Technical Analysis: Based on the recent price action, Boeing (BA) stock has shown a downward trend, declining from $209.33 on February 12 to $184.55 on February 14, 2025 .
The stock is currently trading below its recent support levels, indicating bearish momentum. The sharp decline followed significant news about production issues and delivery delays.
News Impact Analysis:
Price Forecast for Next Week: Based on technical indicators and recent news sentiment:
Target Prices:
Trading Recommendation: SELL with the following rationale:
Price targets:
The stock is expected to face continued pressure due to ongoing investigations and quality control measures, suggesting further downside potential in the near term.
The price of BA is predicted to go up -11.37%, based on the high correlation periods with FOX. The similarity of these two price pattern on the periods is 96%.
BA
FOX
Boeing has a large backlog that covers several years of production for the most popular aircraft, which gives us confidence in aggregate demand for aerospace products.
Boeing is well positioned to benefit from emerging-market growth in revenue passenger kilometers and a robust developed-market replacement cycle over the next two decades.
We expect commercial airframe manufacturing to remain a duopoly for most of the world for the foreseeable future. We think customers will not have any meaningful options other than continuing to rely on incumbent aircraft suppliers.
Citigroup
2025-01-24
Price Target
$209 → $207
Upside
+17.98%
Barclays
2025-01-06
Price Target
$190 → $210
Upside
+22.6%
Deutsche Bank
2025-01-02
Price Target
$184 → $215
Upside
+24.76%