SPR Stock Recent News

Britain's competition regulator said on Monday it has begun a Phase 1 investigation into planemaker Boeing's deal to acquire Spirit Aerosystems and set a deadline of August 28 for a decision.

Britain's competition regulator is considering whether Boeing's deal to acquire its former subsidiary Spirit AeroSystems could affect competition in the country or in other markets, it said on Thursday.

Spirit Aerosystems (SPR) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Aerospace supplier Spirit AeroSystems on Thursday reported a drop in first-quarter revenue, hurt by slower production across most programs at its key customer Boeing.

WICHITA, Kan. , May 1, 2025 /PRNewswire/ -- First Quarter 2025 Revenues of $1.5 billion EPS of $(5.21); Adjusted EPS* of $(4.25) Cash used in operations of $420 million; Free cash flow* usage of $474 million Spirit AeroSystems Holdings, Inc. (NYSE: SPR) ("Spirit," "Spirit AeroSystems" or the "Company") reported first quarter 2025 financial results.

Spirit Aerosystems (SPR) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Get more equity coverage like this on the Stock Movers podcast from Bloomberg, featuring five-minute episodes on the winners and losers in the stock market. Subscribe here: https://link.podtrac.com/h0zn7xir On this episode of Stock Movers: • Boeing (BA) shares rose after Bernstein upgrades to outperform from market perform noting that the aircraft maker is now “making the progress it needed for the growth trajectory.

Boeing Co (NYSE:BA, ETR:BCO) and Airbus Group (EPA:AIR) shares rose after the pair agreeing to carve up Spirit AeroSystems, splitting key assets of the struggling aerospace supplier between them. Under the agreement, Boeing will buy back Spirit's US-focused operations – which it spun off two decades ago – for $4.7 billion in stock, while Airbus will absorb loss-making European activities, both companies said on Monday.

The companies entered into a definitive deal for the acquisition of some Spirit industrial assets dedicated to Airbus's commercial aircraft programs.

Europe's Airbus said late on Sunday it has finalized an agreement to take some assets from Spirit AeroSystems , completing a critical part of a transatlantic carve-up of the struggling supplier with U.S. rival Boeing.