RBC cuts target for Boeing stock to USD 235

Published on 10/16/2026 at 15:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 8.00 percent to USD 24.6 billion in second-quarter 2026. Boeing stock costs EUR 168.96 on October 16, 2026, 1.20 percent above Xetra close.

Analyst view meets earnings date

Royal Bank of Canada lowered its Boeing target to USD 235 on October 15, 2026.
Second-quarter 2026 revenue reached USD 24.6 billion after 8.00 percent growth.
Boeing stock costs EUR 168.96 at Lang & Schwarz on October 16, 2026 at 3:35 p.m. CEST, 1.20 percent above the Xetra close of October 15, 2026.
Boeing reports third-quarter results on October 27, 2026, while its P/E is 82.52.

Schwarzweiß-Dokumentarfoto von Technikern an einem unmarkierten Flugzeugrumpf in einer Fabrikhalle — Dokumentarische Schwarzweiß-Reportage zeigt Boeing Company (ISIN US0970231058) mit Technikern am generischen unmarkierten Flugzeugrumpf in Fabrikhalle, Illustration mit AI erstellt.

RBC cut Boeing's target from USD 265 to USD 235 on October 15, 2026, while keeping its Outperform rating, according to Yahoo Finance. The new target is 22.99 percent above Boeing's USD 191.07 NYSE price on October 16, 2026 at 9:46 a.m. ET. Boeing stock was trading at EUR 168.96 at Lang & Schwarz on October 16, 2026 at 3:35 p.m. CEST, 1.20 percent above the Xetra close of October 15, 2026 at EUR 166.96.

Revenue growth meets a loss

Boeing reported USD 24.6 billion in revenue for the second quarter of 2026, up 8.00 percent from the year-earlier period, according to Yahoo Finance. The standardized financial figures show a net loss of USD 530.0 million and diluted earnings per share of minus USD 0.67 for the same quarter. Operating margin was 1.00 percent, while operating cash flow reached USD 1.364 billion.

Stock sits below its yearly high

The NYSE quote was USD 191.07 on October 16, 2026 at 9:46 a.m. ET, up 1.24 percent from the prior session. Boeing's 52-week range ran from USD 176.77 to USD 254.35, leaving the stock 24.89 percent below its high and 8.08 percent above its low. Trading volume was 751,913 shares against an average of 6,722,851 shares at that timestamp.

Valuation and the next report

Boeing's market capitalization was USD 151.0 billion on October 16, 2026, and its P/E was 82.52. The company's next scheduled event is its third-quarter 2026 earnings conference call on October 27, 2026 at 10:30 a.m. ET, according to Boeing Company.

Comparison with peers

Boeing: plus 1.20 percent, P/E 82.52, market capitalization USD 151.0 billion
Lockheed Martin (NYSE, USD): plus 2.13 percent, P/E 19.96, market capitalization USD 125.6 billion
Howmet Aerospace (NYSE, USD): plus 0.47 percent, P/E 47.58, market capitalization USD 88.0 billion

What the target means for Boeing

RBC's revised USD 235 target places the emphasis on execution before Boeing's October 27 results. The company had announced 161 commercial aircraft deliveries for the third quarter on October 13, 2026, a figure covered by Yahoo Finance.

Euro price after the Xetra session

Boeing stock was trading at EUR 168.96 at Lang & Schwarz on October 16, 2026 at 3:35 p.m. CEST, 1.20 percent above the Xetra close of October 15, 2026 at EUR 166.96. On the NYSE, the stock was at USD 191.07 on October 16, 2026 at 9:46 a.m. ET. The further course of trading is shown by the continuously updated real-time quote of Boeing stock.