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-lon
Boeing stock soars 10% on CFO's latest forecast
CNBC Stock Market2 hrs ago
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