The company reported adjusted earnings of $9.92 per share for the fourth quarter, reversing a loss of $5.90 per share in the prior year period and beating estimates by $10.32. Revenue rose 57.1% year-over-year to $23.95 billion, driven by a 160-aircraft delivery tally—its highest quarterly commercial output since 2018. Free cash flow reached $375 million, surpassing consensus by over $100 million thanks to favorable working-capital timing and higher deliveries. The commercial-airplanes backlog hit a record valuation of $567 billion, while defense backlog climbed 37% to $85 billion, underscoring strength across both segments.

Following the results, multiple Wall Street firms raised their price targets and ratings. One major bank lifted its target by $5 to $245 with an overweight rating, while another firm increased its outlook from $277 to $298, maintaining an outperform recommendation. Two analysts reiterated strong-buy assessments and set objectives above $275. Of the 26 research reports published, 19 now carry buy or stronger endorsements and four maintain sell views, yielding an aggregate consensus rating of Moderate Buy and an average target near $242.

Senior Vice President Dana Deasy expanded his stake by acquiring 554 shares at an average cost of $178.88, boosting his holdings to 28,442 shares, a 1.99% increase. Meanwhile, Executive Vice President Uma Amuluru trimmed her position by selling 1,366 shares at approximately $197.66 each, reducing her ownership by 8.53%. On the institutional front, Vanguard Group increased its position by 1.7% to hold 66.8 million shares, while SteelPeak Wealth added 8,833 shares (up 50.4%) in the latest quarter. Overall, 64.8% of the company’s shares are held by institutional investors and hedge funds.