Today, we explore Boeing share price predictions for 2024, 2025, 2030 and so on. To know how the stock will perform in the upcoming years, read the complete technical and fundamental analysis report.
What is Boeing?
The Boeing Company, a leading American multinational in the aerospace industry, designs, manufactures, and sells a wide range of vehicles and equipment. From commercial airplanes and rotorcraft to rockets, satellites, and missiles, Boeing’s reach extends across the air and into space.
Founded in 1916 by William Boeing in Seattle, Washington, the company has grown through mergers, most notably with McDonnell Douglas in 1997.
Today, Boeing boasts the title of world’s fourth-largest defense contractor and the largest U.S. exporter by dollar value. Their stock is a prominent component of the Dow Jones Industrial Average.
Headquartered in Arlington, Virginia as of 2023, Boeing operates through four main divisions: Boeing Commercial Airplanes, Boeing Defense, Space & Security, Boeing Global Services, and Boeing Capital. Consistently ranking high on Fortune 500 and Fortune Global 500 lists, Boeing remains a major player in the global aerospace market.
Company Profile
| Formerly | Pacific Aero Products Co. (1916–1917) |
| Current Name | Boeing Airplane Company (1917–1961) |
| Company Type | Public |
| Ticker Symbol | NYSE: BA |
| Industry | Aerospace |
| Founded | July 15, 1916 |
| Headquarters | Arlington, Virginia, U.S. |
| Key People | President and CEO: Dave Calhoun Chairman: Larry Kellner |
| Production Output (2022) | Commercial Aircraft: 480 Military Aircraft: 160 Satellites: 5 |
| Financials (2023) | Revenue: US$77.79 billion Operating Income: US$-773 million Net Income: US$-2.24 billion Total Assets: US$137.01 billion Total Equity: US$-17.23 billion Number of Employees: 171,000 |
| Divisions | Boeing Commercial Airplanes, Boeing Defense, Space & Security, Boeing Global Services, Boeing Capital |
| Subsidiaries | Aurora Flight Sciences, Boeing Australia, Boeing Canada, Boeing UK, Insitu, Jeppesen, Spectrolab, Wisk Aero |
| Website | boeing.com |
Boeing Fundamental Analysis
| Market Cap | $111.25B |
| P/B Ratio | -6.5 |
| P/E Ratio | -50.1 |
| Enterprise Value | $150.87B |
| Div. Yield | 0.00% |
| Book Value | -27.55 |
| ROE | NA |
| EPS(TTM) | -2.70 |
Boeing Annual Income Statement Analysis
| Year | Revenue (USD) | Gross Profit (USD) | Net Income (USD) | EBIT (USD) | EBITDA (USD) |
|---|---|---|---|---|---|
| 2023 | 77.794B | 7.724B | -2.222B | -821M | 1.04B |
| 2022 | 66.608B | 3.502B | -4.935B | -3.537B | -1.558B |
| 2021 | 62.286B | 3.017B | -4.202B | -3.389B | -1.245B |
- Revenue: In 2023, Boeing generated $77.794 billion in revenue, which is a 16.79% increase compared to $66.608 billion in 2022.
- Net Income: Boeing reported a net loss of $2.222 billion in 2023, compared to a net income of $10.453 billion in 2022.
- Gross Profit: The company’s gross profit in 2023 was $7.724 billion, down from $3.502 billion in 2022.
- Total Operating Expenses: Operating expenses increased slightly in 2023 to $8.545 billion from $7.039 billion in 2022.
Boeing Annual Cash Flow Analysis
| Year | Change in Cash (USD) | Cash from Operations (USD) | Cash from Financing (USD) | Cash from Investing (USD) | Other Cashflows (USD) |
|---|---|---|---|---|---|
| 2023 | -1.934B | 5.96B | -5.487B | -2.437B | 2.252B |
| 2022 | 6.543B | 3.512B | -1.266B | 4.37B | 2.447B |
| 2021 | 269M | -3.416B | -5.6B | 9.324B | 5.707B |
- Cash Flow from Operations: In 2023, Boeing generated $5.96 billion in cash flow from operations, which is an improvement from a negative $3.416 billion in 2021. This indicates the company’s core business activities are becoming more cash flow positive.
- Free Cash Flow: Free cash flow, calculated as Cash flow from operations minus Capital Expenditures, was negative in 2023 at -$934 million. This means Boeing spent more cash on investments than it generated from operations.
- Financing Activities: In 2023, Boeing had negative cash flow from financing activities of -$5.487 billion. This suggests the company issued more debt than it paid back.
Boeing Balance Sheet Analysis
| Metric | 12/31/2023 | 12/31/2022 | 12/31/2021 |
|---|---|---|---|
| Total Current Assets (B) | 109.275 | 109.523 | 108.666 |
| Total Assets (B) | 137.012 | 137.1 | 138.552 |
| Total Current Liabilities (B) | 95.827 | 90.052 | 81.992 |
| Total Liabilities (B) | 154.245 | 152.983 | 153.551 |
| Shareholders Equity (B) | -17.233 | -15.883 | -14.999 |
| Common Stock Net (B) | 5.061 | 5.061 | 5.061 |
| Retained Earnings (B) | 27.251 | 29.473 | 34.408 |
| Treasury Stock (B) | -49.549 | -50.814 | -51.861 |
| Unrealized Gain on Securities | 2 | – | 1 |
| Other Equity (B) | -10.307 | -9.55 | -11.66 |
- Total Assets: There has been a slight increase in total assets year-over-year, going from $137.01 billion in 2023 to $137.1 billion in 2022. However, there’s a more significant increase compared to 2020 ($152.14 billion).
- Current Assets: There’s a slight fluctuation in current assets over the years, with 2023 having $109.28 billion. Cash and Short-Term Investments make up a significant portion of current assets, reaching $15.97 billion in 2023.
- Total Liabilities: There’s an increase in total liabilities year-over-year, reaching $154.25 billion in 2023. This is higher than total assets, indicating Boeing has more debt than assets.
- Shareholders’ Equity: Shareholders’ equity is negative for most years shown, reaching -$17.23 billion in 2023. This means the company’s liabilities are higher than its assets and shareholder capital.
| Year | BA Share Price Prediction 2024 |
|---|---|
| 2024 | $200-$300 |
Average Price Target: According to the Experts, the average price target for Boeing’s stock in 2024 is around $262.26, which represents a potential increase of 32.35% from the current price.
Range of Predictions: Analyst predictions range from a low of $200 to a high of $300 for 2024.
Also Read: Amazon stock forecast 2024, 2025, 2030, 2040, 2050
| Year | BA Share Price Prediction 2025 |
|---|---|
| 2025 | $300-$550 |
Average Increase: Based on Experts Report, the average price target for Boeing’s stock in 2025 could be around $500.46
Range of Predictions: Analyst predictions for 2025 might range from a low of $300.00 to a high of $550.38
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| Year | BA Share Price Prediction 2030 |
|---|---|
| 2030 | $1000-$1450 |
Predicting Boeing’s (BA) share price reaching $1000 to $1450 by 2030 is possible, but it’s on the aggressive side of analyst forecasts and requires several factors to align in Boeing’s favor.
Also Read: Palo Alto Share Price Prediction 2024, 2025 to 2030
FAQs
Disclaimer: The share price targets provided in this article are for informational purposes only and should not be construed as investment advice. Investors are advised to conduct their own research and consult with financial experts before making any investment decisions.…read more
