Is Wall Street Bullish or Bearish on Boeing Stock?

Core Viewpoint - Boeing Company has shown strong performance in the aerospace sector, with significant stock gains and operational improvements, despite some underperformance compared to industry-specific ETFs. Group 1: Company Overview - Boeing Company, headquartered in Arlington, Virginia, is involved in designing, developing, manufacturing, and servicing commercial jetliners, military aircraft, and other aerospace products, with a market cap of $177.6 billion and operations in over 150 countries [1]. Group 2: Stock Performance - Boeing's shares have outperformed the broader market, gaining 30.2% over the past year compared to the S&P 500 Index's 14.3% increase [2]. - Year-to-date, Boeing's stock is up 7.7%, while the S&P 500 has risen by 1.4% [2]. Group 3: Comparison with Industry Peers - Boeing's performance lags behind the SPDR S&P Aerospace & Defense ETF, which has gained approximately 55.6% over the past year and 13.2% year-to-date [3]. Group 4: Operational Highlights - Key drivers of Boeing's strong performance include the acquisition of Spirit AeroSystems, growth in digital services, and improved operational execution, with 600 commercial airplane deliveries and over 1,100 orders in the year [6]. - The company is focusing on increasing production rates for the 737 and 787 models, progressing on certifications, securing defense contracts, and enhancing its e-commerce platform, contributing to a record backlog [6]. Group 5: Financial Results - In Q4, Boeing reported an adjusted EPS of $9.92, significantly improving from an adjusted loss per share of $5.90 in the same quarter last year, with revenues of $23.9 billion, exceeding Wall Street's expectations of $22.2 billion [7]. - For the current fiscal year ending in December, analysts project Boeing's EPS to grow by 105.7% to $0.61 on a diluted basis, with a mixed earnings surprise history [8].