The Boeing Company (BA) Stock Price & Analysis
The Boeing Company (BA) closed at USD 187.55 on Thursday, October 22, 2026, down 2.46% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 192.28; the Oct 22, 2026 session ranged USD 186.77–193.19 on volume of 6,472,719 shares. Market capitalization is $148.23B, with a 52-week range of USD 176.77–254.35 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 08:42 UTC.
Also available as compact Markdown for AI agents: nexqual.com/BA.md
Key facts (BA)
- Last four reported quarters (through Jun 30, 2026): revenue $94.0B, net income $2.44B (2.6% margin), free cash flow -$210M (SEC filings).
- Valuation: P/E 60.9x (avg 74.1x at the last 1 fiscal year-ends), EV/EBITDA 26.2x, net debt $30.1B.
- Earnings quality: non-operating income $750M vs operating income $4.60B over the last four quarters; P/E excluding non-operating income ≈83.5x (estimate: non-operating income taxed at the company's 12% effective rate).
- 6 of 80 tracked superinvestors hold BA (13F, Q2 2026): 1 new, 3 added, 2 reduced, 0 unchanged.
- Insider open-market purchases, last ~7 months: 1 Form 4 filing, $299K; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: Buy (mean 1.90 on a 1–5 scale) (29 analysts), mean target USD 267.22 (range 206–305).
- Total return with dividends: 1Y -13.9% vs S&P 500 +14.9%; 5Y -11.9% vs S&P 500 +80.3%.
- Next earnings: 2026-10-27, EPS estimate USD -0.2, revenue estimate $24.4B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (BA)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $62.3B | $66.6B | $77.8B | $66.5B | $89.5B | $94.0B |
| Gross profit | $3.05B | $3.53B | $7.72B | -$1.99B | $4.29B | — |
| Operating income | -$2.87B | -$3.52B | -$773M | -$10.7B | $4.28B | $4.60B |
| Net income | -$4.20B | -$4.93B | -$2.22B | -$11.8B | $2.23B | $2.44B |
| EPS (diluted) | -$7.15 | -$8.30 | -$3.67 | -$18.36 | $2.48 | — |
| Free cash flow | -$4.40B | $2.29B | $4.43B | -$14.3B | -$1.88B | -$210M |
| Gross margin | 4.9% | 5.3% | 9.9% | -3.0% | 4.8% | — |
| Operating margin | -4.6% | -5.3% | -1.0% | -16.1% | 4.8% | 4.9% |
| Net margin | -6.7% | -7.4% | -2.9% | -17.8% | 2.5% | 2.6% |
| Revenue growth | +7.1% | +6.9% | +16.8% | -14.5% | +34.5% | — |
| Cash + short-term investments | $16.2B | $17.2B | $16.0B | $26.3B | $29.4B | — |
| Total debt | $59.2B | $62.0B | $57.3B | $54.9B | $62.3B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (BA)
P/E 60.9x · P/E ex non-operating (est.) ≈83.5x · P/S 1.6x · EV/EBITDA 26.2x · EV/Sales 1.9x · P/B 24.3x · FCF yield -0.14% · Earnings yield 1.64% · Dividend yield (paid, TTM) 0.23% · Net debt $30.1B · EV $178B
P/E at fiscal year-ends: Dec 2025 74.1x.
Superinvestors (SEC 13F-HR, Q2 2026) (BA)
6 of 80 tracked investors hold BA. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Hillman Capital | Hillman Capital Management | 3.38% | $4.7M | Reduced -3.4% |
| Harry Burn | Sound Shore | 2.71% | $88.1M | Added +14.7% |
| David Tepper | Appaloosa Management | 2.32% | $173M | New position |
| Viking Global | Viking Global Investors | 2.02% | $709M | Added +2.5% |
| Sarah Ketterer | Causeway Capital Management | 0.73% | $67.8M | Reduced -0.3% |
| Mairs & Power | Mairs & Power Funds | 0.01% | $574K | Added +2.0% |
Insider purchases (SEC Form 4, open-market, last ~7 months) (BA)
1 purchase, $299K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-05-20 | Tilden Bradley D | Director | 1,370 | $299K | 218.5 | Too little history (no open-market trades in 2023–2025) |
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (BA)
Consensus Buy (mean 1.90 on a 1–5 scale), 29 analysts; mean target USD 267.22 (low 206, high 305).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-19 | Morgan Stanley | Target lowered | Equal-Weight | $250 → $225 |
| 2026-10-15 | RBC Capital | Target lowered | Outperform | $265 → $235 |
| 2026-10-12 | Bernstein | Target lowered | Outperform | $298 → $278 |
| 2026-10-09 | TD Cowen | Target lowered | Buy | $250 → $240 |
| 2026-10-09 | Barclays | Initiated | Overweight | $300 |
| 2026-09-21 | Jefferies | Target lowered | Buy | $295 → $265 |
| 2026-09-18 | B of A Securities | Reiterated | Buy | $270 |
| 2026-08-11 | Argus Research | Upgrade | Hold → Buy | $265 |
| 2026-08-06 | Tigress Financial | Target raised | Buy | $295 → $305 |
| 2026-08-03 | BNP Paribas | Upgrade | Underperform → Outperform | $230 → $300 |
| 2026-07-29 | JP Morgan | Target raised | Overweight | $270 → $290 |
| 2026-07-29 | RBC Capital | Target lowered | Outperform | $275 → $265 |
Total return (dividends reinvested) (BA)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -13.9% | -11.9% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -13.9% | -2.5% |
| Volatility (annualized) | 34.1% | 38.0% |
| Max drawdown | -26.9% (Jan 2026→Sep 2026) | -48.3% (Dec 2023→Mar 2025) |
BA revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Commercial Airplanes | $11.75B | 47.8% | +8.1% |
| Defense, Space & Security | $7.48B | 30.5% | +13.1% |
| Global Services | $5.34B | 21.8% | +1.2% |
| Total revenue | $24.56B | 100% | — |
BA revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Product | $21.37B | 87.0% | +11.7% |
| Service | $3.19B | 13.0% | -11.9% |
| Total revenue | $24.56B | 100% | — |
BA revenue by region (fiscal year ended Dec 31, 2025)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| United States | $48.08B | 53.7% | +32.9% |
| Total non-U.S. revenues | $41.38B | 46.3% | +34.4% |
| — Asia (part of Total non-U.S. revenues) | $16.47B | 18.4% | +37.3% |
| — Europe (part of Total non-U.S. revenues) | $11.42B | 12.8% | +30.7% |
| — Middle East (part of Total non-U.S. revenues) | $7.02B | 7.9% | +51.5% |
| — Canada (part of Total non-U.S. revenues) | $1.78B | 2.0% | +21.0% |
| — Africa (part of Total non-U.S. revenues) | $1.63B | 1.8% | +42.2% |
| — Oceania (part of Total non-U.S. revenues) | $1.59B | 1.8% | +1.4% |
| — Latin America (part of Total non-U.S. revenues) | $1.48B | 1.7% | +18.7% |
| Total revenue | $89.46B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
BA suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Competitor | Airbus | “BCA faces aggressive international competitors who are intent on increasing their market share, such as Airbus and entrants from China.” |
| Competitor | Lockheed Martin (LMT) | “BDS faces strong competition primarily from General Dynamics Corporation, Lockheed Martin Corporation, Northrop Grumman Corporation, RTX Corporation and SpaceX.” |
| Competitor | RTX (Raytheon) (RTX) | “BDS faces strong competition primarily from General Dynamics Corporation, Lockheed Martin Corporation, Northrop Grumman Corporation, RTX Corporation and SpaceX.” |
| Competitor | SpaceX | “BDS faces strong competition primarily from General Dynamics Corporation, Lockheed Martin Corporation, Northrop Grumman Corporation, RTX Corporation and SpaceX.” |
Quoted from the company's 10-K filed Jan 30, 2026.
Companies that name BA in their SEC reports
| Relationship to BA | Company | Filing | Sentence |
|---|---|---|---|
| supplier | AAR CORP (AIR) | 10-K Jul 22, 2026 | “Our Repair, Engineering, and Software segment primarily supports narrow-body Airbus, Boeing and Embraer regional aircraft for customers, as well as U.S. government defense agencies.” |
| competitor | FREQUENCY ELECTRONICS INC (FEIM) | 10-K Jul 17, 2026 | “Company's principal competition for space products is the in-house capability of its major customers such as Boeing, Northrop Grumman” |
| competitor | AeroVironment Inc (AVAV) | 10-K Jun 29, 2026 | “Our current principal competitors include Elbit Systems Ltd., Quantum-Systems, Inc., Redwire Corporation, Teledyne Technologies, Inc., Sierra Nevada Corporation, Lockheed Martin Corporation, The Boeing Company, Textron, Inc., Shield AI, Inc., Northrop Grumman Corporation, Griffon Aerospace, Inc., L3Harris Technologies, Inc., Anduril Industries, Inc., Airbus SE and Israeli Aircraft Industries.” |
| partner | RYANAIR HOLDINGS PLC (RYAAY) | 20-F Jun 22, 2026 | “In May 2023, Ryanair announced that it had entered into a purchase agreement with Boeing (the "2023 Boeing Contract") to purchase up to 300 Boeing 737 MAX-10 series aircraft (of which 150 are firm orders and 150 are subject to an option exercisable at Ryanair's discretion) for delivery between 2027 to 2033 (inclusive).” |
| supplier | GRAHAM CORP (GHM) | 10-K Jun 8, 2026 | “A representative list of our customers include: 3M, Air Liquide, Anduril, Applied Research Laboratory at Pennsylvania State University, Aramco, Axiom Space, Bechtel Plant Machinery Inc., Blue Origin, Boeing, CERN, China State-owned Refiners, Cummins, Dow Chemical, DuPont, Echogen Power Systems, General Atomics, General Dynamics, GE Vernova, ExxonMobil, Fluor Corporation, Intuitive Machines, Jacobs Engineering Grou…” |
| competitor | VIASAT INC (VSAT) | 10-K May 29, 2026 | “We may also compete directly with the largest defense prime contractors, including Boeing, Lockheed Martin, Northrop Grumman and Raytheon Technologies Corporation.” |
| supplier | RBC Bearings INC (RBC) | 10-K May 15, 2026 | “largest Aerospace & Defense customers include the DOD, Boeing, Airbus, Newport News Shipbuilding, Lockheed Martin, Northrop Grumman,” |
| supplier | Central North Airport Group (OMAB) | 20-F Apr 30, 2026 | “On January 6, 2024, the Federal Aviation Administration (FAA) ordered the temporary grounding of 171 Boeing 737-9 MAX aircraft worldwide, affecting Aeromexico, which is one of our main airline customers, as it has a significant number of these aircraft in its fleet.” |
| customer | Grupo Aeromexico, S.A.B. de C.V. (AERO) | 20-F Apr 30, 2026 | “These increased costs could affect our cost structure, particularly in connection with aircraft and spare parts sourced from international manufacturers such as Boeing and other U.S.-based suppliers.” |
| partner | Starfighters Space, Inc. (FJET) | 10-K Apr 15, 2026 | “1. companies providing dedicated and rideshare launch vehicles to deliver small payloads to generic and custom planes/inclinations and altitude trajectories, such as Northrop Grumman, SpaceX, United Launch Alliance (a joint venture between Lockheed Martin Corporation and The Boeing Company), Rocket Labs, and established Russian, Indian, Chinese, European, and Japanese launch providers;” |
| competitor | AZUL SA (AZUL) | 20-F Apr 3, 2026 | “Additionally, we believe that markets with a history of underserved demand, typically located in less populated areas of the country, cannot be profitably served by the larger aircraft in the Boeing 737 and Airbus A320 families—which make up the core fleets of our main competitors—and are better served by the smaller, lower-cost aircraft we operate, such as Embraer E-Jets and ATRs.” |
| competitor | Intuitive Machines, Inc. (LUNR) | 10-K Mar 19, 2026 | “Competitors of the Company's recently acquired subsidiary, Lanteris, include, with respect to civil space missions various companies including BAE Systems, Blue Origin, Boeing, Lockheed Martin, Northrop Grumman, SpaceX, and Voyager.” |
| supplier | TAT TECHNOLOGIES LTD (TATT) | 20-F Mar 18, 2026 | “customers worldwide, including OEMs and tier one players in their respective markets such as Boeing, Embraer, Lockheed Martin Corporation” |
| competitor | ELBIT SYSTEMS LTD (ESLT) | 20-F Mar 17, 2026 | “Our main competitors include divisions and subsidiaries of Northrop Grumman, Raytheon, General Dynamics, BAE Systems, L3Harris, Thales, Airbus, Leonardo, Saab, Textron, Teledyne Technologies, Boeing, Lockheed Martin, AeroVironment, Rohde & Schwarz, Rheinmetall, Kongsberg, Safran, Hensoldt, CMC, CAE, Aselsan, Bharat Electronics, Cubic, Cognyte, Baykar, Turkish Aircraft Industries, Hanwha, LIG Next1 and Poongsan.” |
| supplier | CID Holdco, Inc. (DAIC) | 10-K Mar 11, 2026 | “While at Boeing, Mr. Skowronski instituted new risk management, customer relations and investor outreach programs.” |
BA company outlook (results filed Jul 28, 2026)
- “The company continues to anticipate certification in 2026 and first delivery in 2027 for both variants.”
- “The company continues to anticipate first delivery in 2027.”
- “The company continues to anticipate first delivery in 2028.”
- “(10) realizing the anticipated benefits of mergers, acquisitions, joint ventures/strategic alliances or divestitures, including anticipated synergies and quality improvements related to our acquisition of Spirit AeroSystems Holdings, Inc.;”
Quoted word-for-word from the SEC 8-K results press release.
BA analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $-0.20 | $-0.11 | +80.9% | $24.37B | 21 |
| Next quarter (ends Dec 2026) | $0.01 | $0.05 | -80.4% | $26.33B | 20 |
| Current fiscal year (ends Dec 2026) | $-1.10 | $-0.50 | +121.5% | $97.50B | 23 |
| Next fiscal year (ends Dec 2027) | $3.76 | $4.10 | -8.5% | $111.92B | 20 |
BA options: expected move
Options price a move of about ±6.1% (±$11.45) by Oct 30, 2026, which includes earnings on Oct 27, 2026. Over the last 8 reports the stock moved ±4.8% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Oct 30, 2026 | 7 | 51.5% | ±6.1% |
| Nov 6, 2026 | 14 | 44.5% | ±7.2% |
| Nov 13, 2026 | 21 | 40.2% | ±8.0% |
| Nov 20, 2026 | 28 | 38.2% | ±8.6% |
| Nov 27, 2026 | 35 | 37.2% | ±9.4% |
| Dec 4, 2026 | 42 | 37.5% | ±10.4% |
| Dec 18, 2026 | 56 | 35.2% | ±11.2% |
| Jan 15, 2027 | 84 | 34.2% | ±13.3% |
30-day implied volatility 37.9% vs 32.7% realized over the last 30 trading days. Put/call ratio (volume) 0.42. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 08:42 UTC)
| Price | USD 187.55 |
|---|---|
| Change | ▼ 2.46% (down) |
| Previous Close | USD 192.28 |
| Open | USD 191.49 |
| Day Range | USD 186.77 – 193.19 |
| 52-Week Range | USD 176.77 – 254.35 |
| Volume | 6,472,719 shares |
| Market Cap | $148.23B |
| Exchange | NYQ |
Technical Analysis (BA)
Nexqual's technical model rates BA "STRONG SELL" based on 0 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 08:42 UTC.
| Overall Signal | STRONG SELL |
|---|---|
| RSI (14) | 39.59 (neutral) |
| vs SMA50 | Below (USD 201.97) |
| MACD | -3.38 (negative) |
Analyst Ratings (BA)
Wall Street analysts rate BA "Buy" based on 29 analysts, with a mean price target of USD 267.22 (range USD 206–305), per Nexqual as of October 23, 2026 at 08:42 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 29 |
| Mean Target | USD 267.22 |
| High Target | USD 305 |
| Low Target | USD 206 |
| Buy / Hold / Sell | 25 / 4 / 0 |
Earnings (BA)
| Next Earnings Date | 2026-10-27 |
|---|---|
| EPS Estimate | USD -0.2 |
| Revenue Estimate | $24.37B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD -0.76 vs est -0.31 ▼ miss |
| 2026-03-31 | USD -0.2 vs est -0.67 ▲ beat |
| 2025-12-31 | USD 9.92 vs est -0.41 ▲ beat |
| 2025-09-30 | USD -7.47 vs est -2.38 ▼ miss |
Source: Nexqual, October 23, 2026 at 08:42 UTC.
Financials & Fundamentals (BA)
| Total Revenue | $93.99B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +8.00% |
| Gross Margin | +4.71% |
| Operating Margin | +0.00% |
| Profit Margin | +2.59% |
| ROE | +173.54% |
| Debt / Equity | 7.91 |
| Current Ratio | 1.14 |
| Total Cash | $19.30B |
| Total Debt | $48.36B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | -$210.00M (-0.2% of revenue) |
Source: Nexqual, October 23, 2026 at 08:42 UTC.
Financial Health Score (BA)
Nexqual rates The Boeing Company's overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 08:42 UTC.
| Growth | Strong — Revenue +34% YoY (annual) |
|---|---|
| Profitability | Weak — Gross margin 5%, operating 0% (last 12 months) |
| Balance Sheet | Critical — $20.0B cash and investments vs $50.2B debt (Jun 2026, SEC) |
| Cash Flow | Weak — FCF negative: -$210M (last 4 quarters to Jun 2026, SEC), burning cash |
| Efficiency | Strong — ROE 174%, ROA -2.0% |
Ownership (BA)
| Insider Ownership | +0.06% |
|---|---|
| Institutional Ownership | +76.83% |
| Shares Outstanding | 790.37M |
| Float | 789.16M |
| Short % of Float | +1.87% |
Source: Nexqual, October 23, 2026 at 08:42 UTC.
Leadership (BA)
The Boeing Company is led by Robert K. Ortberg, President, CEO & Director, per Nexqual as of October 23, 2026 at 08:42 UTC.
| President, CEO & Director | Robert K. Ortberg |
|---|---|
| Executive VP & CFO | Jesus Malave |
| Executive VP & President and CEO of Boeing Commercial Airplanes | Stephanie F. Pope |
| Vice President of Investor Relations | Eric Hill |
| Senior Vice President of Commercial Sales & Marketing | Brad McMullen |
Major Backers & Investors (BA)
Notable institutional backers of The Boeing Company include FMR, LLC, Capital Group, Newport Trust Company, LLC, according to Nexqual as of October 23, 2026 at 08:42 UTC.
Active Investors
| Investor | Stake |
|---|---|
| FMR, LLC | 7.46% |
| Capital Group | 3.88% |
| Newport Trust Company, LLC | 3.58% |
| Fidelity | 2.95% |
| LOOMIS SAYLES & CO L P | 1.76% |
| Bank of America Corporation | 1.43% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 8.21% |
| BlackRock | 7.72% |
| State Street | 4.81% |
| Geode Capital | 2.27% |
Source: Nexqual, October 23, 2026 at 08:42 UTC.
Legal & Regulatory Risks from The Boeing Company's Latest 10-K (filed 2026-01-30)
- The outcome of litigation and of government inquiries and investigations involving our business is unpredictable, and an adverse decision in any such matter could have a material effect on our financial position, results of operations and cash flows.
- We may be adversely affected by global climate change or by legal, regulatory or market responses to such change.
Source: SEC EDGAR 10-K, Item 1A, official filing.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| LMT | Lockheed Martin Corporation | USD 589.91 | ▲ 6.96% |
| GD | General Dynamics Corporation | USD 350.79 | ▲ 1.76% |
| RTX | RTX Corporation | USD 194.71 | ▲ 1.62% |
| HWM | Howmet Aerospace Inc. | USD 193.29 | ▼ 7.14% |
| NOC | Northrop Grumman Corporation | USD 552.35 | ▲ 2.42% |
| GE | GE Aerospace | USD 293.54 | ▼ 0.79% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 08:42 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt