European Investor
28 Sep 2026, 19:03
Boeing Stock Falls 6.2% After Jefferies Downgrade and 737 MAX Software Issue
Boeing shares fell 6.2% to $185.88 after Jefferies downgraded the stock to Neutral from Buy, while concerns around a newly reported 737 MAX software issue added further pressure.
According to The Motley Fool, citing The Wall Street Journal, Boeing identified a software glitch affecting an automated navigation function on the 737 MAX that could fail during a missed landing approach and require pilots to take manual control.
Boeing said the issue does not create a safety risk, but the FAA is reviewing the problem. Southwest Airlines and United Airlines have also reportedly told Boeing they will not accept new 737 MAX aircraft with the affected software installed.
A temporary workaround could involve reinstalling an earlier software version, while Boeing is reportedly working toward a permanent fix by early 2028.
The stock decline reflects a combination of renewed execution concerns around the 737 MAX and the Jefferies downgrade, with investors focusing on possible delivery delays, regulatory scrutiny and Boeing’s ability to stabilize production.
Boeing shares fell 6.2% to $185.88 after Jefferies downgraded the stock to Neutral from Buy, while concerns around a newly reported 737 MAX software issue added further pressure.
According to The Motley Fool, citing The Wall Street Journal, Boeing identified a software glitch affecting an automated navigation function on the 737 MAX that could fail during a missed landing approach and require pilots to take manual control.
Boeing said the issue does not create a safety risk, but the FAA is reviewing the problem. Southwest Airlines and United Airlines have also reportedly told Boeing they will not accept new 737 MAX aircraft with the affected software installed.
A temporary workaround could involve reinstalling an earlier software version, while Boeing is reportedly working toward a permanent fix by early 2028.
The stock decline reflects a combination of renewed execution concerns around the 737 MAX and the Jefferies downgrade, with investors focusing on possible delivery delays, regulatory scrutiny and Boeing’s ability to stabilize production.
