Jefferies Financial Group Lowers Boeing (NYSE:BA) Price Target to $265.00

Boeing (NYSE:BA) had its price objective cut by investment analysts at Jefferies Financial Group from $295.00 to $265.00 in a research report issued to clients and investors on Monday, Benzinga reports. The firm currently has a “buy” rating on the aircraft producer’s stock. Jefferies Financial Group’s target price would suggest a potential upside of 32.10% from the stock’s current price.

A number of other analysts have also recently weighed in on the stock. Citigroup cut shares of Boeing from a “buy” rating to a “sell” rating in a report on Tuesday, August 11th. Weiss Ratings restated a “sell (d+)” rating on shares of Boeing in a research report on Tuesday, July 21st. Btg Pactual set a $260.00 price target on Boeing in a report on Tuesday, July 14th. JPMorgan Chase & Co. boosted their price objective on Boeing from $270.00 to $290.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Finally, Cantor Fitzgerald lowered Boeing to a “neutral” rating in a report on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $270.95.

Boeing Stock Performance

Shares of Boeing stock traded up $2.40 on Monday, reaching $200.60. 3,951,960 shares of the company were exchanged, compared to its average volume of 6,619,068. The firm has a market cap of $158.55 billion, a price-to-earnings ratio of 86.76 and a beta of 1.21. Boeing has a 1-year low of $176.77 and a 1-year high of $254.35. The company has a debt-to-equity ratio of 6.77, a quick ratio of 0.33 and a current ratio of 1.14. The company’s 50-day moving average is $216.12 and its two-hundred day moving average is $218.19.

Boeing (NYSE:BA) last issued its earnings results on Tuesday, July 28th. The aircraft producer reported ($0.76) earnings per share for the quarter, missing the consensus estimate of ($0.34) by ($0.42). The company had revenue of $24.56 billion during the quarter, compared to analyst estimates of $24.26 billion. Boeing had a negative return on equity of 346.82% and a net margin of 2.41%.Boeing’s quarterly revenue was up 8.0% on a year-over-year basis. During the same period in the prior year, the business earned ($1.24) earnings per share. As a group, research analysts expect that Boeing will post -0.91 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in BA. Geode Capital Management LLC increased its position in shares of Boeing by 3.2% during the 4th 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 period. Fisher Asset Management LLC grew its holdings in Boeing by 2.5% during the fourth quarter. Fisher Asset Management LLC now owns 5,640,900 shares of the aircraft producer’s stock worth $1,224,752,000 after acquiring an additional 135,860 shares during the period. Jupiter Topco LLC acquired a new position in Boeing during the second quarter worth about $911,878,000. Janus Henderson Group PLC raised its position in Boeing by 43.1% in the fourth quarter. Janus Henderson Group PLC now owns 3,907,876 shares of the aircraft producer’s stock worth $840,204,000 after acquiring an additional 1,176,074 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in Boeing by 2.5% in the 4th quarter. Bank of New York Mellon Corp now owns 3,613,462 shares of the aircraft producer’s stock valued at $784,555,000 after acquiring an additional 89,106 shares during 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: China is making progress toward finalizing its previously announced commitment to purchase 200 Boeing jets, according to the U.S. Trade Representative. Any formal confirmation could provide a substantial boost to Boeing’s commercial-aircraft backlog and improve sentiment toward its China exposure. China making progress on finalizing Boeing purchases announced in May
• Positive Sentiment: Boeing completed SES’s 13-satellite O3b mPOWER constellation after successfully launching the final three satellites. The milestone supports Boeing’s credentials in space and defense systems and could strengthen prospects for future government and commercial programs. Boeing completes 13-satellite O3b mPOWER constellation
• Positive Sentiment: The U.S. Navy awarded Boeing a $552 million contract for MQ-25A Stingray drones, implying a unit cost of approximately $184 million for three aircraft. Delivering the program near or below budget would offer evidence of improved program execution and support defense growth. Boeing’s new MQ-25A Stingray drone costs $184 million
• Neutral Sentiment: Investors are watching President Trump’s upcoming meeting with President Xi Jinping, where Boeing orders, tariffs and broader trade tensions may be discussed. The summit could produce a catalyst, but expectations also raise volatility if no progress is announced. Top S&P 500 stocks to watch as Trump and Xi Jinping meet
• Negative Sentiment: The potential China order has not yet been finalized, while geopolitical tensions and the risk of disappointing summit outcomes have kept Boeing shares under pressure. The MQ-25 program also carries schedule and execution risk, despite its attractive budget target.

About Boeing

The Boeing Company is a global aerospace company that designs, manufactures and services commercial airplanes, military aircraft, satellites, space systems and other aerospace products. Its principal business areas include commercial airplanes, defense and security, and aftermarket services that support aircraft operations throughout their life cycles.

Boeing’s commercial portfolio includes the 737, 767, 777 and 787 families of jetliners, while its defense and space operations provide products and services for the U.S.