Boeing Q3 Preview: Stock Down 26% From 52-Week Highs, Could Strong Backlog Kickstart Another Rally?
Key takeaways
- Boeing’s upcoming earnings could revive the stock if revenue and earnings beat expectations, but a miss may extend the current decline.
- Revenue Q3 2026: $23.84 billion
- Revenue Q3 2025: $23.27 billion
- Projected Q3 2026: -$0.21
EPS
Earnings per share — profit for one share of the company, in dollars.
What happened
Boeing Co (NYSE: BA) is set to report its third‑quarter earnings on Tuesday, with analysts expecting revenue of $23.84 billion, up from $23.27 billion a year earlier. The company has consistently beat revenue estimates for six straight quarters but has missed earnings estimates in seven of the last ten quarters, with a projected loss of 21 cents per share versus a loss of $7.47 per share in the same period last year. The stock is currently down 13% year‑to‑date and 26% from its 52‑week high,…
Why it matters
Boeing’s backlog of $715 billion, the largest in its history, signals strong future revenue potential, especially with recent military contract wins and FAA certification of the 737‑10 MAX. Analysts are watching whether the backlog translates into earnings that beat expectations, which could restore investor…
Short-term and longer-term
Short-term. Over the next few days, traders should watch for Boeing’s earnings announcement and any What a company says it expects for future sales or profits — a forecast from the company, not a guarantee.guidance
Longer-term. For investors looking ahead, Boeing’s strong backlog and recent military contracts suggest a potential long‑term upside if the company can convert orders into profitable earnings.
Words on this card
- Backlog
- The total value of orders Boeing has received but not yet delivered
- FAA certification
- Approval from the Federal Aviation Administration that a new aircraft model meets safety standards
- F‑47
- A future U.S. Air Force fighter aircraft program
- F/A‑XX
- A future U.S. Navy fighter aircraft program
- Revenue
- Sales — money the company took in before costs.
- Earnings Learn
- A company’s results report — usually profit and sales for a quarter, plus any update on what comes next.