Recent performance and analyst outlook
- 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 a roughly 26% premium to the current stock price.
- BA shares are down about 1.9% year to date, versus an 8.6% gain in the Dow Industrials and a 13.9% advance in the S&P 1500 Aerospace Defense index over the same period.
Options market implies a larger-than-usual move
- BA options imply a 5.4% swing for the shares, 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.
Boeing expected to report higher revenue and a smaller loss
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