Boeing (NYSE:BA) Shares Down 2.4% – What’s Next?

The Boeing Company (NYSE:BA) shares traded down 2.4% during trading on Tuesday . The company traded as low as $218.90 and last traded at $219.6490. 7,511,277 shares traded hands during mid-day trading, an increase of 4% from the average session volume of 7,240,551 shares. The stock had previously closed at $225.08.

Key Stories Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Q1 beat: Boeing reported revenue of $22.22B (up ~14% Y/Y) and a narrower non?GAAP loss of $0.20/share, topping consensus — deliveries rose and backlog hit a record ~$695B, supporting demand visibility and near?term revenue. Boeing Reports First Quarter Results
• Positive Sentiment: Production ramp potential: Management signaled the 737 MAX production rate can increase, which would lift unit deliveries and margin leverage if executed without quality setbacks. “All Systems are Go” Boeing Stock Ticks Up
• Positive Sentiment: Analyst support and price target lift: Firms reiterated/raised bullish views (William Blair, TD Cowen) and Morgan Stanley nudged its PT higher, giving the market added validation for the recovery narrative. Morgan Stanley price target update (Benzinga)
• Positive Sentiment: Defense strength: Better-than-expected defense revenue (PAC?3 work and government awards) provides diversified cash flow that cushions commercial cyclicality. Boeing’s defense business is booming (MarketWatch)
• Neutral Sentiment: Regulatory/market catalysts: CEO flagged potential large China orders tied to an upcoming U.S.–China summit and the FAA says no current roadblocks to MAX?7/10 approvals — both are catalysts but timing and political dependence add uncertainty. Boeing CEO comments on China orders (Reuters)
• Neutral Sentiment: Options flow and investor interest: Unusually large call buying ahead of/after the print signals speculative bullish positioning that can amplify intraday moves but also raise short?term volatility. Market summary (Benzinga)
• Negative Sentiment: Cash strain and leverage remain risks: Operating cash flow and free cash flow are still negative (free cash flow ~?$1.5B reported), and the company carries high leverage — these constrain capital allocation and make sustained margin recovery essential. Trefis on cash flow improvement

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Morgan Stanley upped their price objective on Boeing from $245.00 to $250.00 and gave the company an “equal weight” rating in a report on Thursday. Weiss Ratings upgraded Boeing from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Wednesday, February 4th. Argus upgraded Boeing to a “hold” rating in a research note on Monday, February 2nd. TD Cowen restated a “buy” rating on shares of Boeing in a research note on Wednesday, January 28th. Finally, Wolfe Research restated an “outperform” rating and set a $275.00 price target on shares of Boeing in a research note on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Boeing has an average rating of “Moderate Buy” and a consensus price target of $255.57.

Boeing Stock Up 1.3%

The business has a 50-day moving average price of $218.31 and a two-hundred day moving average price of $216.85. The company has a quick ratio of 0.40, a current ratio of 1.19 and a debt-to-equity ratio of 8.37. The firm has a market cap of $184.00 billion, a PE ratio of 116.56 and a beta of 1.13.

Boeing (NYSE:BA) last posted its quarterly earnings data on Wednesday, April 22nd. The aircraft producer reported ($0.20) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.68) by $0.48. The company had revenue of $22.22 billion for the quarter, compared to analysts’ expectations of $22.15 billion. During the same period in the prior year, the company posted ($0.49) EPS. The firm’s revenue was up 14.0% compared to the same quarter last year. On average, equities research analysts expect that The Boeing Company will post -0.29 EPS for the current year.

Insider Buying and Selling

In related news, Director Mortimer J. Buckley acquired 2,230 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The shares were acquired at an average price of $224.20 per share, with a total value of $499,966.00. Following the completion of the transaction, the director owned 4,430 shares of the company’s stock, valued at $993,206. The trade was a 101.36% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Ann M. Schmidt sold 6,281 shares of the company’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $243.37, for a total value of $1,528,606.97. Following the sale, the senior vice president directly owned 13,978 shares in the company, valued at $3,401,825.86. This represents a 31.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 21,012 shares of company stock worth $4,980,687 over the last ninety days. Insiders own 0.10% of the company’s stock.

Hedge Funds Weigh In On Boeing

Several large investors have recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings in Boeing by 5.1% in the fourth quarter. Vanguard Group Inc. now owns 70,989,438 shares of the aircraft producer’s stock valued at $15,413,227,000 after buying an additional 3,460,021 shares during the last quarter. Newport Trust Company LLC increased its holdings in Boeing by 1.0% in the fourth quarter. Newport Trust Company LLC now owns 29,485,294 shares of the aircraft producer’s stock valued at $6,401,847,000 after buying an additional 286,848 shares during the last quarter. Geode Capital Management LLC increased its holdings in Boeing by 3.2% in the fourth quarter. Geode Capital Management LLC now owns 17,025,435 shares of the aircraft producer’s stock valued at $3,679,592,000 after buying an additional 533,753 shares during the last quarter. Fisher Asset Management LLC increased its holdings in Boeing by 2.5% in the fourth quarter. Fisher Asset Management LLC now owns 5,640,900 shares of the aircraft producer’s stock valued at $1,224,752,000 after buying an additional 135,860 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in Boeing by 3.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,370,415 shares of the aircraft producer’s stock valued at $948,905,000 after buying an additional 138,469 shares during the last quarter. Hedge funds and other institutional investors own 64.82% of the company’s stock.

About Boeing

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.