Boeing (BA) Stock Analysis: Will Boeing Stock Bounce Back?

<p>Boeing (#BA) stock is currently trading at $235 and looks primed to take-off!</p> <p>Last month, the aviation company reported Q1 earnings and left investors feeling mixed. They announced Q1 Non-GAAP EPS of -$1.53 (misses by $0.46) and revenue of $15.22B (-10.0% Y/Y).</p> <p>But is the light at the end of the tunnel? Commercial airplane deliveries are up +54% and defense revenues also grew. To top it all off, they have a backlog of $364B, which is more than double the current market cap of $133B. Things are only looking up from here!</p>