RBC Capital Cuts The Boeing (BA) Price Target to $235
RBC Capital maintains its positive view on Boeing but lowers the price target to $235, a 23.66% upside from the current price.
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RBC Capital cut its price target on The Boeing Company ($BA) to $235 from $265 on October 15, 2026, and rates the stock "Outperform".
Since the rating, $BA is up 0.8% to date (from the $188.73 close on Oct 15, 2026).
BA
The Boeing Company
Key Points
- RBC Capital reiterates its Outperform rating on The Boeing Company (BA) and sets a new price target of $235, down from $265.
- Shares of Boeing are trading at $188.89, having recently closed at $184.66, reflecting a potential upside to the new target.
- The overall analyst consensus for Boeing shows a mean target price of $268.15, suggesting continued confidence in the stock.
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RBC Capital has reiterated its Outperform rating on The Boeing Company (NYSE: BA) while adjusting its price target from $265 to $235. This change was reported on October 15, 2026. Currently, Boeing's shares are trading at $188.89, which is an increase from the previous close of $184.66.
RBC Capital vs. the S&P 500
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Other Institutional Activity in Boeing
Several major funds have significant stakes in Boeing. Blackrock Inc. holds about 61 million shares, valued at approximately $11.5 billion, after increasing its position by around 2.9 million shares. FMR, LLC also has a substantial stake in Boeing with about 58.9 million shares worth around $11.1 billion, following a rise of about 2.1 million shares. Vanguard Capital Management LLC has approximately 51.5 million shares, valued at about $9.7 billion, having added about 459,000 shares to its holdings. State Street Corporation owns about 38 million shares, with a value near $7.2 billion, after increasing its stake by about 625,000 shares. Capital World Investors has grown its holdings significantly by 4.9 million shares, totaling about 30.7 million shares worth roughly $5.8 billion.
The Boeing Company Stock Up 2.9%
Boeing's stock is currently around $188.89, which is near its 52-week low of $176.77. This is significantly below its 52-week high of $254.35. The stock's price is also trading under its 50-day moving average of about $206.21, indicating a downward trend.
$BA price target
The Boeing Company daily closes and this analyst's $235 target. Not advice.
Recent Earnings
In its latest earnings report, Boeing reported revenue of approximately $93.99 billion, reflecting a growth rate of 8%. The company posted an earnings per share (EPS) of $2.80. Boeing will report its next earnings on October 27, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
3 analysts raised price targets.
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EPS & revenue
EPS beat estimates by 76.7%. Revenue missed estimates by 1.0%.
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Profit surprise
EBITDA beat sharply. Operating income beat sharply.
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Pre-earnings setup
Bar was high, analysts already very bullish.
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Analyst signal
3 target raises.
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Earnings quality
Gross margin down 0.9 points. Negative free cash flow.
Earnings Call Summary
Boeing had a strong start to 2026 with 22.2 billion dollars in revenue, up 14 percent. The 737 program delivered 114 aircraft and stabilized at 42 per month after fixing wiring issues on 25 planes. The 787 was held back by seat certification delays but remains on track. Defense revenue grew 21 percent to 7.6 billion dollars, driven by higher demand from military conflicts. Free cash flow usage of 1.5 billion in the quarter was better than expected due to recovery and good timing.
Guidance Boeing expects to deliver 500 737s and 90 to 100 787s in 2026. The company guides for 1 billion to 3 billion dollars in free cash flow for the year. Production rates will increase to 47 per month on the 737 this summer and to 10 per month on the 787 later in the year.
Good report. The company beat and showed some forward improvement, with a few meaningful caveats.
Insider Buying and Selling at The Boeing Company
Insider activity at Boeing includes recent purchases by directors. Tilden Bradley Douglas bought 1,370 shares on May 20, 2026, at an average price of $218.50, totaling about $299,345. Another director, Buckley Mortimer J., purchased 2,230 shares on March 3, 2026, at a price of $224.20, worth about $499,966. However, two officers sold shares earlier this year, with Amuluru Uma M selling 1,503 shares on February 24 at an average price of $233.78 for about $351,484 and Schmidt Ann M selling 6,281 shares on February 17 at $243.37, totaling approximately $1.53 million.
Analysts Set New Price Targets
On October 15, 2026, RBC Capital maintained its Outperform rating on Boeing with a new price target of $235. Bernstein also maintained its Outperform rating on October 12, adjusting its target to $278 from $298. TD Cowen kept a Buy rating with a target of $240 on October 9, which was lowered from $250. Barclays initiated coverage with an Overweight rating on the same day, targeting $300.
About Boeing
The Boeing Company, based in Arlington, Virginia, is a leading aerospace and defense manufacturer. It designs and produces commercial jetliners, military aircraft, and space systems. The company operates in three main segments: Commercial Airplanes, Defense, Space & Security, and Global Services. Boeing's operations and market position are crucial as they respond to varying global demands in aviation and defense.
Bottom Line
Boeing is facing a challenging market environment as indicated by its recent stock performance and analyst ratings. Investors will be looking forward to the upcoming earnings report on October 27, 2026, which may provide further insights into the company’s performance and future outlook. Note that the current analyst ratings and targets reflect a mixed sentiment but overall suggest potential for recovery in the stock price.
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Source: RBC Capital's rating change on $BA (Oct 15, 2026). Written by software, not financial advice. How we make alerts