Spirit AeroSystems Receives IRS Ruling on Boeing Merger

Spirit AeroSystems ( (SPR) ) just unveiled an update.

On May 12, 2025, Spirit AeroSystems announced it received a private letter ruling from the IRS regarding the tax treatment of its proposed merger with Boeing and Sphere Acquisition Corp., initially agreed upon on June 30, 2024. The IRS ruling confirms that the merger qualifies as a ‘reorganization’ under the Internal Revenue Code, meaning no gain or loss will be recognized by Spirit shareholders exchanging their stock for Boeing stock, except for cash received in lieu of fractional shares. This decision is expected to positively impact the merger’s tax reporting, although shareholders are advised to consult their tax advisors for specific implications.

The most recent analyst rating on (SPR) stock is a Hold with a $37.00 price target. To see the full list of analyst forecasts on Spirit AeroSystems stock, see the SPR Stock Forecast page.

Spark’s Take on SPR Stock

According to Spark, TipRanks’ AI Analyst, SPR is a Neutral.

The overall score of 41 reflects significant financial distress at Spirit AeroSystems, characterized by negative profitability and high leverage. While technical indicators show a modest positive trend, the valuation remains unattractive. However, the ongoing corporate events, including the Airbus agreement and potential Boeing acquisition, offer a ray of hope for future stabilization and growth.

To see Spark’s full report on SPR stock, click here.

More about Spirit AeroSystems

Spirit AeroSystems Holdings, Inc. operates in the aerospace industry, primarily focusing on the design and manufacture of aerostructures for commercial and defense aerospace programs. The company is a key supplier to major aircraft manufacturers, including Boeing.

Average Trading Volume: 1,449,468

Technical Sentiment Signal: Buy

Current Market Cap: $4.31B

For a thorough assessment of SPR stock, go to TipRanks’ Stock Analysis page.