Million

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>Boeing stock price showed bullish sentiments after reporting its recent earnings.</a> </li> 
 <li> <span>2</span> <a>BA stock price marked its 52-week high with the support of active bulls in the market.</a> </li> 
 <li> <span>3</span> <a>BA share price rose more than 11% in one week and showed similar growth in one month.</a> </li> 
</ul> 
<p>Boeing Co. (NYSE: BA) stock price reached new heights in a year by marking a 52-week high at $243.10 on August 1, 2023, Tuesday. The company also reported its recent quarter earnings on July 26, 2023, Wednesday, after which its price started following a bullish trend. With over $24 Million of volume on earnings day, BA stock price surpassed the $232.00 mark with bulls’ support.</p> 
<h2 class="wp-block-heading" id="strong-ba-stock-price-performance-strong"><strong>BA Stock Price Performance</strong></h2> 
<p>As per the recent price analysis, BA stock price marked its closing at $238.01 while adding $74.73 by showing over 45% the upsurge. The bulls have shown their market dominance on August 1, 2023, Tuesday’s trading session. The bullishness took its price upwards that finally marked its 52-week high.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter"> 
  <img decoding="async" src="https://lh3.googleusercontent.com/6Kaj7F5CQLgnYRohXr_9v8hYBtebnJyKWtS9sGHtm1ILvemZ7Hojv5nhtiFgpLXH43W6y0KfY4frPXK6etsD7dmdibOStkOEQP9M_GrHm52zuBaRPj0AcvGxYNmPQ7t38v9gQf79xxLP5Icv2wOp8f4" alt="Boeing Stock Price Analysis: Will BA Stock Surpass $238 Mark?"> 
  <figcaption class="wp-element-caption"> <strong>Source: BA/USD by </strong><a href="https://www.tradingview.com/x/0l7iCMB3/" rel="noopener noreferrer nofollow"><strong>TradingView</strong></a> 
  </figcaption> 
 </figure> 
</div> 
<p>The RSI of BA stock is already resting in the overbought zone which is now dropping down due to a decline in the pre-market session. <a href="https://www.thecoinrepublic.com/2023/07/07/will-boeing-nyse-ba-stock-price-take-another-upside-ride/" rel="noopener noreferrer nofollow">BA stock</a> price is showing over 1.50% of price drop as its pre-market price is resting at $235.40, at press time.</p> 
<p>However, during the trading session, the active bears will try to show their dominance which can make the stock price surpass the $238.00 mark.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter is-resized"> 
  <img decoding="async" loading="lazy" src="https://lh3.googleusercontent.com/1ESuezktCAZpoSAT3hpJOGAi40pasBuf6rebepoKsA39gvWobpRKIT68SeOZI-Lj1bKgidWX9xtezIcHLbfM9PNRmok_yLksUgpXTzPbr_vBrmtoNpln5nghEiTfmVbGEKK1Q3_L49tbKs6tzQFCmJE" alt="Boeing Stock Price Analysis: Will BA Stock Surpass $238 Mark?" width="1168" height="485"> 
  <figcaption class="wp-element-caption"> <strong>Source: Price Target of Boeing Stock by TradingView</strong> 
  </figcaption> 
 </figure> 
</div> 
<p>The one-year price target set by the analyst is $256.68, which is up by over 7% from the recent closing price of the stock. The maximum price target set by the analysts is $310.00 while the minimum estimate is $210.00. In the past three months, analysts have given a “buy” rating to Boeing Company.</p> 
<h3 class="wp-block-heading" id="strong-how-are-the-aerospace-defense-industry-stocks-doing-strong"><strong>How are The Aerospace &amp; Defense Industry Stocks Doing?</strong></h3> 
<p>There are 63 stocks listed under the industry of aerospace &amp; defense in the U.S. Out of which, Boeing Company (NYSE: BA), the aircraft industry company, has the largest market cap of nearly $143.56 Billion.</p> 
<p>Honeywell International Inc. (NASDAQ: HON), Rtx Corp. (NYSE: RTX), and Lockheed Martin Corp. (NYSE: LMT) are following Boeing Co. in terms of market cap analysis.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter is-resized"> 
  <img decoding="async" loading="lazy" src="https://lh5.googleusercontent.com/4LqmxEORVSKwO14UYNkOpFcnfiFi62bHc13wylk61FS8j3PcBkC4LiTruIQTVr4ZNgv_bwq5c-bQnFvIVYyVlsv2Q2-s2jLoQD0uTP_89wF721OevkwAFBw7UHIwTm8U8Y_xumVvGH8kB2vcOg0Jaks" alt="Boeing Stock Price Analysis: Will BA Stock Surpass $238 Mark?" width="1168" height="291"> 
  <figcaption class="wp-element-caption"> <strong>Source: TradingView</strong> 
  </figcaption> 
 </figure> 
</div> 
<p>The above chart is showing the list of aerospace and defense companies with maximum valuation whereas Boeing is leading the industry by showing the maximum market cap.</p> 
<p>Additionally, in a day, Ageagle Aerial Systems Inc. (NYSEAMERICAN: UAVS) and Leidos Holdings Inc. (NYSE: LDOS) stocks have shown over 9% and 6% of growth respectively. The price gain of these two <a href="https://www.thecoinrepublic.com/2023/08/01/mrvl-stock-price-indicated-over-7-million-volume-in-one-day/" rel="noopener noreferrer nofollow">stocks </a>is the maximum in similar industry stocks.</p> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational ideas only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.</p>

Boeing Stock Price Analysis: Will BA Stock Surpass $238 Mark?

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