Zacks Research Has Pessimistic Outlook of Boeing Q1 Earnings

The Boeing Company (NYSE:BA - Free Report) - Equities researchers at Zacks Research lowered their Q1 2026 earnings per share (EPS) estimates for shares of Boeing in a research report issued on Tuesday, June 10th. Zacks Research analyst R. Department now expects that the aircraft producer will post earnings of $0.72 per share for the quarter, down from their prior forecast of $0.86. The consensus estimate for Boeing's current full-year earnings is ($2.58) per share. Zacks Research also issued estimates for Boeing's FY2026 earnings at $1.95 EPS.

BA has been the subject of a number of other research reports. Royal Bank of Canada upped their target price on Boeing from $200.00 to $230.00 and gave the company an "outperform" rating in a report on Monday. Wells Fargo & Company restated an "underweight" rating on shares of Boeing in a report on Thursday, May 22nd. Wall Street Zen downgraded Boeing from a "hold" rating to a "sell" rating in a report on Saturday, May 17th. Bank of America upgraded Boeing from a "neutral" rating to a "buy" rating and upped their target price for the company from $185.00 to $260.00 in a report on Monday, June 2nd. Finally, The Goldman Sachs Group restated a "buy" rating and set a $212.00 target price on shares of Boeing in a report on Thursday. Three analysts have rated the stock with a sell rating, three have issued a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $209.85.

Boeing Trading Down 4.8%

BA stock traded down $10.25 during midday trading on Thursday, hitting $203.75. The company had a trading volume of 30,494,611 shares, compared to its average volume of 9,358,304. Boeing has a 52 week low of $128.88 and a 52 week high of $218.80. The stock's 50 day moving average price is $186.41 and its 200 day moving average price is $176.08. The stock has a market cap of $153.63 billion, a price-to-earnings ratio of -11.12 and a beta of 1.43.

Boeing (NYSE:BA - Get Free Report) last announced its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $19.57 billion. During the same quarter in the previous year, the firm posted ($1.13) EPS. The business's revenue for the quarter was up 17.7% compared to the same quarter last year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in shares of Boeing by 1.9% in the first quarter. Vanguard Group Inc. now owns 65,655,044 shares of the aircraft producer's stock valued at $11,197,468,000 after purchasing an additional 1,212,327 shares during the period. Geode Capital Management LLC increased its holdings in shares of Boeing by 29.5% in the fourth quarter. Geode Capital Management LLC now owns 15,171,869 shares of the aircraft producer's stock valued at $2,677,170,000 after purchasing an additional 3,452,075 shares during the period. Northern Trust Corp increased its holdings in shares of Boeing by 33.6% in the fourth quarter. Northern Trust Corp now owns 6,504,610 shares of the aircraft producer's stock valued at $1,151,316,000 after purchasing an additional 1,634,231 shares during the period. Fisher Asset Management LLC increased its holdings in shares of Boeing by 3.4% in the fourth quarter. Fisher Asset Management LLC now owns 5,030,899 shares of the aircraft producer's stock valued at $890,469,000 after purchasing an additional 164,042 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in Boeing by 0.5% during the first quarter. Charles Schwab Investment Management Inc. now owns 4,198,059 shares of the aircraft producer's stock worth $715,979,000 after acquiring an additional 19,615 shares during the period. 64.82% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, SVP Brendan J. Nelson sold 640 shares of the company's stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of $206.28, for a total transaction of $132,019.20. Following the transaction, the senior vice president now directly owns 13,258 shares of the company's stock, valued at $2,734,860.24. This represents a 4.60% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP David Christopher Raymond sold 3,899 shares of the company's stock in a transaction dated Friday, May 2nd. The shares were sold at an average price of $187.01, for a total value of $729,151.99. Following the transaction, the executive vice president now directly owns 42,513 shares in the company, valued at $7,950,356.13. This represents a 8.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 7,744 shares of company stock worth $1,511,370 in the last three months. 0.09% of the stock is owned by insiders.

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.