Market Overview - The stock market experienced volatility over the past month, influenced by geopolitical events and tariff discussions [1] - The S&P 500 and Nasdaq saw gains of 0.8% and 0.7% respectively from December 15 to the recent close [1] Top Performing Stocks - **Qnity Electronics**: Increased by 30.1%, driven by strong demand in the semiconductor sector and positive earnings from Taiwan Semiconductor Manufacturing [1] - **Boeing**: Rose by 22.6%, supported by new orders from Ethiopian Airlines and outselling Airbus for the first time since 2018 [1] - **Texas Roadhouse**: Gained 14.1%, with expectations of improved consumer spending due to tax refunds, despite previous margin pressures from cattle inflation [1] Underperforming Stocks - **Salesforce**: Declined by 15.5%, facing challenges from AI-driven disruptions that threaten its business model, although the CEO remains optimistic about AI's role [1] - **CrowdStrike**: Fell by 11.7% after reports of a ban on its software in China due to national security concerns, but the company’s acquisition of SGNL for $740 million is seen as a positive move [1] - **Apple**: Decreased by 11%, attributed to rising memory costs and a shift away from large tech stocks, though a new AI partnership with Alphabet is viewed positively [1]

Group 1 - Boeing is viewed as a cash flow story rather than an earnings story, with strong cash flow being highlighted as a key reason to hold the stock [1] - The stock is considered to have bottomed out, with a positive outlook following a strong last quarter, despite previous sell-offs [2] - Boeing is a significant position in the Charitable Trust, with a year-to-date increase of 14% [1][2] Group 2 - The company designs and builds commercial aircraft, defense systems, satellites, and space technologies, along with providing related support and service solutions [2] - There is a belief that the current leadership under Kelly Ortberg is effectively steering the company towards recovery and growth [2]

Core Viewpoint - The Federal Aviation Administration (FAA) is not hindering Boeing's certification process for two new variants of the Boeing 737 MAX [1] Group 1 - The head of the FAA clarified that the agency is not a barrier to Boeing's certification efforts [1]

If you want full access to all our reports, data, and investing ideas, join The Aerospace Forum , the #1 aerospace, defense, and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.Boeing (NYSE: BA ) stock has gained 1.9% since my last report , outperforming the S&P 500. This report, however, does not serve to highlight the stock performance but discusses the December orders and deliveries as theDhierin-Perkash Bechai is an ...

Core Insights - Boeing is expected to report a loss of 39 cents per share for Q4 2025, with revenues projected at $21.74 billion, reflecting a year-over-year growth of 42.6% [1][7] Financial Estimates - The Zacks Consensus Estimate for Q4 2025 shows a loss of $0.39 per share, with a high estimate of $0.30 and a low estimate of -$0.78 [2] - Year-over-year growth estimates indicate a significant recovery, with EPS expected to improve by 93.39% in Q4 2025 compared to the previous year [2] - The average negative surprise in earnings over the last four quarters has been 22.4%, with two beats and two misses [3] Earnings Prediction - The Earnings ESP for Boeing is +16.73%, suggesting a potential earnings beat, supported by a Zacks Rank of 3 (Hold) [4][5] Operational Performance - Boeing's Q4 deliveries increased by 180.7% year-over-year, driven by a recovery in production and delivery momentum [11] - The acquisition of Spirit AeroSystems is expected to enhance production stability and supply-chain management, positively impacting delivery and profitability [9] - Rising international air travel has increased demand for commercial jet maintenance and related services, contributing to sales growth [10] Challenges - Supply-chain pressures from tariffs and stressed suppliers continue to pose risks to production efficiency and cash flow [12] - The aviation industry faces challenges in sourcing sufficient quantities of steel and aluminum, which may delay aircraft program completions [21] Market Performance - Boeing's stock has returned 15% over the past three months, outperforming the industry growth of 7.8% [13] - The stock is currently trading at a discount compared to its industry on a forward 12-month P/S basis [15] Investment Thesis - The demand for commercial air travel and the need for new jets and aftermarket services are key growth drivers for Boeing [19] - Despite the positive outlook, persistent supply-chain issues may offset some of the growth potential [20][22]

Core Insights - Lockheed Martin is ramping up production of its PAC-3 MSE missile defense system to 2,000 units per year, supported by a projected $1.5 trillion defense budget, indicating a focus on expensive military hardware [1] - The company delivered a record 191 F-35 Lightning II aircraft in 2025, showcasing its capability to handle increased production of complex designs [2] - Lockheed Martin remains a leader in U.S. defense contracting and is expected to benefit significantly from the anticipated increase in defense spending [3] Group 1: Lockheed Martin - Lockheed Martin has a backlog of nearly $180 billion, making it an attractive investment for both income and stock price appreciation [1] - The company trades at 21 times forward earnings, which is lower than many of its large-cap peers, and has a dividend yield of 2.37% [6] - Lockheed's shares have surged over 20% in early 2026, with technical indicators showing bullish momentum [7] Group 2: Boeing - Boeing is expected to deliver 52 737 MAX aircraft per month by the end of 2026, indicating a recovery in its production capabilities [8] - The company has a backlog exceeding $600 billion, including $76 billion in the defense segment, and reported narrower-than-expected losses in Q3 2025 [9] - Boeing's stock shows bullish technical signals, although it still faces challenges with cash flow and a suspended dividend [10] Group 3: Leidos Holdings - Leidos Holdings is positioned as a value play in the defense sector, focusing on high-margin products for a modernized Pentagon [12] - The company has secured a $455 million contract with the Air Force for cloud computing, aligning with key Pentagon initiatives [14] - Leidos trades at 18 times forward earnings and has shown bullish signals despite market volatility [15]

Core Viewpoint - Tech investor Dan Niles anticipates a volatile market in 2026, with a strong first half driven by "easy money" and a challenging second half due to inflation and political instability [2][3]. Tech Plays: Apple, Cisco, Impinj - Niles is optimistic about Apple, predicting a significant upgrade cycle with the launch of an AI-enabled Siri and a foldable iPhone, which he believes will revitalize its growth [4]. - Cisco Systems is viewed as a value play in AI infrastructure, expected to benefit from post-COVID upgrades in enterprise networks, trading at a discount compared to the S&P 500 [5]. - IMPINJ Inc. is identified as a leader in RFID technology, poised for expansion into the food and grocery market as chip costs decrease, with major adopters like Walmart [6]. Betting On Turnarounds: Boeing And Nike - Boeing is highlighted for its recent regulatory clearance to self-certify planes, which is expected to boost shipment volumes and generate significant free cash flow [7]. - Nike is seen as a prime buying opportunity due to its decade-low valuation and a new "back to basics" strategy under CEO Elliott Hill, with North American revenues already recovering [8].

The Boeing Company (NYSE:BA) is among the 10 Best Defense Stocks to Buy in the S&P 500. According to TipRanks, Jefferies analyst Sheila Kahyaoglu reiterated the firm’s Buy rating on the stock on January 19, with a price target of $290. Wall Street Bullish on The Boeing Company (BA) with Strong Buy Rating This follows Bernstein’s adjustment to the stock last week, on January 15, when analyst Douglas Harned reiterated an Outperform rating and raised the price target to $298 from $277. The firm anticipates ...

波音首席财务官杰伊·马拉夫（Jay Malave）此前曾表示，波音工厂产能节奏的稳步改善、未交付飞机库 存减少，以及防务部门盈利能力提升和服务业务的稳步增长，将带动波音公司持续复苏，预计将在2026 年恢复现金流创造能力。分析师预测，波音2026年有望创造24.6亿美元自由现金流。 本文源自：经济日报 2024年1月，波音遭遇了门塞掉落事故，此后更是遭遇了接连不断的危机，包括多项监管调查、临时停 飞以及一次全面的管理层整顿。事故发生后的15个月里，波音股价暴跌45%。 波音公司近期发布的数据显示，2025年全年该公司共获得商用飞机订单1173架，自2018年以来首次超越 其竞争对手欧洲空客公司。同期，波音全年累计交付600架商用飞机。尽管在飞机交付总量上仍落后于 空客，波音在年末订单上的表现显示出其在早期生产中断后逐步复苏的积极态势。 美国波音公司股价本周二上涨0.5%，收于249美元，完成了一次"深V"反转。分析人士认为，股价反转 表明投资者对波音公司的复苏越来越有信心。波音公司预计将于2026年实现7年来的首次年度盈利。 ...

Group 1 - European Parliament has announced the suspension of the approval process for the trade agreement reached with the United States last July, marking the EU's first response to recent pressures from President Trump [1] - The EU is considering imposing tariffs on US goods worth €93 billion as a countermeasure against the tariffs imposed by the US on eight European countries [1][3] - The proposed tariffs include a 25% duty on US-made aircraft, which could significantly impact Boeing, as its products account for a large portion of US aircraft exports to Europe [3][4] Group 2 - The EU's retaliation list includes high-value items such as automobiles, bourbon whiskey, and soybeans, as well as iconic American products like Harley-Davidson motorcycles and Levi's jeans [3][4] - The selection of products for the retaliation list is strategic, aiming to minimize economic damage to the EU while targeting products linked to specific US politicians and voters [4] - The EU has agreed to impose export controls on aluminum scrap, which is crucial for producing new metals, further indicating the strategic nature of its trade measures [5] Group 3 - The "anti-coercion instrument" (ACI) is being discussed as a powerful tool for the EU to respond to US trade pressures, allowing restrictions on major US companies and potentially affecting various sectors [6] - The ACI can be activated relatively quickly, with investigations taking up to four months, but there is internal disagreement among EU member states regarding its implementation [6][7] - Germany's economy has already been impacted by US tariffs, with a reported 0.3% decline in GDP due to existing tariffs, highlighting the economic stakes involved [7][8]