Boeing stock gains 1.2 percent as Jefferies cuts its target

Published on 09/22/2026 at 13:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Boeing stock reached USD 200.60 on September 21, 2026, while Jefferies cut its target from USD 295 to USD 265. Quarterly revenue rose 8.0 percent.

Fotorealistische Endmontagehalle mit generischem zweistrahligen Passagierflugzeug ohne Markenzeichen — Fotorealistisches Bild zeigt Boeing Company (ISIN US0970231058) mit generischem Flugzeug in Endmontagehalle im Everett-Stil, Illustration mit AI erstellt.

Boeing stock reached USD 200.60 on the NYSE during trading on September 21, 2026, up USD 2.40 or 1.2 percent from the prior close. The move came as MarketBeat reported on September 21, 2026, that Jefferies lowered its Boeing price target from USD 295 to USD 265 while maintaining a Buy rating.

Jefferies lowers its target

The USD 30 reduction leaves Jefferies' target above the September 21 closing level, but it also signals a more cautious view of Boeing's recovery path. NewsBreak reported on September 21, 2026, that Jefferies reduced its 2026 free cash flow estimate from USD 2.9 billion to USD 2.2 billion and expected a third-quarter loss of USD 0.55 per share versus a consensus loss of USD 0.11.

That comparison is material for the stock: the projected third-quarter loss is USD 0.44 per share wider than consensus, while the free cash flow estimate is USD 700 million lower than the earlier forecast. The same report said Jefferies cited wider losses in Commercial Airplanes.

Revenue improves but losses persist

Boeing last reported quarterly results for the period released on July 28, 2026. According to MarketBeat, revenue was USD 24.56 billion, 8.0 percent higher than in the same quarter of the prior year and above the USD 24.26 billion analyst estimate.

The earnings picture remained weaker: adjusted EPS was a loss of USD 0.76, missing the consensus loss estimate of USD 0.34 by USD 0.42. The prior-year quarter had recorded a loss of USD 1.24 per share, so the reported loss narrowed by USD 0.48 per share year over year even as the result missed expectations.

Boeing stock remains below its high

The September 21, 2026 trading range was USD 198.14 to USD 202.20, and volume reached 6,212,014 shares, according to the Yahoo Finance quote snapshot. The stock's 52-week range was USD 176.77 to USD 254.35, placing the trading level USD 53.75 below the high and USD 23.83 above the low.

Market capitalization stood at USD 158.983 billion as of the September 21, 2026 close. The next earnings date shown in the same quote data is October 28, 2026, giving the next scheduled report a clear checkpoint for the production and cash flow concerns reflected in Jefferies' estimate.

Stock closes at USD 202.10

Boeing closed at USD 202.10 on the NYSE on September 21, 2026, a daily gain of 0.52 percent in the Yahoo Finance quote data. The price remained below the 52-week high of USD 254.35 while the revised Jefferies target stood at USD 265.