Boeing (NYSE:BA) Stock Gets Price Target Reduction from Wells Fargo & Company

Boeing (NYSE:BA – Free Report) had its price target cut by Wells Fargo & Company from $250.00 to $210.00 in a research report report published on Wednesday morning,Benzinga reports. They currently have an overweight rating on the aircraft producer’s stock.

A number of other research firms also recently commented on BA. Citigroup downgraded Boeing from a “buy” rating to a “sell” rating in a report on Tuesday, August 11th. Argus upgraded Boeing from a “hold” rating to a “buy” rating and set a $265.00 price target for the company in a report on Tuesday, August 11th. JPMorgan Chase & Co. reissued a “buy” rating on shares of Boeing in a research report on Sunday, September 27th. Tigress Financial raised their price objective on Boeing from $295.00 to $305.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Finally, Morgan Stanley decreased their price objective on shares of Boeing from $225.00 to $195.00 and set an “equal weight” rating for the company in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, eight have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Boeing has a consensus rating of “Moderate Buy” and an average target price of $246.92.

Check Out Our Latest Stock Report on BA

Boeing Stock Performance

Shares of Boeing stock opened at $171.41 on Wednesday. The company has a debt-to-equity ratio of 6.31, a quick ratio of 0.33 and a current ratio of 1.13. Boeing has a 1 year low of $165.01 and a 1 year high of $254.35. The firm’s 50-day simple moving average is $196.12 and its 200-day simple moving average is $217.21.

Boeing (NYSE:BA – Get Free Report) last posted its quarterly earnings results on Tuesday, October 27th. The aircraft producer reported ($0.34) EPS for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.09). The firm had revenue of $24.19 billion during the quarter, compared to analyst estimates of $23.95 billion. Boeing had a negative return on equity of 42.40% and a net margin of 7.98%. The firm’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same quarter last year, the business posted ($7.47) earnings per share. Equities research analysts forecast that Boeing will post -1.48 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of BA. Jupiter Topco LLC acquired a new position in Boeing during the 2nd quarter worth $911,878,000. Bank of New York Mellon Corp acquired a new position in shares of Boeing during the second quarter valued at $747,763,000. Legal & General Group Plc bought a new stake in shares of Boeing during the second quarter valued at about $710,816,000. Deutsche Bank AG bought a new stake in shares of Boeing during the second quarter valued at about $539,456,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Boeing during the second quarter valued at about $441,997,000. Institutional investors own 64.82% of the company’s stock.

More Boeing News

Here are the key news stories impacting Boeing this week:

  • Positive Sentiment: Boeing is positioned to receive a sole-source contract worth up to $945.9 million from the U.S. Space Force for MILSATCOM sustainment, strengthening its defense and space backlog. Boeing To Receive Up to $945.9 Million Sole Source Contract for MILSATCOM Sustainment
  • Positive Sentiment: Boeing’s 2026 air-cargo forecast projects global freight traffic will double by 2045, supporting potential demand for nearly 3,000 new and converted freighters over the next two decades. Boeing Sees Air Cargo Traffic Doubling By 2045
  • Positive Sentiment: Growth in satellite reconnaissance, driven by defense spending, synthetic-aperture radar and artificial intelligence, provides a favorable long-term backdrop for Boeing’s space and defense activities. Global Satellite Reconnaissance Market Size, Trends and Forecast Report 2026
  • Neutral Sentiment: Analysts at Susquehanna added coverage or otherwise expressed support for Boeing, but the broader analyst reaction remains mixed. Boeing Stock Picked Up by Analysts at Susquehanna
  • Negative Sentiment: Boeing’s quarterly EPS loss of $0.34 missed the consensus loss estimate of $0.25. Although revenue exceeded expectations and increased year over year, the earnings shortfall renewed concerns about execution and profitability.
  • Negative Sentiment: Analysts at JPMorgan, Baird, Morgan Stanley, Wells Fargo and TD Cowen lowered their Boeing price targets or issued cautious forecasts, signaling reduced confidence in the pace of the turnaround. Boeing Stock Price Target Cut by Morgan Stanley
  • Negative Sentiment: Recent commentary argues that Boeing’s anticipated $10 billion cash-flow recovery has been pushed out, making the company’s high leverage and balance-sheet weakness more important to investors. Boeing: A $10 Billion Cash Flow Dream Delayed
  • Negative Sentiment: A law firm is investigating potential securities-law violations, adding headline and litigation risk, although no wrongdoing has been established. Kaplan Fox Investigation

Boeing Company Profile

(Get Free Report)

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.

Recommended Stories

Analyst Recommendations for Boeing (NYSE:BA)

Receive News & Ratings for Boeing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boeing and related companies with MarketBeat.com's FREE daily email newsletter.