Citigroup Lowers Boeing (NYSE:BA) Price Target to $256.00

Boeing (NYSE:BA) had its target price decreased by investment analysts at Citigroup from $290.00 to $256.00 in a report released on Thursday,Benzinga reports. The firm currently has a “buy” rating on the aircraft producer’s stock. Citigroup’s target price would suggest a potential upside of 24.80% from the stock’s previous close.

Several other equities research analysts also recently commented on the stock. JPMorgan Chase & Co. boosted their target price 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. Morgan Stanley set a $245.00 target price on Boeing in a report on Wednesday, January 28th. Wolfe Research reissued an “outperform” rating on shares of Boeing in a report on Tuesday, January 27th. UBS Group increased their price target on shares of Boeing from $275.00 to $285.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Finally, Royal Bank Of Canada boosted their target price on Boeing from $265.00 to $275.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 28th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Boeing presently has a consensus rating of “Moderate Buy” and an average target price of $252.48.

Boeing Stock Performance

NYSE BA traded down $2.19 during trading on Thursday, hitting $205.13. The company’s stock had a trading volume of 2,620,779 shares, compared to its average volume of 7,507,846. The firm has a 50 day moving average price of $224.89 and a 200 day moving average price of $216.53. The firm has a market cap of $161.10 billion, a P/E ratio of 102.10 and a beta of 1.13. The company has a quick ratio of 0.40, a current ratio of 1.19 and a debt-to-equity ratio of 8.37. Boeing has a 52 week low of $128.88 and a 52 week high of $254.35.

Boeing (NYSE:BA) last issued its earnings results on Tuesday, January 27th. The aircraft producer reported $9.92 earnings per share for the quarter, beating the consensus estimate of ($0.40) by $10.32. The business had revenue of $23.95 billion for the quarter, compared to analyst estimates of $22.41 billion. During the same quarter last year, the firm posted ($5.90) earnings per share. Boeing’s revenue was up 57.1% on a year-over-year basis. Equities research analysts forecast that Boeing will post -2.58 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, EVP Uma M. Amuluru sold 2,731 shares of the company’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $236.00, for a total transaction of $644,516.00. Following the completion of the transaction, the executive vice president directly owned 11,925 shares of the company’s stock, valued at $2,814,300. This represents a 18.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Ann M. Schmidt sold 6,281 shares of the firm’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $243.37, for a total transaction of $1,528,606.97. Following the completion of the transaction, the senior vice president directly owned 13,978 shares of the company’s stock, valued at approximately $3,401,825.86. This trade represents a 31.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 21,012 shares of company stock valued at $4,980,687 over the last 90 days. 0.10% of the stock is owned by company insiders.

Hedge Funds Weigh In On Boeing

A number of institutional investors have recently added to or reduced their stakes in the company. Revolve Wealth Partners LLC bought a new position in Boeing during the fourth quarter worth $201,000. Sivia Capital Partners LLC raised its position in shares of Boeing by 16.5% in the second quarter. Sivia Capital Partners LLC now owns 1,529 shares of the aircraft producer’s stock valued at $320,000 after purchasing an additional 217 shares during the period. Twin Peaks Wealth Advisors LLC bought a new position in shares of Boeing in the second quarter valued at about $150,000. 1832 Asset Management L.P. acquired a new stake in shares of Boeing during the 2nd quarter worth about $2,053,000. Finally, Alpha Family Trust bought a new stake in shares of Boeing during the 2nd quarter worth about $331,000. 64.82% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Large, multi-year defense orders and production ramp plans — the Pentagon reached a framework to triple PAC‑3 MSE seeker production with Boeing and Lockheed, which supports durable defense revenue and backlog visibility for BA. Pentagon says boost production
• Positive Sentiment: New missile orders and contracts — multiple reports highlight a “huge” missile deal and Pentagon demand that should materially boost BA’s defense sales and justify higher near‑term cash flow from military programs. Boeing lands huge new missile deal
• Positive Sentiment: Analyst upgrade — Wells Fargo initiated coverage with an “overweight” / $250 price target, providing a bullish catalyst and helping explain earlier buying interest. Wells Fargo initiates coverage
• Neutral Sentiment: Space reputation boost — the Boeing‑built SLS core stage powered the crewed Artemis II mission, strengthening Boeing’s credentials in space programs (positive PR, potential program follow‑on revenue). Boeing-built SLS powers Artemis II
• Neutral Sentiment: Legal development reduces uncertainty — an appeals court denied an effort to reopen a criminal case tied to past aircraft matters, easing one legal overhang (limited direct near-term financial impact). Appeals court denies redo
• Negative Sentiment: Production and supplier noise — reports show Spirit Aerostructures’ fuselage rail deliveries slowed in March and 737 output still trails targets; that raises near‑term delivery and revenue risk for commercial programs. Spirit deliveries slow
• Negative Sentiment: Ongoing safety/quality scrutiny — coverage noting recent safety headlines keeps a valuation haircut possible and sustains investor caution despite stronger defense news. Safety scrutiny and valuation debate

Boeing Company Profile

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.