Boeing's path to recovery lengthens despite improving factory performance
BA•Boeing reported a third-quarter loss of 26 cents per share and said it will miss 2026 targets for 737 production and deliveries. Analysts said rising costs and supply-chain pressures point to a slower recovery, with attention likely to shift to 2027 cash-flow goals.
1. Targets pushed back
Boeing reported a third-quarter loss of 26 cents per share and said it will miss its 2026 targets for 737 production and deliveries, as weakness in its commercial jet business outweighed stronger margins elsewhere.
2. Analysts see slower recovery
Morgan Stanley said rising production costs and supply-chain pressures could renew investor scrutiny of Boeing’s path to long-term cash-flow targets, even as manufacturing trends improve. J.P. Morgan said the new targets look more achievable but execution will be the test, while TD Cowen said the cash-flow targets push consensus expectations out by a year. RBC said attention is likely to turn to the 2027 cash-flow outlook and timing of further 737 production increases.
