Boeing (NYSE:BA) Stock Rating Upgraded by Wells Fargo & Company

Boeing (NYSE:BA) was upgraded by research analysts at Wells Fargo & Company to a “strong-buy” rating in a research report issued on Tuesday,Zacks.com reports.

Several other equities analysts have also recently commented on BA. The Goldman Sachs Group restated a “buy” rating on shares of Boeing in a research report on Tuesday, December 9th. JPMorgan Chase & Co. lifted their price objective on shares of Boeing from $245.00 to $270.00 and gave the company an “overweight” rating in a research note on Wednesday, January 28th. Tigress Financial boosted their price objective on shares of Boeing from $275.00 to $290.00 and gave the company a “buy” rating in a research report on Thursday, March 19th. Jefferies Financial Group restated a “buy” rating on shares of Boeing in a research note on Wednesday, March 4th. Finally, Argus raised Boeing to a “hold” rating in a report on Monday, February 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $254.10.

Boeing Stock Performance

BA opened at $207.51 on Tuesday. The company has a debt-to-equity ratio of 8.37, a quick ratio of 0.40 and a current ratio of 1.19. Boeing has a 52-week low of $128.88 and a 52-week high of $254.35. The firm has a market cap of $162.97 billion, a P/E ratio of 103.24 and a beta of 1.13. The business’s fifty day moving average is $224.89 and its 200-day moving average is $216.53.

Boeing (NYSE:BA) last posted its quarterly earnings results on Tuesday, January 27th. The aircraft producer reported $9.92 EPS for the quarter, beating analysts’ consensus estimates of ($0.40) by $10.32. The company had revenue of $23.95 billion during the quarter, compared to analyst estimates of $22.41 billion. During the same period last year, the firm earned ($5.90) EPS. The firm’s revenue for the quarter was up 57.1% compared to the same quarter last year. Sell-side analysts expect that Boeing will post -2.58 EPS for the current fiscal year.

Insider Activity at Boeing

In other Boeing news, EVP Uma M. Amuluru sold 1,503 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $233.78, for a total value of $351,371.34. Following the sale, the executive vice president owned 19,015 shares in the company, valued at $4,445,326.70. This trade represents a 7.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Howard E. Mckenzie sold 10,497 shares of the business’s stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $233.99, for a total transaction of $2,456,193.03. Following the sale, the executive vice president directly owned 14,692 shares in the company, valued at approximately $3,437,781.08. The trade was a 41.67% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 21,012 shares of company stock valued at $4,980,687. Company insiders own 0.10% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of BA. Vanguard Group Inc. grew its position in Boeing by 5.1% during the 4th quarter. Vanguard Group Inc. now owns 70,989,438 shares of the aircraft producer’s stock worth $15,413,227,000 after acquiring an additional 3,460,021 shares during the last quarter. Newport Trust Company LLC increased its holdings in Boeing by 1.0% in the 4th quarter. Newport Trust Company LLC now owns 29,485,294 shares of the aircraft producer’s stock worth $6,401,847,000 after purchasing an additional 286,848 shares in the last quarter. Geode Capital Management LLC raised its position in Boeing by 3.2% in the fourth quarter. Geode Capital Management LLC now owns 17,025,435 shares of the aircraft producer’s stock valued at $3,679,592,000 after purchasing an additional 533,753 shares during the last quarter. Fisher Asset Management LLC raised its position in Boeing by 2.5% in the fourth quarter. Fisher Asset Management LLC now owns 5,640,900 shares of the aircraft producer’s stock valued at $1,224,752,000 after purchasing an additional 135,860 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Boeing by 3.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,370,415 shares of the aircraft producer’s stock valued at $948,905,000 after purchasing an additional 138,469 shares in the last quarter. 64.82% of the stock is currently owned by institutional investors.

Key Boeing News

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing’s core stage powered NASA’s Artemis II — a high-profile success that boosts Boeing’s space and government backlog credibility and supports long‑term civil/space revenue potential. Boeing-built Space Launch System Core Stage Powers First Crewed Artemis Mission around the Moon
• Positive Sentiment: The Pentagon reached a framework deal to triple PAC‑3 MSE seeker production with Boeing and Lockheed, implying multi‑year defense revenue and manufacturing leverage for Boeing’s missile business. Boeing, Lockheed Martin to boost production of PAC-3 MSE seekers, Pentagon says
• Positive Sentiment: Wells Fargo initiated coverage of BA with an “overweight” rating and a $250 price target, signaling buy-side support and adding catalyst for upside from analyst momentum. Wells Fargo initiates coverage of Boeing (BA) with overweight recommendation
• Positive Sentiment: A federal appeals court upheld a decision to dismiss Boeing’s criminal case tied to the 737 MAX crashes, removing a major legal overhang and reducing regulatory/legal uncertainty. US appeals court upholds decision to dismiss Boeing criminal case
• Neutral Sentiment: BNP Paribas says Boeing’s supply chain shows signs of stabilization though 737 output still trails targets — good for future margin recovery but near‑term delivery growth may remain muted. Boeing supply chain shows signs of stabilization as 737 output trails target: BNP Paribas
• Neutral Sentiment: Boeing set the date to report Q1 results on April 22 — an upcoming earnings release that could reprice the stock depending on delivery cadence, margins and guidance. Boeing to Release First Quarter Results on April 22
• Negative Sentiment: Coverage and commentary continue to highlight safety and quality scrutiny — a persistent reputational and operational risk that could pressure valuation until sustained improvements are clear. Is Boeing (BA) Now At An Attractive Price After Recent Safety Scrutiny?

About Boeing

Boeing Company (NYSE: BA) is an American multinational corporation that designs, manufactures and services commercial airplanes, defense systems, and space and security technologies. Founded in 1916 by William E. Boeing in Seattle, the company today operates as an integrated aerospace and defense contractor with a global customer base. Boeing relocated its corporate headquarters to Arlington, Virginia in 2022 and maintains extensive engineering, manufacturing and service operations across the United States and around the world.

Boeing’s principal lines of business include Commercial Airplanes, which produces and supports a range of jetliners used by airlines globally; Defense, Space & Security, which develops military aircraft, rotorcraft, surveillance and reconnaissance systems, satellites, and launch and missile systems; and Boeing Global Services, which provides aftermarket maintenance, training, spare parts, digital analytics and logistics support.