Boeing Posts $116M Q3 Loss, Pushes 737 MAX 52/mo Rate to H2 2027
BA is trading near its 52-week low of $167.41 (0.7% above the low) on elevated volume (6.4× avg).
Summary
Boeing's Q3 revenue rose 4% to $24.19B, but the company still lost $116M on a GAAP basis and $0.34 a share adjusted, with free cash flow of just $464M. The bigger issue is the production reset: 737 MAX stays at roughly 47 a month and won't reach 52 until the second half of 2027, with management citing wing, engine and delivery bottlenecks. That pushes the cash story out — Boeing now guides to about $2B of free cash flow in 2026, $3B in 2027, $6B in 2028 and $10B in 2029, while 777X keeps draining cash through 2027 and 2027 capex runs near $5B. Balance sheet is still heavy at $45.9B of debt, though $10B of undrawn credit gives room. Deliveries of 161 and 300 net orders with a $745B backlog show demand is intact; the problem is getting planes out the door. Shares sit near a 52-week low, and the delayed rate ramp is the reason the recovery keeps slipping right.
At the time of this announcement, BA was trading at $168.50 on NYSE in the Manufacturing sector, with a market capitalization of approximately $132.9B. The 52-week trading range was $167.41 to $254.35. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Wiseek News.