{
}
Boeing's stock has plummeted 35% this year, marking its worst decline since 2008, as crises in 2024 eroded investor confidence. Following a series of setbacks, including a mid-air incident and management changes, analysts now predict a significant loss of $15.89 per share, with dim recovery expectations for the coming years. Concerns about potential trade friction under President-elect Trump further complicate the outlook for the company.
Boeing shares have rebounded after a nearly 50% decline this year, breaking through a key resistance level at $160, signaling a potential bullish turnaround. Analysts suggest the stock could rise to $195, with a favorable risk/reward ratio for buyers. The recent coordinated rise in Boeing and Airbus shares indicates a positive shift in the aeronautics industry.
Japan's wholesale prices have risen for three consecutive months, driven by increased costs for food, non-ferrous metals, and plastics, prompting speculation of a potential interest rate hike by the Bank of Japan in December. Meanwhile, the dollar has seen mixed performance against Asian currencies, losing ground to the yen but gaining slightly against the yuan and Swiss franc. The euro remains stable against the dollar while appreciating slightly against the franc.
UBS has maintained a "Buy" rating for Boeing, setting a price target of $195. Analyst Gavin Parsons noted that the recent delivery figures suggest the company has reached a low point with the 737 Max, although production will gradually ramp up following the strike.
Boeing Company, the leading global aircraft manufacturer, generates 43.5% of its sales from commercial aviation and 32% from defense, space, and security sectors. The remaining 24.5% comes from various services, including logistics and aircraft financing. Geographically, 58.4% of sales are in the United States, followed by Europe (13.5%) and Asia (12.9%).
Boeing Company, a leader in aeronautical construction, generates net sales primarily from commercial aviation (43.5%) and defense, space, and security (32%). The company also provides services, including logistics and maintenance, contributing to 24.5% of sales. Geographically, 58.4% of sales come from the United States, followed by Europe (13.5%) and Asia (12.9%).
Boeing Company, a leader in aeronautical construction, generates net sales primarily from commercial aviation (43.5%) and defense, space, and security (32%). The company also provides services, including logistics and maintenance, accounting for 24.5% of sales. Geographically, 58.4% of sales come from the United States, followed by Europe (13.5%) and Asia (12.9%).
UBS has maintained a 'Buy' rating for Boeing, setting a target price of $195. Analyst Gavin Parsons noted that the company has likely reached the low point for the 737 Max, despite a gradual production ramp-up following a strike. Boeing's net sales are primarily derived from commercial aviation, defense, and various services.
US stocks opened mixed, with the Nasdaq gaining 0.42% driven by a 4.7% rise in Google after its new quantum computing chip announcement. The Dow fell 0.33%, while Oracle's shares dropped 8.4% due to disappointing quarterly profits. Alaska Air Group surged 14% on a positive earnings outlook, and Boeing rose 2.8% after resuming 737 MAX production.
Hedera's native cryptocurrency, HBAR, has surged 430% recently, reaching $0.392 and a market cap of nearly $13 billion, attracting significant investor interest. Analysts suggest that while a $100 price point seems ambitious, it could be feasible with substantial market cap growth and real-world adoption, particularly in decentralized finance and tokenized assets. The backing of major corporations enhances HBAR's credibility, positioning it as a strong contender in the blockchain space, provided it continues to attract developers and ensure scalability.
Boeing Co
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Boeing faces turbulent times as stock plummets amid crises and uncertainty
14:00 15.12.2024
Boeing Shares Show Signs of Recovery After Significant Yearly Decline
12:45 11.12.2024
global markets react to inflation pressures and currency fluctuations
Japanese Yen
United States Dollar
Euro
Swiss Franc
Chinese Yuan
Boeing Co
GENERAL MOTORS
Oracle Corp
JPN
Takeshi Minami
Show more
06:10 11.12.2024
UBS maintains buy rating for Boeing with target price of 195 dollars
21:28 10.12.2024
Boeing's Global Sales Breakdown Highlights Dominance in Aviation and Defense Markets
21:15 10.12.2024
Boeing maintains leadership in global aeronautical construction and services market
21:15 10.12.2024
Boeing maintains leadership in aviation with strong sales across sectors
21:15 10.12.2024
UBS maintains buy rating for Boeing with target price of 195 dollars
21:15 10.12.2024
us stocks mixed as google rises and oracle falls
United States Dollar
Pinterest, Inc.
Alaska Air Group, Inc.
Boeing Co
Google Inc.
Oracle Corp
USA
Sundar Pichai
Show more
15:48 10.12.2024
analysts predict hbar could reach 100 dollars with market growth
13:30 10.12.2024
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Global Trade Developments
Global Financial Events
Finance Mergers & Acquisitions
Banking Regulations
Retail and Consumer Goods
Startups & Entrepreneurship
Central Bank Actions
Industry Mergers & Acquisitions
Inflation and Monetary Impact
Government Economic Policies
Market Analysis and Predictions
CEO Changes
Domestic Politics
Government Policies
Workplace Trends
GDP Growth & Recession Forecasts
Financial Scams and Security
Countries:
Companies:
JPMorgan Chase & Co.
Tesla, Inc.
Apple Inc.
Barclays PLC
Deutsche Bank Money Market PP
The Goldman Sachs Group, Inc.
Banco Santander, S.A.
Credit Suisse Strategic Income I
Berkshire Hathaway Inc.
Lloyds Banking Group plc
SpaceXCoin USD
Morgan Stanley
Amazon.com, Inc.
UBS Group AG
Bank of America Corporation
Wells Fargo & Company
BNP Paribas SA
NVIDIA Corporation
Bank Frick AG
UniCredit S.p.A.
Currencies:
United States Dollar
Euro
British Pound Sterling
Japanese Yen
Swiss Franc
Indian Rupee
Chinese Yuan
South Korean Won
Canadian Dollar
Vietnamese Đồng
Australian Dollar
Thai Baht
Singapore Dollar
Indonesian Rupiah
New Taiwan Dollar
Mexican Peso
Russian Ruble
Hong Kong Dollar
Offshore Chinese Yuan
New Zealand Dollar
People:
Donald Trump
Elon Musk
Warren Buffett
JD Vance
Sergio Ermotti
Mark Haefele
Robin Leopold
Troy L Rohrbaugh
Jennifer Piepszak
Olivier Calvet
Karoline Leavitt
Ursula von der Leyen
Scott Bessent
Stacey Friedman
George Saravelos
Susan P. Crawford
Francois Xavier Bouvignies
Joseph Spak
Stefan Rauti
Jeff Bezos