The Boeing Company (BA) Stock Analysis — Fair Value, Risk & Moat Rating
NYQ · Industrials · Aerospace & Defense
Is The Boeing Company a safe investment right now?
The Boeing Company's Altman Z-Score of 1.6 places it in the distress zone. Our fair value estimate is $99.20 (Overvalued). Moat rating: 2.6/5 stars.
Could The Boeing Company go bankrupt? Altman Z-Score analysis
Z-Score of 1.6 falls below the 1.8 distress threshold, indicating significant financial stress.
- Below 1.8 — Distress Zone (high bankruptcy risk)
- 1.8 to 3.0 — Gray Zone (elevated uncertainty)
- Above 3.0 — Safe Zone (financially healthy)
What drives BA's Z-Score?
| Component | Formula | Value | Weight | Contribution |
|---|---|---|---|---|
| A · Working Capital / Total Assets | WC / TA | 0.1209 | 1.2 | 0.15 |
| B · Retained Earnings / Total Assets | RE / TA | 0.1025 | 1.4 | 0.14 |
| C · EBIT / Total Assets | EBIT / TA | 0.0321 | 3.3 | 0.11 |
| D · Market Cap / Total Liabilities | MCap / TL | 1.1195 | 0.6 | 0.67 |
| E · Revenue / Total Assets | Rev / TA | 0.5318 | 1.0 | 0.53 |
How has BA's financial health changed over time?
| Year | Z-Score | Zone |
|---|---|---|
| 2022 | 1.61 | Distress |
| 2023 | 1.68 | Distress |
| 2024 | 1.28 | Distress |
| 2025 | 1.6 | Distress |
Source: Calculated from BA's latest 10-K filing on SEC EDGAR.
What is The Boeing Company actually worth?
How we calculated this
| Input | Value | Source |
|---|---|---|
| Predicted EPS (α) | $2.48 | Proprietary blend of reported actuals + analyst consensus, weighted by α |
| Last Year EPS | $2.48 | Annual report (SEC EDGAR) |
| Analyst Consensus EPS (This Year) | $-0.18 | 25 analysts consensus |
| Trailing P/E | 91.8x | Current market pricing |
| Fair P/E (β discount) | 40.0x | Trailing PE adjusted by value discount factor β, hard-capped |
| Earnings Trend (γ) | Stable | Directional signal: predicted vs trailing EPS |
Wall Street Reference: Analyst consensus target price is $265.76 (25 analysts). This is shown for reference only and is not used in our valuation model.
Source: Earnings data from SEC EDGAR filings. Market data via Yahoo Finance.
Does The Boeing Company have a durable competitive advantage?
Moat rating: 2.6/5.
What makes up BA's moat score?
ROIC Stability
ROIC variability over the past decade. Score: 2/5.
Gross Margin Trend
Gross margin trajectory over the past decade. Score: 3/5.
Switching Costs
Estimated customer lock-in based on margin level. Score: 3/5.
How stable is BA's return on invested capital?
| Year | ROIC | Trend |
|---|---|---|
| 2022 | -6.0% | — |
| 2023 | 1.3% | Rising |
| 2024 | -19.1% | Declining |
| 2025 | 9.1% | Rising |
Source: ROIC calculated from SEC EDGAR filings.
Is The Boeing Company's dividend safe?
The Boeing Company's key financial metrics
| Metric | Latest | 1Y Ago | 3Y Ago | Trend |
|---|---|---|---|---|
| Revenue | $89.5B | $66.5B | $66.6B | Rising |
| Net Income | $2.2B | −$11.8B | −$4.9B | Rising |
| Free Cash Flow | −$1.9B | −$14.4B | $2.3B | Declining |
| Gross Margin | 4.8% | 9.9% | N/A | — |
Recent events that affect our BA analysis
BA analyst consensus: 81% bullish (22 of 27 analysts)
4 Strong Buy, 18 Buy, 4 Hold, 0 Sell, 1 Strong Sell. Consensus target: $265.76 (14.9% upside). Compare with our independent Fair Value: $99.20.
BA beat EPS estimates by 70.3%
Reported EPS: $-0.20 vs estimate $-0.67. Earnings strength supports our Fair Value of $99.20 (57.1% below current price).
BA filed quarterly report (10-Q)
Quarterly update with interim financials. May signal changes to earnings trajectory and balance sheet health. View on SEC EDGAR →
BA filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
BA filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
BA filed annual report (10-K)
Annual filing with full-year financials. Our Altman Z-Score, Moat, and Fair Value models are derived from this data. View on SEC EDGAR →
BA beat EPS estimates by 2448.0%
Reported EPS: $9.92 vs estimate $-0.42. Earnings strength supports our Fair Value of $99.20 (57.1% below current price).
BA filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
BA filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
BA filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
BA missed EPS estimates by 214.4%
Reported EPS: $-7.47 vs estimate $-2.38. Our Fair Value of $99.20 may face downward pressure if the trend continues.
BA filed quarterly report (10-Q)
Quarterly update with interim financials. May signal changes to earnings trajectory and balance sheet health. View on SEC EDGAR →
BA filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
BA filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
BA beat EPS estimates by 2.4%
Reported EPS: $-1.24 vs estimate $-1.27. Earnings strength supports our Fair Value of $99.20 (57.1% below current price).
BA filed quarterly report (10-Q)
Quarterly update with interim financials. May signal changes to earnings trajectory and balance sheet health. View on SEC EDGAR →
BA filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
BA filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
BA filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
BA filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
BA filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
BA beat EPS estimates by 62.4%
Reported EPS: $-0.49 vs estimate $-1.30. Earnings strength supports our Fair Value of $99.20 (57.1% below current price).
BA filed quarterly report (10-Q)
Quarterly update with interim financials. May signal changes to earnings trajectory and balance sheet health. View on SEC EDGAR →
BA filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
BA filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
BA filed annual report (10-K)
Annual filing with full-year financials. Our Altman Z-Score, Moat, and Fair Value models are derived from this data. View on SEC EDGAR →
BA missed EPS estimates by 56.1%
Reported EPS: $-5.90 vs estimate $-3.78. Our Fair Value of $99.20 may face downward pressure if the trend continues.
BA filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
BA filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
Common questions about The Boeing Company
What is The Boeing Company stock price today?
The Boeing Company (BA) stock price is $231.28 as of the latest market close, traded on the NYSE exchange.
What does The Boeing Company do?
The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. It operates through three segments: Commercial Airplanes; Defense, Space & Security; and Global Services. The Commercial Airplanes segment develops, produces, and markets commercial jet aircraft for passenger and cargo requirements.
What is The Boeing Company market cap?
The Boeing Company has a market capitalization of $182.23B, classifying it as a large-cap stock in the Industrials sector.
What sector and industry is BA in?
The Boeing Company operates in the Industrials sector, specifically within the Aerospace & Defense industry. It trades on the NYSE under the ticker symbol BA.
Is BA stock overvalued or undervalued?
Based on our valuation model, The Boeing Company trades 133.1% above our fair value estimate — potentially overvalued.
- FairValueLabs Fair Value: $99.20
- Current Price: $231.28
- Valuation Zone: Overvalued
What is BA stock forecast and analyst target price?
Based on 25 Wall Street analysts, the consensus price target for The Boeing Company is $265.76, implying upside of 14.9% from the current price.
- Analyst High Target: $300.00
- Analyst Low Target: $200.00
Note: Analyst targets are shown for reference and are not used in our valuation model.
Is The Boeing Company revenue and earnings growing?
Here are the analyst consensus growth estimates for The Boeing Company:
- Revenue growth (current year est.): 9.4%
- EPS growth (current year est.): -115.2%
- Revenue growth (next year est.): 14.4%
- EPS growth (next year est.): 2511.2%
What are The Boeing Company's key financial metrics?
| Metric | Latest | Trend |
|---|---|---|
| Revenue | $89.5B | Rising |
| Net Income | $2.2B | Rising |
| Free Cash Flow | −$1.9B | Declining |
| Gross Margin | 4.8% | — |
What is BA's P/E ratio?
The price-to-earnings ratio measures how much investors pay per dollar of earnings:
- Trailing P/E (last 12 months): 91.8x
- Forward P/E (next 12 months est.): 52.9x
- FairValueLabs Fair P/E: 40.0x
How volatile is BA stock?
The Boeing Company has a beta of 1.00, meaning it is roughly in line with overall market volatility. A beta above 1.0 indicates higher price swings relative to the S&P 500, while below 1.0 suggests more stability.
How much cash and debt does The Boeing Company have?
The Boeing Company's balance sheet shows:
- Total Cash: $20.91B
- Total Debt: $49.61B
- Net Cash Position: $-28.71B
A positive net cash position means the company holds more cash than debt, reducing financial risk.
What is The Boeing Company's free cash flow?
The Boeing Company generated $3.28B in trailing twelve-month free cash flow (from $2.50B in operating cash flow). Free cash flow represents the cash available for dividends, buybacks, and debt reduction after all capital expenditures.
Does The Boeing Company pay a dividend?
The Boeing Company does not currently pay a regular dividend to shareholders. The company may be reinvesting all profits back into growth, or it may have suspended its dividend.
Is The Boeing Company at risk of going bankrupt?
The Boeing Company's Altman Z-Score is 1.60, placing it in the distress zone (below 1.8) — elevated bankruptcy risk. The Z-Score uses five balance sheet ratios to predict bankruptcy probability within two years.
Does The Boeing Company have a durable competitive advantage?
The Boeing Company scores 2.6/5 stars (Narrow moat · eroding) in our moat analysis:
- ROIC Stability: 2/5
- Gross Margin Trend: 3/5
- Switching Costs: 3/5
A score above 3.5 suggests meaningful pricing power and a defensible market position.
What is BA's return on equity (ROE)?
The Boeing Company's return on equity is 169.9%. ROE measures how efficiently a company generates profits from shareholder equity. An ROE above 15% is generally considered strong, while below 10% may signal inefficiency.
How do I buy BA stock?
BA shares can be purchased through any brokerage account that provides access to the NYSE. Common steps:
- Open an account with a broker (e.g., Fidelity, Schwab, Interactive Brokers)
- Search for ticker symbol BA
- Place a market or limit order for your desired number of shares
This is not investment advice. Always do your own research before buying any stock.
Is BA a value stock or speculative?
FairValueLabs classifies The Boeing Company as Value-Speculation. It has some value characteristics but carries elevated risk factors that make it speculative. Extra due diligence is recommended.
Who is the CEO of The Boeing Company?
The current CEO of The Boeing Company is Mr. Robert K. Ortberg.
What is BA's earnings per share (EPS)?
Earnings per share measures the company's profit allocated to each outstanding share:
- Trailing EPS (last 12 months): $2.52
- Forward EPS (next 12 months est.): $4.37
- Analyst consensus EPS (this year): $-0.18
- Analyst consensus EPS (next year): $4.37
Other Industrials companies analyzed by FairValueLabs
FairValueLabs Disclaimer
All valuations, scores, ratings, and classifications on this page are produced by the FairValueLabs internal valuation system. They do not represent actual market value, guaranteed outcomes, or professional investment advice. These are analytical estimates for educational and research purposes only.
This is not financial advice. All data is sourced from SEC EDGAR public filings. Always consult a qualified financial advisor before making investment decisions.
Last updated: Apr 22, 2026. Data sources: SEC EDGAR (financial statements), Yahoo Finance (market data, analyst consensus). Data may not reflect the most recent quarter.
BA analysis methodology: How we calculate fair value, Z-Scores, and moat ratings