The Boeing Company (BA) Could Benefit From Its Massive Order Backlog, Mott Capital Believes

What happened: Mott Capital Management's Q3 2026 investor letter discussed The Boeing Company (NYSE:BA), saying the stock has been a dead weight but that its massive order backlog should eventually drive a higher share price. Key numbers: Mott Thematic Growth Strategy returned 9.01% YTD through Q3 2026 versus 12.75% for the S&P 500 Total Return Index. Why it matters: The manager cites Boeing's duopoly with Airbus and rising 737 MAX deliveries as signs it is slowly getting back on track, and expects the backlog to make the wait pay off. Market: -0.5% today ($174.68), -23.3% YTD, 0.2x vol — as of 19:33 UTC

Mott Capital Management's Q3 2026 investor letter discussed The Boeing Company (NYSE:BA), saying the stock has been a dead weight but that its massive order backlog should eventually drive a higher share price.

The manager cites Boeing's duopoly with Airbus and rising 737 MAX deliveries as signs it is slowly getting back on track, and expects the backlog to make the wait pay off. Market: -0.5% today ($174.68), -23.3% YTD, 0.2x vol — as of 19:33 UTC