BA Price Prediction Next Week
Analysis and Insights
Technical Analysis:
Boeing (BA) has shown mixed signals in recent trading sessions. The stock closed at $178.11 on March 21, with a volume of 26.8 million shares. The Relative Strength Index (RSI) for BA is at 60.65, indicating a neutral position without signs of overbuying or overselling. The MACD line is slightly below the signal line, suggesting mild bearish momentum.
Fibonacci Levels:
The Fibonacci levels for BA indicate key resistance and support levels:
- Fibonacci R1: 178.46
- Fibonacci R2: 187.43
- Fibonacci S1: 149.42
- Fibonacci S2: 140.45
- Fibonacci Pivot: 163.94
These levels suggest that BA may face resistance around the 178.46 and 187.43 levels, with support at 163.94.
News Sentiment and Recent Developments:
Recent news indicates positive developments for Boeing, including progress in 737 MAX production and a substantial inventory of fuselages, which could accelerate production ramp-up. However, challenges remain in the defense segment, particularly with the KC-46 tanker program and T-7A Red Hawk, which have caused significant losses and charges.
Price Prediction and Recommendation:
Based on the technical indicators and recent news, BA is expected to trade sideways with a slight upward bias. The stock may test the resistance level of $182 but is unlikely to break out significantly without a major catalyst. Given the mixed technical signals and ongoing challenges in the defense segment, the recommendation is to sell BA at the next resistance level.
Predicted price for the next trading week: $182.
BA Similar Chart Price Prediction
The price of BA is predicted to go up 1.61%, based on the high correlation periods with HQH. The similarity of these two price pattern on the periods is 96.54%.
BA
HQH
Up: 1.61%Similarity: 96.54%
BA Revenue Forecast
BA EPS Forecast
BA FAQs
What is BA revenue forecast for next quarter？
What is BA 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
Matthew Akers
Wells Fargo
Sell
2025-03-17
Price Target
$103 → $113
Downside
-30.48%
Wells Fargo analyst Matthew Akers raised the firm's price target on Boeing to $113 from $103 and keeps an Underweight rating on the shares. Since Boeing's $10B free cash flow guide at its 2022 investor day, defense has deteriorated, interest is higher, 777X worse, and union contracts add costs. The firm estimates implying $7B-$8B free cash flow on similar BCA production level in 2027, below consensus at $9B.
Jason Gursky
Citigroup
Strong Buy
2025-02-10
Price Target
$207 → $210
Upside
+16.1%
Jason Gursky
Citigroup
Strong Buy
2025-01-24
Price Target
$209 → $207
Upside
+17.98%
