8 Most Promising Robotics Stocks According to Hedge Funds

5. The Boeing Company (NYSE:BA)

Number of Hedge Fund Holders: 42

The Boeing Company (NYSE:BA), mainly known for its traveling aircraft, is one of the world’s largest producers of civilian and military aircraft. The company uses autonomous robots in a large portion of its military operations. The company’s Echo Voyager is an autonomous underwater vehicle (AUV) that’s used by the military to transport equipment deep beneath the sea. The Boeing Company is also expanding its operations into space with its X-37B, which operates within 150 to 500 miles above Earth for long-term space missions.

The Boeing Company (NYSE:BA) has been suffering over the past few years due to quality issues, which has taken a financial hit. After depleting its free cash flow margin from the high of 13.9% in 2018, Boeing is trying to overcome its quality control problems and leadership failures. Lately, the company has been trying to recover and in 2022 and 2023, its free cash flow turned positive. However, after disappointing Q3 outcomes, the company expects to have cash outflows in Q4 and the full year 2025.

The Boeing Company (NYSE:BA) suffered a net loss of $6.17 billion in Q3, taking the total loss toll to almost $8 billion in 2024 so far. In Q3, the company’s revenue was reported at $1.34 billion, a slight decrease of 1% year over year. Boeing’s CFO during the earnings call addressed that turning this big ship will take time and the firm has the potential to be great again.

A notable development for the company is that its machinists have ended their two-month strike and will be back to work after a new union contract was agreed on November 4. In addition, Boeing benefits from the ongoing wars as it is one of the largest defense contractors. On September 30, Boeing received an order of $6.9 billion from the US Air Force to supply small-diameter bombs (SDB). Despite the challenges, the company remains a major defense player with its autonomous robot arms in demand.