Negative Earnings Estimate for Boeing by Zacks Research

On February 18th, 2025, Zacks Research analysts revised their earnings per share (EPS) estimates downward for Boeing Company (NYSE:BA). The new forecast indicates that Boeing is expected to report an EPS of ($2.95) for the first quarter of 2025, a significant drop from the previous estimate of ($0.67). The general consensus among analysts now anticipates full-year earnings for Boeing to be around ($2.58) per share.

Zacks has also provided projections for Boeing’s earnings for other quarters in 2025. For the second quarter, they anticipate an EPS of ($0.87), in the third quarter, a slightly less negative EPS of ($0.77), and for the fourth quarter, they expect earnings to land at ($0.40). Cumulatively, for the entire year of 2025, Zacks estimates an EPS of ($4.99). Looking ahead to 2026, they forecast a turnaround with Q1 earnings at $1.27 EPS, Q2 at $0.30 EPS, Q3 at $0.36 EPS, and Q4 at $0.28 EPS, leading to an annual estimate of $2.21 EPS for the year.

Analyst Ratings and Price Targets

Several brokerage firms have recently made adjustments to their ratings and price targets for Boeing. UBS Group raised their price objective from $208.00 to $217.00 and maintained a “buy” rating. On the same date, JPMorgan Chase increased their price target from $190.00 to $200.00 and rated the stock as “overweight.” Barclays upgraded their rating from “equal weight” to “overweight” with a new target price of $210.00, while Susquehanna also increased their target price from $200.00 to $205.00, issuing a “positive” rating. Additionally, Citigroup raised their target price from $207.00 to $210.00, continuing to give Boeing a “buy” rating.

Market consensus currently reflects a “Moderate Buy” with an average target price of $195.16, supported by a mixture of ratings: two analysts have issued a sell rating, eight a hold rating, thirteen a buy rating, and one a strong buy rating.

Boeing Stock Overview

On Friday, shares of Boeing opened at $177.34. Recent performance shows a 50-day moving average of $176.74, and a 200-day moving average of $164.39. Boeing has a market capitalization of approximately $133 billion and currently holds a P/E ratio of -9.68, with a beta of 1.52. Over the last 52 weeks, the stock has reached a low of $137.03 and a high of $208.10.

Recent Earnings Report

Boeing's most recent quarterly earnings, released on January 28th, showed an EPS of ($5.90), which fell significantly short of analysts’ estimates of ($1.60), missing by $4.30. Comparatively, the same quarter the previous year saw the company report an EPS of ($0.47).

Insider Transactions

In recent insider activity, Boeing’s Executive Vice President, Uma M. Amuluru, sold 3,159 shares of the company on February 20th at an average price of $180.69, totaling about $570,799.71. Following this transaction, Amuluru retains ownership of 19,213 shares valued at roughly $3.47 million, reflecting a 14.12% decrease in ownership. Insider ownership of Boeing stock is recorded at 0.16%.

Institutional Investor Activity

Institutional investors have been active in changing their positions in Boeing. Recent purchases included Sierra Ocean LLC acquiring a stake valued at $26,000, Sugar Maple Asset Management LLC at $27,000, and Fiduciary Advisors Inc. at $28,000. HighMark Wealth Management LLC has notably increased its holdings by 121.6% in the fourth quarter, now possessing 164 shares valued at $29,000. Anfield Capital Management LLC also increased their holdings by 113.1%, bringing their total to 179 shares valued at $32,000. Overall, institutional investors hold about 64.82% of Boeing's stock.

About Boeing

The Boeing Company, through its subsidiaries, is involved in designing, developing, manufacturing, selling, servicing, and supporting commercial jetliners, military aircraft, satellites, missile defense systems, and human space flight. The company operates via several segments, including Commercial Airplanes, Defense, Space & Security, and Global Services.

Boeing, Earnings, Estimates