QualityDipJC
Jim CramerOct 27 · TV
neutralSays Boeing faces a tougher recovery after cutting its free-cash-flow outlook and could slip further, but stays optimistic long term if management hits the new targets.
Stocks / Industrials · Aerospace
BA
Boeing Company BA
$171.55−0.64% dayFri Oct 30 close
In a deep dip: 32% below its 52-week high.
A quality company. No fair value estimate for now: a capital-spending surge is squeezing its free cash flow.
- Fair value est.
- n/a
- Market Value
- forming
- Off 52-wk high
- −32%
- Risk vs market
- Above marketbeta 1.16
5 bullish · 4 bearish See why
Drag across the chart to see any day
Key levels
Every level vs today’s $171.55
- 52-wk lowlowest close, 1 year$167.14−2.6%
- PriceFri Oct 30 close$171.55you are here
- 52-wk highhighest close, 1 year$252.15+47.0%
Fair value estimate
Estimate unreliable for BA: free cash flow is squeezed by a capital-spending surge (capex is 100% of operating cash flow over the last 12 months, vs 26% in FY2023), so a DCF on today's free cash flow would understate the business. We’d rather show nothing than a made-up number.
Risk vs market
How risk vs market is measured
One year of daily returns (Oct 30 to Oct 30, 252 sessions). Beta = how much BA moved for each 1% move in the S&P 500 (SPY); 1.0 moves with the market. Volatility is the yearly standard deviation of daily returns. Past behavior, not a forecast.
Above market
Swings more than the market, and its own price swings are 2.8× the S&P 500’s.
- Beta vs S&P 500
- 1.16
- Volatility
- 36% vs 13% SPY
- Correlation SPY
- 0.42
- Correlation QQQ
- 0.33
Bull vs bear
Rule-based from the data on this page, strongest first. Not advice.
Top bullish points 5 of 5
ValuationP/E of 18.7× vs a 27.5× median for the 130 Industrials companies we cover.
ProfitabilityOperating margin widened to 4.8% in FY2025 from −1.0% in FY2023 (SEC filings).
ProfitabilityReturn on invested capital of 30%, above the 9.5% discount rate our DCF uses.
TechnicalA company that passes our quality screen, now 32% off its 52-week high (deep dip).
QualityPasses all four of our quality checks: cash generation, returns on capital, growth and balance sheet.
Top bearish points 4 of 5
Balance sheetDebt is 7.0× shareholders’ equity.
ValuationFree-cash-flow yield is just 0.0%.
ProfitabilityGross margin narrowed to 4.8% in FY2025 from 9.9% in FY2023 (SEC filings).
Cash returnsShare count up 4.3% in a year: existing holders are being diluted.
Who’s talking about it
Notable investors, executives, analysts and public figures on Boeing Company in the last 48 hours. Headlines as published, each linked. Their words, not ours.
Jim CramerCNBC Mad MoneyAnalyst
Cramer thinks Boeing’s problems aren’t going away soon, says buy GETheStreet ·
Checked Nov 1, 9:09 PM ET. Matched by name against a maintained list plus the company’s own executives. Information only, not advice.
Compare with peers
Closest in size in Aerospace
All fundamentals
P/E 18.7 · FCF yield 0.0% · Sales +18%
Valuation
- P/E
- 18.7×Industrials median 27.5×
- Price / FCF
- n/an/m: free cash flow near zero
- FCF yield
- 0.0%
- EV / EBITDA
- 13.4×
- Price / sales
- 1.44×
- Price / book
- 20.90×
- Market cap
- $137Blisted
- Enterprise value
- $162B
Growth
- Revenue, 12 months
- $94.9B
- Sales growth, 12 months
- +17.5%vs the 12 months before
- Sales growth, 3 yrs
- +10.3%/yrfrom FY2022
- Diluted EPS, 12 months
- $9.69
- EPS growth, last FY
- n/afewer than two years of diluted EPS
- Net income, 12 months
- $7.3B
- Net income growth
- n/anot reported in its SEC filings
Profitability
- Gross margin
- 9.4%
- Operating margin
- 10.3%
- Net margin
- 7.7%
- FCF margin
- 0.0%
- Return on equity
- n/anot reported in its SEC filings
- Return on invested capital
- 30%
Balance sheet
- Cash & short-term inv.
- $20.7B
- Total debt
- $45.6B
- Net cash
- −$24.9B
- Debt / equity
- 6.97×
- Interest coverage
- 4.0×operating income / interest
Cash flow & returns
- Free cash flow, 12 months
- $16M
- FCF growth, 12 months
- n/anot reported in its SEC filings
- Dividend yield
- 0.25%$346M paid
- Payout ratio
- 5%
- Buybacks, 12 months
- n/anot reported in its SEC filings
- Share count, 1 year
- +4.3%diluted shares vs a year ago
- Stock-based comp
- $444M
Trailing 12 months to Sep 30, 2026; balance sheet at Sep 30, 2026. From Boeing Company’s SEC filings. Sparklines show up to six fiscal years. n/a means we don’t hold that number, with the reason. How each is computed.
Valuation details
Market ValueForming: thesis-changing filing on Oct 27, needs five trading days
forming
Fair value estimaten/a — free cash flow is squeezed by a capital-spending surge (capex is 100% of operating cash flow over the last 12 months, vs 26% in FY2023), so a DCF on today's free cash flow would understate the business
n/a
FCF valuen/a — capital spending is squeezing trailing free cash flow (see above)
n/a
Setup & signals
No setup armed
No setup armed, so there’s no trigger or stop to track yet. We watch it daily for our three reversal signal rules while it sits in a dip.
Momentum & 52-week range
RSI 32 · 5 days −8.9%
$171.55now
52-wk low $167.14high $252.15
Off 52-wk high−32.0%
5 days−8.9%
vs 50-day avg−12.5%
vs 200-day avg−20.9%
RSI (14)32
Market cap$137B
The business
FCF $0.0B · Sales +6%
- Free cash flow, 12 months$0.0B
- Free-cash-flow yield0.0%
- Free-cash-flow margin0%
- Gross margin9%
- Operating margin0%
- Return on invested capital0%
- Return on equity594%
- Sales growth (latest quarter vs year-ago quarter)+6%
- Net debt / EBITDA2.9×
Investor buzz
2 from investors
Their view, not ours, and not advice. All buzz
DT
David TepperAug 14 · 13F filing
bullish13F: new stake, Q2 2026 (800,000 shares, now 2.3% of the 13F portfolio). Quarterly filing, positions as of 2026-06-30.
Information only, not investment advice. Fair value estimates and talking points are rule-based model output from public data and can be wrong; stop levels are reference points, not orders. How every number is computed.
Get a text when BA fires a reversal signal
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