Ba Stock Forecast, Price & News Boeing

Boeing stock

As a whole, the level of international travel has increased from a 25 of pre-COVID in 2021 to 48% in Q1 2022. Boeing’s shares have dropped by -21% following the company’s first quarter results announcement, as both its top line and bottom line came in below expectations. MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

  • A recovery in the aviation industry and the resolution of various issues for the 787 and 777X will boost BA’s intermediate to long-term operating and financial performance.
  • Yahoo Finance Live anchors discuss Virgin Galactic’s aircraft deal with Boeing.
  • I think that there are three key potential drivers of a bounce back in BA’s share price.
  • In the past three months, Boeing insiders have not sold or bought any company stock.
  • These factors are also expected to impact Boeing’s mid-term business and financial outlook.
  • Receive a free world-class investing education from MarketBeat.

Willie Walsh, Director General of IATA or the International Air Transport Association, recently gave a speech on May 17, 2022, and he highlighted that there are encouraging signs of recovery in specific DotBig aviation markets. For example, Willie Walsh revealed that travel in "some parts of the world including Europe, North America, and Latin America" has already recovered to 60% of pre-COVID levels.

Moodys Daily Credit Risk Score

In summary, BA’s headline Q financial metrics were poor and this explains Boeing’s weak stock price performance post-results announcement. A valuation method that multiplies the price of a company’s stock by the total number of outstanding shares. Receive a free world-class investing education from MarketBeat. Learn about financial DotBig terms, types of investments, trading strategies and more. Boeing has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. According to analysts’ consensus price target of $225.83, Boeing has a forecasted upside of 65.7% from its current price of $136.31.

Boeing stock

But I see a Hold investment rating as being more appropriate for Boeing, as it could take more time for the company to deal with some of the short-term headwinds it is currently facing. 18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Boeing in the last year. There are currently 3 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" I am of the view that Boeing is a good long-term stock, and this is premised on expectations of a faster-than-expected recovery of the global aviation market and eventual return to normalized aviation traffic levels.

Latest Ba News

These factors are also expected to impact Boeing’s mid-term business and financial outlook. Boeing’s future share price recovery and intermediate-term outlook are dependent on the 787 delivery resumption, the return of 737 MAX to Chinese skies, and positive updates on the 777X. View our full suite of financial calendars and market data tables, all for free.

This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 . This is a lower news sentiment than the 0.53 average news sentiment score of Aerospace companies. Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, The Boeing Company shares are logging -44.18% during the 52-week period from high price, and 19.10% higher than the lowest price point for the same timeframe.

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In recent years, Boeing has taken investors on a ride they would rather forget. The company’s flagship 737 MAX was grounded in March 2019 after a pair of fatal accidents.

What Other Stocks Do Shareholders Of Boeing Own?

The sell-side consensus expects Boeing’s financial performance to return to 2018 levels by FY 2026 or in five years’ time, and I agree. I reviewed BA’s Q financial results in an earlier article published on February 4, 2022, and highlighted both its below-expectations earnings and positive free cash flow. For the purpose of the current article, my focus is evaluating Boeing’s medium-term or five-year outlook in view of recent corporate developments. Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow. Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure.

The average analyst price target is about $216 a share, up about 55% from current levels. The trading action goes to show the Airbus win isn’t really bad news for Boeing. Raw Stochastic average of The Boeing Company in the period of last 50 days is set at 31.03%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 63.26%. In the last 20 days, the company’s Stochastic %K was 73.43% and its Stochastic %D was recorded 74.34%. Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns.

Boeing planes account for about 45% of the single-aisle jets those carriers are now using. The 737 MAX investigation also led to questions about Boeing’s quality control and its relationship with its primary regulator. Shares of Boeing lost 32.1% of their value, according to data provided by S&P Global Market Intelligence, as the company faced a combination of continued quality concerns and new uncertainty about demand for its core products. I/we have no stock, option or similar BA stock forecast derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. The planned maiden delivery of the 777X has already been deferred, and there are fears of future delays. Seeking Alpha News highlighted in a recent May 9, 2022, article that the "first delivery of the 777X" was recently delayed "by more than a year to 2025", and cited "Air Lease executive chairman’s" comments that the 777X "project could be at risk."

Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Based on aggregate information from My MarketBeat watchlists, some companies that other Boeing investors own include NVIDIA , Tesla DotBig , Walt Disney , Netflix , Alibaba Group , JPMorgan Chase & Co. , AT&T , Johnson & Johnson , Intel and Bank of America . In the past three months, Boeing insiders have not sold or bought any company stock. MarketBeat has tracked 11 news articles for Boeing this week, compared to 23 articles on an average week.

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