Boeing's Stock Surges Above $200 as Backlog and Cash Flow Improve
Boeing has delivered 51 jets in August, marking a slight dip from last year's numbers. However, despite this decline, the aircraft manufacturer's stock price is back above $200.
The company's backlog remains massive at $715 billion, with over 6,200 commercial aircraft orders pending. Boeing's adjusted free cash flow has also improved significantly, reaching $631 million in Q2 2026 compared to a negative $331 million in the same period last year.
Investors are focusing on the bigger picture, which shows an overall improvement for Boeing. The company's revenue hit $24.5 billion in the second quarter, representing an 8% growth from the previous year.