Research Analysts Issue Forecasts for Boeing FY2026 Earnings

The Boeing Company (NYSE:BA - Free Report) - Investment analysts at William Blair lifted their FY2026 earnings estimates for Boeing in a research report issued to clients and investors on Wednesday, April 23rd. William Blair analyst L. Dipalma now expects that the aircraft producer will post earnings per share of $4.07 for the year, up from their prior estimate of $3.79. The consensus estimate for Boeing's current full-year earnings is ($2.58) per share.

Other equities analysts have also issued reports about the stock. Morgan Stanley upped their price target on shares of Boeing from $175.00 to $185.00 and gave the stock an "equal weight" rating in a research report on Thursday. UBS Group increased their price target on Boeing from $190.00 to $207.00 and gave the stock a "buy" rating in a research note on Thursday. Melius Research set a $204.00 price objective on Boeing in a research report on Monday, March 24th. Barclays upgraded Boeing from an "equal weight" rating to an "overweight" rating and upped their price target for the stock from $190.00 to $210.00 in a research note on Monday, January 6th. Finally, Wells Fargo & Company restated an "underweight" rating and set a $140.00 target price (up previously from $111.00) on shares of Boeing in a research report on Wednesday. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $198.45.

Boeing Price Performance

Shares of BA stock traded up $1.66 during trading hours on Friday, reaching $177.92. 7,635,951 shares of the company traded hands, compared to its average volume of 9,059,394. The firm has a 50-day moving average price of $164.87 and a 200 day moving average price of $164.69. The company has a market cap of $133.46 billion, a P/E ratio of -9.71 and a beta of 1.24. Boeing has a 12-month low of $128.88 and a 12-month high of $196.95.

Boeing (NYSE:BA - Get Free Report) last released its earnings results on Wednesday, April 23rd. The aircraft producer reported ($0.49) earnings per share for the quarter, beating the consensus estimate of ($1.39) by $0.90. The company had revenue of $19.50 billion for the quarter, compared to analysts' expectations of $19.57 billion.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. AdvisorNet Financial Inc raised its position in shares of Boeing by 54.2% in the 4th quarter. AdvisorNet Financial Inc now owns 2,021 shares of the aircraft producer's stock worth $358,000 after acquiring an additional 710 shares in the last quarter. Carnegie Investment Counsel boosted its holdings in shares of Boeing by 175.6% in the 4th quarter. Carnegie Investment Counsel now owns 4,619 shares of the aircraft producer's stock valued at $818,000 after buying an additional 2,943 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Boeing by 6.1% in the 3rd quarter. Principal Financial Group Inc. now owns 666,244 shares of the aircraft producer's stock valued at $101,296,000 after buying an additional 38,332 shares in the last quarter. World Investment Advisors LLC raised its stake in shares of Boeing by 243.4% during the 3rd quarter. World Investment Advisors LLC now owns 5,381 shares of the aircraft producer's stock worth $818,000 after acquiring an additional 3,814 shares in the last quarter. Finally, Amundi lifted its position in Boeing by 473.6% during the fourth quarter. Amundi now owns 1,565,337 shares of the aircraft producer's stock valued at $268,862,000 after acquiring an additional 1,292,417 shares during the last quarter. 64.82% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Boeing

In other news, EVP Uma M. Amuluru sold 3,159 shares of the stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $180.69, for a total transaction of $570,799.71. Following the transaction, the executive vice president now owns 19,213 shares of the company's stock, valued at approximately $3,471,596.97. This represents a 14.12 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.09% of the stock is owned by corporate insiders.

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.