Research Analysts Set Expectations for Boeing Q3 Earnings

The Boeing Company (NYSE:BA - Free Report) - Equities researchers at Zacks Research lifted their Q3 2026 earnings estimates for Boeing in a note issued to investors on Wednesday, May 14th. Zacks Research analyst R. Department now anticipates that the aircraft producer will earn $0.58 per share for the quarter, up from their previous estimate of $0.50. The consensus estimate for Boeing's current full-year earnings is ($2.58) per share. Zacks Research also issued estimates for Boeing's Q4 2026 earnings at $0.64 EPS and Q1 2027 earnings at $1.67 EPS.

Boeing (NYSE:BA - Get Free Report) last announced its earnings results on Wednesday, April 23rd. The aircraft producer reported ($0.49) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.39) by $0.90. The business had revenue of $19.50 billion for the quarter, compared to analysts' expectations of $19.57 billion. The firm's quarterly revenue was up 17.7% on a year-over-year basis. During the same quarter last year, the firm earned ($1.13) EPS.

A number of other analysts have also issued reports on the company. Melius Research set a $204.00 price target on Boeing in a report on Monday, March 24th. Benchmark reduced their price target on shares of Boeing from $250.00 to $215.00 and set a "buy" rating for the company in a report on Monday, April 21st. Sanford C. Bernstein raised Boeing from a "market perform" rating to an "outperform" rating and increased their target price for the company from $181.00 to $218.00 in a research report on Monday, April 28th. Morgan Stanley raised their price objective on Boeing from $175.00 to $185.00 and gave the company an "equal weight" rating in a research report on Thursday, April 24th. Finally, Susquehanna reaffirmed a "positive" rating and issued a $240.00 price objective (up previously from $205.00) on shares of Boeing in a research report on Wednesday. One research analyst has rated the stock with a sell rating, five have issued a hold rating, seventeen have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Boeing currently has a consensus rating of "Moderate Buy" and a consensus target price of $203.60.

Boeing Stock Down 1.1%

BA stock traded down $2.34 during trading on Friday, hitting $203.90. The company had a trading volume of 2,782,201 shares, compared to its average volume of 9,180,939. The firm has a market capitalization of $153.74 billion, a P/E ratio of -11.12 and a beta of 1.41. Boeing has a 52-week low of $128.88 and a 52-week high of $209.66. The company has a 50 day simple moving average of $170.78 and a 200-day simple moving average of $168.18.

Hedge Funds Weigh In On Boeing

Institutional investors have recently modified their holdings of the business. Sierra Ocean LLC purchased a new position in Boeing in the fourth quarter worth approximately $26,000. Sugar Maple Asset Management LLC purchased a new position in shares of Boeing in the 4th quarter valued at $27,000. American National Bank & Trust lifted its position in Boeing by 474.1% in the first quarter. American National Bank & Trust now owns 155 shares of the aircraft producer's stock valued at $26,000 after acquiring an additional 128 shares during the last quarter. Fiduciary Advisors Inc. purchased a new stake in Boeing in the fourth quarter valued at $28,000. Finally, HighMark Wealth Management LLC grew its holdings in shares of Boeing by 121.6% during the fourth quarter. HighMark Wealth Management LLC now owns 164 shares of the aircraft producer's stock worth $29,000 after purchasing an additional 90 shares during the last quarter. Institutional investors and hedge funds own 64.82% of the company's stock.

Insider Transactions at Boeing

In other Boeing news, EVP Jeffrey S. Shockey sold 3,205 shares of Boeing stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $202.87, for a total value of $650,198.35. Following the completion of the transaction, the executive vice president now directly owns 20,513 shares of the company's stock, valued at $4,161,472.31. The trade was a 13.51% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Uma M. Amuluru sold 3,159 shares of the firm's stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $180.69, for a total transaction of $570,799.71. Following the completion of the transaction, the executive vice president now directly owns 19,213 shares of the company's stock, valued at approximately $3,471,596.97. The trade was a 14.12% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 10,263 shares of company stock worth $1,950,150 in the last ninety days. Insiders own 0.09% of the company's stock.

Boeing Company Profile

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.

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