Boeing (BA) – Investment Analysts’ Weekly Ratings Changes

Boeing (NYSE: BA) has recently received a number of price target changes and ratings updates:

• 1/29/2025 – Boeing had its price target raised by analysts at Wells Fargo & Company from $85.00 to $103.00. They now have an “underweight” rating on the stock.
• 1/29/2025 – Boeing had its price target raised by analysts at Susquehanna from $200.00 to $205.00. They now have a “positive” rating on the stock.
• 1/29/2025 – Boeing had its price target raised by analysts at JPMorgan Chase & Co. from $190.00 to $200.00. They now have an “overweight” rating on the stock.
• 1/29/2025 – Boeing had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $200.00 price target on the stock.
• 1/29/2025 – Boeing had its price target raised by analysts at UBS Group AG from $208.00 to $217.00. They now have a “buy” rating on the stock.
• 1/24/2025 – Boeing had its price target lowered by analysts at Citigroup Inc. from $209.00 to $207.00. They now have a “buy” rating on the stock.
• 1/6/2025 – Boeing was upgraded by analysts at Barclays PLC from an “equal weight” rating to an “overweight” rating. They now have a $210.00 price target on the stock, up previously from $190.00.
• 1/2/2025 – Boeing had its price target raised by analysts at Deutsche Bank Aktiengesellschaft from $184.00 to $215.00. They now have a “buy” rating on the stock.
• 12/12/2024 – Boeing was upgraded by analysts at Northcoast Research from a “sell” rating to a “neutral” rating.

Boeing Price Performance

BA stock traded up $0.53 on Tuesday, reaching $176.40. 4,493,778 shares of the company traded hands, compared to its average volume of 8,464,364. The Boeing Company has a one year low of $137.03 and a one year high of $213.77. The company has a market cap of $109.05 billion, a P/E ratio of -9.63 and a beta of 1.52. The firm has a fifty day simple moving average of $169.95 and a 200-day simple moving average of $164.02.

Boeing (NYSE:BA) last posted its quarterly earnings data on Tuesday, January 28th. The aircraft producer reported ($5.90) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.60) by ($4.30). During the same quarter in the prior year, the company earned ($0.47) earnings per share. On average, sell-side analysts forecast that The Boeing Company will post -2.12 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. AdvisorNet Financial Inc increased its holdings in shares of Boeing by 54.2% in the 4th quarter. AdvisorNet Financial Inc now owns 2,021 shares of the aircraft producer’s stock worth $358,000 after purchasing an additional 710 shares in the last quarter. Carnegie Investment Counsel increased its holdings in shares of Boeing by 175.6% in the 4th quarter. Carnegie Investment Counsel now owns 4,619 shares of the aircraft producer’s stock worth $818,000 after purchasing an additional 2,943 shares in the last quarter. Rockefeller Capital Management L.P. increased its holdings in shares of Boeing by 8.8% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 473,917 shares of the aircraft producer’s stock worth $72,075,000 after purchasing an additional 38,300 shares in the last quarter. Principal Financial Group Inc. increased its holdings in shares of Boeing by 6.1% in the 3rd quarter. Principal Financial Group Inc. now owns 666,244 shares of the aircraft producer’s stock worth $101,296,000 after purchasing an additional 38,332 shares in the last quarter. Finally, Jennison Associates LLC increased its holdings in shares of Boeing by 9.9% in the 3rd quarter. Jennison Associates LLC now owns 6,700,706 shares of the aircraft producer’s stock worth $1,018,775,000 after purchasing an additional 602,143 shares in the last quarter. Institutional investors own 64.82% of the company’s stock.

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.