Boeing Delivers Q1 Beat as Jet Deliveries Rise and Loss Narrows

Boeing beat Q1 2026 estimates with $22.2 billion in revenue (vs $21.91B expected) and an adjusted loss per share of $0.20 (versus a $0.68 loss expected), as jet deliveries rose to 143 in the quarter and the backlog climbed to a record $695 billion. The Defense, Space & Security segment posted a 50% jump in earnings to $233 million, while Commercial Airplanes revenue rose 13% to $9.2 billion but posted a $563 million loss; production is climbing toward 42 Max aircraft per month, with Max 7/10 certifications expected later this year and deliveries to begin in 2027. Boeing projects about 660 planes in 2026, and Wall Street remains bullish with a Strong Buy consensus and a target near $275, implying roughly 25% upside as BA stock rose over 5% on the news.