Boeing (BA) has underperformed the S&P 500 over the past month, with its stock returning +0.4% against the index's +1.1%. Despite recent revenue beats, the company faces significant downward revisions to its earnings estimates, including a -93.4% change in the current quarter's consensus over the last 30 days, resulting in a Zacks Rank #4 (Sell) and indicating potential near-term underperformance. Additionally, Boeing holds a Zacks Value Style Score of F, suggesting it is currently trading at a premium relative to its peers.
Boeing (BA) has recently underperformed, with its shares returning +0.4% over the past month, lagging the S&P 500's +1.1% and the Aerospace-Defense industry's +2.1%. A significant concern stems from substantial downward revisions to earnings estimates, with the current quarter's consensus estimate falling -93.4% and the current fiscal year's estimate declining -76.4% over the last 30 days. These negative revisions have resulted in a Zacks Rank #4 (Sell) for Boeing, indicating a potential for near-term underperformance relative to the broader market. While the next fiscal year projects a robust 154.9% EPS growth, even that estimate saw a -3% revision over the past month, highlighting persistent uncertainty in profitability forecasts. Despite these earnings challenges, Boeing demonstrates strong revenue momentum, with a consensus sales estimate of $21.64 billion for the current quarter representing a +21.3% year-over-year change. The company has also consistently beaten revenue estimates, doing so in three of the last four quarters. However, the stock's Zacks Value Style Score of F suggests it is currently trading at a premium compared to its peers, potentially limiting valuation upside.
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moderately negative
Sentiment Score
-0.50
Ticker Sentiment
