About BoeingCopy link to section
What is Boeing?Copy link to section
Boeing is an aerospace and defence company best known for manufacturing commercial jetliners. Headquartered in Chicago, Boeing also develops military aircraft, satellites, missile defence systems, human space flight and launch systems.
The company was founded in 1916 by William Edward Boeing, who, together with Conrad Westervelt designed and built a single-engine, two-seater plane. These days the business has a diverse range of aircraft, including the world’s best-selling commercial plane, the Boeing 737. Boeing counts some of the world’s leading airlines as its customers, although its military and defence contracts with the U.S. government provide much of it’s revenue.
How does Boeing make money?Copy link to section
Selling commercial jetliners, providing military and defence aircraft and services to governments, and financing its customers. Boeing’s business is split into four segments: Commercial Aeroplanes, Defense Space and Security, Global Services, and Boeing Capital. Its financing segment is by far its smallest and generates just a few million dollars in revenue annually. Its other three segments are split evenly, each earning billions of dollars for the business.
What is Boeing’s best selling product?Copy link to section
The 737 Max is Boeing best selling plane. The commercial jet was first produced in 1996 and the company has sold nearly 11,000 to many of the world’s airlines. However, in 2018 and 2019, two fatal crashes damaged the reputation of the 737 and a decline in orders followed. With a price between $99 million and $100 million, the 737 is not only Boeings best selling jet, it’s also one of the company’s biggest earners.
Who are the key executives at Boeing?Copy link to section
Recent crashes and the coronavirus pandemic made the company struggle financially for the first time in many years. A change of leadership was made to help the business back to profitability and its CEO has only been in place for a couple of years. Here’s a list of some of Boeing’s top executives.
- Lawrence W. Kellner. Chairman
- David L. Calhoun. Chief Executive Officer
- Brian West. Chief Financial Officer
- Bertrand Marc Allen. Chief Strategy Officer
- Susan Doniz. Chief Information Officer
Where can I buy shares in Boeing?Copy link to section
You can buy Boeing stock on a stock trading platform. These platforms are extremely simple to use but there are different options to suit your specific needs. If you are a first-time investor, you might want to use a trading platform for beginners, while if you plan on doing a lot of trading from your phone, a stock trading app might be best.
Are there any other ways to invest in Boeing?Copy link to section
The simplest way to invest in Boeing is to buy shares through a stock broker. However, you can also invest through an ETF or a fund. The best ETFs allow you to invest in the stock market more generally rather than focus on one company.
More about the BA priceCopy link to section
What is the Boeing stock price today?Copy link to section
Today’s BA stock price is $130.45, as of October 2022. The price of Boeing is down 42% since the start of 2022. You can use the live Boeing stock chart to track the NYSE: BA price in real-time above, or compare the Boeing value today to its past performance using the Boeing financials tab at the top of this page.
What is the 52-week low for Boeing stock?Copy link to section
The 52-week low for Boeing stock is $113.02. BA stock is currently 16 % above the 52-week low.
What is the 52-week high for Boeing stock?Copy link to section
The 52-week high for Boeing stock is $233.94. BA stock is currently 43.60 %below the 52-week high.
What is the stock forecast for Boeing?Copy link to section
The average Boeing stock forecast has a price target of $200 by the end of 2022. Boeing’s latest financial results, the broader economic outlook, and the amount of competition in the industry all influence these forecasts.
It’s best to take analyst forecasts with a grain of salt but you can use their estimates to help you understand the weight of opinion about a stock.
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FAQsCopy link to section
Boeing’s market capitalisation is $78.12 billion. This is calculated by multiplying the number of shares that have been issued by the current BA share price. Another way of measuring this is enterprise value, which includes Boeing’s debt obligations. Boeing’s enterprise value is $122.82 billion.
Boeing started trading on the New York Stock Exchange in January 1962. Its shares were priced at $0.82 on its first day of trading.
Yes, Boeing has split it’s stock a total of 15 times. Seven of those splits were before the company went public and eight were after. Its most recent was in 1997, a 3-for-1 split, which means shareholders received 3 shares for every one they held.
Until recently, BA was a dividend-paying company, however, in March 2020, it suspended all dividends until further notice.
The Newport Trust Co. is Boeing’s biggest shareholder, with 44,678,806 shares held. This amounts to just over 7% of the company. Other notable shareholders include The Vanguard group, which owns a similar portion of the business.
Its main competitor is Airbus, another aerospace company. Boeing also operates in different industries, including defence, so it has many competitors. Below is a selection of some of its biggest rivals.
- Airbus. Airbus is Boeings biggest competitor in the aerospace industry.
- Lockheed Martin. Lockheed Martin is an American multinational defence and aerospace company.
- Northrop Grumman. Northrop Grumman is one of the fastest-growing defence stocks
The Federal Aviation Administration and other worldwide aviation authorities grounded the Boeing 737 MAX in March 2019 following two crashes that killed 346 people in the space of five months. Boeing’s share price suffered following the decision and was further hampered by the coronavirus pandemic. In February 2019, its shares were trading at $446, its highest price ever. One year later, its price had nosedived, hitting a low of $89. In the time since, its stock has recovered, although it has a long way to go to reach its previous all-time high.
Latest Boeing price analysisCopy link to section
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