Research Analysts Issue Forecasts for Boeing FY2026 Earnings

The Boeing Company (NYSE:BA - Free Report) - Research analysts at Seaport Res Ptn decreased their FY2026 earnings per share (EPS) estimates for shares of Boeing in a report issued on Thursday, June 12th. Seaport Res Ptn analyst R. Safran now expects that the aircraft producer will post earnings of $3.36 per share for the year, down from their previous estimate of $3.37. The consensus estimate for Boeing's current full-year earnings is ($2.58) per share.

Several other equities analysts have also weighed in on the company. Morgan Stanley set a $200.00 target price on Boeing and gave the company an "equal weight" rating in a report on Thursday. The Goldman Sachs Group set a $212.00 price objective on Boeing and gave the company a "buy" rating in a report on Thursday. Royal Bank of Canada restated a "cautious" rating on shares of Boeing in a report on Thursday. TD Securities cut Boeing to a "cautious" rating in a research report on Thursday, May 22nd. Finally, Citigroup reissued a "buy" rating on shares of Boeing in a research report on Thursday, May 22nd. Four equities research analysts have rated the stock with a sell rating, three have assigned a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Boeing presently has an average rating of "Moderate Buy" and an average price target of $209.85.

Boeing Price Performance

NYSE:BA traded up $1.42 during trading hours on Monday, reaching $201.74. The company's stock had a trading volume of 6,876,767 shares, compared to its average volume of 9,412,969. The company has a market cap of $152.11 billion, a price-to-earnings ratio of -11.01 and a beta of 1.43. Boeing has a one year low of $128.88 and a one year high of $218.80. The business's 50-day moving average is $188.93 and its 200-day moving average is $177.11.

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

Hedge Funds Weigh In On Boeing

Several institutional investors have recently added to or reduced their stakes in BA. Sierra Ocean LLC acquired a new stake in Boeing during the 4th quarter valued at $26,000. American National Bank & Trust increased its holdings in shares of 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 purchasing an additional 128 shares in the last quarter. HighMark Wealth Management LLC raised its position in Boeing by 121.6% in the 4th 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. REAP Financial Group LLC raised its position in Boeing by 60.2% in the 4th quarter. REAP Financial Group LLC now owns 173 shares of the aircraft producer's stock worth $31,000 after purchasing an additional 65 shares during the last quarter. Finally, Anfield Capital Management LLC lifted its holdings in Boeing by 113.1% during the 4th quarter. Anfield Capital Management LLC now owns 179 shares of the aircraft producer's stock worth $32,000 after buying an additional 95 shares in the last quarter. 64.82% of the stock is owned by institutional investors.

Insider Activity

In other Boeing news, EVP Jeffrey S. Shockey sold 3,205 shares of Boeing stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $202.87, for a total transaction 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 approximately $4,161,472.31. This trade represents a 13.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP David Christopher Raymond sold 3,899 shares of the business's stock in a transaction on Friday, May 2nd. The shares were sold at an average price of $187.01, for a total transaction of $729,151.99. Following the completion of the sale, the executive vice president now owns 42,513 shares in the company, valued at $7,950,356.13. This represents a 8.40% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 7,744 shares of company stock worth $1,511,370. Company insiders own 0.09% of the company's stock.

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.