BA
The Boeing Company
BA has a slight edge over CVU overall, supported by stronger valuation and stronger fundamentals.
CVU
CPI Aerostructures, Inc.
CVU offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
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.
CVU Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Under pressure | |
| Healthy |
CVU's revenue, profitability and balance sheet are currently healthy, but its cash flow is under pressure.
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 CVU in the historical PE scenario, which offers more potential upside but is not a forecast.
CVU PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 2.6x | $0.69 | -85% |
| Fair | 4.9x | $1.33 | -71% |
| Forward | 14x | $4.61 | — |
| Current | 17x | $4.61 | — |
| Expensive | 20x | $5.47 | +19% |
Historical ranges are pointers, not guarantees.
CVU's PE is in its expensive range at 17x. If earnings grow as analysts expect, today's price would be 14x next year's earnings, in its fair range.
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.
CVU Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for CVU, 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 edge over CVU on earnings, with more consistent year-over-year improvement.
CVU Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.34 | +24% |
| Q2 2026 | $0.27 | +$0.33 |
| Q1 2026 | $0.12 | -20% |
| Q4 2025 | -$0.07 | -127% |
| Q3 2025 | -$0.03 | -102% |
| Q2 2025 | -$0.06 | -105% |
| Q1 2025 | $0.15 | -89% |
| Q4 2024 | $0.26 | -81% |
| Q3 2024 | $1.37 | +85% |
CVU has returned to profit: it earned $0.27 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 has the edge over CVU on sales, with more consistent year-over-year improvement.
| 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.
CVU Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $17.6M | +16% |
| Q1 2026 | $17.4M | +13% |
| Q4 2025 | $19.4M | -11% |
| Q3 2025 | $19.3M | -0.8% |
| Q2 2025 | $15.2M | -27% |
| Q1 2025 | $15.4M | -19% |
| Q4 2024 | $21.8M | -7.4% |
| Q3 2024 | $19.4M | -4.8% |
CVU's revenue is recovering but still below its 2021 peak: $18M last quarter, up 16% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 6.8% | +20 points |
| Q1 2026 | 11% | +18 points |
| Q4 2025 | 6.4% | -3.1 points |
| Q3 2025 | 9.1% | +1.5 points |
| Q2 2025 | -13% | -24 points |
| Q1 2025 | -7.7% | -12 points |
| Q4 2024 | 9.5% | +3 points |
| Q3 2024 | 7.6% | +1.9 points |
CVU 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 CVU on cash generation, producing positive trailing cash flow while its opponent burns cash.
CVU Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$8.5K | +$591.3K |
| Q1 2026 | -$477.8K | +$2.3M |
| Q4 2025 | -$2.1M | -148% |
| Q3 2025 | $211.1K | -64% |
| Q2 2025 | -$599.8K | +$147.1K |
| Q1 2025 | -$2.8M | -$1.8M |
| Q4 2024 | $4.3M | +42% |
| Q3 2024 | $586.9K | +$655.6K |
CVU's free cash flow was −$2M over the past year, against $2M 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 793M diluted shares, up 4.3% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2019 | — |
CVU Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +1.6K shares |
| 1 year | +2.3% | +294K shares |
| 3 years | +3.3% | +417K shares |
| 5 years | +6.4% | +787K shares |
| Available history | +10% | +1.2M shares |
CVU has the edge over BA on shareholder dilution, with a more favorable share count trend.
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.
CVU Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 1.3x | Healthy |
| Q1 2026 | 2.6x | Moderate |
| Q4 2025 | -3.7x | Net Cash |
| Q3 2025 | 14.7x | High |
| Q2 2025 | 19.6x | High |
| Q1 2025 | 2.9x | Moderate |
| Q4 2024 | -0.8x | Net Cash |
| Q3 2024 | 2.5x | Moderate |
CVU 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).
CVU Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 45.8 | Neutral |
| Stochastic | 17.2 | Oversold |
CVU's weekly RSI is 46 (neutral) and its Stochastic is 17 (oversold).
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.
CVU PE vs Industrials Sector
| Metric | CVU | Sector median | Relative |
|---|---|---|---|
| PE | 17x | 24x | 29% below |
| PE % | 69 | 58 | 11 pts above |
CVU has the edge over BA on valuation relative to its sector.
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.
CVU Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $4.90 | 5.9% below |
| 20 week MA | $5.06 | 8.9% below |
| 50 week MA | $4.47 | 3.1% above |
| 100 week MA | $3.89 | 19% above |
| 200 week MA | $3.50 | 32% above |
CVU 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.
CVU Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $6.59 | $3.90 | -41% |
| 2021 | $3.90 | $2.28 | -42% |
| 2022 | $2.28 | $3.25 | +43% |
| 2023 | $3.25 | $2.73 | -16% |
| 2024 | $2.73 | $3.93 | +44% |
| 2025 | $3.93 | $3.75 | -4.6% |
| 2026 YTD | $3.75 | $4.61 | +23% |
CVU has the edge over BA on returns for 2026, with the stronger performance.