Zacks Research Has Negative Outlook for Boeing Q4 Earnings

Key Points

• Zacks Research cut Boeing's Q4 2026 EPS estimate to $0.23 from $0.26 and assigned the stock a Strong Sell, while the consensus full-year EPS sits at ($2.58).
• Analyst views are mixed — MarketBeat shows a consensus rating of Moderate Buy with a $232.09 price target, amid downgrades and price-target adjustments from firms including Deutsche Bank and JPMorgan.
• Boeing last reported a major EPS miss of ($7.47) versus ($0.51) expected despite a 30% revenue rise to $23.27 billion, and its shares traded around $185.77 with a market cap of $141.2 billion.

The Boeing Company (NYSE:BA - Free Report) - Zacks Research dropped their Q4 2026 earnings per share estimates for Boeing in a research report issued to clients and investors on Wednesday, November 19th. Zacks Research analyst Team now anticipates that the aircraft producer will post earnings of $0.23 per share for the quarter, down from their previous estimate of $0.26. Zacks Research has a "Strong Sell" rating on the stock. The consensus estimate for Boeing's current full-year earnings is ($2.58) per share. Zacks Research also issued estimates for Boeing's Q3 2027 earnings at $0.42 EPS.

A number of other equities research analysts have also recently issued reports on the stock. Deutsche Bank Aktiengesellschaft cut shares of Boeing from a "buy" rating to a "hold" rating and set a $240.00 target price on the stock. in a report on Thursday, October 30th. JPMorgan Chase & Co. reduced their price objective on shares of Boeing from $251.00 to $240.00 and set an "overweight" rating for the company in a research note on Thursday, October 30th. Jefferies Financial Group set a $255.00 price target on shares of Boeing in a report on Tuesday, September 30th. Bank of America increased their price objective on Boeing from $260.00 to $270.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Finally, Susquehanna lowered their price target on Boeing from $270.00 to $255.00 and set a "positive" rating on the stock in a report on Wednesday, November 12th. Three analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, three have issued a Hold rating and six have issued a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $232.09.

Boeing Stock Up 0.0%

Boeing stock traded up $0.07 during midday trading on Thursday, reaching $185.77. The stock had a trading volume of 1,493,778 shares, compared to its average volume of 8,222,036. The firm has a market capitalization of $141.20 billion, a PE ratio of -13.57 and a beta of 1.44. Boeing has a 12 month low of $128.88 and a 12 month high of $242.69. The firm's 50-day moving average price is $210.44 and its 200 day moving average price is $214.79.

Boeing (NYSE:BA - Get Free Report) last announced its quarterly earnings data on Wednesday, October 29th. The aircraft producer reported ($7.47) earnings per share for the quarter, missing the consensus estimate of ($0.51) by ($6.96). The business had revenue of $23.27 billion during the quarter, compared to analyst estimates of $21.61 billion. During the same period last year, the business posted ($10.44) earnings per share. The company's revenue for the quarter was up 30.4% compared to the same quarter last year.

Institutional Trading of Boeing

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Revolve Wealth Partners LLC bought a new position in Boeing in the fourth quarter worth about $201,000. Obermeyer Wealth Partners bought a new stake in shares of Boeing during the first quarter valued at approximately $329,000. PFG Advisors grew its stake in Boeing by 2.1% in the first quarter. PFG Advisors now owns 4,561 shares of the aircraft producer's stock worth $778,000 after purchasing an additional 93 shares during the period. Choreo LLC raised its holdings in Boeing by 3.5% in the first quarter. Choreo LLC now owns 29,158 shares of the aircraft producer's stock worth $4,973,000 after purchasing an additional 987 shares in the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich lifted its position in Boeing by 128.7% during the first quarter. Bank Julius Baer & Co. Ltd Zurich now owns 3,513 shares of the aircraft producer's stock valued at $599,000 after buying an additional 1,977 shares during the period. Hedge funds and other institutional investors own 64.82% of the company's stock.

Insider Activity

In other news, EVP Uma M. Amuluru sold 1,366 shares of the company's stock in a transaction dated Thursday, November 6th. The shares were sold at an average price of $197.66, for a total transaction of $270,003.56. Following the completion of the transaction, the executive vice president directly owned 14,656 shares of the company's stock, valued at approximately $2,896,904.96. This represents a 8.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 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.

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