Boeing Stock PRice at $214 NYSE:BA Targets $250 on 777X Momentum and Rising Deliveries
Boeing (NYSE:BA) Trades at $214 as Deliveries Rise and 777X Program Gains Traction
Boeing (NYSE:BA) closed at $214.66, down 0.51% on the day, holding within a one-month range of $213.75–$217.13. Shares remain up 38% year-over-year, outperforming the S&P 500’s 17.35% gain, though still trading below the 52-week high of $242.69. The stock carries a market capitalization of $162.3 billion and has rebounded sharply from its $128.88 low earlier in the year.
Financial Profile: Heavy Losses Despite 34.9% Revenue Growth
For the trailing twelve months, Boeing reported $75.3 billion in revenue, a 34.9% year-over-year increase, but profitability remains elusive. Net income came in at -10.9 billion, translating to a -14.18% profit margin, with…
