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Boeing (BA) Stock Analysis

Industrials Updated August 23, 2026
$214.20
52W $176.77 – $254.35
48/100
$169.30B
80.2
1.22
AI Committee Verdict
Watch
48/100
Conviction: Contested · 50% agreement · 6 analysts
+2.0%
-2.9%
0.69:1
Contested

Is BA Bullish or Bearish?

Mixed. Innellis AI committee rates Boeing (BA) Watch with a composite score of 48/100 , based on 6 analysts with 50% agreement. Last updated August 23, 2026.

What Would Change This View

Upgrade to Buy
Requires a committee score of 60.0 — +12.06 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Reduce
Requires the score to fall below 40.0 — -7.94 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The committee is genuinely divided. Macro Analyst sees a compelling case. Risk Analyst remains cautious — high leverage (debt-to-equity 9.92) amplifies downside in a stress scenario. This disagreement is itself the signal — the setup is not clean in either direction.

Bull & Bear Case

Bull Case
  • ROE of 132.9% shows genuine earnings power backing the valuation — Value
Bear Case
  • P/E of 75.3 is expensive by classic value standards — Value
  • Price-to-book of 31.2x prices in significant intangible value — Value
  • Debt-to-equity of 9.92 adds balance-sheet risk to the value case — Value
  • Growth rate is decelerating quarter over quarter -- the trend line matters more than the level — Growth
  • RSI at 27 is in oversold territory (could mean either capitulation or a bounce setup) — Technical
  • MACD histogram negative -- bearish momentum — Technical
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of August 23, 2026
Overall Committee Score
48/100
Agreement
50%
Analysts
6
Conviction
Contested
Sector Rank
Top 96%
of 226 Industrials peers
Value Analyst bearish
40 / 100 · High confidence
Multiples don't clear a genuine value bar here, or cheapness looks justified by weak fundamentals
+ ROE of 132.9% shows genuine earnings power backing the valuation
− P/E of 75.3 is expensive by classic value standards
Growth Analyst neutral
50 / 100 · Moderate confidence
Moderate growth -- present but not remarkable
− Growth rate is decelerating quarter over quarter -- the trend line matters more than the level
Technical Analyst bearish
38 / 100 · High confidence
Price action is deteriorating -- trend and/or momentum are working against this name
− RSI at 27 is in oversold territory (could mean either capitulation or a bounce setup)
Risk Analyst bearish
32 / 100 · Moderate confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− High leverage (debt-to-equity 9.92) amplifies downside in a stress scenario
Macro Analyst bullish
65 / 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
News Analyst bullish
62 / 100 · Low confidence
News flow and recent filings/analyst actions are net positive
Portfolio Manager neutral
45 / 100 · High confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− Sector concentration is already high (HHI 3069.37)
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Investment Thesis Evolution

Committee score moved marginally from 47.9 to 47.9.

Comparing 2026-08-22 to 2026-08-23 (1 day apart).

Technical Analysis

RSI (14)
27.5
Oversold
MACD Histogram
-2.048
Bearish Momentum
Trend Direction
Sideways
Weekly: Uptrend
Market Structure
Mixed
Support
$207.96
Resistance
$218.52
Bollinger %B
0.16
Inside Bands
Price vs Moving Averages
EMA 9
$222.65 Below
EMA 21
$223.91 Below
EMA 50
$222.72 Below
EMA 200
$219.06 Below

Fundamental Analysis

Valuation
33
Growth
42
Profitability
32
Financial Health
14
Cash Flow
15
Valuation
P/E Ratio 80.2×
P/B Ratio 27.78×
PEG Ratio 0.43
Dividend Yield 0.00%
52W High $254.35
52W Low $176.77
Quality & Growth
ROE 4097.9%
ROA 132.8%
Gross Margin 467.8%
Operating Margin -540.8%
Revenue Growth YoY
Debt / Equity 7.52
AI Fundamental Assessment
P/E ratio of 80.2 (rich relative to a 15-40x range); Price-to-book of 27.8x; PEG ratio of 0.4 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 41.0%; Return on assets of 1.3%; Net margin of 2.6%; Gross margin of 4.7%; Current ratio of 1.14 (tight short-term liquidity); Debt-to-equity of 7.52; Free cash flow per share is negative (-0.27); Most recent quarter missed estimates by 142.1%; EPS growth decelerating (+82.1% -> -280.0% QoQ); Average YoY EPS growth of 38.7%; Analyst estimates rising over recent quarters
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