Boeing (BA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Recently, Zacks.com users have been paying close attention to Boeing (BA). This makes it worthwhile to examine what the stock has in store.
Friday, the Federal Aviation Administration lifted the cap on Boeing's 737 MAX production to 42 per month from 38.
The Federal Aviation Administration said Friday it will allow Boeing to produce more 737 Max airplanes by increasing the monthly limit that it imposed after a door plug blew off an Alaska Airlines jet that the company built.
The company can now increase production to 42 planes a month from 38, the limit put in place after a fuselage panel blew off a jet midair in January 2024.
The FAA said Boeing can produce 737 Max planes at 42 a month, above the 38 a month limit Boeing had been producing at. Boeing CEO Kelly Ortberg had said the company expects to ramp up more in the future.
Boeing is executing a multi-year turnaround focused on increasing production and certifying new aircraft models to strengthen its balance sheet. In September, BA secured 96 airplane orders, notably from Turkish Airlines and Norwegian, with net orders valued at $11.2 billion, signaling strong program momentum. Deliveries remain robust, with 55 airplanes delivered in September and year-to-date figures significantly ahead of last year, supporting improved cash flow prospects.
The International Association of Machinists and Aerospace Workers said on Thursday it has filed an unfair labor practice charge against Boeing with the National Labor Relations Board.
BA stock faces fresh turbulence as Trump's export control threat deepens U.S.-China trade tensions, putting its China deals and deliveries at risk.
Boeing Co (NYSE:BA, ETR:BCO) announced on Tuesday that it delivered 55 aircraft to customers in September, as the company is set to record its best year since 2018. The company delivered 40 of the 737 Maxes during the month to customers including Southwest Airlines, United Airlines, China Southern and leasing firm AerCap.
BA's 41% stock surge is fueled by booming jet orders and defense wins, but weak ROIC and fading estimates may test investors' confidence.
Boeing dismissed rumors of a 737 replacement, but analysts say a new narrowbody is inevitable. A next-generation plane hinges on securing an engine that is efficient enough to power it.