Boeing (BA) AI Stock Analysis

• Market Cap: $170.83B
• Dividend Yield: N/A
• Average Volume (3M): 8.69M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.36
• Revenue Growth: 10.19%
• EPS Growth: -6.03%
• Country: US
• Employees: 172,000
• Sector: Industrials
• Sector Strength: 72
• Industry: Aerospace & Defense
• EPS (TTM): -7.47
• Shares Outstanding: 783,071,200
• 10 Day Avg. Volume: 8,069,100
• 30 Day Avg. Volume: 8,688,674
• PEG Ratio: -0.02
• Price to Book (P/B): -29.30
• Price to Sales (P/S): 1.72
• P/FCF Ratio: -7.95
• Enterprise Value/Market Cap: 1.23
• Enterprise Value/Revenue: 2.61
• Enterprise Value/Gross Profit: 227.32
• Enterprise Value/Ebitda: -42.23
• 1Y Price Target: $249.92
• Price Target Upside: 14.56% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 16
• EPS Forecast (FY): -9.49
• Revenue Forecast (FY): $87.69B

• Rating: 54 Neutral
• Price Target: $210.00 ▼(-3.74% Downside)

Boeing's overall stock score is driven by significant financial challenges, including negative profitability and high leverage. Despite these issues, the company's strategic initiatives, such as the acquisition of Spirit AeroSystems and a strong backlog, provide a positive outlook. The earnings call highlights revenue growth and positive cash flow, but ongoing program delays and valuation concerns weigh heavily on the score.

Positive Factors

Strategic Acquisition

This acquisition enhances Boeing's production and supply chain stability, strengthening its industry position and creating new growth opportunities.

Revenue Growth

Significant revenue growth indicates strong market demand and improved operational performance, supporting long-term financial health.

Record Backlog

A robust backlog provides revenue visibility and stability, ensuring sustained demand across market segments.

Negative Factors

777X Program Delays

Delays in the 777X program impact Boeing's ability to deliver new products, affecting future revenue and profitability.

High Leverage

High leverage increases financial risk, limiting Boeing's ability to invest in growth and manage economic downturns.

Negative Cash Flow

Negative cash flow indicates operational inefficiencies and challenges in sustaining financial obligations, impacting long-term stability.

Boeing Business Overview & Revenue Model

Company Description

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sales, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through four segments: Commercial Airplanes; Defense, Space & Security; Global Services; and Boeing Capital. The Commercial Airplanes segment provides commercial jet aircraft for passenger and cargo requirements, as well as fleet support services. The Defense, Space & Security segment engages in the research, development, production, and modification of manned and unmanned military aircraft and weapons systems; strategic defense and intelligence systems, which include strategic missile and defense systems, command, control, communications, computers, intelligence, surveillance and reconnaissance, cyber and information solutions, and intelligence systems; and satellite systems, such as government and commercial satellites, and space exploration. The Global Services segment offers products and services, including supply chain and logistics management, engineering, maintenance and modifications, upgrades and conversions, spare parts, pilot and maintenance training systems and services, technical and maintenance documents, and data analytics and digital services to commercial and defense customers. The Boeing Capital segment offers financing services and manages financing exposure for a portfolio of equipment under operating leases, sales-type/finance leases, notes and other receivables, assets held for sale or re-lease, and investments. The company was incorporated in 1916 and is based in Chicago, Illinois.

How the Company Makes Money

Boeing generates revenue through several key streams. The Commercial Airplanes segment is a major source of income, primarily from the sale of commercial jetliners to airlines and leasing companies. Revenue is also derived from long-term service agreements and spare parts sales. The Defense, Space & Security segment contributes by providing military aircraft, satellite systems, and related services to government and military customers. Additionally, the Global Services segment focuses on providing maintenance, repair, and overhaul services, as well as supply chain and logistics support. Boeing has strategic partnerships with various governments and private sector companies, which bolster its revenue through contracts and collaborative projects. The company’s revenue is significantly influenced by global air travel demand, defense budgets, and advancements in aerospace technology.

Boeing Financial Statement Overview

Summary

Boeing's financial performance is weak, with significant challenges in profitability and cash flow. The company shows a deeply negative net profit margin and negative equity, indicating high financial risk and leverage. Despite some revenue growth, operational inefficiencies and negative cash flows highlight the need for substantial financial restructuring.

Income Statement

Boeing's income statement reveals significant challenges. The TTM (Trailing-Twelve-Months) data shows a gross profit margin of 1.15%, indicating minimal profitability from core operations. The net profit margin is deeply negative at -12.20%, reflecting substantial losses. Revenue growth is positive at 7.21%, suggesting some recovery, but EBIT and EBITDA margins remain negative, highlighting ongoing operational inefficiencies.

Balance Sheet

The balance sheet shows a concerning financial structure with a negative stockholders' equity, leading to a high debt-to-equity ratio of -6.47 in the TTM. This indicates significant leverage and financial risk. Return on equity is positive at 2.10%, but this is due to negative equity rather than strong performance. The equity ratio is not calculable due to negative equity.

Cash Flow

Cash flow analysis reveals negative operating and free cash flows, with a free cash flow growth rate of -46.24% in the TTM, indicating worsening cash generation. The operating cash flow to net income ratio is negative, suggesting cash flow issues. The free cash flow to net income ratio is positive at 1.17, but this is due to negative net income rather than strong cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	80.76B	66.52B	77.79B	66.61B	62.29B	58.16B
Gross Profit	926.00M	-1.96B	7.71B	3.46B	6.48B	1.01B
EBITDA	-4.98B	-7.65B	2.31B	-510.00M	-207.00M	-10.07B
Net Income	-9.85B	-11.82B	-2.22B	-4.93B	-4.20B	-11.87B
Balance Sheet
Total Assets	150.02B	156.36B	137.01B	137.10B	138.55B	152.14B
Cash, Cash Equivalents and Short-Term Investments	22.98B	26.28B	15.96B	17.22B	16.24B	25.59B
Total Debt	53.35B	54.19B	52.60B	57.28B	58.37B	63.85B
Total Liabilities	158.28B	160.28B	154.24B	152.95B	153.40B	170.21B
Stockholders Equity	-8.25B	-3.91B	-17.23B	-15.88B	-15.00B	-18.32B
Cash Flow
Free Cash Flow	-4.79B	-14.40B	4.43B	2.29B	-4.40B	-19.71B
Operating Cash Flow	-3.72B	-12.08B	5.96B	3.51B	-3.42B	-18.41B
Investing Cash Flow	-18.53B	-11.97B	-2.44B	4.37B	9.32B	-18.37B
Financing Cash Flow	19.16B	25.21B	-5.49B	-1.27B	-5.60B	34.95B

Boeing Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 218.16
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BA, the sentiment is Positive. The current price of 218.16 is above the 20-day moving average (MA) of 203.86, above the 50-day MA of 202.41, and above the 200-day MA of 204.13, indicating a bullish trend. The MACD of 4.79 indicates Negative momentum. The RSI at 69.67 is Neutral, neither overbought nor oversold. The STOCH value of 96.15 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BA.

Boeing Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GD	80 Outperform	$93.30B	22.38	17.78%	1.73%	11.86%	17.39%
NOC	76 Outperform	$83.11B	20.90	26.15%	1.55%	-0.14%	72.35%
RTX	74 Outperform	$249.89B	38.27	10.49%	1.44%	8.79%	39.63%
GE	72 Outperform	$334.11B	42.23	42.74%	0.48%	-19.21%	31.83%
LMT	70 Outperform	$112.40B	27.12	62.78%	2.77%	2.88%	-35.15%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
BA	54 Neutral	$170.83B	-15.94	―	―	10.19%	-6.03%

Boeing Corporate Events

Boeing Completes Acquisition of Spirit AeroSystems

On December 8, 2025, Boeing completed its acquisition of Spirit AeroSystems, a move that underscores its commitment to aviation safety and airplane quality while enhancing commercial production and supply chain stability. The acquisition includes Spirit’s commercial operations related to Boeing, such as fuselages for various aircraft models, and expands Boeing’s global maintenance, repair, and overhaul services. Spirit Defense will remain an independent supplier to the defense industry, ensuring continuity and support for U.S. defense and space programs. This strategic acquisition is expected to strengthen Boeing’s industry positioning and create new opportunities for stakeholders, particularly in Wichita, Kansas, where Spirit’s operations will integrate into Boeing.

Boeing Appoints Bradley Tilden to Board of Directors

On December 1, 2025, Boeing announced the election of Bradley D. Tilden, former Chairman, President, and CEO of Alaska Air Group, to its Board of Directors, effective December 3, 2025. Tilden, who brings over three decades of aviation experience, will serve on the Aerospace Safety and Finance Committees. This appointment is part of Boeing’s ongoing board refreshment efforts, with Tilden being the 10th new director added since 2019, aimed at strengthening the board’s expertise in various critical areas such as safety management systems and financial oversight.