Boeing seen posting 6.6% year-on-year revenue growth
BA•Recent company developments and analyst views
On July 21, the company asked the U.S. government to press the EU for transparency over a $3.4 billion loan package to Airbus AIR.PA.
On April 22, Boeing posted a smaller-than-expected quarterly loss amid turnaround efforts, and posted a 50% rise at its defense division on rising geopolitical tensions.
Of the 29 analysts that cover BA, 24 rate the stock "strong buy" or "buy", while the remaining 5 rate it "hold". LSEG shows a median price target of $269.00, implying about a 26% premium to the current stock price.
Stock performance and options market expectations
BA shares are down about 1.9% year to date, versus an 8.6% gain in the Dow Industrials .DJI and a 13.9% advance in the S&P 1500 Aerospace & Defense index .SPCOMAED over the same period.
BA options imply a 5.4% swing in either direction by Friday, according to Trade Alert data. That is higher than the stock's average move of 3.4% on the day of results over the last eight quarters.
