Melius lifts Boeing Co [BA] price estimate. Who else is bullish?

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Boeing Co [NYSE: BA] price plunged by -1.40 percent to reach at -$2.38.

The one-year BA stock forecast points to a potential upside of 14.88. The average equity rating for BA stock is currently 2.00, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Boeing Co [BA]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BA shares is $197.56 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BA stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Melius have made an estimate for Boeing Co shares, keeping their opinion on the stock as Buy, with their previous recommendation back on March 24, 2025. While these analysts kept the previous recommendation, Barclays raised their target price from $190 to $210. The new note on the price target was released on January 06, 2025, representing the official price target for Boeing Co stock.

The Average True Range (ATR) for Boeing Co is set at 6.22, with the Price to Sales ratio for BA stock in the period of the last 12 months amounting to 1.90.

BA Stock Performance Analysis:

Boeing Co [BA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -7.90. With this latest performance, BA shares dropped by -1.11% in over the last four-week period, additionally plugging by 7.58% over the last 6 months – not to mention a drop of -12.86% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BA stock in for the last two-week period is set at 46.37, with the RSI for the last a single of trading hit 43.46, and the three-weeks RSI is set at 47.49 for Boeing Co [BA]. The present Moving Average for the last 50 days of trading for this stock 173.62, while it was recorded at 173.94 for the last single week of trading, and 167.66 for the last 200 days.

Insight into Boeing Co Fundamentals:

Boeing Co’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.42 and a Current Ratio set at 1.32.

Boeing Co [BA] Institutonal Ownership Details

There are presently around $75.48%, or 75.54%% of BA stock, in the hands of institutional investors. The top three institutional holders of BA stocks are: VANGUARD GROUP INC with ownership of 50.93 million shares, which is approximately 8.3103%. BLACKROCK INC., holding 36.29 million shares of the stock with an approximate value of $$6.61 billion in BA stocks shares; and BLACKROCK INC., currently with $$5.76 billion in BA stock with ownership which is approximately 5.1339%.