Wells Fargo Initiates Coverage of Boeing (BA) with Overweight Recommendation
Fintel reports that on April 1, 2026, Wells Fargo initiated coverage of Boeing (NYSE:BA) with a Overweight recommendation.
Analyst Price Forecast Suggests 39.98% Upside
As of March 27, 2026, the average one-year price target for Boeing is $278.60/share. The forecasts range from a low of $234.32 to a high of $315.00. The average price target represents an increase of 39.98% from its latest reported closing price of $199.03 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Boeing is 112,888MM, an increase of 26.18%. The projected annual non-GAAP EPS is 12.75.
What is the Fund Sentiment?
There are 2,557 funds or institutions reporting positions in Boeing. This is an decrease of 725 owner(s) or 22.09% in the last quarter. Average portfolio weight of all funds dedicated to BA is 0.32%, an increase of 26.08%. Total shares owned by institutions decreased in the last three months by 16.41% to 570,074K shares. 
The put/call ratio of BA is 0.88, indicating a bullish outlook.
What are Other Shareholders Doing?
Newport Trust holds 29,485K shares representing 3.75% ownership of the company. In its prior filing, the firm reported owning 29,198K shares , representing an increase of 0.97%. The firm increased its portfolio allocation in BA by 6.74% over the last quarter.
Capital World Investors holds 27,190K shares representing 3.46% ownership of the company. In its prior filing, the firm reported owning 28,360K shares , representing a decrease of 4.30%. The firm decreased its portfolio allocation in BA by 3.98% over the last quarter.
Geode Capital Management holds 17,025K shares representing 2.17% ownership of the company. In its prior filing, the firm reported owning 16,492K shares , representing an increase of 3.14%. The firm increased its portfolio allocation in BA by 0.49% over the last quarter.
Loomis Sayles & Co L P holds 14,160K shares representing 1.80% ownership of the company. In its prior filing, the firm reported owning 14,371K shares , representing a decrease of 1.49%. The firm increased its portfolio allocation in BA by 0.47% over the last quarter.
Price T Rowe Associates holds 11,506K shares representing 1.46% ownership of the company. In its prior filing, the firm reported owning 13,486K shares , representing a decrease of 17.21%. The firm decreased its portfolio allocation in BA by 13.50% over the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.