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Boeing CEO Warns of Tough Year Ahead
9 Jan
Summary
- CEO Kelly Ortberg warns 2026 will demand more effort than last year.
- Boeing shares rose 22% on expectations of billions in free cash flow.
- Company aims to certify three jet models and mend Pentagon ties.

Boeing CEO Kelly Ortberg has alerted employees that 2026 will be a demanding year for the planemaker's ongoing turnaround efforts, suggesting the work ahead may exceed that of the previous year. This cautious message comes as the company prepares to report its fourth-quarter earnings on January 27, 2026. Ortberg acknowledged significant improvements since this time last year, noting that a solid foundation has been established for future progress.
Despite the CEO's reserved tone, Wall Street sentiment has been optimistic, with Boeing shares climbing 22% since early December. This surge is attributed to Chief Financial Officer Jay Malave's reaffirmation that the company is on track to generate billions in free cash flow by 2026 as production ramps up. Analysts largely maintain positive ratings, with 25 buys and eight holds, although one analyst expressed caution regarding the speed of expected cash flow generation.



