Boeing Q3 Preview: Stock Down 26% From 52-Week Highs, Could Strong Backlog Kickstart Another Rally?

Boeing Co (NYSE:BA) looks to win investors back over with its third-quarter financial results Tuesday before the market opens. The report comes with shares down 13% year-to-date and down 26% from yearly highs.

Here are the earnings estimates, what analysts are saying and key items to watch. 27 billion last year, according to data from Benzinga Pro.

The company has beaten analyst revenue estimates in six straight quarters and in seven of its last 10 quarters overall. Earnings have been less favorable, with the company missing analyst estimates in seven of the last 10 quarters overall.

47 per share in last year’s third quarter. Read Also: Where Trump’s Portfolio Meets His Power: Nvidia, Palantir, Dell and More What Boeing Analysts Are Saying Investors may be overlooking Boeing’s military contracts, Bank of America Securities analyst Ronald Epstein said in a recent note.

The analyst reiterated a Buy rating with a price target of 4270. S.

Air Force’s F-47 and Navy’s F/A-XX fighter programs. S.

tactical aircraft," Epstein said. The analyst said major military wins for peer companies led to stock gains, while Boeing stock has traded lower.

Here are other recent analyst ratings on Boeing stock and their price targets: Morgan Stanley: Maintained Equal-Weight rating, lowered price target from $250 to $225 RBC Capital: Maintained Outperform rating, lowered price target from $265 to $235 Bernstein: Maintained Outperform rating, lowered price target from $298 to $278 TD Cowen: Maintained Buy rating, lowered price target from $250 to $240 Key Items to Watch Recent military contract wins and Boeing’s backlog could be key areas to watch. The company reported a record backlog of $715 billion in the second quarter, consisting of more than 6,200 commercial airplanes.

After several items that hurt trust in the company, Boeing looks to be firing on all cylinders and recently received FAA certification for the 737-10 MAX. Recent quarterly results from aerospace supplier GE Aerospace could point to strength for the sector and companies like Boeing, due to strong commercial orders and defense contract wins.

35. 3% year-to-date in 2026.

Read Also: Boeing, Ford and Warner Bros.

Picture of IC Educations

IC Educations

IC Educations is a financial news and trading education site that publishes daily market coverage across stocks, crypto, and business — while promoting paid courses and webinars to "help traders stay ahead of the markets.

Leave a Reply

Your email address will not be published. Required fields are marked *