Street View: Boeing's legacy burdens cloud recovery path despite operational progress

US Aerospace

30/10/2025 12:19

** Boeing has postponed the first delivery of its long-delayed 777X jet to 2027 and reported a larger-than-anticipated $5 billion charge in its quarterly results on Wednesday, marking another setback for the U.S. aerospace giant

** Median PT of 27 brokerages covering the stock is $255.73 - LSEG data

FRESH TURBULENCE FOR WIDEBODY JET PROGRAM

** BofA Global Research ("marketweight," no PT) said the 777X charge was "more damaging than expected," with a $6.45/share impact on Q3 results.

** Adds that delay will create a $2 bln FCF headwind in 2026, with the cash roll-off of the charge stretching into the next decade

** Deutsche Bank ("hold," PT: $240) says while Boeing's leadership is making the right operational calls, the financial picture remains constrained by legacy burdens

** Jefferies ("buy," PT: $255) sees Boeing's turnaround hinging on stabilizing production systems and ramping up output of the 737, 787, and 777 families

** TD Cowen ("buy," PT: $240) argues break-even now unlikely before 2028, echoing Bofa's estimation that the 777X delay could siphon $2 bln from 2026 cash flow

 (Reporting by Rashika Singh in Bengaluru)

 ((rashika.singh@thomsonreuters.com))