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Boeing wins $20B Navy fighter deal, $14.7B missile contract, FAA clears MAX bug, but stock trades 40% below target.

Market News
06 Oct 2026
24/7 Wall Street
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Bullish
Boeing wins $20B Navy fighter deal, $14.7B missile contract, FAA clears MAX bug, but stock trades 40% below target.

Boeing secured a $20 billion Navy fighter development contract and a $14.7 billion missile seeker deal in one week, alongside an FAA clearance on a MAX software issue and a labor contract approval. Despite these wins, Boeing's stock trades at $192.74, about 42% below the average analyst target of $273.42, reflecting market caution due to slow revenue realization and execution risks. The upcoming Q3 earnings report on October 27 will be crucial to confirm Boeing's turnaround, with investors watching for steady cash flow and certification progress on its 737 jets.

Boeing Co shares trade at USD 193.63 on Pluang as of Oct 06, 2026 18:51 WIB, slightly up 0.47% in one day. The stock remains well below its 52-week high of USD 252.15, with a market cap of USD 152.32 billion. Most Pluang investors hold Boeing shares for about 83 days, showing moderate trading activity with 74% buy orders recently.

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