Boeing stock price bounced back in December, soaring from November’s low of $176 to the current $217. It has jumped by ~68% from its lowest level in April, and JPMorgan analysts anticipate the trajectory to continue this year if the company remains out of trouble.
Boeing stock has potential catalysts in 2026
Boeing shares performed well in 2025, mirroring the performance of the broader stock market. Its gains also happened as its planes continued to perform well, a sign that it had moved out of trouble after the woes it experienced in the previous years.
The company continued to narrow the backlog gap with Airbus, which faced more challenges. Its backlog stood at 5,900 planes worth over $535 billion. Most of these orders came from Qatar, Emirates, and Turkish Airlines, with their 787 Dreamliners, 777, and 737 seeing traction. FlyDubai recently made an order of 75 737 planes.
Boeing also received the approval to increase production of its 737 planes, a process that will continue this year. Therefore, the most recent results showed that its business continued thriving, a process that will continue in the near term.
Boeing’s revenue rose to $23.333 billion in the third quarter, a big increase from the $17.8 billion it made in the same period last year. It also improved its operating margin from minus 32.33% to minus 20.5%, and its loss per share to $7.47 from the previous $40.4.
Most importantly, the company turned a profit in terms of its free cash flow, which jumped to $200 million. The only blemish in its results was the 777x program, which has been delayed for years. On the positive side, the company expects that the plane will enter service this year, which will help to boost its numbers.
READ MORE: Boeing stock dubbed a ‘top pick’ for 2026, Dan Niles explains why
Boeing growth to continue this year
Wall Street analysts believe that the company will continue doing well this year. The average estimate is that its fourth-quarter revenue will be $22.4 billion, up by 47% from the same period in 2024. This revenue will bring its annual figure to $87 billion, up by 32% from a year earlier.
The company is then expected to make $96 billion this year, a figure that will likely be better than expected. A potential catalyst is that Donald Trump will visit China in April, a move that may result in a big order from the country’s airlines. These orders will be notable as Chinese airlines have avoided Boeing for years.
Boeing will also turn a profit this year. Analysts see the loss per share moving from $20.38 in 2025 to a profit of $2.34. Chances are that the company will do better than these expectations.
Wall Street analysts are optimistic that the Boeing stock will rise this year. For example, Deutsche Bank sees it rising to $245, while JPMorgan sees it hitting $240. Other companies with an overweight rating are RBC Capital and Barclays.
Boeing share price technical analysis
BA stock chart | Source: TradingView
The daily chart shows that the BA share price has done well in the past few months. It has rebounded from a low of $176 in November to the current $217.
The stock is trading at the 23.6% Fibonacci Retracement level. Also, the 50-day and 100-day moving averages are about to cross each other.
There are also early signs that it has formed an inverted head-and-shoulders pattern. Therefore, the most likely scenario is where it pulls back a bit and then resumes the uptrend, potentially to last year’s high of $243. A move above that level will point to more gains to the key resistance at $240.
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