Boeing Co is a leading aerospace company that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, and telecommunications equipment worldwide
The company serves a wide range of customers, including commercial airlines, government agencies, and defense organizations, providing innovative solutions for air travel and space exploration. Through its diverse portfolio, Boeing is involved in both commercial and military aircraft production, as well as technologies related to space and satellite operations, aiming to enhance global connectivity and advance aerospace technology. Additionally, Boeing engages in maintenance, repair, and logistics services to support its products throughout their lifecycle.
Aerospace and defense company Woodward (NASDAQWWD) met Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 1.8% year on year to $772.7 million. The company’s outlook for the full year was close to analysts’ estimates with revenue guided to $3.4 billion at the midpoint. Its non-GAAP profit of $1.35 per share was 13.9% above analysts’ consensus estimates.
Boeing stock had a terrible 2024, but after the IAM strike was settled and production is back online 2025 may set up to be a year of redemption for the stock.
Alibaba released the latest version of its Qwen large language model, Qwen 2.5 Max, and it’s not only beating out local competitors like DeepSeek’s V3, it’s outperforming ChatGPT and Meta too.
UBS analyst Gavin Parsons raised the firm's price target on Boeing to $217 from $208 while keeping a ‘Buy’ rating on the shares. JPMorgan analyst Seth Seifman raised Boeing's price target to $200 from $190 while maintaining an ‘Overweight’ rating.
During the fourth quarter (Q4), the airplane manufacturer reported an earnings loss of $5.90 per share, worse than an estimated loss of $3.78 per share, according to FinChat. Its net loss for the quarter stood at $3.86 billion.
Aerospace and defense company Boeing (NYSEBA) met Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 30.8% year on year to $15.24 billion. Its non-GAAP loss of $5.90 per share was 82.7% below analysts’ consensus estimates.
Tech stocks attempted a rebound after Monday's devastating crash triggered by DeepSeek, as investors show interest in dip-buying the hardest-hit names.
