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Boeing Jet Deliveries Dip in August
10 Sep
Summary
- Boeing delivered 51 commercial jets in August 2026.
- The company booked 15 gross orders with no cancellations.
- Boeing stock trades below major moving averages.
Boeing reported a decrease in commercial jet deliveries for August 2026, with 51 aircraft handed over compared to 53 in July and 57 in August 2025. This marks a sequential decline for the U.S. planemaker.
During August, Boeing secured 15 gross orders and experienced no cancellations. Year-to-date, the company has accumulated 453 net orders, maintaining a substantial production backlog of 6,755 unfilled commercial aircraft orders.
Boeing's stock showed a slight increase on Wednesday, bucking a broader market downturn. However, the stock remains below its major simple moving averages, including the 20-day, 50-day, 100-day, and 200-day SMAs. A bearish "death cross" has formed on the 50-day and 200-day SMAs, and momentum indicators suggest fading buying momentum.
Analysts maintain a consensus Buy rating on Boeing, with an average price target of $273.13. Recent upgrades from Argus Research, Tigress Financial, and BNP Paribas reflect a generally positive outlook, although current technicals present challenges.