Is Boeing a good stock to hold

**Boeing's stock does not appear to be a good holding at this time**, and here's why:

1. **Financial Performance**: Boeing reported a net loss of $1.44 billion and a diluted EPS of -$2.33 for the quarter ending June 30, 2024. This indicates that the company is currently unprofitable, which is a red flag for investors.

|Ticker|Name|Date|Total Revenue|Net Income|Diluted EPS|code|market_code|
|---|---|---|---|---|---|---|---|
|BA.N|The Boeing|2024 Q2|1.6866E10|-1.439E9|-2.33|BA|169|

2. **Free Cash Flow and Debt**: The company's free cash flow was -$4.35 billion, and the debt-to-equity ratio was -3.22. This means that Boeing is generating negative cash flow and has a high level of debt, which could lead to financial instability.

3. **Stock Analyst Ratings and Price Targets**: Despite the negative financials, the average 12-month price target from analysts is $217.47, which represents a 29.06% upside from the last price of $168.50. This suggests that some analysts may see potential in the stock, but it's important to consider the overall financial health of the company.
4. **Industry Challenges and Safety Concerns**: Boeing has faced significant challenges in the past, including production issues, delivery delays, and safety concerns. These issues can impact the company's reputation and financial performance.
5. **Market Sentiment**: The stock has a Smart Score of 6, which is based on analyst recommendations, crowd wisdom, and hedge fund activity. This score does not provide a clear indication of whether the stock is good to hold.

In conclusion, while some analysts may be optimistic about Boeing's stock, the company's current financial performance and debt levels raise concerns. Investors should carefully consider these factors before deciding whether to hold or sell the stock.