Boeing (BA) AI Stock Analysis

• Market Cap: $161.77B
• Dividend Yield: N/A
• Average Volume (3M): 8.18M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.40
• Revenue Growth: -9.15%
• EPS Growth: -406.76%
• Country: US
• Employees: 172,000
• Sector: Industrials
• Sector Strength: 87
• Industry: Aerospace & Defense
• EPS (TTM): -0.49
• Shares Outstanding: 754,005,500
• 10 Day Avg. Volume: 8,884,952
• 30 Day Avg. Volume: 8,181,699
• PEG Ratio: -5.95
• Price to Book (P/B): -45.03
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -11.75
• Enterprise Value/Market Cap: 1.20
• Enterprise Value/Revenue: 0.68
• Enterprise Value/Gross Profit: -133.33
• Enterprise Value/Ebitda: -11.23
• 1Y Price Target: $226.22
• Price Target Upside: 5.44% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 20

• Rating: 58 Neutral
• Price Target: $220.00 ▲(2.54%Upside)

Boeing's overall stock score is influenced primarily by its strong technical momentum and strategic corporate actions, despite financial challenges and valuation concerns. The positive technical indicators reflect bullish sentiment, while corporate events indicate a focus on strengthening financial stability. However, financial performance remains a critical risk, requiring strategic restructuring to ensure long-term viability.

Positive Factors

Deliveries

Boeing has already recorded three deliveries to China since Beijing’s reauthorization, with an additional five China-bound 737’s currently undergoing pre-delivery flights.

Market Position

Boeing holds a dominant position in the commercial aerospace sector, operating as part of a duopoly with Airbus, which ensures strong demand as airlines are compelled to remain with Boeing due to Airbus’s production slots being booked into the next decade.

Production Standards

AAP anticipates that a production pace of 38 will become a standard, reflecting stability in production improvements.

Negative Factors

Execution Risks

Execution risks remain, particularly in defense contract overruns and regulatory approvals for the 737 MAX, which could impact delivery timelines and cash flow.

Macroeconomic and Geopolitical Risks

Macroeconomic weakness and geopolitical tensions could curb discretionary spending on travel.

Tariff Uncertainties

Tariff uncertainties present a downside risk.

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 makes money through several key revenue streams. The Commercial Airplanes segment generates revenue by manufacturing and selling commercial jetliners to airlines and leasing companies worldwide. Revenue in this segment is significantly influenced by the global demand for air travel, which drives orders for new aircraft. The Defense, Space & Security segment earns income from government contracts for military aircraft, missile systems, satellites, and related services. This segment's earnings are largely dependent on U.S. and international defense budgets and geopolitical factors. Global Services provides aftermarket support, including maintenance, repair, and overhaul services, primarily for its commercial and military customers, contributing to a steady stream of revenue. Boeing Capital offers financing solutions, facilitating sales and leasing of Boeing products. Strategic partnerships and long-term contracts with governments and airlines are crucial for securing future revenue and maintaining competitive advantage in the aerospace industry.

Boeing Financial Statement Overview

Summary

Boeing faces significant financial challenges, with negative equity and profitability metrics indicating distress. The income statement shows persistent losses, while the balance sheet reflects high leverage. Cash flow issues further highlight the need for strategic financial restructuring.

Income Statement

Boeing's income statement reveals significant challenges with persistent losses. The TTM Gross Profit Margin is negative, suggesting cost management issues. The Net Profit Margin is also negative, indicating overall unprofitability. Revenue growth shows volatility with no consistent upward trajectory, reflecting market and operational difficulties. EBIT and EBITDA margins are negative, highlighting operational inefficiencies.

Balance Sheet

Boeing's balance sheet is under strain with negative stockholders' equity, indicating insolvency risk. The debt-to-equity ratio is not computable due to negative equity, but high debt levels are concerning. The equity ratio is negative, reflecting financial instability. Return on Equity is irrelevant due to negative equity, further emphasizing financial distress.

Cash Flow

Cash flow analysis shows Boeing struggling with negative free cash flow growth and operating cash flow, both indicating poor cash generation. The operating and free cash flow to net income ratios are not favorable, reflecting ongoing cash flow challenges. Financing activities appear to support liquidity, but not sustainably.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	69.44B	66.52B	77.79B	66.61B	62.29B	58.16B
Gross Profit	-1.45B	-1.99B	7.72B	3.53B	3.05B	-5.68B
EBITDA	-7.03B	-7.65B	2.31B	-510.00M	-207.00M	-10.07B
Net Income	-11.51B	-11.82B	-2.22B	-4.93B	-4.20B	-11.94B
Balance Sheet
Total Assets	156.49B	156.36B	137.01B	137.10B	138.55B	152.14B
Cash, Cash Equivalents and Short-Term Investments	23.67B	26.28B	15.96B	17.22B	16.24B	25.59B
Total Debt	53.62B	54.19B	52.60B	57.00B	58.10B	63.58B
Total Liabilities	159.82B	160.28B	154.24B	152.95B	153.40B	170.21B
Stockholders Equity	-3.33B	-3.91B	-17.23B	-15.88B	-15.00B	-18.32B
Cash Flow
Free Cash Flow	-12.76B	-14.40B	4.43B	2.29B	-4.40B	-19.71B
Operating Cash Flow	-10.33B	-12.08B	5.96B	3.51B	-3.42B	-18.41B
Investing Cash Flow	-15.76B	-11.97B	-2.44B	4.37B	9.32B	-18.37B
Financing Cash Flow	29.33B	25.21B	-5.49B	-1.27B	-5.60B	34.95B

Boeing Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 214.55
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 214.55 is above the 20-day moving average (MA) of 206.60, above the 50-day MA of 196.21, and above the 200-day MA of 171.37, indicating a bullish trend. The MACD of 1.56 indicates Positive momentum. The RSI at 63.94 is Neutral, neither overbought nor oversold. The STOCH value of 68.03 is Neutral, 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
LMT	80 Outperform	$107.45B	19.81	82.55%	2.88%	3.12%	-15.29%
GD	79 Outperform	$78.03B	20.18	18.23%	2.06%	14.11%	17.65%
RTX	76 Outperform	$193.26B	42.42	7.54%	1.88%	15.11%	34.14%
NOC	74 Outperform	$71.10B	19.44	25.41%	1.87%	0.61%	77.28%
Sector *	65 Neutral	$10.56B	15.49	5.57%	1.96%	2.71%	-26.28%
GE	64 Neutral	$271.41B	39.69	28.09%	0.56%	-42.92%	109.75%
BA	58 Neutral	$161.77B	―	-162.23%	―	-9.15%	-406.76%

Boeing Corporate Events

Boeing Enters Non-Prosecution Agreement with DOJ

On May 29, 2025, Boeing entered into a Non-Prosecution Agreement with the U.S. Department of Justice, resolving issues related to its previous Deferred Prosecution Agreement from January 2021. As part of the agreement, Boeing will pay a total of $487.2 million in penalties, with $243.6 million already paid in 2021, and an additional $444.5 million in compensation to victims’ families of the Lion Air and Ethiopian Airlines accidents. The company will also invest $455 million in compliance and safety programs and retain an independent compliance consultant. This agreement prevents further criminal prosecution provided Boeing fulfills its obligations, impacting its operational focus on compliance and safety improvements.

The most recent analyst rating on (BA) stock is a Buy with a $224.00 price target. To see the full list of analyst forecasts on Boeing stock, see the BA Stock Forecast page.

Boeing Sells Digital Aviation Assets to Thoma Bravo

On April 22, 2025, Boeing announced a definitive agreement to sell portions of its Digital Aviation Solutions business, including assets like Jeppesen and ForeFlight, to Thoma Bravo for $10.55 billion. This transaction aims to strengthen Boeing’s capital structure and allow the company to focus on its core business operations. The sale is expected to close by the end of 2025, subject to regulatory approval, and is part of Boeing’s strategy to prioritize its investment-grade credit rating while maintaining its commitment to customer needs. Thoma Bravo plans to support the growth of these digital aviation assets through strategic investments and operational best practices.