
To get the latest Boeing stock quote and market insights, you can check the NASDAQ website, which lists Boeing's stock under the ticker symbol BA.
Boeing's stock price can fluctuate significantly due to various market and economic factors, such as changes in global demand for aircraft.
The current stock price is not always an indicator of the company's future performance, and investors should consider a range of factors when making investment decisions.
Boeing's stock price can be affected by news and events related to the company's operations, such as the production of new aircraft models or changes in government regulations.
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Financial Performance
Boeing's revenue took a hit in 2024, dropping to $66.52 billion, a -14.50% decrease from the previous year.
The company's losses were substantial, reaching -$11.82 billion, a staggering 431.8% increase from the previous year's losses.
Boeing's stock price responded surprisingly well to the news, surging toward a six-month high.
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Reports $11.8 Billion Loss
Boeing's financial performance in 2024 was quite a challenge. The company reported a massive revenue decrease of 14.50% compared to the previous year, with revenue standing at $66.52 billion.
This significant drop in revenue was accompanied by a substantial loss of $11.82 billion, a whopping 431.8% increase from the previous year's loss. The company's financial struggles were further highlighted by a fourth quarter loss of roughly $4 billion.
Boeing's stock surprisingly surged towards a six-month high after the company announced its largest loss since 2020. This unexpected reaction from investors suggests that they were anticipating an even worse outcome.
Here's a summary of Boeing's revenue growth projections:
The company's financial struggles are not limited to its revenue and losses. Boeing has also been grappling with problems at its commercial and defense units, as well as the fallout from a crippling strike by U.S. workers.
Price History & Performance
The price history of Boeing stock is quite interesting. The current share price is $175.16, which is a significant drop from the 52-week high of $214.63.
The 52-week low was $137.03, showing just how volatile the stock market can be. Boeing's beta is 1.53, indicating that the stock is relatively riskier than the overall market.
Over the past month, the stock has seen a -3.08% change, while the 3-month change is a more positive 14.50%. However, the 1-year change is a -14.64%, showing that the stock hasn't been doing well in the long term.
Here's a breakdown of Boeing's price history over the past few years:
These numbers give you an idea of how Boeing's stock has performed over time.
Analyst Insights
Analysts are overwhelmingly bullish on Boeing stock, with an average rating of "Buy" from 21 analysts, predicting a 5.99% increase in the stock price to $197.79 in the next 12 months.
The analysts' consensus is clear: Boeing stock is a buy. The average target price of $197.79 represents a 5.99% increase from the current stock price of $186.61.
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Here's a breakdown of the analysts' ratings:
Note that while some analysts are more optimistic than others, the majority of them are confident in Boeing's long-term prospects, with Citi's Jason Gursky saying he has "lots of confidence" in CEO Kelly Ortberg.
The analysts' price targets vary widely, ranging from $85 to $260, but the average target price of $197.79 suggests that most analysts expect the stock to perform well in the next 12 months.
Stock Overview
Boeing is a multinational conglomerate that produces commercial jetliners, military aircraft, satellites, and more. They operate globally and offer a wide range of services.
The company's fundamental analysis is mixed, with a Snowflake Score of 3/6. This suggests that there are some concerns with the company's valuation, but there is also potential for future growth.
Earnings are forecast to grow 65.8% per year, which is a significant increase. This growth could be driven by various factors, including the company's diversification into new markets and its focus on innovation.
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Here is a summary of the company's stock price forecast:
The 19 analysts with 12-month price forecasts for Boeing stock have an average target of $197.79, which predicts an increase of 5.99% from the current stock price of $186.61. This suggests that analysts are generally optimistic about the company's future prospects.
The company's stock price has been volatile over the past year, with a 52-week high of $214.63 and a 52-week low of $137.03. The current stock price is $175.16, which is a decrease of 14.64% from the same time last year.
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Frequently Asked Questions
Is Boeing a good stock to buy today?
Boeing has a Moderate Buy rating with an average price target of $193.16, indicating potential growth, but it's essential to consider your investment goals and risk tolerance before making a decision.
What is the price target for BA in 2025?
The estimated price target for BA in 2025 ranges from $85 to $220 USD, with a median estimate of $184.08 USD. Analysts' predictions suggest a possible price fluctuation for BA stock in the coming year.
What is the highest Boeing stock ever been?
The highest Boeing stock price ever recorded was $430.35 on March 1, 2019. This represents a remarkable increase from its IPO price in 1962.
What is the fair value of Boeing?
The fair value of Boeing Co is -53.37 USD as of December 30, 2024, indicating a significant undervaluation in the market. This suggests a potential upside of -129.5% if the market price catches up to fair value.
Is Boeing on Nasdaq or Nyse?
Boeing is listed on the New York Stock Exchange (NYSE) under the ticker symbol BA. You can find the latest information on Boeing's stock, but please note that quotes may be delayed by at least 20 minutes.
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