Boeing (NYSE:BA) Releases Earnings Results, Beats Expectations By $0.48 EPS

Key Points

• Boeing posted an adjusted EPS of -$0.20, topping consensus by $0.48, with revenue of $22.22 billion, up 14% year‑over‑year and slightly above estimates.
• Operational momentum continued with 143 deliveries in Q1 and a record backlog of about $695 billion, while regulators see no major obstacles to 737 Max 7/10 certification this year and management outlines a path to roughly $3 billion in free cash flow by 2026.
• Despite progress, the company still faces headwinds: operating cash flow was negative (~-$0.2B) and non‑GAAP free cash flow about -$1.5B, and lingering execution/certification risks plus recent insider selling pose downside risks.

Boeing (NYSE:BA - Get Free Report) posted its quarterly earnings data on Wednesday. The aircraft producer reported ($0.20) earnings per share for the quarter, topping the consensus estimate of ($0.68) by $0.48, FiscalAI reports. The company had revenue of $22.22 billion during the quarter, compared to the consensus estimate of $22.15 billion. During the same quarter last year, the firm earned ($0.49) EPS. The business's revenue for the quarter was up 14.0% on a year-over-year basis.

Boeing Stock Performance

BA stock opened at $231.25 on Thursday. The firm has a market cap of $181.61 billion, a PE ratio of 115.05 and a beta of 1.13. The company has a quick ratio of 0.40, a current ratio of 1.19 and a debt-to-equity ratio of 8.37. The business has a 50 day moving average of $218.31 and a 200-day moving average of $216.85. Boeing has a 12-month low of $169.00 and a 12-month high of $254.35.

Boeing News Roundup

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Q1 beat: Boeing reported revenue of $22.22B (+14% Y/Y) and a narrower-than-expected adjusted loss (non-GAAP -$0.20), topping estimates and signaling operational recovery. Article Title
• Positive Sentiment: Deliveries and backlog momentum: Boeing delivered 143 aircraft in Q1 and reported a record backlog (~$695B), supporting revenue visibility for upcoming years. Article Title
• Positive Sentiment: FAA certification path: Regulators say there are no current roadblocks to 737 Max 7 and Max 10 approvals this year, which would unlock additional deliveries and revenue. Article Title
• Positive Sentiment: Management outlook: CEO sees a path to positive free cash flow (management highlighted a potential ~$3B FCF in 2026), bolstering confidence in the turnaround narrative. Article Title
• Positive Sentiment: Analyst support: William Blair reiterated a Buy rating citing strengthening cash flow, production ramp and margin recovery; other firms have issued upbeat targets this year, lending analyst momentum. Article Title
• Neutral Sentiment: Geopolitical/administration dependencies: Boeing says U.S. government engagement is important to closing some large Chinese airline orders — positive if resolved but introduces political/regulatory timing risk. Article Title
• Neutral Sentiment: Unusual options activity: Elevated call buying suggests speculative bullish positioning into/after the print; watch for short-term volatility from options flows.
• Negative Sentiment: Cash strain remains: operating cash flow was negative (~-$0.2B) and non-GAAP free cash flow was negative (~-$1.5B), highlighting that the turnaround still depends on converting revenue and deliveries into sustained positive cash flow. Press Release
• Negative Sentiment: Execution risks persist: earlier wiring and durability issues and ongoing flight testing mean certification/delivery timelines could still face setbacks, which would pressure the recovery story. Article Title

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Argus raised shares of Boeing to a "hold" rating in a research report on Monday, February 2nd. UBS Group upped their price objective on shares of Boeing from $275.00 to $285.00 and gave the company a "buy" rating in a research report on Wednesday, January 28th. JPMorgan Chase & Co. raised their price objective on Boeing from $245.00 to $270.00 and gave the stock an "overweight" rating in a research note on Wednesday, January 28th. Sanford C. Bernstein reiterated an "outperform" rating on shares of Boeing in a report on Wednesday, January 28th. Finally, Vertical Research reissued a "buy" rating and issued a $281.00 target price on shares of Boeing in a research note on Tuesday, January 27th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $254.35.

Insiders Place Their Bets

In other Boeing news, EVP Howard E. Mckenzie sold 10,497 shares of the company's stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $233.99, for a total value of $2,456,193.03. Following the completion of the transaction, the executive vice president owned 14,692 shares in the company, valued at $3,437,781.08. This represents a 41.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Uma M. Amuluru sold 1,503 shares of the firm's stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $233.78, for a total value of $351,371.34. Following the sale, the executive vice president directly owned 19,015 shares of the company's stock, valued at approximately $4,445,326.70. This represents a 7.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 21,012 shares of company stock valued at $4,980,687. Insiders own 0.10% of the company's stock.

Hedge Funds Weigh In On Boeing

Several institutional investors have recently added to or reduced their stakes in BA. Charles Schwab Investment Management Inc. lifted its stake in shares of Boeing by 3.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,370,415 shares of the aircraft producer's stock valued at $948,905,000 after buying an additional 138,469 shares in the last quarter. Viking Global Investors LP grew its stake in Boeing by 31.3% in the 4th quarter. Viking Global Investors LP now owns 3,953,087 shares of the aircraft producer's stock valued at $858,294,000 after buying an additional 942,536 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Boeing by 2.0% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,967,566 shares of the aircraft producer's stock valued at $644,318,000 after buying an additional 58,264 shares in the last quarter. Alyeska Investment Group L.P. grew its stake in Boeing by 245.7% in the 4th quarter. Alyeska Investment Group L.P. now owns 2,252,450 shares of the aircraft producer's stock valued at $489,052,000 after buying an additional 1,600,909 shares in the last quarter. Finally, Amundi raised its holdings in Boeing by 10.0% during the 4th quarter. Amundi now owns 2,185,964 shares of the aircraft producer's stock valued at $474,617,000 after acquiring an additional 198,770 shares during the period. Institutional investors own 64.82% of the company's stock.

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.