The Boeing Company (NYSE:BA) Stock Has Average Price Target of $270.95 According to Brokerages

Shares of The Boeing Company (NYSE:BA) have been given a consensus rating of “Moderate Buy” by the twenty-three analysts that are currently covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating, twelve have given a buy rating and two have issued a strong buy rating on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $270.95.

A number of brokerages have recently commented on BA. The Goldman Sachs Group lowered shares of Boeing from a “buy” rating to a “hold” rating in a report on Tuesday, August 11th. Wolfe Research upgraded shares of Boeing from a “hold” rating to a “strong-buy” rating in a research report on Thursday, September 24th. Robert W. Baird set a $300.00 target price on Boeing in a research note on Wednesday, July 29th. Cantor Fitzgerald downgraded Boeing to a “neutral” rating in a research report on Tuesday, August 11th. Finally, Citigroup lowered Boeing from a “buy” rating to a “sell” rating in a research note on Tuesday, August 11th.

Boeing News Summary

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: The U.S. Navy selected Boeing to design, build and deliver its sixth-generation F/A-XX fighter. The award strengthens Boeing’s defense backlog and represents its second major recent fighter-jet win, supporting long-term revenue visibility and strategic importance amid rising focus on countering China in the Pacific. U.S. Navy Selects Boeing for F/A-XX Program
• Positive Sentiment: UBS reiterated its Buy rating, arguing that the recent selloff already reflects near-term setbacks and assigns limited value to Boeing’s normalized earnings potential. The bank continues to forecast approximately $20 billion in free cash flow by 2030, bolstering the recovery narrative. Boeing shares rebound as UBS calls selloff overdone
• Positive Sentiment: NASA backed a path for Boeing’s Starliner to return to service, including additional commercial crew missions. NASA is considering an uncrewed flight by early 2027, followed by crewed missions targeted for 2028, while a reported $359 million funding commitment provides support for further development and certification. NASA Gives Boeing Starliner $359 Million Lifeline
• Neutral Sentiment: Commercial-airline customers offered some reassurance about the MAX software issue. Alaska Airlines’ CEO said he was not overly concerned, while Ryanair expects the MAX 10 certification delay to last days rather than weeks or months. However, the FAA has not approved the aircraft pending its review. Alaska Airlines CEO comments on MAX 10 delay
• Negative Sentiment: The FAA delayed certification of the 737 MAX 10 after Boeing identified a software glitch that could remove automated navigation guidance during a go-around. The issue raises additional regulatory, delivery-timing and execution risks for Boeing’s commercial-aircraft turnaround. Boeing 737 Max 10 certification delayed by software issue
• Negative Sentiment: Pomerantz LLP announced an investigation into potential claims on behalf of Boeing investors, adding another legal and reputational overhang, although the announcement does not establish wrongdoing. Pomerantz investor investigation

Boeing Stock Performance

NYSE:BA opened at $187.99 on Friday. The stock has a market cap of $148.58 billion, a P/E ratio of 81.38 and a beta of 1.21. The company has a quick ratio of 0.33, a current ratio of 1.14 and a debt-to-equity ratio of 6.77. The business’s 50-day moving average price is $213.55 and its two-hundred day moving average price is $216.82. Boeing has a twelve month low of $176.77 and a twelve month high of $254.35.

Boeing (NYSE:BA) last posted its quarterly earnings data on Tuesday, July 28th. The aircraft producer reported ($0.76) earnings per share for the quarter, missing the consensus estimate of ($0.34) by ($0.42). Boeing had a negative return on equity of 346.82% and a net margin of 2.41%.The company had revenue of $24.56 billion during the quarter, compared to the consensus estimate of $24.26 billion. During the same quarter last year, the company posted ($1.24) earnings per share. The firm’s revenue for the quarter was up 8.0% on a year-over-year basis. As a group, equities analysts predict that Boeing will post -0.91 EPS for the current fiscal year.

Institutional Investors Weigh In On Boeing

A number of hedge funds have recently made changes to their positions in BA. Jupiter Topco LLC purchased a new stake in Boeing during the second quarter valued at about $911,878,000. Bank of New York Mellon Corp purchased a new position in shares of Boeing in the second quarter worth about $747,763,000. Legal & General Group Plc bought a new stake in shares of Boeing in the 2nd quarter valued at about $710,816,000. Deutsche Bank AG purchased a new stake in Boeing during the 2nd quarter valued at about $539,456,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Boeing during the 2nd quarter valued at about $441,997,000. 64.82% of the stock is currently owned by institutional investors.

About Boeing

The Boeing Company (NYSE: BA) is a global aerospace company that designs, manufactures and supports commercial airplanes, military aircraft, spacecraft and related systems. Its commercial portfolio includes the 737, 787 Dreamliner and 777 families, as well as the 777X program. Boeing sells aircraft to airlines, cargo operators and leasing companies around the world.

Through its defense and space operations, Boeing provides products and services for the U.S. government, allied governments and other institutional customers.