Boeing Stock Forecast: BA Stock down, Outlook marginally Negative

Boeing Stock Forecast: BA Stock down, Outlook marginally Negative
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Boeing Stock Forecast: In the next trading session, Shares of BA are expected to trade between $ 186 and $ 196.
The current outlook is Negative (Positive: 40%, Negative: 60%).

Boeing Stock Forecast: Latest Price

Metric
Value
Trend

Share Volume
949 K
Lower

Forward PE (1 Year)
55.21
N/A


Boeing Stock Forecast: Performance Chart


1 month
1 Year
-5.8%
-23.2%

Boeing Stock: Momentum Summary

Indicator
Direction
Price
Lower
Volume
Lower
Performance vs NASDAQ
Lower
Technical
Buy
Social Media Sentiment
Higher

Boeing Stock Forecast: BA Technical Analysis

Support
Resistance
Recommendation
$ 190 (S3)
$ 195 (R1)
Buy
$ 186 (S3)
$ 196 (R1)
Buy

Boeing Stock Forecast: Latest Tweets and News

Latest News

Read: Bitcoin Price Prediction

Also Read: Netflix Stock Forecast

Boeing Stock forecast: Google Trends

Boeing Stock forecast: Social Media Sentiment ($BA)

Period
Positive Sentiment
Negative Sentiment
Net Sentiment
Last 7 days
16%
7%
+9%
Last 24 hours
5%
7%
-2%

Boeing Stock: The 737 Crash in China

A China Eastern Airlines Boeing 737 was involved in an accident in Wuzhou, Guangxi. Flight MU5735 was flying from Kunming, the capital of Yunnan province, to Guangzhou in Guangdong province. There were 123 passengers and nine crew members onboard the plane. According to FlightRadar24, the plane dropped at a final rate of 29,000 feet per minute, sparking a mountainside fire. The cause of the crash has yet to be determined. The black box, as well as survivors, are being sought by rescue personnel.

The confidence of investors in Boeing has been affected by the plane tragedy in China. The value of the stock has fallen. However, the rest of the aerospace supply chain is performing better, suggesting that the tragedy would not have the same impact on the sector as two fatal crashes of Boeing’s MAX aircraft a few years ago.

Boeing Stock Forecast: BA Price Targets for Next 12 months

BA has price targets with a high forecast of $307 and a low forecast of $168.10. At the current price of $191.23, the average price forecast reflects a 34 percent increase. Analysts recommend buying this stock and this rating has been unchanged since a month.

Target Price
$168.10 (Low)
$256.18 (Median)
$307 (High)

Boeing Stock Forecast: Fouth-Quarter Earnings Summary

The year 2021 had been a rebuilding year for Boeing. Boeing announced the fourth quarter and 2021 full-year earnings report on 22 Jan 2022. Global return to service of the 737 MAX continues, with progress in China. Boeing reported revenue of $14.8 billion and an operating cash flow is $0.7 million. The GAAP loss per share was ($7.02), and the core (non-GAAP)* loss per share was ($7.69).

In the year 2021, Boeing’s revenue for the full year is $62.3 billion, and operating cash flow is $3.4 million. The GAAP loss per share was $7.15, and the core (non-GAAP)* loss per share was $9.44. The net portfolio balance of Boeing Capital was $1.7 billion at the end of the third quarter. The timing of allocations was the main cause of the shift in revenue and earnings from other unallocated items and eliminations.

Boeing stock forecast

-Rakesh Atla

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Index or Individual Stocks. Please consult a registered investment advisor to guide you on your financial decisions. 

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