Boeing's stock fell due to halted deliveries to China, but near-term offsets limit the impact, highlighting strong airplane demand despite trade tensions. China's economic growth is somewhat underwhelming making it easier to refuse deliveries as demand for airplanes is modestly lower. Long-term risks include potential reduced demand from a prolonged trade war, but Boeing's strong market position and global demand offer resilience.
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
The key to Boeing's (BA 1.45%) long-term future lies in its ability to develop the next generation of narrowbody airplanes to replace the 737 MAX. It's a fact implicitly recognized by CEO Kelly Ortberg on his first earnings call in October when referring to "restoring the balance sheet so that we do have a path to the next commercial aircraft.
L3Harris Technologies is set to work on modifications to a used Qatari Boeing 747 that could be used as a new Air Force One aircraft. Boeing's modifications on a pair of 747 jumbo jets to become the new Air Force One aircraft is years behind schedule and more than $2 billion over budget.
EADSY may appeal more to conservative investors seeking stability, whereas BA suits those with a higher risk appetite betting on a rebound.
Zacks.com users have recently been watching Boeing (BA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Earnings for Q1 2025 are rolling out. Some companies in an unexpected industry posted strong results.
S&P Global Ratings says it's no longer considering downgrading Boeing to junk status. The firm raised billions in equity after losing lots of money in a challenging 2024.
Beijing is willing to support normal business cooperation with American firms, China's commerce ministry said, coming days after Chinese airlines were ordered to stop taking delivery of Boeing aircraft.
Boeing stock is rising over 2% on a day when the rest of the stock market is stuck in reverse.
Investors interested in BA stock should wait for a better entry point, considering its poor ROIC and dismal performance at the bourses.
Boeing Co (NYSE:BA, ETR:BCO) and Airbus Group (EPA:AIR) shares rose after the pair agreeing to carve up Spirit AeroSystems, splitting key assets of the struggling aerospace supplier between them. Under the agreement, Boeing will buy back Spirit's US-focused operations – which it spun off two decades ago – for $4.7 billion in stock, while Airbus will absorb loss-making European activities, both companies said on Monday.