Boeing Has a Record $745 Billion Backlog and Can't Build the Planes Fast Enough

Boeing reported a record backlog of $745.4 billion but said it still can’t build aircraft fast enough, a pressure point that has weighed on shares. On October 27, 2026, BA stock closed at $168.18, down from $188.31, hitting a new 52-week low of $167.41 on more than four times normal volume. The market value was cited at $132.89 billion. Boeing also posted a $697 million operating loss for Commercial Airplanes, with a margin of -6.5%. CEO Kelly Ortberg said performance at Rate 47 is taking longer than expected, while the plan targets Rate 52 in the second half of 2027.