Boeing Reports Much Smaller Q1 Loss Than Expected as Recovery Gains Momentum
Boeing Q1 2026: $22.2B revenue (+14%), small $7M loss. Deliveries up, backlog $695B. Shares rise as recovery continues.
Boeing Q1 2026: $22.2B revenue (+14%), small $7M loss. Deliveries up, backlog $695B. Shares rise as recovery continues.
Wells Fargo starts coverage on Boeing with an Overweight rating and $250 price target. Strong free cash flow recovery expected as MAX and 787 production ramps up.
Boeing pushes commercial airplanes profitability to 2027 due to Spirit AeroSystems integration surprises. Q1 margin ~ -7.5%, 737 Max wiring fixes and 787 delays weigh on results.
Boeing fixes minor wire scratches on undelivered 737 MAX planes due to a machining mistake. No immediate safety risk, quick repairs ahead, and deliveries still on track for the year despite a short-term slowdown.
Joby, Archer, and Beta stocks surge after DOT selects them for Trump's eVTOL air taxi pilot program — electric flying taxis set to test in 26 states starting summer 2026.
Boeing is close to announcing a huge order for 500+ aircraft from China, including 737 Max jets, tied to President Trump's upcoming Beijing summit with Xi Jinping.