StockNews.com Upgrades Boeing (NYSE:BA) to Hold

Market Beat
2025.05.11 03:43

StockNews.com has upgraded Boeing (NYSE:BA) from a "sell" to a "hold" rating. Other analysts have also given positive ratings, with Royal Bank of Canada setting a target price of $200.00. Boeing's stock traded at $194.53, with a market cap of $146.68 billion. The company reported a quarterly earnings per share of ($0.49), beating estimates. Insider selling was noted, with executives reducing their stakes. Several large investors have increased their holdings in Boeing recently, indicating continued interest in the stock.

Boeing (NYSE:BA - Get Free Report) was upgraded by stock analysts at StockNews.com from a "sell" rating to a "hold" rating in a report issued on Friday.

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Other research analysts also recently issued research reports about the company. Royal Bank of Canada reissued an "outperform" rating and set a $200.00 target price on shares of Boeing in a research note on Wednesday, April 23rd. JPMorgan Chase & Co. increased their price objective on shares of Boeing from $190.00 to $200.00 and gave the company an "overweight" rating in a research note on Wednesday, January 29th. Cowen reaffirmed a "buy" rating on shares of Boeing in a research note on Wednesday. Melius upgraded shares of Boeing from a "hold" rating to a "buy" rating in a report on Monday, March 24th. Finally, Morgan Stanley raised their price objective on Boeing from $175.00 to $185.00 and gave the company an "equal weight" rating in a report on Thursday, April 24th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $201.85.

Get Our Latest Stock Report on BA

Boeing Stock Performance

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BA traded up $2.83 during trading on Friday, reaching $194.53. 7,653,112 shares of the stock were exchanged, compared to its average volume of 9,076,289. The stock has a market cap of $146.68 billion, a P/E ratio of -10.62 and a beta of 1.41. The stock's 50 day moving average price is $167.01 and its two-hundred day moving average price is $166.84. Boeing has a twelve month low of $128.88 and a twelve month high of $196.95.

Boeing (NYSE:BA - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The aircraft producer reported ($0.49) earnings per share for the quarter, beating the consensus estimate of ($1.39) by $0.90. The company had revenue of $19.50 billion during the quarter, compared to the consensus estimate of $19.57 billion. During the same period in the prior year, the company earned ($1.13) earnings per share. The firm's revenue was up 17.7% compared to the same quarter last year. Equities research analysts predict that Boeing will post -2.58 earnings per share for the current fiscal year.

Insider Buying and Selling

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In other Boeing news, EVP David Christopher Raymond sold 3,899 shares of the company's stock in a transaction on Friday, May 2nd. The shares were sold at an average price of $187.01, for a total transaction of $729,151.99. Following the transaction, the executive vice president now owns 42,513 shares in the company, valued at approximately $7,950,356.13. This represents a 8.40 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Uma M. Amuluru sold 3,159 shares of Boeing stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $180.69, for a total transaction of $570,799.71. Following the transaction, the executive vice president now owns 19,213 shares of the company's stock, valued at $3,471,596.97. This represents a 14.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.09% of the stock is owned by insiders.

Hedge Funds Weigh In On Boeing

Several large investors have recently added to or reduced their stakes in the business. Blue Barn Wealth LLC raised its holdings in shares of Boeing by 64.1% in the first quarter. Blue Barn Wealth LLC now owns 2,548 shares of the aircraft producer's stock valued at $435,000 after purchasing an additional 995 shares during the last quarter. Waycross Partners LLC raised its stake in shares of Boeing by 43.4% during the 1st quarter. Waycross Partners LLC now owns 181,120 shares of the aircraft producer's stock valued at $30,890,000 after purchasing an additional 54,851 shares during the period. Deutsche Bank AG grew its stake in Boeing by 38.4% during the first quarter. Deutsche Bank AG now owns 1,805,186 shares of the aircraft producer's stock valued at $307,874,000 after acquiring an additional 501,161 shares in the last quarter. Monetta Financial Services Inc. boosted its holdings in Boeing by 3.7% in the 1st quarter. Monetta Financial Services Inc. now owns 8,400 shares of the aircraft producer's stock valued at $1,433,000 after purchasing an additional 300 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in Boeing by 0.5% during the first quarter. Charles Schwab Investment Management Inc. now owns 4,198,059 shares of the aircraft producer's stock worth $715,979,000 after buying an additional 19,615 shares in the last quarter. Institutional investors own 64.82% of the company's stock.

About Boeing

(Get Free Report)

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through Commercial Airplanes; Defense, Space & Security; and Global Services segments.

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