Boeing Company (NYSE:BA) announced its financial results for the fourth quarter, revealing revenue figures that exceeded expectations amid ongoing operational progress. During this period, the aerospace manufacturer successfully delivered 160 airplanes, an indicator of enhanced production efficiency compared to previous quarters.
Reported revenue for the quarter stood at $23.948 billion, surpassing the consensus estimate of $22.470 billion projected by market analysts. This top-line growth underscores the company's ability to scale deliveries and capture market demand.
However, from an earnings perspective, Boeing recorded an adjusted loss of $1.91 per share. This adjusted figure fell short of Wall Street's forecasted loss of $0.39 per share. The company’s GAAP diluted earnings per share were $10.23, a notable recovery from a loss of $5.46 per share in the corresponding quarter last year. Meanwhile, core earnings per share, calculated on a non-GAAP basis, registered at $9.92 in contrast to a prior loss of $5.90.
Kelly Ortberg, Boeing’s president and chief executive officer, stated, "We have made significant progress on our recovery in 2025 and have set the foundation to keep our momentum going in the year ahead." He highlighted several strategic moves, including completing the acquisition of Spirit AeroSystems and the divestiture of segments within the Digital Aviation Solutions business. Ortberg emphasized the company's focus on stabilizing operations, advancing development programs, reestablishing stakeholder trust, and ultimately restoring Boeing's position as a leading aerospace manufacturer.
Following the earnings report, Boeing’s stock closed at $244.56 per share on Tuesday. Reflecting positive analyst sentiment, several target price upgrades were announced:
- UBS analyst Gavin Parsons reaffirmed a Buy rating on Boeing, increasing the price target from $275 to $285.
- Citigroup's John Godyn also maintained a Buy stance while raising the target price from $270 to $290.
These revisions suggest renewed confidence in Boeing’s operational outlook and market positioning even as adjusted earnings remain under pressure.