BA
The Boeing Company
BA has the edge over PPSI overall, supported by stronger fundamentals and lower modeled downside.
PPSI
Pioneer Power Solutions, Inc.
PPSI 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.
PPSI Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Weak | |
| Under pressure | |
| Strong |
PPSI's balance sheet is currently strong, but its revenue, profitability 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's PE is 18x, but its earnings don't support one, so it isn't a reliable read right now.
PPSI PE Valuation
PPSI 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.
PPSI Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect PPSI's losses to shrink, with revenue growing.
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 PPSI on earnings quality, reporting a profit while its opponent remains loss making.
PPSI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$0.75 | -125% |
| Q1 2026 | -$0.68 | -123% |
| Q4 2025 | -$0.54 | -119% |
| Q3 2025 | $2.89 | +$3.74 |
| Q2 2025 | $3.00 | +$3.65 |
| Q1 2025 | $2.91 | +$3.38 |
| Q4 2024 | $2.90 | +$3.26 |
| Q3 2024 | -$0.85 | -572% |
PPSI has swung to a loss: it lost $0.75 per share over the past year, after a profit 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 PPSI 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 has the edge over PPSI on profitability, with a higher operating margin.
PPSI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $4.7M | -44% |
| Q1 2026 | $4M | -41% |
| Q4 2025 | $5.6M | +7.1% |
| Q3 2025 | $6.9M | -37% |
| Q2 2025 | $8.4M | +32% |
| Q1 2025 | $6.7M | -22% |
| Q4 2024 | $5.3M | -38% |
| Q3 2024 | $10.9M | -12% |
PPSI's revenue has slid since its 2023 peak: $5M last quarter, down 44% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -43% | -22 points |
| Q1 2026 | -50% | -16 points |
| Q4 2025 | -19% | +60 points |
| Q3 2025 | -21% | -11 points |
| Q2 2025 | -20% | +16 points |
| Q1 2025 | -35% | -22 points |
| Q4 2024 | -79% | -19 points |
| Q3 2024 | -10% | -18 points |
PPSI's operating margin was −43% last quarter, down 22 points from the same quarter a year ago.
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 PPSI on cash generation, producing positive trailing cash flow while its opponent burns cash.
PPSI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$2.8M | +$2.8M |
| Q1 2026 | -$1.1M | -223% |
| Q4 2025 | -$2.2M | +$2.4M |
| Q3 2025 | -$1.6M | +$1.8M |
| Q2 2025 | -$5.6M | -3400% |
| Q1 2025 | $907K | +$3.1M |
| Q4 2024 | -$4.6M | -$758K |
| Q3 2024 | -$3.4M | -$1.3M |
PPSI has burned cash in most quarters: −$8M over the past year, against −$13M 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 | — |
PPSI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +678 shares |
| 1 year | -0.1% | -7.8K shares |
| 3 years | +12% | +1.2M shares |
| 5 years | +27% | +2.4M shares |
| Available history | +27% | +2.4M shares |
PPSI has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2024 | — |
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.
PPSI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2023 | -3.9x | Net Cash |
PPSI has more cash than debt.
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).
PPSI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 35.7 | Neutral |
| Stochastic | 11.7 | Oversold |
PPSI's weekly RSI is 36 (neutral) and its Stochastic is 12 (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.
PPSI PE vs Industrials Sector
| Metric | PPSI | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
PPSI 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.
PPSI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $2.74 | 19% below |
| 20 week MA | $2.98 | 25% below |
| 50 week MA | $3.59 | 38% below |
| 100 week MA | $3.55 | 37% below |
| 200 week MA | $4.38 | 49% below |
PPSI is in a downtrend: it's below all five of its weekly moving averages, and 49% below its 200-week average.
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 PPSI on returns for 2026, with the stronger performance.
PPSI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $2.16 | $4.28 | +98% |
| 2021 | $4.28 | $7.99 | +87% |
| 2022 | $7.99 | $2.55 | -68% |
| 2023 | $2.55 | $6.79 | +166% |
| 2024 | $6.79 | $4.08 | -40% |
| 2025 | $4.08 | $4.63 | +13% |
| 2026 YTD | $4.63 | $2.23 | -52% |
PPSI's yearly returns have swung widely, from +166% in 2023 to −68% in 2022. It's down 52% so far in 2026.