Boeing Slips on Wiring Snag That Delays 737 MAX Deliveries

1 min read
Source: TipRanks
Boeing Slips on Wiring Snag That Delays 737 MAX Deliveries
Photo: TipRanks
TL;DR Summary

Boeing’s stock slid after the company said a machining error caused wiring scratches on some 737 MAX jets, delaying deliveries briefly. The issue is small and expected to be fixed in days, with only a potential minor hit to Q1 2026 deliveries, while the full-year target of about 500 MAX jets remains intact as orders rise. Analysts remain bullish, with a Strong Buy consensus and an average price target around $276.36, implying roughly 24% upside.

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