BA
The Boeing Company
BA has lower modeled downside risk, despite its lower overall score.
BE
Bloom Energy Corporation
BE has the edge over BA overall, supported by stronger modeled upside.
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.
BE Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| Healthy | |
| Strong |
BE's revenue, profitability, cash flow and balance sheet are all currently healthy.
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's PE is 18x, but its earnings don't support one, so it isn't a reliable read right now.
BE PE Valuation
BE has no meaningful PE right now: it lost money over the past year.
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.
BE Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect strong earnings and revenue growth for BE, with profitability improving.
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 the stronger earnings trend. Trailing diluted EPS is down 30% for BA versus BE down 91%.
BE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.75 | +4218% |
| Q2 2025 | $0.11 | +$1.38 |
| Q1 2025 | $0.02 | +$1.34 |
| Q4 2024 | -$0.13 | +$1.29 |
| Q3 2024 | -$0.53 | +$1.14 |
| Q2 2024 | -$1.27 | -$0.09 |
| Q1 2024 | -$1.32 | +$0.21 |
| Q4 2023 | -$1.42 | +$0.20 |
| Q3 2023 | -$1.67 | -$0.06 |
BE has returned to profit: it earned $0.11 per share over the past year, after losing money the year before.
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.
BE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.2B | +138% |
| Q2 2026 | $1.1B | +166% |
| Q1 2026 | $751.1M | +130% |
| Q4 2025 | $777.7M | +36% |
| Q3 2025 | $519M | +57% |
| Q2 2025 | $401.2M | +20% |
| Q1 2025 | $326M | +39% |
| Q4 2024 | $572.4M | +60% |
BE has the edge over BA on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 18% | +17 points |
| Q2 2026 | 17% | +18 points |
| Q1 2026 | 9.6% | +16 points |
| Q4 2025 | 11% | -7 points |
| Q3 2025 | 1.5% | +4.4 points |
| Q2 2025 | -0.9% | +6 points |
| Q1 2025 | -5.8% | +15 points |
| Q4 2024 | 18% | +15 points |
BE has the edge over BA on profitability, with a higher operating margin.
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 BE on cash flow, with more consistent year-over-year improvement.
BE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$180.6M | -2552% |
| Q2 2026 | $174.8M | +$395.1M |
| Q1 2026 | $47.4M | +$172.4M |
| Q4 2025 | $395.1M | -16% |
| Q3 2025 | $7.4M | +$91.1M |
| Q2 2025 | -$220.4M | -$32.8M |
| Q1 2025 | -$124.9M | +$43.8M |
| Q4 2024 | $473.1M | +348% |
BE has burned cash in most quarters: $437M over the past year, about three times what it generated the year before.
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 BE on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2019 | — |
BE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.3% | +958K shares |
| 1 year | +38% | +89.4M shares |
| 3 years | +54% | +113M shares |
| 5 years | +86% | +150M shares |
| Available history | +182% | +209M shares |
BE has 324M diluted shares, up 38% from a year ago.
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.
BE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.0x | Net Cash |
| Q2 2026 | -0.5x | Net Cash |
| Q1 2026 | 0.5x | Very low |
| Q4 2025 | 1.4x | Healthy |
| Q3 2025 | 3.8x | Elevated |
| Q2 2025 | 4.5x | High |
| Q1 2025 | 4.3x | High |
| Q4 2024 | 5.8x | High |
BE has the edge over BA on leverage, with a lower net debt burden relative to earnings.
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).
BE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 46.5 | Neutral |
| Stochastic | 24.9 | Neutral |
BE's weekly RSI is 46 (neutral) and its Stochastic is 25 (neutral).
BA PE vs Industrials Sector
| Metric | BA | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 24x | 26% below |
| PE % | 0 | 58 | 58 pts below |
BA is trading at 18x earnings, a 26% discount to the Industrials sector's median of 24x, though its earnings don't support one.
BE PE vs Industrials Sector
| Metric | BE | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
BE has no meaningful PE right now: it lost money over the past year.
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.
BE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $231.4 | 13% below |
| 20 week MA | $231.4 | 13% below |
| 50 week MA | $202.4 | 0.2% below |
| 100 week MA | $123.2 | 64% above |
| 200 week MA | $68.9 | 193% above |
BE has the edge over BA on trend strength, trading above more of its moving averages.
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.
BE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $6.37 | $30.5 | +379% |
| 2021 | $30.5 | $22.0 | -28% |
| 2022 | $22.0 | $18.5 | -16% |
| 2023 | $18.5 | $14.8 | -20% |
| 2024 | $14.8 | $22.9 | +55% |
| 2025 | $22.9 | $90.2 | +294% |
| 2026 YTD | $90.2 | $201.9 | +124% |
BE has the edge over BA on returns for 2026, with the stronger performance.