.14 and a quick ratio of 0.33.

Boeing (NYSE:BA) last released its quarterly earnings results on Tuesday, July 28th. The aircraft producer reported ($0.76) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.34) by ($0.42). Boeing had a negative return on equity of 346.82% and a net margin of 2.41%. The firm had revenue of $24.56 billion during the quarter, compared to analysts’ expectations of $24.26 billion. During the same period in the prior year, the firm posted ($1.24) earnings per share. Boeing’s revenue for the quarter was up 8.0% compared to the same quarter last year. As a group, research analysts forecast that Boeing will post -1.08 earnings per share for the current year.

More Boeing News

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: The FAA granted final certification to the 737 MAX 10, clearing the way for deliveries of an aircraft with approximately 1,555 orders. The approval could help Boeing compete more effectively with Airbus’ A321neo and ease a key delivery bottleneck. Boeing 737 MAX 10 certification
• Positive Sentiment: Analysts said MAX 10 approval could support more stable production and deliveries as aircraft demand builds in 2027 and 2028, potentially improving Boeing’s cash flow and turnaround prospects. Boeing wins FAA certification
• Neutral Sentiment: Boeing is scheduled to report third-quarter results before the market opens on October 27. Analysts are focused on aircraft deliveries, services demand, production rates and other operating metrics, with some forecasts calling for double-digit earnings growth. Boeing earnings preview
• Negative Sentiment: Investors still face execution concerns ahead of earnings, including supply-chain delays, the need to ramp 737 MAX production and Boeing’s negative return on invested capital. These issues could limit the benefit of the MAX 10 certification if deliveries and profitability do not improve. Boeing stock before earnings
• Negative Sentiment: The certification news has not translated into sustained buying, likely because approval was widely expected. With Boeing trading at a high earnings multiple and carrying substantial leverage, investors may be demanding clearer evidence of improving cash generation before bidding the shares higher. Boeing receives FAA approval

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.