Boeing (NYSE:BA) Stock Sees Heavy Call Option Buying

The Boeing Company (NYSE:BA) saw unusually large options trading on Thursday. Stock traders acquired 87,977 call options on the stock. This represents an increase of 27% compared to the average volume of 69,093 call options.

Key Boeing News

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing secured a U.S. Navy contract valued at more than $20 billion to develop the next-generation F/A-XX fighter, defeating Northrop Grumman. The award strengthens Boeing’s defense position, adds long-term development and production potential, and follows its selection for the Air Force’s F-47 program. Boeing chosen by U.S. Navy to develop next-generation fighter jet
• Positive Sentiment: Boeing’s 17,000 engineers and technical workers approved an improved labor contract, averting a strike that could have delayed work on long-delayed aircraft and slowed deliveries. The agreement removes a significant near-term operational risk, although higher labor costs may pressure margins. Boeing white-collar workers approve latest contract offer
• Positive Sentiment: Options activity was notably bullish, with investors purchasing 87,977 Boeing call options—about 27% above the average daily call volume—signaling increased speculative interest in further gains.
• Positive Sentiment: Ethiopian Airlines placed a firm order for eight 777-8 freighters and two 777 freighters, adding commercial backlog and supporting Boeing’s cargo-aircraft franchise. Ethiopian Airlines orders Boeing freighters
• Neutral Sentiment: The F/A-XX contract is strategically significant, but much of the immediate award covers development and testing. Production revenue and broader profitability benefits may be years away, while Boeing’s defense segment continues to face execution and fixed-price contract risks.
• Negative Sentiment: The FAA is reportedly considering a review of a 737 MAX software issue, delaying approval of the MAX 10. Officials have said they do not currently see a safety concern, but certification delays could postpone deliveries and increase investor concerns about Boeing’s execution. FAA weighs Boeing 737 MAX software review
• Negative Sentiment: Pomerantz LLP announced an investigation into potential claims on behalf of Boeing investors, adding legal and reputational uncertainty to the company’s existing balance-sheet and execution challenges. Pomerantz investor alert

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Robert W. Baird set a $300.00 target price on shares of Boeing in a research report on Wednesday, July 29th. Jefferies Financial Group downgraded shares of Boeing from a “buy” rating to a “neutral” rating in a research note on Monday. Royal Bank Of Canada reduced their price objective on shares of Boeing from $275.00 to $265.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 29th. Btg Pactual set a $260.00 target price on Boeing in a research report on Tuesday, July 14th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Boeing in a research report on Tuesday, July 21st. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $270.95.

Boeing Trading Up 3.5%

Shares of BA traded up $6.60 during trading hours on Thursday, hitting $192.65. 13,529,211 shares of the stock were exchanged, compared to its average volume of 6,811,740. Boeing has a fifty-two week low of $176.77 and a fifty-two week high of $254.35. The business has a 50-day moving average of $213.10 and a 200-day moving average of $216.69. The firm has a market capitalization of $152.26 billion, a P/E ratio of 83.40 and a beta of 1.21. The company has a debt-to-equity ratio of 6.77, a current ratio of 1.14 and a quick ratio of 0.33.

Boeing (NYSE:BA) last released its earnings results on Tuesday, July 28th. The aircraft producer reported ($0.76) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.34) by ($0.42). Boeing had a net margin of 2.41% and a negative return on equity of 346.82%. The firm had revenue of $24.56 billion during the quarter, compared to analyst estimates of $24.26 billion. During the same quarter in the previous year, the firm earned ($1.24) EPS. Boeing’s quarterly revenue was up 8.0% on a year-over-year basis. On average, research analysts expect that Boeing will post -0.91 EPS for the current year.

Institutional Investors Weigh In On Boeing

A number of hedge funds have recently added to or reduced their stakes in BA. Highland Investment Advisors LLC acquired a new stake in Boeing in the second quarter worth $26,000. 1 North Wealth Services LLC acquired a new position in shares of Boeing during the fourth quarter valued at about $27,000. Wealth Preservation Advisors LLC boosted its position in shares of Boeing by 66.7% during the 4th quarter. Wealth Preservation Advisors LLC now owns 125 shares of the aircraft producer’s stock worth $27,000 after purchasing an additional 50 shares in the last quarter. Strategic Wealth Advisors LLC acquired a new stake in shares of Boeing in the 2nd quarter valued at about $27,000. Finally, Bell Investment Advisors Inc bought a new stake in Boeing in the 2nd quarter valued at about $29,000. 64.82% of the stock is currently owned by institutional investors.

Boeing Company Profile

The Boeing Company (NYSE: BA) is a global aerospace company that designs, manufactures and supports commercial airplanes, military aircraft, spacecraft and related systems. Its commercial portfolio includes the 737, 787 Dreamliner and 777 families, as well as the 777X program. Boeing sells aircraft to airlines, cargo operators and leasing companies around the world.

Through its defense and space operations, Boeing provides products and services for the U.S. government, allied governments and other institutional customers.