BA Price Prediction Next Week
Based on the provided data and technical analysis, here's the prediction for Boeing (BA) for the next trading week:
Technical Analysis:
- Current RSI (14) at 59.08 indicates neutral momentum, not yet overbought or oversold
- MACD at 2.29 shows positive momentum but needs monitoring
- Price is currently trading above both 20-day SMA ($173.58) and 200-day SMA ($168.57), suggesting an overall bullish trend
- Fibonacci levels indicate key resistance at $178.41 and support at $166.33
News Impact Analysis:
- Boeing faces significant headwinds after reporting preliminary Q4 results showing wider-than-expected losses of $5.46 per share versus analyst estimates of $2.80 loss
- The company continues to deal with aftermath of recent quality control issues and production challenges
- Despite challenges, analysts maintain relatively bullish stance with average price target of $192.50
Price Prediction for Next Week: Based on technical indicators and news sentiment:
- Support level: $166.33
- Resistance level: $178.41
- Target price range: $172-176
Trading Recommendation: HOLD
- Current price shows consolidation between support and resistance levels
- Negative earnings sentiment likely to cap upside potential
- However, strong analyst support and technical trend suggest limited downside risk
- Wait for earnings release on Tuesday before taking new positions
Target Prices:
- Bullish case (30% probability): Break above $178.41, targeting $182.14
- Base case (50% probability): Range-bound between $172-176
- Bearish case (20% probability): Break below $166.33, targeting $162.60
BA Similar Chart Price Prediction
The price of BA is predicted to go up -31.41%, based on the high correlation periods with OII. The similarity of these two price pattern on the periods is 95.26%.
BA
OII
Down: -31.41%Similarity: 95.26%
BA Revenue Forecast
BA EPS Forecast
BA FAQs
What is revenue forecast for next quarter？
What is eps forecast for next quarter？
BA VS S&P500
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.
BA Analyst's Forecast
Jason Gursky
Citigroup
Strong Buy
Price Target
$209 → $207
Upside
+17.98%
Citi lowered the firm's price target on Boeing to $207 from $209 and keeps a Buy rating on the shares. The company preannounced Q4 results, reporting that it expects to record $3.8B in incremental charges across its Commercial and Defense businesses driven by higher anticipated costs related to a recent labor agreement and higher anticipated supplier costs over the next decade, the analyst tells investors in a research note. The firm anticipates a similar profit impact on other programs to flow through the income statement via lower margins over time. Given all of this, Citi lowered estimates through 2027.
David Strauss
Barclays
Hold → Buy
Price Target
$190 → $210
Upside
+22.6%
Scott Deuschle
Deutsche Bank
Strong Buy
Price Target
$184 → $215
Upside
+24.76%