Boeing Shares Surge 10 Percent on CFO Forecast of Positive Cash Flow and Higher Deliveries in 2026

Boeing shares rallied sharply Tuesday, climbing as much as 10 percent after Chief Financial Officer Brian West outlined an improving financial outlook at the UBS Global Industrials and Transportation Conference. West projected the company will achieve positive free cash flow in 2026, marking a significant turnaround from an expected $2 billion cash outflow in 2025.

The CFO stated that Boeing's recovery is in full force, forecasting higher deliveries of both 737 and 787 aircraft in 2026 compared to 2025. The company expects to deliver 440 to 450 total jets in 2025, with approximately 50 units coming from inventory. Boeing plans to stabilize 737 production at 42 aircraft per month by November and increase 787 output to 8 units monthly.

West indicated the company expects low single-digit free cash flow growth in 2026 and expressed confidence in achieving Boeing's long-term $10 billion cash generation target. The 737 MAX 10 certification is anticipated in late 2026. November deliveries came in slightly below expectations, according to the CFO.

Boeing also confirmed it will complete its acquisition of Spirit AeroSystems this year. A Department of Justice penalty payment will shift into 2026. West noted the company is not yet positioned to consider investor returns but expects cash margins to begin improving next year.