Latest news with #DigitalAviationSolutions
Yahoo
02-07-2025
- Business
- Yahoo
Boeing (NYSE:BA) Advances Space Connectivity And Strengthens Defense Leadership With New CEO
Boeing has recently seen significant events that align with a 24% price increase over the last quarter. The company completed the delivery of O3b mPOWER satellites, enhancing its connectivity solutions, and appointed Stephen Parker as president and CEO of its Defense, Space & Security division, which showed operational recovery. In the broader market, indices like the S&P 500 and Nasdaq have also seen upbeat performance, with a rise of 14% over the year. These developments likely provided additional momentum to Boeing's price movements, amidst an overall positive market trend. You should learn about the 3 risks we've spotted with Boeing (including 1 which is potentially serious). Find companies with promising cash flow potential yet trading below their fair value. The recent developments at Boeing, including the delivery of O3b mPOWER satellites and the appointment of Stephen Parker, hold significant implications for the company's strategic path. These events may bolster Boeing's growth narrative by potentially stabilizing production rates for its commercial jets, while also strengthening its position in the defense sector through leadership changes. These moves could increase investor confidence in Boeing's capacity for revenue recovery amidst ongoing challenges in tariffs, supply chains, and certification delays. In the past three years, Boeing's total shareholder return has been 52.35%. This context highlights a robust long-term performance relative to recent market movements. Over the past year, however, Boeing underperformed the US Aerospace & Defense industry, which achieved a return of 43.8%. Yet, it matched the US market return of 13.9% in the same period, illustrating a complex performance landscape. The impact of recent news on Boeing's revenue and earnings forecasts is likely positive. Increased production rates promise a stronger revenue stream supported by a substantial backlog. Additionally, the divestiture of Digital Aviation Solutions is expected to enhance cash flows, potentially reducing the negative earnings of US$11.65 billion. Furthermore, winning the F-47 fighter jet contract could provide a stable revenue flow in the defense division. Despite a 24% quarterly share price increase, Boeing's current price of US$200.26 is still below the consensus analyst price target of US$219.47, with an 8.8% growth potential implied by this target. Analysts' expectations for revenue of US$111.8 billion and earnings of US$6.5 billion by 2028 underline a belief in Boeing's recovery trajectory, albeit amid varying analyst projections and market uncertainties. Take a closer look at Boeing's potential here in our financial health report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:BA. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Time of India
17-06-2025
- Business
- Time of India
Boeing executive says don't expect any more big assets sales at this time
Boeing is not planning any more big asset sales at this time, Chris Raymond , the head of its global services business, said at the Paris Airshow on Tuesday. Battling to recover from a series of crises, CEO Kelly Ortberg has been selling non-core assets to reduce Boeing's debt. In April, the U.S. planemaker struck a deal in April to sell parts of its Digital Aviation Solutions business, including navigation unit Jeppesen, to private equity firm Thoma Bravo for $10.55 billion.
Yahoo
23-04-2025
- Business
- Yahoo
Boeing Stock Surges on Narrower-Than-Expected Loss
Boeing (BA) shares jumped Wednesday morning after the plane maker's first-quarter adjusted loss came in much smaller than anticipated. The company reported an adjusted loss per share of $0.49 on revenue of $19.50 billion. Analysts polled by Visible Alpha had expected an adjusted loss per share of $1.24 on revenue of $19.66 billion. "Our company is moving in the right direction as we start to see improved operational performance across our businesses from our ongoing focus on safety and quality," Boeing CEO Kelly Ortberg said. "We continue to execute our plan, are seeing early positive results and remain committed to making the fundamental changes needed to fully recover the company's performance while navigating the current environment." Shares of Boeing were up 8% just after the market opened. They entered the day down 8% since the start of the year. On Tuesday, Boeing said it would sell parts of its Digital Aviation Solutions business to software investment firm Thoma Bravo for $10.55 billion. The company said the all-cash deal will help improve its balance sheet and allow it to focus on its core businesses. Boeing has been caught in the crossfire of the developing trade war between the U.S. and China, as its completed planes have reportedly started to come back to America after China told its domestic airlines not to accept deliveries. Boeing, which topped Q1 deliveries and production estimates earlier this month, said last year it expected Chinese airlines to generate demand for thousands of new planes over the next two decades as the air travel industry grows in the country. The plane maker also still faces a looming trial in June as it works with the U.S. Department of Justice on a revised guilty plea to a charge of defrauding the federal government over fatal 737 Max crashes in 2018 and 2019 after a previous agreement was rejected by a judge last December. UPDATE—This article has been updated with the latest share price information. Read the original article on Investopedia Sign in to access your portfolio
Mint
23-04-2025
- Business
- Mint
Quarter results: Boeing Q1 loss narrows on higher jet deliveries
US planemaker Boeing Co. on Wednesday reported a narrower loss for the first quarter ended March 31 on higher jet deliveries. It reported a loss of 16 cents per share during the first quarter, as compared with a loss of 56 cents per share in the same period a year ago. During the first quarter, free cash flow usage improved to negative $2.3 billion, as compared with negative $3.9 billion a year ago, Boeing said in a statement. Shares of the company rose 4.2% in pre-market trading. "We're building higher quality airplanes and delivering them with more predictability," Ortberg said in a letter to employees. Calling 2025 'our turnaround year,' Ortberg said the company is on track to raise output of its cash cow 737 Max jetliner over the next few months to the 38-jet monthly cap imposed by US regulators. The company will then seek permission to go to 42 units 'later this year,' a move that would help generate cash that's been depleted by a recent strike and manufacturing crises. The planemaker on Tuesday announced the sale of portions of its Digital Aviation Solutions business, including navigation unit Jeppesen, for $10.55 billion, as part of a plan by Chief Executive Officer Kelly Ortberg to reduce debt by selling off non-core assets. For full year 2024, the planemaker had reported a loss of $11.8 billion due to problems at its major units. Boeing said it remained susceptible to the fallout from President Donald Trump's tariff, which have halted aircraft deliveries to China, the world's second-biggest aviation market after the US. 'While we are closely watching the developments in global trade, our strong start to the year combined with the demand for airplanes and our half trillion-dollar backlog for our products and services gives us the flexibility we need to navigate this environment,' Ortberg said.
Mint
23-04-2025
- Business
- Mint
Quarter results: Boeing Q1 loss narrows on higher jet deliveries
US planemaker Boeing Co. on Wednesday reported a narrower loss for the first quarter ended March 31 on higher jet deliveries. It reported a loss of 16 cents per share during the first quarter, as compared with a loss of 56 cents per share in the same period a year ago. During the first quarter, free cash flow usage improved to negative $2.3 billion, as compared with negative $3.9 billion a year ago, Boeing said in a statement. Shares of the company rose 4.2% in pre-market trading. "We're building higher quality airplanes and delivering them with more predictability," Ortberg said in a letter to employees. Calling 2025 'our turnaround year,' Ortberg said the company is on track to raise output of its cash cow 737 Max jetliner over the next few months to the 38-jet monthly cap imposed by US regulators. The company will then seek permission to go to 42 units 'later this year,' a move that would help generate cash that's been depleted by a recent strike and manufacturing crises. The planemaker on Tuesday announced the sale of portions of its Digital Aviation Solutions business, including navigation unit Jeppesen, for $10.55 billion, as part of a plan by Chief Executive Officer Kelly Ortberg to reduce debt by selling off non-core assets. For full year 2024, the planemaker had reported a loss of $11.8 billion due to problems at its major units. Boeing said it remained susceptible to the fallout from President Donald Trump's tariff, which have halted aircraft deliveries to China, the world's second-biggest aviation market after the US. 'While we are closely watching the developments in global trade, our strong start to the year combined with the demand for airplanes and our half trillion-dollar backlog for our products and services gives us the flexibility we need to navigate this environment,' Ortberg said. Boeing, which last earned a profit in mid-2021, is coming off one of the worst years in its century-long history. It endured a lengthy strike by employees late last year, following months of production turmoil and a senior management shakeup in the wake of a near-catastrophic accident at the start of 2024. First Published: 23 Apr 2025, 06:07 PM IST
