Boeing Co. (BA) shares climbed Thursday after the aerospace giant announced a double dose of good news from Vietnam: two substantial aircraft orders that together could total 90 jets. The headline deal is an order for up to 40 787 Dreamliners from Sun PhuQuoc Airways, which Boeing is calling the largest widebody aircraft order in Vietnam's history. Vietnam Airlines also finalized a commitment for 50 737-8 MAX airplanes, marking its first Boeing single-aisle order.

These aren't just big numbers—they're strategically timed. Vietnam is expected to be the fastest-growing aviation market in Southeast Asia, and Boeing is positioning itself right at the center of that expansion.

Sun PhuQuoc Airways Bets Big on Dreamliners

Sun Phu Quoc Airways is a new Vietnam-based carrier with ambitious plans. The airline intends to use the 787-9's long-range capabilities to connect its hub at Phu Quoc International Airport with major cities across Asia, Europe, and North America. That's the kind of routing strategy that makes sense for an island destination trying to become an international travel hub.

The 787-9 brings passenger comfort and operational efficiency to the table, which aligns nicely with Sun PhuQuoc's strategy to support and expand Vietnam's tourism sector. Since entering service, the 787 Dreamliner program has helped launch more than 535 new nonstop routes globally and carried over 1.2 billion passengers. It's proven itself as the go-to aircraft for airlines trying to open new long-haul markets.

With Vietnam's aviation growth trajectory looking steep, this order gives Boeing a strong foothold as airlines in the country ramp up international connectivity and long-haul capacity.

Vietnam Airlines Finally Goes Boeing for Single-Aisle

The second announcement involves Vietnam's flag carrier finalizing its first Boeing single-aisle order. Vietnam Airlines ordered 50 737-8 MAX airplanes to support its domestic and regional expansion as air travel demand continues climbing across Southeast Asia. The deal also strengthens the airline's fleet modernization plans and deepens its long-term partnership with Boeing.

Here's what's interesting: the combination of the 737 MAX for short- and medium-haul growth alongside the 787 Dreamliner for long-haul routes shows Boeing covering Vietnam's full spectrum of aviation needs. Whether it's domestic scale-up, regional connectivity, or international reach, Boeing has a plane for that.

What the Charts Say About Boeing

Boeing is currently trading 0.8% below its 20-day simple moving average but sits 4.6% above its 50-day SMA. That indicates some short-term softness while maintaining longer-term strength. Over the past 12 months, shares have climbed 28.35%, and they're currently closer to their 52-week highs than their lows.

The RSI stands at 51.92, which is neutral territory—meaning the stock is neither overbought nor oversold right now. Meanwhile, MACD is at 2.6960, below its signal line at 3.5765, indicating bearish pressure. The combination of neutral RSI and bearish MACD suggests mixed momentum, so traders might want to proceed with caution.

• Key Resistance: $248.00
• Key Support: $229.00

Looking Ahead: Earnings and Analyst Views

Boeing is scheduled to report its next financial update on April 22, 2026. Analysts are expecting a loss of 26 cents per share, which is actually an improvement from the prior loss of 49 cents. Revenue estimates sit at $22.07 billion, up from $19.50 billion. The stock trades at a P/E of 96.3x, indicating a premium valuation.

The analyst community maintains a Buy rating with an average price target of $252.00. Recent upgrades include:

• Jefferies: Buy (Raises Target to $295.00) (Feb. 2)
• JP Morgan: Overweight (Raises Target to $270.00) (Jan. 28)
• RBC Capital: Outperform (Raises Target to $275.00) (Jan. 28)

Boeing's ETF Exposure Matters

Boeing carries significant weight in several key aerospace and defense ETFs, which means fund flows can create automatic buying or selling pressure on the stock:

• iShares US Aerospace & Defense ETF (ITA): 8.37% Weight
• iShares Preferred and Income Securities ETF (PFF): 4.57% Weight
• Invesco Aerospace & Defense ETF (PPA): 9.00% Weight

Because Boeing represents such a substantial portion of these funds, any significant inflows or outflows will likely trigger automatic buying or selling of the stock.

BA (BA) Price Action: Boeing shares were up 0.18% at $239.35 during premarket trading on Thursday.