Boeing Company (NYSE:BA) shares are trading lower Friday, and the stock is down more than 5% over the past five days. Here's a look at what to know. 

What To Know:

Boeing shares continue moving lower on downward momentum as the company faces ongoing scrutiny of its safety and quality standards. 

Multiple analysts have lowered price targets on Boeing with JP Morgan analyst Seth Seifman lowering the price target from $230 to $210 and B of A Securities lowering its price target from $210 to $190 on Friday. 

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BA Stock Prediction 2024:

When buying a stock for a longer time horizon, it is important for investors to assess where they think the stock is headed in the future.

When mapping a stock's future trajectory, investors should consider factors including the future earnings expectations and expected performance against a benchmark.

Boeing's revenue has grown at an average rate of 0.4% annually over the past 5 years. The average 1-year price target from analysts is $237.52, representing an expected 37.8% upside in 2025.

While past performance is not a guarantee of future results, investors should also look at a stock's historical performance when compared to both a benchmark index and the company's peers. Shares of Boeing have seen an annualized return of -11.43%, under-performing the S&P500 index by 19.42%. This compares to 8.92% growth in the overall Industrials sector. Boeing has a beta of 1.26.

BA Price Action: According to Benzinga Pro, Boeing shares are down 0.76% at $172.12 at the time of publication Friday. 

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