Boeing Stock (NYSE:BA) Slips Despite Newest FAA Approval

FomoAnxiety · 2026-03-24T21:59:34+00:00

The FAA recently approved increased maximum takeoff weights for Boeing's 787-9 and 787-10, marking Boeing's first major certification since 2021. Despite this, Boeing shares declined slightly. Additionally, the Boeing 787 was voted "Coolest Thing Made in South Carolina."

FomoAnxiety

2026-03-24 21:59:34

Abstract generation in progress

We know that the Federal Aviation Administration (FAA) has quite a few designs seeking approval in its backlog, including several from aerospace stock Boeing BA -0.68% ▼ . While many of us are waiting for the approval to land for the 777X lineup, one other approval did show up. Specifically, it was a modification for the 787-9 and 787-10 widebody line. This did oddly little to perk up shareholder opinion, as Boeing shares slipped fractionally in Tuesday afternoon’s trading.

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The FAA approved new increased maximum takeoff weight (iMTOW) figures for the 787-9 and 787-10 recently. This is the first major certification Boeing has won from the FAA since March 2021, reports note. Back then, the FAA gave approval to the 737 MAX 8200, which was a version of the 737-8 that offered a new exit door.

Under the new certification, the 787-9 can now take off with 259.2 metric tons, reports note, and the 787-10 got an increase to 260.3 metric tons. That extra tonnage can go to carry weight, or it can increase range by either 310 nautical miles for the 787-9 or 430 nautical miles for the 787-10.

Coolest Thing in South Carolina

Meanwhile, Boeing also found itself beneficiary of some noteworthy news, as a new poll emerged from South Carolina. After counting roughly 35,000 votes, the viewers of WCIV declared the Boeing 787 the Coolest Thing Made in South Carolina.

There were four finalists in the running for the title, including Boeing, as well as the Constant Velocity Joint by JTEKT, Zeus’ PFX Flex Sub-Lite-Wall, and the CardioEducator by NursEdvance Innovations. The annual competition ended with votes cast and Governor Henry McMaster delivering the decree of the winner, backed up by a slate of South Carolina government officials.

Is Boeing a Good Stock to Buy Right Now?

Turning to Wall Street, analysts have a Strong Buy consensus rating on BA stock based on 13 Buys and one Hold assigned in the past three months, as indicated by the graphic below. After an 8.66% rally in its share price over the past year, the average BA price target of $280.27 per share implies 42.779% upside potential.

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