Using the PEG framework with analyst consensus forward EPS growth of 25.0%, The Boeing Company has a fair value of $32.75 based on NTM EPS (FY2026) of $1.31. The current PEG ratio is 3.96.
PEG < 1 = bargain, 1–1.5 = fair, > 2 = expensive.
Growth above 25% is capped — hypergrowth may not be sustainable long-term.
| EPS Growth RateForward | 37.7% |
| Adjusted Growth (clamped 8–25%)Clamped | 25.0% |
| Fair P/E | 25.0x |
| NTM EPS (FY2026) | $1.31 |
| Fair Value | $32.75 |
| Period | EPS Est. | Growth | Analysts |
|---|---|---|---|
| FY2025 (actual) | $2.48 | — | — |
| FY2026E | $1.31 | -47.2% | 19 |
| FY2027E | $4.80 | +266.8% | 19 |
| FY2028E | $8.39 | +74.6% | 16 |
| FY2029E | $10.11 | +20.5% | 15 |
| FY2030E | $12.28 | +21.5% | 15 |
5Y Forward EPS CAGR: 37.7%
The PEG Fair Value uses the Price/Earnings-to-Growth framework. A stock is fairly valued when its P/E ratio equals its earnings growth rate (PEG = 1.0). This model adds dividend yield to the growth rate per the original PEGY formula.
Growth rate priority: analyst consensus forward EPS CAGR (when ≥ 3 analysts cover the stock), falling back to historical EPS CAGR. Using EPS rather than net income avoids distortion from share buybacks. The growth rate is clamped between 8% and 25% — below 8% would undervalue stable earners, while above 25% would overvalue unsustainable spikes.
| Year | Net Income | EPS | YoY |
|---|
| FY2021 | $-4.2B | $-7.15 | — |
| FY2022 | $-4.9B | $-8.29 | — |
| FY2023 | $-2.2B | $-3.67 | — |
| FY2024 | $-11.8B | $-18.36 | — |
| FY2025 | $2.2B | $2.48 | — |
4Y Historical EPS CAGR: 0.0%