Back to top

Image: Bigstock

Boeing (BA) Outperforms Broader Market: What You Need to Know

Read MoreHide Full Article

In the latest close session, Boeing (BA - Free Report) was up +1.95% at $188.25. The stock exceeded the S&P 500, which registered a gain of 0.33% for the day. Meanwhile, the Dow gained 1.08%, and the Nasdaq, a tech-heavy index, added 0.08%.

Prior to today's trading, shares of the airplane builder had lost 8.57% lagged the Aerospace sector's loss of 6.81% and the S&P 500's gain of 1.41%.

Market participants will be closely following the financial results of Boeing in its upcoming release. The company plans to announce its earnings on October 27, 2026. The company's earnings per share (EPS) are projected to be -$0.16, reflecting a 97.86% increase from the same quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $24.59 billion, indicating a 5.69% upward movement from the same quarter last year.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of -$0.96 per share and a revenue of $97.38 billion, representing changes of +90.98% and +8.85%, respectively, from the prior year.

Investors should also pay attention to any latest changes in analyst estimates for Boeing. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 6.32% lower within the past month. As of now, Boeing holds a Zacks Rank of #4 (Sell).

The Aerospace - Defense industry is part of the Aerospace sector. This industry currently has a Zacks Industry Rank of 85, which puts it in the top 35% of all 250+ industries.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.

Published in