Boeing Stock Faces a Make-or-Break Test as Backlog Strength Collides With Safety Fears
Boeing shares rose 1.4% Monday as analysts split over the stock ahead of first-quarter results due April 22. Bulls cited record backlog and a new Pentagon missile deal; bears pointed to safety concerns, debt, and weak cash flow. Boeing reported $89.5 billion in 2025 revenue but ended the year with $1.9 billion negative free cash flow and $54.1 billion in debt. Production discipline, not demand, is seen as the key risk.