Is Boeing (BA) stock a buy after Q1 earnings?

Core Insights - Boeing reported a narrower-than-expected loss of $0.49 per share for Q1 2025, compared to the anticipated loss of $1.24 per share, while revenue was slightly below expectations at $19.5 billion versus $19.66 billion [1][3][4] - The stock price increased by 5.07% in pre-market trading on April 23, reducing year-to-date losses to 3.52%, partly due to a $10.55 billion sale of its Digital Aviation Solutions unit to Thoma Bravo [1][4][7] Financial Performance - Boeing's Q1 2025 earnings per share (EPS) beat analyst expectations significantly, overshadowing the slight revenue miss [4] - The actual revenue reported was $19.5 billion, which was lower than the expected $19.66 billion [1][3] Analyst Sentiment - Analyst sentiment remains predominantly bullish, with 13 out of 19 analysts rating Boeing stock as a 'Buy' and an average price target of $194.35, indicating a potential upside of 13.8% from current levels [2][9][11] - The current ratings include 5 'Hold' ratings and 1 'Sell' rating [8] Market Outlook - Analysts have not yet published revised coverage following the earnings call, but the overall outlook remains positive, suggesting that Q1 results are unlikely to lead to reduced estimates [11] - Boeing operates in a duopoly with Airbus, indicating that its recovery is anticipated, though the timing remains uncertain [12]