AEIS
Advanced Energy Industries, Inc.
AEIS has the edge over BA overall, supported by stronger modeled upside and stronger valuation.
BA
The Boeing Company
BA's outlook is improving, though it still trails on the overall score.
AEIS Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Under pressure | |
| Strong |
AEIS's revenue, profitability and balance sheet are currently strong, but its cash flow is under pressure.
BA Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Stable | |
| Under pressure |
BA's profitability is currently healthy, and its revenue and cash flow are stable, but its balance sheet is under pressure.
AEIS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 14x | $229 | — |
| Cheap | 21x | $150 | -35% |
| Current | 33x | $229 | — |
| Fair | 34x | $234 | +2.5% |
| Expensive | 67x | $465 | +103% |
Historical ranges are pointers, not guarantees.
AEIS's PE is in its fair range at 33x. If earnings grow as analysts expect, today's price would be 14x next year's earnings, in its cheap range.
BA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 18x | $172 | — |
| Cheap | 51x | $496 | +189% |
| Fair | 82x | $790 | +360% |
| Expensive | 91x | $876 | +411% |
Historical ranges are pointers, not guarantees.
BA has the edge over AEIS in the historical PE scenario, which offers more potential upside but is not a forecast.
AEIS Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect strong earnings and revenue growth for AEIS, with profitability improving. However, they disagree widely on these estimates.
BA Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Growth | |
| Improving | |
| Limited | |
| Low |
Analysts expect BA to return to profit, with revenue growing. However, they disagree widely on these estimates.
AEIS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $16.91 | +143% |
| Q3 2026 | $6.97 | +83% |
| Q2 2026 | $5.38 | +143% |
| Q1 2026 | $4.77 | +146% |
| Q4 2025 | $3.84 | +169% |
| Q3 2025 | $3.81 | +234% |
| Q2 2025 | $2.21 | -7.9% |
| Q1 2025 | $1.94 | -29% |
| Q4 2024 | $1.43 | -58% |
AEIS has the edge over BA on earnings, with more consistent year-over-year improvement.
BA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $9.66 | +$23.38 |
| Q2 2026 | $2.78 | +$19.33 |
| Q1 2026 | $2.53 | +$20.49 |
| Q4 2025 | $2.48 | +$20.84 |
| Q3 2025 | -$13.72 | -$0.83 |
| Q2 2025 | -$16.55 | -$10.93 |
| Q1 2025 | -$17.96 | -$14.42 |
| Q4 2024 | -$18.36 | -$14.69 |
BA has returned to profit: it earned $9.66 per share over the past year, after losing money the year before.
AEIS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $696.4M | +50% |
| Q2 2026 | $574.1M | +30% |
| Q1 2026 | $511M | +26% |
| Q4 2025 | $489.4M | +18% |
| Q3 2025 | $463.3M | +24% |
| Q2 2025 | $441.5M | +21% |
| Q1 2025 | $404.6M | +24% |
| Q4 2024 | $415.4M | +2.5% |
AEIS has the edge over BA on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 21% | +9.9 points |
| Q2 2026 | 17% | +9.4 points |
| Q1 2026 | 13% | +5.8 points |
| Q4 2025 | 12% | +3.4 points |
| Q3 2025 | 11% | +14 points |
| Q2 2025 | 7.2% | +3.6 points |
| Q1 2025 | 7.6% | +7.3 points |
| Q4 2024 | 8.2% | +4.8 points |
AEIS has the edge over BA on profitability, with a higher operating margin.
BA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $24.2B | +3.9% |
| Q2 2026 | $24.6B | +8% |
| Q1 2026 | $22.2B | +14% |
| Q4 2025 | $23.9B | +57% |
| Q3 2025 | $23.3B | +30% |
| Q2 2025 | $22.7B | +35% |
| Q1 2025 | $19.5B | +18% |
| Q4 2024 | $15.2B | -31% |
BA's revenue has grown year over year for seven quarters in a row: $24.2B last quarter, up 3.9% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 1.5% | +22 points |
| Q2 2026 | 0.6% | +1.4 points |
| Q1 2026 | 2% | -0.3 points |
| Q4 2025 | 37% | +61 points |
| Q3 2025 | -21% | +12 points |
| Q2 2025 | -0.8% | +5.7 points |
| Q1 2025 | 2.4% | +2.9 points |
| Q4 2024 | -25% | -26 points |
BA's operating margin was 1.5% last quarter, up 22 points from the same quarter a year ago.
AEIS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $34M | -33% |
| Q2 2026 | $35.5M | +108% |
| Q1 2026 | -$42.6M | -384% |
| Q4 2025 | $43M | -39% |
| Q3 2025 | $50.8M | +137% |
| Q2 2025 | $17.1M | +$25.2M |
| Q1 2025 | $15M | +$24.3M |
| Q4 2024 | $69.9M | +0.2% |
AEIS still generates free cash flow, though less than at its 2024 peak: $70M over the past year.
BA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $464M | +95% |
| Q2 2026 | $631M | +$831M |
| Q1 2026 | -$1.5B | +$836M |
| Q4 2025 | $375M | +$4.5B |
| Q3 2025 | $238M | +$2.2B |
| Q2 2025 | -$200M | +$4.1B |
| Q1 2025 | -$2.3B | +$1.6B |
| Q4 2024 | -$4.1B | -239% |
BA has the edge over AEIS on cash flow, with more consistent year-over-year improvement.
AEIS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.1% | -900K shares |
| 1 year | +7.5% | +2.9M shares |
| 3 years | +9.4% | +3.5M shares |
| 5 years | +7.9% | +3M shares |
| Available history | +7.5% | +2.9M shares |
AEIS has 41M diluted shares, up 7.5% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $500,000 |
| Q4 2025 | $6.5M |
| Q3 2025 | — |
| Q2 2025 | $23.2M |
| Q1 2025 | $500,000 |
| Q4 2024 | — |
AEIS has spent almost nothing on buybacks in the past year.
BA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.3% | +2.1M shares |
| 1 year | +4.3% | +32.8M shares |
| 3 years | +31% | +186M shares |
| 5 years | +35% | +204M shares |
| Available history | +40% | +227M shares |
BA has the edge over AEIS on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2019 | — |
AEIS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.4x | Net Cash |
| Q2 2026 | -0.4x | Net Cash |
| Q1 2026 | -0.5x | Net Cash |
| Q4 2025 | -1.0x | Net Cash |
| Q3 2025 | -0.9x | Net Cash |
| Q2 2025 | -1.0x | Net Cash |
| Q1 2025 | -1.2x | Net Cash |
| Q4 2024 | -1.5x | Net Cash |
AEIS has the edge over BA on leverage, with a lower net debt burden relative to earnings.
BA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.0x | Elevated |
| Q2 2026 | 5.7x | High |
| Q1 2026 | 6.0x | High |
| Q4 2025 | 6.9x | High |
| Q2 2024 | 361.8x | High |
| Q1 2024 | 36.1x | High |
| Q4 2023 | 36.4x | High |
| Q3 2023 | 96.1x | High |
BA's net debt is about 3.0 years of its operating earnings (EBITDA), down from more than 20 years a year ago.
AEIS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.9 | Neutral |
| Stochastic | 16.2 | Oversold |
AEIS's weekly RSI is 42 (neutral) and its Stochastic is 16 (oversold).
BA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 31.1 | Neutral |
| Stochastic | 9.6 | Oversold |
BA's weekly RSI is 31 (neutral) and its Stochastic is 10 (oversold).
AEIS PE vs Industrials Sector
| Metric | AEIS | Sector median | Relative |
|---|---|---|---|
| PE | 33x | 24x | 37% above |
| PE % | 48 | 58 | 10 pts below |
AEIS is trading at 33x earnings, a 37% premium to the Industrials sector's median of 24x.
BA PE vs Industrials Sector
| Metric | BA | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 24x | 26% below |
| PE % | 0 | 58 | 58 pts below |
BA has the edge over AEIS on valuation relative to its sector.
AEIS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $246.9 | 7.3% below |
| 20 week MA | $275.8 | 17% below |
| 50 week MA | $292.3 | 22% below |
| 100 week MA | $214.9 | 6.5% above |
| 200 week MA | $158.7 | 44% above |
AEIS has the edge over BA on trend strength, trading above more of its moving averages.
BA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $184.6 | 7.1% below |
| 20 week MA | $203.8 | 16% below |
| 50 week MA | $215.5 | 20% below |
| 100 week MA | $205.9 | 17% below |
| 200 week MA | $200.6 | 14% below |
BA is in a downtrend: it's below all five of its weekly moving averages, and 14% below its 200-week average.
AEIS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $71.5 | $98.9 | +38% |
| 2021 | $98.9 | $89.1 | -10% |
| 2022 | $89.1 | $83.7 | -6% |
| 2023 | $83.7 | $108.9 | +30% |
| 2024 | $108.9 | $115.1 | +5.7% |
| 2025 | $115.1 | $217.9 | +89% |
| 2026 YTD | $217.9 | $228.8 | +5% |
AEIS has the edge over BA on returns for 2026, with the stronger performance.
BA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $330.1 | $217.2 | -34% |
| 2021 | $217.2 | $204.2 | -6% |
| 2022 | $204.2 | $189.1 | -7.4% |
| 2023 | $189.1 | $260.7 | +38% |
| 2024 | $260.7 | $180.7 | -31% |
| 2025 | $180.7 | $216.4 | +20% |
| 2026 YTD | $216.4 | $171.6 | -21% |
BA has finished lower in four of the last six years. It's down 21% so far in 2026.