Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Boeing Co before investing.

In this article, we go over a few key elements for understanding Boeing Co’s stock price such as:

• Boeing Co’s current stock price and volume
• Why Boeing Co’s stock price changed recently
• Upgrades and downgrades for BA from analysts
• BA’s stock price momentum as measured by its relative strength

About Boeing Co (BA)

Before we jump into Boeing Co’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

The Boeing Company is an aerospace company. The Company operates in three segments: Commercial Airplanes (BCA), Defense, Space & Security (BDS), Global Services (BGS). Its BCA segment develops, produces and markets commercial jet aircraft to the commercial airline industry worldwide. Its family of commercial jet aircraft in production includes the 737 narrow-body model and the 767, 777 and 787 wide-body models. Its BDS segment is engaged in the research, development, production and modification of manned and unmanned military aircraft and weapons systems strike, surveillance and mobility. Its BGS segment provides services to its commercial and defense customers worldwide. It sustains aerospace platforms and systems with a range of products and services, including supply chain and logistics management, engineering, maintenance and modifications, upgrades and conversions, spare parts, pilot and maintenance training systems and services, technical and maintenance documents, and others.

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Boeing Co’s Stock Price as of Market Close

As of August 15, 2024, 4:00 PM, CST, Boeing Co’s stock price was $176.41.

Boeing Co is up 4.69% from its previous closing price of $168.50.

During the last market session, Boeing Co’s stock traded between $167.33 and $169.75. Currently, there are 616.60 million shares of Boeing Co stock available for purchase.

Unfortunately, Boeing Co’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

Boeing Co Stock Price History

Boeing Co’s (BA) price is currently down 7.44% so far this month.

During the month of August, Boeing Co’s stock price has reached a high of $191.17 and a low of $162.50.

Over the last year, Boeing Co has hit prices as high as $267.54 and as low as $159.70. Year to date, Boeing Co’s stock is down 7.39%.

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What Caused Boeing Co Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of August 14, 2024, there were 17 analysts who downgraded Boeing Co’s stock and 2 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Boeing Co’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Boeing Co’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Boeing Co’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Boeing Co (BA) by visiting AAII Stock Evaluator.

Relative Price Strength of Boeing Co

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of August 14, 2024, Boeing Co has a weighted four-quarter relative price strength of -11.25%, which translates to a Momentum Score of 31 and is considered to be Weak.

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Boeing Co Stock Price: Bottom Line

As of August 15, 2024, Boeing Co’s stock price is $176.41, which is up 4.69% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Boeing Co stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.