Boeing Stock Rises 13.2% in 3 Months: Is There More Room for Growth?

BA shares rose 13.2% over the past three months driven by strong aircraft demand, major defense contracts and backlog growth. However, ongoing supply-chain issues and recent downward revisions to EPS estimates introduce caution for near-term earnings and execution.

Analysis

BA shares rose 13.2% over the past three months driven by strong aircraft demand, major defense contracts and backlog growth. However, ongoing supply-chain issues and recent downward revisions to EPS estimates introduce caution for near-term earnings and execution.