BA
The Boeing Company
BA has the edge over OPXS overall, supported by stronger fundamentals and stronger valuation.
OPXS
Optex Systems Holdings, Inc
OPXS trails on the overall score without a compensating advantage in the available component scores.
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.
OPXS Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Stable | |
| Under pressure | |
| Strong |
OPXS's balance sheet is currently strong, and its profitability is stable, but its revenue and cash flow are 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 OPXS in the historical PE scenario, which offers more potential upside but is not a forecast.
OPXS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.3x | $4.49 | -48% |
| Fair | 15x | $8.18 | -4.7% |
| Current | 16x | $8.58 | — |
| Expensive | 20x | $10.93 | +27% |
Historical ranges are pointers, not guarantees.
OPXS's PE is in its fair range at 16x.
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.
OPXS Forward outlook
There aren't enough analyst estimates for OPXS to show an outlook.
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.
OPXS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $0.54 | -28% |
| Q1 2026 | $0.58 | -18% |
| Q4 2025 | $0.65 | +6.6% |
| Q3 2025 | $0.74 | +35% |
| Q2 2025 | $0.75 | +23% |
| Q1 2025 | $0.71 | +37% |
| Q4 2024 | $0.61 | +42% |
| Q3 2024 | $0.55 | +62% |
OPXS has the edge over BA on earnings, with more consistent year-over-year improvement.
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.
OPXS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $9.7M | -12% |
| Q1 2026 | $9.6M | -10% |
| Q4 2025 | $9.1M | +12% |
| Q3 2025 | $11.3M | +20% |
| Q2 2025 | $11.1M | +23% |
| Q1 2025 | $10.7M | +26% |
| Q4 2024 | $8.2M | +18% |
| Q3 2024 | $9.4M | +17% |
OPXS's revenue has held roughly level: $10M last quarter, down 12% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 14% | -2.9 points |
| Q1 2026 | 17% | -3.6 points |
| Q4 2025 | 1.6% | -9.5 points |
| Q3 2025 | 18% | +4.5 points |
| Q2 2025 | 17% | -0.6 points |
| Q1 2025 | 21% | +4.9 points |
| Q4 2024 | 11% | +3.2 points |
| Q3 2024 | 14% | -7.3 points |
OPXS 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 OPXS on cash flow, with more consistent year-over-year improvement.
OPXS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $2.1M | +53% |
| Q1 2026 | -$1.6M | -256% |
| Q4 2025 | -$548K | -122% |
| Q3 2025 | $1.5M | +179% |
| Q2 2025 | $1.4M | +$1.6M |
| Q1 2025 | $1.1M | +$2.4M |
| Q4 2024 | $2.5M | +13% |
| Q3 2024 | $545K | -50% |
OPXS generated $1M in free cash flow over the past year, down 73% from 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 | — |
OPXS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +9.8K shares |
| 1 year | +0.1% | +5.4K shares |
| 3 years | +3.7% | +249K shares |
| 5 years | -15% | -1.2M shares |
| Available history | -18% | -1.6M shares |
OPXS has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2021 | $74,000 |
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.
OPXS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -1.1x | Net Cash |
| Q1 2026 | -0.7x | Net Cash |
| Q4 2025 | -0.9x | Net Cash |
| Q4 2024 | -0.4x | Net Cash |
| Q3 2024 | -0.2x | Net Cash |
| Q2 2024 | -0.1x | Net Cash |
| Q1 2024 | -0.1x | Net Cash |
| Q4 2023 | -0.6x | Net Cash |
OPXS 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).
OPXS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.4 | Neutral |
| Stochastic | 13.5 | Oversold |
OPXS's weekly RSI is 33 (neutral) and its Stochastic is 14 (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.
OPXS PE vs Industrials Sector
| Metric | OPXS | Sector median | Relative |
|---|---|---|---|
| PE | 16x | 24x | 34% below |
| PE % | 56 | 58 | 2 pts below |
OPXS 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.
OPXS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.54 | 10% below |
| 20 week MA | $10.7 | 19% below |
| 50 week MA | $12.1 | 29% below |
| 100 week MA | $10.9 | 21% below |
| 200 week MA | $8.22 | 4.4% above |
OPXS 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 the edge over OPXS on returns for 2026, with the stronger performance.
OPXS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $2.02 | $1.73 | -14% |
| 2021 | $1.73 | $1.79 | +3.5% |
| 2022 | $1.79 | $2.91 | +63% |
| 2023 | $2.91 | $6.55 | +125% |
| 2024 | $6.55 | $7.02 | +7.2% |
| 2025 | $7.02 | $14.1 | +100% |
| 2026 YTD | $14.1 | $8.58 | -39% |
OPXS is down 39% so far in 2026, after finishing higher in five of the previous six years.