Boeing (NYSE:BA) Shares Up 2.1% – Still a Buy?

Shares of The Boeing Company (NYSE:BA) rose 2.1% during trading on Thursday . The stock traded as high as $248.75 and last traded at $247.62. Approximately 6,461,884 shares changed hands during mid-day trading, a decline of 24% from the average daily volume of 8,525,178 shares. The stock had previously closed at $242.61.

Key Stories Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Tentative labor deal reached with about 1,600 former Spirit AeroSystems white‑collar workers, easing a key supplier/labor overhang and reducing the risk of production disruption. Boeing secures tentative labor deal with former Spirit AeroSystems workers
• Positive Sentiment: Bernstein named Boeing its top Aerospace & Defense pick for 2026 and highlighted a production ramp (737 and 787 volume increases) and large backlog; the firm raised its price target, supporting upside expectations. Boeing (BA) Stock: Named Top Aerospace Pick for 2026 by Major Analyst
• Positive Sentiment: High‑profile endorsement from Jim Cramer calling Boeing a top pick for 2026 adds retail/institutional attention and sentiment lift; such endorsements can amplify momentum. Boeing (BA) Stock: Jim Cramer Names Aerospace Giant His Top Pick for 2026
• Neutral Sentiment: Tentative settlements announced in some 737 MAX‑related lawsuits could remove litigation overhang but may still carry cash/PR costs; investors will watch final terms and accounting impacts. Boeing reaches tentative settlements in related 737 MAX crash lawsuits
• Negative Sentiment: New reporting says Boeing had prior knowledge of a part that failed before a deadly UPS cargo crash — a reputational and potential regulatory/legal risk that can pressure the stock while investigations and follow‑on disclosures continue. Boeing knew part in deadly UPS plane crash had failed before, report says
• Negative Sentiment: Investor‑rights firm Halper Sadeh opened an investigation into whether Boeing officers/directors breached fiduciary duties, adding governance/legal uncertainty that can weigh on sentiment until outcomes are clearer. Halper Sadeh LLC Encourages The Boeing Company Shareholders to Contact the Firm to Discuss Their Rights

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Sanford C. Bernstein raised their price target on shares of Boeing from $277.00 to $298.00 and gave the stock an “outperform” rating in a research note on Thursday. Zacks Research raised Boeing from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 2nd. JPMorgan Chase & Co. raised their target price on Boeing from $240.00 to $245.00 and gave the stock an “overweight” rating in a research report on Friday, December 19th. BNP Paribas set a $150.00 price target on Boeing in a research report on Tuesday, November 18th. Finally, Deutsche Bank Aktiengesellschaft downgraded Boeing from a “buy” rating to a “hold” rating and set a $240.00 price target for the company. in a research note on Thursday, October 30th. Three analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, three have given a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat, Boeing has a consensus rating of “Moderate Buy” and an average price target of $237.46.

Boeing Price Performance

The stock has a market capitalization of $188.28 billion, a P/E ratio of -18.11, a price-to-earnings-growth ratio of 7.06 and a beta of 1.16. The stock has a fifty day moving average price of $208.57 and a 200 day moving average price of $217.11.

Boeing (NYSE:BA) last issued its quarterly earnings data on Wednesday, October 29th. The aircraft producer reported ($7.47) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.51) by ($6.96). The company had revenue of $23.27 billion during the quarter, compared to analyst estimates of $21.61 billion. The business’s quarterly revenue was up 30.4% compared to the same quarter last year. During the same quarter last year, the business earned ($10.44) earnings per share. Research analysts anticipate that The Boeing Company will post -2.58 earnings per share for the current year.

Insider Buying and Selling

In other news, SVP Dana S. Deasy acquired 554 shares of Boeing stock in a transaction that occurred on Monday, November 24th. The stock was bought at an average price of $178.88 per share, with a total value of $99,099.52. Following the completion of the purchase, the senior vice president owned 28,442 shares in the company, valued at approximately $5,087,704.96. The trade was a 1.99% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Uma M. Amuluru sold 1,366 shares of the company’s stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $197.66, for a total transaction of $270,003.56. Following the sale, the executive vice president directly owned 14,656 shares in the company, valued at $2,896,904.96. This trade represents a 8.53% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.09% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Boeing

Large investors have recently added to or reduced their stakes in the business. Alpha Cubed Investments LLC boosted its position in shares of Boeing by 43.3% during the second quarter. Alpha Cubed Investments LLC now owns 3,598 shares of the aircraft producer’s stock valued at $754,000 after buying an additional 1,088 shares during the period. McElhenny Sheffield Capital Management LLC bought a new stake in shares of Boeing during the 2nd quarter worth approximately $62,859,000. Vanguard Group Inc. boosted its holdings in Boeing by 1.7% during the 2nd quarter. Vanguard Group Inc. now owns 66,773,360 shares of the aircraft producer’s stock valued at $13,991,022,000 after acquiring an additional 1,118,316 shares during the period. SteelPeak Wealth LLC boosted its holdings in Boeing by 50.4% during the 3rd quarter. SteelPeak Wealth LLC now owns 26,360 shares of the aircraft producer’s stock valued at $5,689,000 after acquiring an additional 8,833 shares during the period. Finally, Patton Fund Management Inc. grew its position in Boeing by 734.4% in the 3rd quarter. Patton Fund Management Inc. now owns 10,322 shares of the aircraft producer’s stock valued at $2,228,000 after acquiring an additional 9,085 shares during the last quarter. Institutional investors own 64.82% of the company’s stock.

Boeing Company Profile

Boeing Company (NYSE: BA) is an American multinational corporation that designs, manufactures and services commercial airplanes, defense systems, and space and security technologies. Founded in 1916 by William E. Boeing in Seattle, the company today operates as an integrated aerospace and defense contractor with a global customer base. Boeing relocated its corporate headquarters to Arlington, Virginia in 2022 and maintains extensive engineering, manufacturing and service operations across the United States and around the world.

Boeing’s principal lines of business include Commercial Airplanes, which produces and supports a range of jetliners used by airlines globally; Defense, Space & Security, which develops military aircraft, rotorcraft, surveillance and reconnaissance systems, satellites, and launch and missile systems; and Boeing Global Services, which provides aftermarket maintenance, training, spare parts, digital analytics and logistics support.