Boeing (NYSE:BA) Shares Up 3.4% – Should You Buy?

Posted by Francis Steltz on Oct 29th, 2026

The Boeing Company (NYSE:BA – Get Free Report)’s share price was up 3.4% on Thursday. The stock traded as high as $174.60 and last traded at $172.8620. Approximately 16,478,833 shares changed hands during trading, an increase of 131% from the average daily volume of 7,124,865 shares. The stock had previously closed at $167.14.

Trending Headlines about Boeing

Here are the key news stories impacting Boeing this week:

Positive Sentiment: Boeing is set to receive up to $945.9 million in a sole-source U.S. Space Force contract for MILSATCOM sustainment. The award strengthens Boeing’s defense and space backlog and provides potentially meaningful future revenue. Boeing To Receive up to $945.9 Million Sole Source Contract for MILSATCOM Sustainment
Positive Sentiment: Boeing’s 2026 World Air Cargo Forecast projects global air-cargo traffic will double by 2045, requiring nearly 3,000 new or converted freighters and a fleet exceeding 4,000 aircraft. The forecast supports long-term demand for Boeing’s commercial freighter products, driven by e-commerce, supply-chain diversification and AI-related shipments. Boeing: Global Freighter Fleet to Exceed 4,000 Airplanes as Air Cargo Traffic Doubles by 2045
Neutral Sentiment: Boeing has a record backlog of approximately $745 billion and recently secured FAA approval for the 737 MAX 10, but investors remain focused on the company’s ability to convert that demand into deliveries and cash flow. Management’s long-term goal is $10 billion in free cash flow by 2029.
Negative Sentiment: The latest earnings update showed a quarterly adjusted loss that missed expectations, while Boeing delayed its 737 production ramp and pushed key free-cash-flow milestones further out. Analysts responded with multiple price-target reductions, citing slower production recovery, higher capital spending in the defense business and continuing execution risks. Boeing Got Its MAX 10 Approval, But Q3 Delivered a Reality Check
Negative Sentiment: Law firms are soliciting Boeing investors in connection with investigations into potential securities-law violations. These notices do not establish wrongdoing, but they add legal and reputational overhang to the stock. Kaplan Fox Boeing Investor Investigation

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on BA shares. Wall Street Zen cut shares of Boeing from a “hold” rating to a “sell” rating in a research report on Saturday, October 24th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Boeing from $244.00 to $248.00 and gave the company a “hold” rating in a research report on Wednesday, July 29th. Argus raised Boeing from a “hold” rating to a “buy” rating and set a $265.00 price objective on the stock in a research note on Tuesday, August 11th. Robert W. Baird lowered their price target on Boeing from $300.00 to $230.00 and set an “outperform” rating for the company in a report on Wednesday. Finally, Cantor Fitzgerald lowered Boeing to a “neutral” rating in a research report on Tuesday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, eight have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $246.92.

View Our Latest Research Report on BA

Boeing Trading Up 3.4%

The company has a quick ratio of 0.33, a current ratio of 1.14 and a debt-to-equity ratio of 6.77. The business’s fifty day moving average is $197.97 and its 200 day moving average is $217.86. The firm has a market capitalization of $136.62 billion, a price-to-earnings ratio of 74.83 and a beta of 1.26.

Boeing (NYSE:BA – Get Free Report) last announced its earnings results on Tuesday, October 27th. The aircraft producer reported ($0.34) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.09). The company had revenue of $24.19 billion during the quarter, compared to analyst estimates of $23.95 billion. Boeing had a negative return on equity of 346.82% and a net margin of 2.41%. Boeing’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same period in the previous year, the company posted ($7.47) earnings per share. Equities analysts predict that The Boeing Company will post -1.08 earnings per share for the current year.

Institutional Trading of Boeing

A number of institutional investors have recently modified their holdings of the company. Highland Investment Advisors LLC bought a new stake in shares of Boeing in the second quarter worth $26,000. Strategic Wealth Advisors LLC acquired a new position in Boeing during the second quarter worth $27,000. Bell Investment Advisors Inc bought a new position in Boeing in the second quarter valued at $29,000. Security National Bank of SO Dak acquired a new stake in Boeing in the 2nd quarter valued at $30,000. Finally, Retirement Wealth Solutions LLC increased its stake in Boeing by 3,575.0% in the 3rd quarter. Retirement Wealth Solutions LLC now owns 147 shares of the aircraft producer’s stock valued at $27,000 after buying an additional 143 shares during the last quarter. 64.82% of the stock is currently owned by institutional investors.

About Boeing

(Get Free Report)

The Boeing Company (NYSE: BA) is a global aerospace company that designs, manufactures and supports commercial airplanes, military aircraft, satellites, space systems and related products and services. Its offerings serve airlines, government agencies, defense organizations and other customers worldwide.

Boeing operates through three principal business areas: Commercial Airplanes, which develops and produces passenger and cargo aircraft; Defense, Space & Security, which provides military aircraft, weapons systems, satellites and space-related platforms; and Global Services, which offers parts, maintenance, training, engineering and other lifecycle support.

Founded in 1916 by William Boeing, the company has grown into one of the world’s major aerospace manufacturers.