Boeing stock (NYSE: BA) is back in the spotlight on December 12, 2025, as investors weigh a fresh regulatory update tied to the 737 MAX 10, the company’s evolving certification timeline for MAX variants, and a growing body of 2026 cash-flow and production turnaround commentary from both management and Wall Street.
As of 15:17 UTC on Friday, Dec. 12, Boeing shares traded at $202.94, up about 1.1% from the prior close.
Below is a complete, publication-ready breakdown of the most current Boeing stock news, analyst forecasts, and market-moving themes available as of 12.12.2025.
What’s moving Boeing stock on 12.12.2025
FAA to review Boeing’s proposed 737 MAX 10 cockpit alerting system
The day’s biggest headline for Boeing stock is regulatory: the U.S. Federal Aviation Administration (FAA) said it will review Boeing’s proposed enhanced flight crew alerting system for the 737 MAX 10—an update that includes features such as a synthetic enhanced angle-of-attack capability and a way to disable stall warning and overspeed alerts. [1]
Why this matters for BA investors:
- MAX 10 certification is a major commercial catalyst because it expands Boeing’s narrow-body lineup and could unlock deliveries and cash-generation opportunities over time.
- The FAA review also underscores a continued reality for Boeing: certification progress is not only engineering-driven, but regulator-paced, and investors tend to reprice the stock quickly when timelines shift.
Reuters also notes the MAX 7/MAX 10 alerting-system timeline is tied to a prior congressional extension—paired with requirements to retrofit safety enhancements within a set window after certification—keeping the certification story highly consequential for the stock. [2]
Certification watch: MAX 7 and MAX 10 timelines remain central to the bull and bear cases
Southwest signals MAX 7 certification around August 2026
In a separate but closely related development, Southwest Airlines’ CEO told Reuters the airline expects Boeing’s 737 MAX 7 to be certified around August 2026, with Southwest planning to start flying the aircraft in Q1 2027. [3]
That’s important because Southwest is the launch customer for the MAX 7, and shifting expectations can influence:
- airline fleet planning assumptions,
- Boeing’s delivery cadence expectations,
- and investor confidence in the overall certification roadmap.
Reuters added that Boeing’s MAX 7 and MAX 10 certification efforts have faced delays tied to issues including engine de-icing, while Boeing leadership continues to point to 2026 as the target window for certifications. [4]
The week’s biggest Boeing headlines that shape the BA stock narrative
1) Boeing closes Spirit AeroSystems acquisition in a supply chain reset
Boeing’s $4.7 billion acquisition of Spirit AeroSystems has now closed, a deal widely viewed as an effort to regain tighter control over manufacturing quality and production stability—especially for the 737 program’s fuselage and key aerostructures. [5]
Boeing’s own announcement highlighted that the transaction brings Spirit’s Boeing-related commercial operations into the company, including work tied to the 737, and structures for widebody programs as well as certain defense platforms. [6]
The AP framed the move as a strategic reversal of Boeing’s earlier outsourcing approach and linked it to Boeing’s broader effort to strengthen oversight and production reliability amid heightened scrutiny. [7]
Why it matters for Boeing stock:
The Spirit reintegration is a high-stakes execution bet. Bulls see it as a direct path toward fewer surprises in the supply chain. Bears see it as operationally complex—bringing thousands of employees, processes, and quality systems under Boeing at a time when the company is still rebuilding trust.
2) November deliveries: Boeing trails Airbus, but books strong gross orders
Boeing reported 44 aircraft deliveries in November 2025, down from 53 in October, while Airbus delivered 72 in the same month. Reuters also reported Boeing received 164 gross orders with 38 cancellations (net 126), and cited Boeing’s backlog at 6,019 as of Nov. 30. [8]
For BA investors, deliveries tend to matter more than almost any other operational metric because:
- deliveries drive revenue recognition,
- deliveries are a key driver of cash flow for commercial aerospace,
- and delivery trends reveal whether production stability is improving (or slipping).
3) Airbus CEO concedes Boeing is likely to win the 2025 order race
One of the more market-friendly data points this week came from Boeing’s top rival. Airbus’ CEO said Boeing is likely to surpass Airbus in net aircraft orders for 2025, ending Airbus’ multi-year lead in that specific metric—while Airbus still leads in deliveries and has a larger backlog. [9]
Reuters reported that by November Boeing had logged 908 net orders versus Airbus at 700, reflecting Boeing’s momentum in certain segments even as Airbus remains dominant in others. [10]
Stock takeaway: Boeing winning the “order race” doesn’t automatically translate to near-term earnings—but it reinforces the demand side of the story, which is a key ingredient for longer-term recovery narratives.
4) Airline industry sentiment: IATA says confidence in Boeing deliveries is improving
Adding to the sentiment shift, the head of global airlines body IATA said Boeing’s delivery performance has improved, while confidence in Airbus meeting targets has weakened amid persistent supply-chain constraints. [11]
For investors, this matters because airline customer confidence can influence:
- contract negotiations,
- delivery schedules,
- and future order decisions—especially when both OEMs are supply constrained.
5) Cash flow inflection: Boeing CFO points to positive free cash flow in 2026
A major reason Boeing stock has remained highly reactive to operational updates is the market’s fixation on the company’s ability to sustainably generate cash again.
Earlier this month, Reuters reported Boeing’s CFO told an investor conference that Boeing expects positive free cash flow in 2026, described as “low single digits,” after an expected negative cash outflow in 2025—a metric investors watch intensely. [12]
Separately, a market-facing analyst note highlighted a bullish view that Boeing’s execution has “turned the corner,” and included modeled free cash flow expectations rising through 2026–2028 (excluding Spirit after closing). [13]
Why it matters for BA stock:
In Boeing’s current phase, the stock often trades less like a steady industrial and more like a “confidence barometer” for (1) production stability, (2) certification progress, and (3) the credibility of a cash-flow recovery.
6) Defense catalyst: Australia’s “Ghost Bat” drone contract
Boeing’s defense exposure also delivered fresh headlines this week. Reuters reported Australia struck a A$1.4 billion contract with Boeing Defence Australia for six operational Ghost Bat drones, following a live weapons test. [14]
This followed earlier reporting that Australia was expected to sign a contract (reported around A$1 billion) to move the program into production. [15]
Why it matters for Boeing shares:
While commercial airplanes usually dominate the near-term cash-flow conversation, defense wins can support earnings diversity and reduce reliance on a single recovery engine.
7) U.S. government procurement: DHS linked to Boeing 737 purchases for deportation operations
Reuters also reported that the U.S. Department of Homeland Security plans to spend close to $140 million to buy a fleet of Boeing 737s for deportations, citing a Washington Post report and officials familiar with the contract. [16]
This is not a “core aerospace thesis” driver like MAX certification or delivery rates, but it is a notable incremental headline that keeps Boeing’s aircraft in the political and public-policy news cycle.
8) Legal/reputation headline: lawsuit alleges toxic fume exposure on Boeing 737 flight
The Wall Street Journal reported a lawsuit seeking $40 million tied to alleged exposure to toxic fumes on a Delta Boeing 737 flight, with claims of lasting health impacts. Boeing and Delta declined to comment, per the WSJ summary. [17]
For investors, this type of story typically matters less than production/certification—but it can add to the “headline risk premium” around the name.
Boeing stock forecast and analyst outlook on 12.12.2025
Consensus price targets: wide range, but the center remains meaningfully above today’s price
As of Dec. 12, 2025, MarketWatch’s analyst compilation showed:
- High target: $285
- Low target: $150
- Average target: $247.05 (with a median shown at $250) [18]
With BA around $202.94 today, an average target near $247 implies roughly low-20% upside—but the wide high/low spread reflects how polarizing the Boeing recovery debate still is.
New coverage adds a bullish datapoint: Citi initiates with a Buy, $265 target
Barron’s reported Citi’s new aerospace/defense analyst initiated coverage on Boeing with a Buy rating and a $265 price target, framing the sector as supported by multi-year “megatrends” (air travel growth, production ramp cycles, rearmament, autonomy/AI, and space). [19]
Another widely cited consensus snapshot
MarketBeat’s compilation showed an average target around $233 (with a cited high near $275 and low near $140), representing a more conservative consensus snapshot depending on the analyst set and calculation method. [20]
How to read these differences:
Price-target aggregators often vary because they track different banks, update schedules, and inclusion criteria. The more useful takeaway is directional: most mainstream consensus snapshots continue to price in a recovery—but not without meaningful dissent.
The bull case for Boeing stock right now
Bulls generally argue that Boeing is building toward a classic industrial recovery setup:
- Certification milestones (MAX 7 and MAX 10) are key optionality levers—any tangible “derisking” tends to support the multiple. [21]
- Supply chain control improves with Spirit AeroSystems reintegrated—at least in theory, reducing the chance of repeat quality lapses that disrupt output. [22]
- Cash flow turns positive in 2026, which—if achieved—could materially change how equity and credit investors value the company. [23]
- Order momentum vs Airbus supports longer-term volume visibility, even if deliveries remain the near-term scoreboard. [24]
The bear case: what could still go wrong
Skeptics focus on execution risk and “timeline fragility”:
- The FAA’s continued scrutiny and formal reviews can translate into longer certification arcs than markets hope for—especially if engineering changes cascade into documentation, training, and retrofit requirements. [25]
- Airlines are openly discussing later-than-expected certification expectations for key variants, which can affect delivery assumptions. [26]
- Monthly delivery volatility remains a reminder that supply chain and production stability can still wobble. [27]
- The Spirit integration itself is a massive operational project—potentially helpful long-term, but not “free” in the short run. [28]
- Headline risk—from lawsuits to politically sensitive procurement stories—can keep a sentiment discount embedded in the stock. [29]
What to watch next: near-term catalysts for BA shares
Investors tracking Boeing stock into year-end and early 2026 will likely focus on:
- FAA progress signals on MAX 10-related systems and what they imply for the broader certification path [30]
- Any further read-throughs from airline CEOs on MAX 7/MAX 10 planning assumptions [31]
- Monthly delivery and order updates (deliveries are often the fastest “reality check” on production health) [32]
- Integration execution after the Spirit AeroSystems closing—including whether quality escapes decline and throughput improves [33]
- Continued defense program momentum, including international autonomy programs like Ghost Bat [34]
Bottom line for Boeing stock on 12.12.2025
Boeing stock is trading today in a market environment where the company’s narrative is increasingly about execution and credibility: can Boeing stabilize production, deliver at higher volume, secure certifications on delayed MAX variants, and convert those improvements into sustained free cash flow?
Friday’s FAA headline is a reminder that the recovery path still runs through regulators as much as factories—but the broader week’s news flow (Spirit closing, improving airline sentiment, order momentum, and a 2026 cash-flow focus) explains why BA remains one of the most actively debated industrial turnaround stories on the market right now. [35]
References
1. www.reuters.com, 2. www.reuters.com, 3. www.reuters.com, 4. www.reuters.com, 5. www.reuters.com, 6. boeing.mediaroom.com, 7. apnews.com, 8. www.reuters.com, 9. www.reuters.com, 10. www.reuters.com, 11. www.reuters.com, 12. www.reuters.com, 13. www.investing.com, 14. www.reuters.com, 15. www.reuters.com, 16. www.reuters.com, 17. www.wsj.com, 18. www.marketwatch.com, 19. www.barrons.com, 20. www.marketbeat.com, 21. www.reuters.com, 22. www.reuters.com, 23. www.reuters.com, 24. www.reuters.com, 25. www.reuters.com, 26. www.reuters.com, 27. www.reuters.com, 28. www.reuters.com, 29. www.wsj.com, 30. www.reuters.com, 31. www.reuters.com, 32. www.reuters.com, 33. www.reuters.com, 34. www.reuters.com, 35. www.reuters.com
