Boeing (NYSE:BA) Coverage Initiated by Analysts at Susquehanna

Research analysts at Susquehanna started coverage on shares of Boeing (NYSE:BA) in a note issued to investors on Wednesday, Marketbeat Ratings reports. The firm set a “positive” rating and a $250.00 price target on the aircraft producer’s stock. Susquehanna‘s price target points to a potential upside of 49.76% from the stock’s current price.

Several other analysts have also recently issued reports on BA. Jefferies Financial Group set a $230.00 target price on shares of Boeing in a research note on Wednesday. Robert W. Baird decreased their target price on Boeing from $300.00 to $230.00 and set an “outperform” rating on the stock in a research note on Wednesday. Morgan Stanley decreased their target price on Boeing from $225.00 to $195.00 and set an “equal weight” rating on the stock in a research note on Wednesday. DZ Bank restated a “buy” rating on shares of Boeing in a research note on Thursday, August 6th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on Boeing from $244.00 to $248.00 and gave the stock a “hold” rating in a research note on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Boeing currently has an average rating of “Moderate Buy” and an average price target of $253.65.

Boeing Stock Down 0.7%

NYSE BA traded down $1.25 during trading hours on Wednesday, hitting $166.93. The company had a trading volume of 8,235,525 shares, compared to its average volume of 7,012,967. Boeing has a 52 week low of $165.01 and a 52 week high of $254.35. The firm has a 50 day simple moving average of $199.09 and a 200 day simple moving average of $218.16.

Boeing (NYSE:BA) last posted its earnings results on Tuesday, October 27th. The aircraft producer reported ($0.34) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.25) by ($0.09). The business had revenue of $24.19 billion for the quarter, compared to analyst estimates of $23.95 billion. During the same quarter in the previous year, the company earned ($7.47) EPS. Boeing’s quarterly revenue was up 3.9% on a year-over-year basis. Research analysts anticipate that Boeing will post -1.08 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Boeing

Several hedge funds have recently made changes to their positions in the business. Jupiter Topco LLC purchased a new position in shares of Boeing during the second quarter valued at approximately $911,878,000. Bank of New York Mellon Corp bought a new stake in shares of Boeing during the 2nd quarter valued at about $747,763,000. Legal & General Group Plc bought a new stake in shares of Boeing during the 2nd quarter valued at about $710,816,000. Deutsche Bank AG bought a new stake in shares of Boeing during the 2nd quarter valued at about $539,456,000. Finally, Swiss National Bank boosted its stake in shares of Boeing by 7.6% during the 1st quarter. Swiss National Bank now owns 2,298,077 shares of the aircraft producer’s stock valued at $457,386,000 after purchasing an additional 163,000 shares in the last quarter. 64.82% of the stock is owned by hedge funds and other institutional investors.

Boeing News Roundup

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing reported a record $745 billion backlog, including more than 6,300 commercial aircraft, while quarterly revenue increased 3.9% to $24.19 billion. Operating cash flow reached $1.5 billion and free cash flow was positive for a second consecutive quarter. Boeing Reports Third Quarter Results
• Positive Sentiment: Defense and services performance improved, Boeing secured the U.S. Navy’s F/A-XX fighter program, and the 737-7 and 737-10 achieved certification milestones. These developments support the company’s longer-term recovery prospects.
• Positive Sentiment: Several analysts remain constructive: Langenberg upgraded Boeing to Buy with a $250 target, while Citi reiterated a Buy rating with a $260 target. High fuel prices could also encourage airlines to replace older, less-efficient aircraft, potentially supporting future orders. Analyst Upgrade
• Neutral Sentiment: Boeing projects free cash flow of $3 billion in 2027, $6 billion in 2028 and $10 billion in 2029. The targets outline significant upside if deliveries and defense growth improve, but management acknowledged that the recovery timeline has shifted to the right. Boeing Q3 Earnings Call Highlights
• Negative Sentiment: Adjusted loss per share was $0.34, missing the approximately $0.25 consensus estimate. Commercial Airplanes posted a $697 million operating loss, overshadowing stronger defense results and positive cash flow.
• Negative Sentiment: The 737 production ramp has slipped into 2027, and Boeing may miss its 500-aircraft delivery goal. The delay raises concerns about when backlog can be converted into revenue and cash, while 777X and supply-chain risks remain.
• Negative Sentiment: Wells Fargo, TD Cowen, Susquehanna, Baird and Morgan Stanley all lowered price targets, although most retained positive or neutral ratings. Boeing also halted share repurchases, signaling a continued priority on liquidity. A law firm’s investigation related to the Spirit AeroSystems merger adds another potential overhang.

Boeing Company Profile

The Boeing Company (NYSE: BA) is a global aerospace company that designs, manufactures and supports commercial airplanes, military aircraft, satellites, space systems and related products and services. Its offerings serve airlines, government agencies, defense organizations and other customers worldwide.

Boeing operates through three principal business areas: Commercial Airplanes, which develops and produces passenger and cargo aircraft; Defense, Space & Security, which provides military aircraft, weapons systems, satellites and space-related platforms; and Global Services, which offers parts, maintenance, training, engineering and other lifecycle support.

Founded in 1916 by William Boeing, the company has grown into one of the world’s major aerospace manufacturers.