Boeing shares rocketed higher Tuesday after the finance chief of the aircraft manufacturer predicted a return to positive free cash flow next year, injecting optimism into a stock battered by delays and production snags.
The stock soared 10 percent to USD205.38, helping lift the S&P 500, after Chief Financial Officer Jay Malave told a UBS conference that Boeing expects to reverse a projected USD2 billion cash burn this year and generate positive cash flow in 2026, the first time since 2023.
Malave also projected higher deliveries of the company’s flagship 737s and 787s, giving investors more confidence that Boeing’s slow recovery is gaining altitude toward cruising level.
The bullish outlook marks a sharp contrast to the setbacks that have clipped Boeing’s wings in recent months, including last month’s disclosure that its long-delayed 777X will now debut in 2027.
Despite the turbulence, Boeing’s financials are showing early hints of stabilization. For the nine months through September 30, the company narrowed its net loss to USD5.99 billion, though the third quarter remained heavy with charges. Revenue surged 30 percent to USD23.27 billion, reflecting stronger commercial and defense performance even as margins remain tight.
Investors saw Malave’s remarks as the clearest sign yet that Boeing may have finally hit the bottom of its cash crunch, and that 2026 could be the year the aerospace giant begins a sustained climb.
