The Discounted Cash Flow (DCF) valuation of Boeing Co (BA) is 27.30 USD. With the latest stock price at 226.60 USD, the upside of Boeing Co based on DCF is -88%.

Is Boeing a buy or a sell?

Based on the latest price of 226.60 USD and our DCF valuation, Boeing Co (BA) is a sell. Selling Boeing stocks now will result in a potential gain of 88%.

	Range	Selected
WACC / Discount Rate	6.5% - 8.5%	7.5%
Long-term Growth Rate	3.0% - 5.0%	4.0%
Fair Price	(5.54) - 151.83	27.30
Upside	-102.4% - -33.0%	-88.0%

226.60 USD

Stock Price

27.30 USD

Fair Price

REVENUE & EXPENSES

CAPEX

D&A

WORKING CAPITAL

TERMINAL VALUE

Boeing DCF Valuation: Revenue & Expenses Forecast

(USD in millions)		Projections

	12-2024	12-2025	12-2026	12-2027	12-2028	12-2029

Revenue	66,517	72,341	74,188	76,920	80,398	86,378
% Growth	14%	9%	3%	4%	5%	7%

Cost of goods sold	(68,508)	(70,781)	(68,959)	(67,923)	(67,445)	(68,839)
% of Revenue	103%	98%	93%	88%	84%	80%

Selling, G&A expenses	(5,021)	(5,461)	(5,600)	(5,806)	(6,069)	(6,520)
% of Revenue	8%	8%	8%	8%	8%	8%

Research & Development	(3,812)	(4,146)	(4,252)	(4,408)	(4,608)	(4,950)
% of Revenue	6%	6%	6%	6%	6%	6%

Net interest & other expenses	(1,386)	(1,507)	(1,546)	(1,603)	(1,675)	(1,800)
% of Revenue	2%	2%	2%	2%	2%	2%

Tax expense	381	898	579	265	(57)	(401)
Tax rate	-3%	9%	9%	9%	9%	9%

Net profit	(11,829)	(8,656)	(5,589)	(2,556)	545	3,868
% Margin	-18%	-12%	-8%	-3%	1%	4%