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Why Boeing Company stock moves

Boeing Company rose slightly.

Written after the close on ·

Why today

16,437 news analyzed today

Boeing Company rose slightly.

Boeing delivered about 32 737 MAX jets in October, the fewest in nearly a year.

Jet deliveries feed the cash Boeing needs to repair its finances, so the weak number likely weighed on sentiment.

Over the last five trading days the stock edged up while the S&P 500 fell sharply and its sector fell clearly.

The next earnings report is due on 26 January 2027, and the company said its latest quarter missed expectations.

Today's move of +0.52% was 0.5 times a normal day's 1.0%. S&P 500 moved +0.31% on the same day.

Boeing Company +0.52%S&P 500 +0.31%In step with the market

Earlier days →

See the chart in ChartCompass, with every move explained →

What analysts expect, and how often they have been right

Analysts’ estimates for Boeing Company.

Boeing Company earned more than expected in 4 out of 8 reports.

For comparison, about 82% of reports from US companies beat the estimate in the last three years.

The share moved in the same direction as the earnings surprise in 4 out of 8 reports with a measured move, against about 55% of reports from US companies.

Ratings

Now
Buy 25Hold 3Sell 0
3 months ago
Buy 23Hold 5Sell 0

A rating is the analyst’s own opinion about the share. On US shares since 2013, the price a year later was higher about as often when most analysts said buy as when few did.

Price targets

Latest price $173.40

Price targets
Low 157Average 233High 305

The average target is $233.35, +35% relative to the latest price of $173.40. The range is $157.00–$305.00. A target is the analyst’s estimate of a future share price. 26 analysts gave a target. On US shares, a year after earlier targets this far above the price were set, the price stood at or above about 3 in 10 of them.

Earnings against expectations, and the share’s reaction

Earnings against expectations, and the share’s reaction-10.1-4.41.26.912.52025-01-28: -5.90; Expected EPS: -3.7828/1’25+1.5%2025-04-23: -0.49; Expected EPS: -1.3023/4’25+6.1%2025-07-29: -1.24; Expected EPS: -1.2729/7’25−4.4%2025-10-29: -7.47; Expected EPS: -2.3829/10’25−4.4%2026-01-27: 9.92; Expected EPS: -0.4127/1’26−1.6%2026-04-22: -0.20; Expected EPS: -0.6722/4’26+5.5%2026-07-28: -0.76; Expected EPS: -0.3128/7’26+4.8%2026-10-27: -0.34; Expected EPS: -0.2027/10’26−10.7%Next reported quarter: expected earnings per share of -0.74.→26/01

Expected EPSAbove estimateBelow estimateAs expected$

Percentages below show the share’s report-day move; labels are report dates.

Next reported quarter: expected earnings per share of -$0.74 (January 26). For the current fiscal year, expected earnings per share changed from -$1.08 three months ago to -$2.02 now. 2026 estimate: -$2.02. 2027 estimate: $2.16.

Has the share price followed the business?

Price and earnings moved in the same direction: 3 out of 3 years. Across US companies, that happens in about 65% of years. In 2025, the price changed +23% and earnings per share went from -$18.36 to $2.48.

Revenue, profit and market cap

Revenue, profit and market cap ($B)-12551221892022: 66.612022: -4.9320222023: 77.792023: -2.2220232024: 66.522024: -11.8820242025: 89.462025: 1.892025Now2026: 96.7920262027: 109.3720272022: 113.831142023: 158.881592024: 132.611332025: 170.37170Now: 137.41137

RevenueProfitMarket capHatched bars: analysts’ estimates.$B

Market cap is 1.5 times 2025 revenue, against 1.7 in 2022. Profit in 2025: $1.9B.

Assets, liabilities and market cap

Assets, liabilities and market cap ($B)0621251872022: 137.102022: 152.9520222023: 137.012023: 154.2420232024: 156.362024: 160.2820242025: 168.242025: 162.782025Now2022: 113.831142023: 158.881592024: 132.611332025: 170.37170Now: 137.41137

AssetsLiabilitiesMarket cap$B

Assets minus liabilities leave $5.5B for shareholders. Market cap is 25.2 times that equity.

Price and earnings moved in the same direction: 3 out of 3 years.Market cap (Now): $137.4BRevenue 2025: $89.5B

What the key figures say about Boeing Company

The figures connect what Boeing Company earns with what investors pay.

The line shows the share price in the same year, on its own scale. Hatched bars: analysts’ estimates.

Earnings per share$9.69
NowEarnings per share2022: -8.30222023: -3.67232024: -18.36242025: 2.48252026: -2.02262027: 2.16272022: 190.492023: 260.662024: 177.002025: 217.12

Profit divided by the number of shares. Each share represents this much of the earnings.

2022–2025: -$18.36–$2.48. Peers: Lockheed Martin $28.16, Airbus 7.80 EUR, Northrop Grumman $31.68. 2026 estimate: -$2.02 (-$3.16–-$1.17). 2027 estimate: $2.16 ($0.66–$4.32).

Revenue$94.9B
NowRevenue2022: 66,608,000,000.00222023: 77,794,000,000.00232024: 66,517,000,000.00242025: 89,463,000,000.00252026: 96,788,475,090.00262027: 109,367,938,430.00272022: 190.492023: 260.662024: 177.002025: 217.12

What the company sold during the year.

2022–2025: $66.5B–$89.5B. Peers: Lockheed Martin $79.1B, Airbus 76.6 bn EUR, Northrop Grumman $43.6B. 2026 estimate: $96.8B ($95.1B–$99.0B). 2027 estimate: $109.4B ($103.8B–$115.6B).

Operating margin−6.1%
2025Operating margin2022: -5.27222023: -1.06232024: -16.27242025: -6.05252022: 190.492023: 260.662024: 177.002025: 217.12

The percentage of revenue left after the costs of running the business.

2022–2025: −16.3%–−1.1%. Peers: Lockheed Martin 11.8%, Airbus 8.1%, Northrop Grumman 10.6%.

Return on equity34.6%
2025Return on equity2223242025: 34.64252022: 190.492023: 260.662024: 177.002025: 217.12

Profit as a percentage of shareholders’ money in the company.

2022–2025: 34.6%–34.6%. Peers: Lockheed Martin 80.2%, Airbus 23.5%, Northrop Grumman 26.1%.

P/E17.9
NowP/E2223242025: 87.55252027: 80.1727

The price investors pay for each unit of annual earnings per share. Not shown for a loss.

2022–2025: 87.5–87.5. Peers: Lockheed Martin 20.1, Airbus 25.2, Northrop Grumman 16.6. 2027 estimate: 80.2.

Market cap per unit of revenue (P/S)1.45
NowMarket cap per unit of revenue (P/S)2022: 1.71222023: 2.04232024: 1.99242025: 1.90252026: 1.42262027: 1.2627

What investors pay for each unit the company sells.

2022–2025: 1.71–2.04. Peers: Lockheed Martin 1.66, Airbus 2.02, Northrop Grumman 1.71. 2026 estimate: 1.42. 2027 estimate: 1.26.

Dividend per share$0.00
NowDividend per share2017: 5.68172018: 6.84182019: 8.22192020: 2.06202021: 0.00212022: 0.00222023: 0.00232024: 0.00242025: 0.0025

Money paid to shareholders per share, summed by calendar year.

2017–2025: $0.00–$8.22.

Dividend yield0.0%
NowDividend yield2022: 0.00222023: 0.00232024: 0.00242025: 0.0025

The ordinary yearly dividend as a percentage of the share price.

2022–2025: 0.0%–0.0%. Peers: Lockheed Martin 2.5%, Airbus 1.6%, Northrop Grumman 1.9%.

Net debt / EBITDA13.81
NowNet debt / EBITDA222023: 15.8323242025: 3.4025

Net debt divided by operating earnings before depreciation and amortisation.

2022–2025: 3.40–15.83. Peers: Lockheed Martin 1.47, Airbus 0.21, Northrop Grumman 1.87.

More key figures
Market cap / equity (P/B)20.99
NowMarket cap / equity (P/B)2223242025: 31.2425

Market cap divided by shareholders’ equity, what remains after liabilities.

2022–2025: 31.24–31.24. Peers: Lockheed Martin 12.96, Airbus 5.80, Northrop Grumman 3.99.

EV / EBIT36.1
2025EV / EBIT222023: 430.6523242025: 36.1525

Market cap plus net debt, divided by operating earnings. This includes debt.

2022–2025: 36.1–430.6.

Free cash flow per share-$2.40
2025Free cash flow per share2022: 3.83222023: 7.27232024: -19.22242025: -2.40252022: 190.492023: 260.662024: 177.002025: 217.12

Cash left after investments, divided by the number of shares.

2022–2025: -$19.22–$7.27. Peers: Lockheed Martin $36.28, Airbus 4.77 EUR, Northrop Grumman $26.95.

Equity ratio3.2%
2025Equity ratio2022: -11.58222023: -12.58232024: -2.50242025: 3.2425

The percentage of assets financed by shareholders’ equity.

2022–2025: −12.6%–3.2%.

What to watch next, and why

The earnings report shows how Boeing Company's revenue and profit have changed.

  • Earnings report

    The earnings report shows how Boeing Company's revenue and profit have changed.

    Add to calendar

Earnings report

Next report: · Add to calendar · Google Calendar

Report day4.4%

Normal day1.0%

On its last 15 report days Boeing Company usually moved about 4.4%. On a normal day it moves 1.0%.

−10.69% Why? +4.76% +5.53% −1.56%

$10,000 in Boeing Company bought on November 7, 2016 is worth $13,200 today, with dividends reinvested.

The same amount in S&P 500 with dividends would have become $40,400.

What would $10,000 in Boeing Company be worth today? →

What would $10,000 in Boeing Company be worth today?

$13,200

with dividends reinvested, bought on November 7, 2016. The same amount in S&P 500 with dividends would have become $40,400.

At worst it was worth $7,220 (March 20, 2020).

The five biggest days of the journey

· +24.3% · the whole market rose 1.2% the same day

· −23.8% · the whole market fell 12.0% the same day

· +20.9% · the whole market rose 9.4% the same day

· +19.5% · the whole market rose 7.0% the same day

· −18.2% · the whole market fell 4.9% the same day

Earlier days

  • +1.08% market −2.70% Boeing Company rose slightly over the week while the S&P 500 fell sharply, so it moved against the broader market. Read →

    Boeing Company rose slightly over the week while the S&P 500 fell sharply, so it moved against the broader market.

    Its sector ETF also fell clearly, so Boeing held up better than its peers.

    The move was ordinary in size for the stock.

    Boeing's next earnings report is due on Tuesday 26 January 2027.

  • −2.54% market −4.41% Boeing fell sharply, moving less than the market. Read →

    Boeing fell sharply, moving less than the market.

    Boeing fell less than the S&P 500, which dropped very sharply over the same days.

    The stock was roughly unchanged over the last five trading days.

    Trading volume was about twice a normal session, with no single company news clearly explaining the drop.

    Earlier this week, Boeing's latest quarterly results missed expectations, which likely weighs on sentiment.

  • +2.13% market +1.65% Boeing rose, in line with a strong S&P 500 rally. Read →

    Boeing rose, in line with a strong S&P 500 rally.

    The stock moved against its Industrials sector, which fell clearly that day.

    Over five trading days Boeing rose sharply while the S&P 500 slipped slightly.

    Trading volume was around its usual level, and the share price sits well below its yearly high.

  • −1.19% market +0.30% Boeing Company fell, against the market and its sector. Read →

    Boeing Company fell, against the market and its sector.

    No company news from that session clearly explains the drop.

    Over the last five trading days the stock rose clearly, while the S&P 500 fell, so it moved against the broader market.

    Trading volume was around its usual level, and the session size was within the stock's usual daily range, so it was an ordinary day for Boeing Company.

    Its latest close is well below its highest close of the past year, and above its lowest.

  • +2.24% market −0.48% Boeing Company rose after a 767 freighter deal. Read →

    Boeing Company rose after a 767 freighter deal.

    Boeing rose clearly in the last session, while the S&P 500 fell slightly, so it moved against the market.

    Over the last five trading days, Boeing fell sharply, moving more than the S&P 500 while the Industrials sector ETF rose slightly.

    The recent weakness likely reflects the quarterly earnings miss and Freedom Broker's cut to its price target, the share price it sees as fair, on production concerns.

  • −0.64% market −1.77% Boeing Company fell slightly without a company-news explanation. Read →

    Boeing Company fell slightly without a company-news explanation.

    Over the last five trading days it fell sharply, several times its usual swing, falling more than the S&P 500 and moving against a rising Industrials sector.

    The FAA certifying the 737-10 is news from the last session and may have supported sentiment, but no news clearly explains the move.

    The earlier earnings miss and cut to cash targets likely weighed on the shares over the week.

    Next, watch the next earnings report on Tuesday 26 January 2027.

  • −8.92% market −0.56% Boeing Company fell sharply over the week, a big move for the stock. Read →

    Boeing Company fell sharply over the week, a big move for the stock.

    Its shares fell most on Tuesday after third-quarter results pushed its $10 billion free cash flow target out to 2029.

    Investors also worried that 737 production stability would take into next year, and that turning its record backlog into cash is taking longer.

    Over the same days the S&P 500 fell slightly, so Boeing fell more than the broader market and moved against its sector.

  • +3.30% market −0.38% Boeing Company rose sharply, moving against the market. Read →

    Boeing Company rose sharply, moving against the market.

    The S&P 500 slipped slightly while Boeing gained, and the Industrials sector also rose clearly, so Boeing outpaced its sector.

    The move came on heavy trading, well above its usual level, which points to strong interest from investors.

    Company news from the last session is limited, so the rebound is best explained as a reaction to earlier weakness after the weak third-quarter report, which pushed back its free cash flow (cash left after running costs and investment) targets to 2027 and 2028.

    Shares remain well below their highest close of the past year, reached in late January.

  • −0.62% market +0.34% Boeing fell after its earnings miss. Read →

    Boeing fell after its earnings miss.

    Boeing fell slightly in the last session, moving against a slightly rising market.

    Over the last five trading days, Boeing fell very sharply while the S&P 500 and the Industrials sector stayed roughly flat.

    The 737 production ramp is slipping, which weighs on expected cash flow.

    The CEO now says the ramp to 47 jets per month is taking longer than hoped, news that came out after the session closed.

  • −10.69% market +0.56% Boeing Company fell very sharply, without company news. Read →

    Boeing Company fell very sharply, without company news.

    Boeing shares fell very sharply in the last session, while the S&P 500 rose clearly and the Industrials sector edged up, so the stock moved against both.

    The main reason is the quarterly results, which came out after trading closed and showed a larger loss per share than analysts expected, plus a warning that it will miss its 737 jet delivery targets this year and production is ramping more slowly than hoped.

    The session itself was very heavy, with trading volume about seven times normal.

    Over the last five trading days the stock fell very sharply, while the broad market was roughly flat, a move about three times a normal five-day stretch for the stock.

  • −0.02% market +0.71% Boeing Company was roughly flat without company news. Read →

    Boeing Company was roughly flat without company news.

    Over the same session the S&P 500 rose clearly, so Boeing moved less than the market.

    Over the last five trading days the stock fell slightly while the S&P 500 and the Industrials sector were roughly unchanged.

    The most likely background is the approaching earnings report, due Tuesday 27 October, with investors weighing expected losses, defense awards and 737 certification progress.

  • +0.43% market −0.52% Boeing rose slightly; no clear company news explains it. Read →

    Boeing rose slightly; no clear company news explains it.

    Boeing edged up while the S&P 500 fell clearly, so it moved against the market.

    The Industrials sector also fell clearly, so Boeing held up better than its sector peers.

    The move was an ordinary one for Boeing, with trading around its usual level.

    Over the last five trading days Boeing fell slightly, a little less than the market.

  • −0.98% market −0.43% Boeing Company fell slightly over the last five trading days, moving a bit more than the broader market. Read →

    Boeing Company fell slightly over the last five trading days, moving a bit more than the broader market.

    The main news was the FAA certifying the 737 MAX 10, the largest MAX version, clearing it for deliveries, and that approval was widely covered.

    Still, the stock slipped, likely because the broader market and aerospace peers were also weak, and investors are watching rising costs such as GE's comments on engine deliveries.

    Next, the company reports earnings on Tuesday 27 October 2026, which investors will watch closely.

  • −2.46% market −1.18% Boeing Company fell sharply, while the S&P 500 also fell sharply. Read →

    Boeing Company fell sharply, while the S&P 500 also fell sharply.

    The move was roughly in line with the market, so the broad market selloff is the most likely driver.

    The sector ETF also fell clearly, which points to a wider industrials selloff.

    Over the last five trading days, Boeing was roughly unchanged, and it moved less than both the market and its sector.

    Boeing's next earnings report is on Tuesday 27 October 2026, which is the event to watch next.

  • +0.78% market −1.11% Boeing rose slightly, while the S&P 500 fell sharply, so it moved against the market. Read →

    Boeing rose slightly, while the S&P 500 fell sharply, so it moved against the market.

    Over five trading days the stock was roughly unchanged, while the market and the Industrials sector fell.

  • −0.08% market −1.97% Boeing Company was roughly unchanged over the last five trading days, while the broader market fell clearly and the Industrials sector eased slightly, so the stock held up better than both. Read →

    Boeing Company was roughly unchanged over the last five trading days, while the broader market fell clearly and the Industrials sector eased slightly, so the stock held up better than both.

    The main company news was the likely upcoming approval of the 737 MAX 10, the largest model in the MAX line, after the FAA completed a key safety review; that kind of clearance can lift expectations for future deliveries and revenue.

    Support also likely came from a large order from lessor Avolon for 140 737 MAX jets, which adds to Boeing's backlog of contracted aircraft, though that deal still needs shareholder approval at the lessor.

    Some offsetting concern came from United and Southwest refusing new 737 MAX deliveries with software under review, which could delay planned deliveries.

  • +2.20% market +0.28% Boeing Company rose sharply, clearly outpacing a market that edged up slightly and its sector, which also rose modestly. Read →

    Boeing Company rose sharply, clearly outpacing a market that edged up slightly and its sector, which also rose modestly.

    The most likely reason is the news that Boeing averted a strike by its roughly 17,000 engineers and technical staff, which removes a labor risk that had weighed on the shares; analysts also noted that the stock had been stuck in a downtrend, so a rebound may partly reflect bargain-hunting.

    Over the last five trading days, the stock was roughly unchanged, about in line with the market and sector in direction terms, so the sharp move is a one-session story rather than a shift in the week.

    Next, the company reports third-quarter results on 27 October, which is the event most likely to move the stock next.

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