Key Insights:
- Boeing's stock faces potential upside despite recent challenges.
- Analysts predict a first-quarter loss, but revenue may increase.
- Consensus indicates an "Outperform" rating for Boeing.
Boeing Co. (NYSE: BA) is on the cusp of releasing its first-quarter earnings. Despite analysts predicting a loss of $1.30 per share, there is an anticipated revenue increase to $19.79 billion. Over the past year, the stock has seen a decline of more than 6%, a downturn largely attributed to continuous regulatory hurdles and trade tensions. These challenges have resulted in varied analyst opinions, leaving investors with mixed signals.
Wall Street Analysts Forecast
According to the evaluations from 24 financial analysts, Boeing's stock is projected to reach an average price target of $194.88 within the next year. Price predictions range from a high of $233.00 to a low of $111.00. This average target price suggests a potential upside of 21.24% from its recent price of $160.74. For a comprehensive breakdown of these estimates, visit the Boeing Co (BA, Financial) Forecast page.
In terms of brokerage recommendations, Boeing maintains an "Outperform" rating with an average recommendation score of 2.2, based on inputs from 29 brokerage firms. This score falls on a scale where 1 represents a "Strong Buy," and 5 indicates a "Sell."
GuruFocus Valuation
Turning to GuruFocus's proprietary metrics, the anticipated GF Value for Boeing Co (BA, Financial) in one year's time is $188.90. This valuation implies a potential upside of 17.52% from its current trading price of $160.74. The GF Value is calculated using historical trading multiples of the stock, considering past growth and future business performance projections. For more in-depth data on these calculations, refer to the Boeing Co (BA) Summary page.
Stay updated on Boeing's performance and navigate your investment decisions with these expert insights and forecasts.