Boeing Slides After CEO Warns of 737 MAX Ramp Slowdown

Boeing's shares are down after CEO Kelly Ortberg admitted that stabilizing 737 MAX output is taking longer than expected.

The announcement caused a 2.43% drop in shares, with Boeing now trading at $197.05 and down 11.66% over the past month.

This is not the first stumble for Boeing this year, which has seen messy quarters including a Q2 2026 core EPS loss of $0.76 that missed consensus badly and a $280 million charge on the VC-25B presidential aircraft program.

Despite the setbacks, one prominent analyst at Tigress Financial, Ivan Feinseth, remains bullish on Boeing's prospects, reiterating his call for 55% gains within a year with a price target of $305.