Boeing stock falls 4.17 percent as 737 MAX glitch weighs
Published on 09/28/2026 at 15:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Boeing (ISIN US0970231058) stock was trading at USD 189.82 on the NYSE on September 28, 2026 at 9:41 a.m. ET, down 4.17 percent from the prior close. The immediate pressure came after NBC News reported on September 27, 2026 that Boeing had identified a 737 MAX software glitch affecting an automated navigation feature during a specific landing scenario.
737 MAX software issue raises scrutiny
The issue emerged after a cockpit software update and can occur when crews change their planned flight path after a missed approach. Boeing told Reuters, as carried by NBC News, that it had informed all 737 operators and was working on a permanent software update.
Southwest Airlines and United Airlines requested earlier software versions for new 737 MAX aircraft, according to the same September 27 report. The Federal Aviation Administration said it was working with Boeing and airlines while reviewing the potential issue, making execution and regulatory coordination central to the stock story.
Q2 revenue rose 8 percent
Boeing's second-quarter 2026 revenue reached USD 24.6 billion, an 8 percent year-over-year increase, according to the Fortune transcript of the July 28, 2026 earnings call. Operating margin was 0.6 percent, while core earnings per share remained a loss of USD 0.76.
Commercial Airplanes delivered 171 aircraft in the quarter, the highest quarterly total since 2018, and the business generated USD 11.8 billion in revenue, up 8 percent, according to Fortune. Free cash flow was positive at USD 631 million, but the remaining loss profile leaves production quality and delivery growth as important tests for the recovery.
Analyst target stays above USD 265
JPMorgan reaffirmed its Overweight rating and USD 290.00 price target on September 28, 2026, according to Investing.com. The firm judged that customers could select an alternative software version for MAX 8 and MAX 9 aircraft, while monitoring potential delivery effects on the MAX 7 and MAX 10.
MarketBeat listed a Moderate Buy consensus from 23 analysts on September 24, 2026, with an average target of USD 270.95 and a range from USD 223.00 to USD 305.00, according to MarketBeat. The contrast is clear: Boeing's operating recovery is producing higher revenue and aircraft deliveries, while a fresh software issue is testing confidence in execution.
Boeing stock trades below its yearly high
Boeing stock was trading at USD 189.82 on the NYSE on September 28, 2026 at 9:41 a.m. ET, with a session range of USD 187.52 to USD 192.75. Its 52-week range was USD 176.77 to USD 254.35, and market capitalization stood at USD 150.0 billion.
Boeing stock snapshot
- Company: The Boeing Company
- ISIN: US0970231058
- Ticker: BA
- Trading venue: NYSE
- Price (as of September 28, 2026, 9:41 a.m. ET): USD 189.82
- Market capitalization: USD 150.0 billion (as of September 28, 2026)
- 52-week range: USD 176.77-254.35 (as of September 28, 2026)
- Sector / Industry: Aerospace and Defense
