Boeing stock price forecast: Technical rebound facing market headwinds
Boeing's recent performance has been influenced by industry-specific challenges and market conditions.
As of March 18, 2025, Boeing's (BA) stock closed at $161.57, reflecting a slight decrease of 0.17% from the previous close.
This level marks a rebound from the year's low of $145.45, which was reached earlier this week. The price action indicates that Boeing is attempting to consolidate after facing downward pressure over the past few months.
The 50-day moving average currently stands at approximately $158, while the 200-day moving average hovers around $170. The fact that Boeing's stock has crossed above the 50-day moving average suggests that a short-term bullish trend is forming. However, the stock remains below the 200-day moving average, indicating that long-term bearish sentiment persists. A successful breach of the 200-day moving average would be a strong bullish signal, but the stock would need to sustain this movement to confirm a shift in momentum.
BA stock price dynamics (January 2025 - March 2025). Source: TradingView.
Support levels are currently situated at $145, which aligns with the recent low, and at $140, which serves as a key psychological threshold. Resistance is positioned at $165, where the stock faced selling pressure earlier this year, followed by a more significant resistance level at $170, near the 200-day moving average. If Boeing manages to break through these resistance levels, the stock could regain upward momentum. Conversely, a drop below $145 would likely trigger additional selling pressure, potentially dragging the stock down to the $140 support zone.
Market context and recent developments
Boeing's recent performance has been influenced by both industry-specific challenges and broader market conditions. The aerospace giant has been grappling with ongoing production delays and regulatory scrutiny related to safety issues. Earlier this year, Boeing faced setbacks after a midair incident involving a 737 MAX aircraft, which raised fresh concerns about the company's quality control and prompted increased oversight from the Federal Aviation Administration (FAA). This has weighed on investor confidence and contributed to the stock's volatility.
However, positive news emerged recently when Boeing secured a major order from a Middle Eastern airline for 50 wide-body aircraft, valued at over $16 billion. This deal reinforces Boeing's competitive positioning in the long-haul market and is expected to support revenue growth in the coming quarters. Additionally, Boeing has reported progress in addressing supply chain issues, which have hampered production over the past two years.
Broader market conditions have also played a role in Boeing's price action. The Federal Reserve's recent signal that it may pause interest rate hikes has provided some relief to the stock market, especially for cyclical stocks like Boeing. However, geopolitical tensions and rising fuel costs continue to pose risks to the aviation sector.
Price forecast and scenarios
In the short term, Boeing's stock appears positioned for a potential upward move if it can hold above the $158 level and challenge the $165 resistance. A successful breakout above $165 would open the door for a test of the 200-day moving average near $170. If the stock manages to clear this hurdle, it could target $180 in the coming weeks.
On the downside, failure to maintain support at $158 could lead to renewed selling pressure, driving the stock back toward the $150 level. A breakdown below $145 would be a bearish signal, potentially pushing the stock toward the $140 support zone.
In January, Boeing Co. announced nearly $3 billion in charges for Q4 2024 due to labor strikes, job cuts, and government program challenges. The company expects to report a $5.46 per share loss, significantly worse than the forecasted $1.80 per share loss.
