What is Zacks Research's Forecast for Boeing Q1 Earnings?

Key Points

• Zacks Research has revised its Q1 2026 earnings per share estimate for Boeing down to $0.40, from $0.42, while the full-year earnings estimate stands at ($2.58) per share.
• Boeing recently reported a quarterly loss of ($1.24) EPS, significantly missing expectations, but showed strong year-over-year revenue growth of 34.9%.
• There is a mixed outlook from analysts, with various upgrades in price targets, including a boost from $242.00 to $270.00 by Vertical Research, reflecting diverse sentiment among investment firms.

The Boeing Company (NYSE:BA - Free Report) - Equities research analysts at Zacks Research reduced their Q1 2026 EPS estimates for shares of Boeing in a research report issued on Thursday, September 18th. Zacks Research analyst Team now anticipates that the aircraft producer will post earnings of $0.40 per share for the quarter, down from their prior estimate of $0.42. The consensus estimate for Boeing's current full-year earnings is ($2.58) per share. Zacks Research also issued estimates for Boeing's Q3 2026 earnings at $0.49 EPS, Q4 2026 earnings at $0.56 EPS, FY2026 earnings at $1.87 EPS, Q1 2027 earnings at $1.53 EPS, Q2 2027 earnings at $0.76 EPS and FY2027 earnings at $4.16 EPS.

Several other equities analysts have also commented on the stock. Rothschild & Co Redburn upgraded shares of Boeing from a "neutral" rating to a "buy" rating and set a $275.00 price objective for the company in a research report on Friday, June 27th. Vertical Research upgraded Boeing from a "hold" rating to a "buy" rating and lifted their price target for the stock from $242.00 to $270.00 in a research report on Monday, September 8th. The Goldman Sachs Group set a $212.00 price objective on Boeing and gave the stock a "buy" rating in a research note on Thursday, June 12th. Morgan Stanley reaffirmed an "equal weight" rating on shares of Boeing in a research note on Monday, July 28th. Finally, Bank of America boosted their target price on Boeing from $260.00 to $270.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Three analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Boeing has an average rating of "Moderate Buy" and a consensus target price of $230.77.

Boeing Stock Performance

NYSE:BA traded down $3.39 during trading hours on Friday, reaching $212.26. The stock had a trading volume of 7,311,751 shares, compared to its average volume of 8,200,649. The company has a 50 day moving average price of $227.97 and a two-hundred day moving average price of $201.33. Boeing has a 52 week low of $128.88 and a 52 week high of $242.69. The stock has a market capitalization of $160.50 billion, a PE ratio of -12.86 and a beta of 1.48.

Boeing (NYSE:BA - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The aircraft producer reported ($1.24) earnings per share for the quarter, missing analysts' consensus estimates of ($0.92) by ($0.32). The firm had revenue of $22.75 billion during the quarter, compared to analysts' expectations of $20.13 billion. During the same period last year, the firm posted ($2.90) EPS. The firm's quarterly revenue was up 34.9% on a year-over-year basis.

Insider Activity

In other Boeing news, EVP David Christopher Raymond sold 3,771 shares of the firm's stock in a transaction on Friday, August 8th. The shares were sold at an average price of $229.94, for a total value of $867,103.74. Following the completion of the transaction, the executive vice president owned 35,873 shares of the company's stock, valued at approximately $8,248,637.62. This trade represents a 9.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Mortimer J. Buckley purchased 2,200 shares of Boeing stock in a transaction on Tuesday, August 19th. The shares were acquired at an average cost of $226.10 per share, with a total value of $497,420.00. Following the completion of the transaction, the director directly owned 2,200 shares in the company, valued at $497,420. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 0.09% of the company's stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Harbor Asset Planning Inc. purchased a new position in Boeing in the second quarter valued at $25,000. American National Bank & Trust increased its stake in shares of Boeing by 474.1% in the 1st 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. Piscataqua Savings Bank raised its holdings in Boeing by 1,712.5% in the 2nd quarter. Piscataqua Savings Bank now owns 145 shares of the aircraft producer's stock worth $30,000 after purchasing an additional 137 shares during the period. REAP Financial Group LLC boosted its position in Boeing by 60.2% during the fourth quarter. REAP Financial Group LLC now owns 173 shares of the aircraft producer's stock worth $31,000 after purchasing an additional 65 shares in the last quarter. Finally, Dogwood Wealth Management LLC grew its holdings in Boeing by 167.2% in the fourth quarter. Dogwood Wealth Management LLC now owns 179 shares of the aircraft producer's stock valued at $32,000 after purchasing an additional 112 shares during the period. 64.82% of the stock is owned by institutional investors and hedge funds.

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.