Al Root

Boeing stock is having another good day. That wasn't a sure thing heading into Thursday trading.

Shares of the commercial jet maker were up 1.9% at $247.28 in midday trading, while the S&P 500 and Dow Jones Industrial Average were up 0.6% and 0.8%, respectively.

The move came after an accident update from the National Transportation Safety Board regarding the United Parcel Service MD-11 cargo jet that crashed shortly after takeoff in Kentucky on Nov. 4, 2025, killing 14 and injuring 23 more.

The engine separated from the wing, catalyzing the tragic series of events. The engine mount was subject to a 2011 service letter that informed MD-11 operators of four prior incidents. Boeing recommended inspecting bearings every 60 months.

"We continue to support the investigation led by the NTSB," said Boeing in an emailed statement when asked about the report. "Our deepest condolences go out to the families who lost loved ones, and our thoughts remain with all those affected."

The MD-11 is a three-engine, twin-aisle jet built by McDonnell Douglas, which merged with Boeing in 1997. The MD-11 entered commercial service in 1990. Production ceased in 2000. The plane model is powered by GE Aerospace CF6 engines, which entered service in the 1970s. The plane hasn't been in passenger service since 2014. UPS grounded its fleet of MD-11s after the crash.

The report calls into question Boeing's inspection solution for the bearings. Investors, however, don't seem concerned that it will impact Boeing going forward.

Shares were also getting some help from Wall Street. Susquehanna raised its price target for Boeing stock to $280 from $255. Bernstein raised its price target to $298 from $277. Both brokers rate shares Buy.

Overall, 81% of analysts covering Boeing stock rate shares Buy. The average Buy-rating ratio for stocks in the S&P 500 is about 55%. The average analyst price target for Boeing stock is about $257.

Coming into Thursday trading, Boeing's stock was up 30% since CFO Jay Malave made positive comments about his company's free cash flow in early December. Malave endorsed positive free cash flow for 2026 and reiterated a goal of reaching $10 billion in annual free cash flow.

Write to Al Root at allen.root@dowjones.com

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January 15, 2026 12:03 ET (17:03 GMT)

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