Boeing (BA) Stock Forecast & Price Target

Boeing's financial performance for the 12 months ending September 2025 shows a significant revenue increase of 10.16% year-over-year, rising from $73.29 billion to $80.76 billion, driven by strong contributions from its commercial airplanes segment, which saw revenue growth of 49% year-over-year to $11.09 billion. The company achieved a remarkable turnaround in operational performance, delivering more commercial airplanes in Q3 2025 than in all of 2024, supported by rising delivery rates and robust order intake amidst solid long-term air traffic growth. Additionally, Boeing's Defense, Space, and Security segment also demonstrated substantial growth with a 25% year-over-year increase in revenue to $6.90 billion, alongside a 10% growth in Global Services revenue, indicating a strong overall demand across its various business segments.

Boeing's financial performance has displayed significant deterioration, with Economic Profit (EP) declining 25.06% year-over-year, resulting in an increased loss of $13.32 billion for the last twelve months. Additionally, Net Operating Profit After Tax (NOPAT) has similarly decreased by 25.07% to a loss of $8.8 billion, while Return on Capital (ROC) worsened from -15.05% to -16.83%, indicating ongoing struggles with profitability. Furthermore, substantial declines in Economic Operating Cash Flow (EBITDAR), which fell 188.51% year-over-year to a loss of $2.78 billion, coupled with heightened regulatory oversight and supply chain uncertainties, contribute to a negative outlook on Boeing's stock prospects.