Long-grounded Boeing stock is finally soaring — and for good reason. Boeing CFO Jay Malave said Tuesday that he expects “pretty substantial” year-over-year growth in positive free cash flow (FCF) in 2026, reversing this year’s $2 billion cash burn. Speaking at an industry conference, Malave added that the company’s previous target of $10 billion in cash generation will be “very attainable.” Shares rose nearly 10% on the updated FCF forecast, and are likely not done rallying, said Jim Cramer during Tuesday’s Morning Meeting . “The good news is there’s going to be upgrades tomorrow substantially because people want to get behind Boeing more than anything,” Cramer said. The news is especially heartening after Boeing’s messy third-quarter earnings report in October, which triggered a weeks-long selloff due to a larger-than-expected charge associated with delays in the 777X program. Malave’s comments could indicate that there won’t be any further negative surprises in the upcoming quarter. BA YTD mountain Boeing (BA) year to date performance One Wall Street firm has already chimed in. Wolfe Research said Tuesday that the CFO’s comments show that “the time for optimism on FCF opportunity has returned.” The analysts added that the update hasn’t been lost on the market, given the stock’s jump, “but we expect to see legs on this move given the de-risked nature of the January 4Q earnings print.” Wolfe has a buy-equivalent rating on Boeing stock. Another reason to like Boeing stock is its order growth. Boeing booked 161 net orders for commercial airplanes in the third quarter of 2025, up from 49 net orders during the same period last year. Just last month, Emirates said that it had ordered $38 billion worth of Boeing 777-9 aircraft. “Orders trump everything,” Cramer said. The Club initiated a position in Boeing on Sept. 8, noting that the stock has been one of the biggest winners from the Trump administration’s trade deals as countries seek to reduce deficits with the United States. We also believe the turnaround that investors have been waiting for is here under CEO Kelly Ortberg. The Club bought more shares on Monday. (Jim Cramer’s Charitable Trust is long BA. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
