RTX Corp (RTX)
NYSE: RTX · IEX Real-Time Price · USD
104.18
-0.06 (-0.06%)
At close: May 17, 2024, 4:00 PM
104.70
+0.52 (0.50%)
Pre-market: May 20, 2024, 8:37 AM EDT
RTX Corp Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for RTX Corp stock have an average target of 102, with a low estimate of 79 and a high estimate of 141. The average target predicts a decrease of -2.09% from the current stock price of 104.18.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for RTX Corp stock from 15 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 5 | 4 | 4 | 5 | 4 | 4 |
| Hold | 13 | 14 | 14 | 13 | 11 | 11 |
| Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 19 | 18 | 18 | 18 | 15 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Maintains $119 → $141 | Buy | Maintains | $119 → $141 | +35.34% | May 17, 2024 |
| Barclays | Barclays | Hold Maintains $90 → $100 | Hold | Maintains | $90 → $100 | -4.01% | Apr 30, 2024 |
| Citigroup | Citigroup | Hold Maintains $95 → $110 | Hold | Maintains | $95 → $110 | +5.59% | Apr 24, 2024 |
| B of A Securities | B of A Securities | Hold Maintains $100 → $110 | Hold | Maintains | $100 → $110 | +5.59% | Apr 24, 2024 |
| UBS | UBS | Hold Maintains $103 → $105 | Hold | Maintains | $103 → $105 | +0.79% | Apr 24, 2024 |
Financial Forecast
Revenue This Year
79.50B
from 68.92B
Increased by 15.35%
Revenue Next Year
84.40B
from 79.50B
Increased by 6.15%
EPS This Year
5.44
from 2.23
Increased by 144.07%
EPS Next Year
6.17
from 5.44
Increased by 13.41%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 83.9B | 89.7B | 96.0B | 98.9B | 99.1B |
| Avg | 79.5B | 84.4B | 89.6B | 92.0B | 93.4B |
| Low | 76.6B | 79.4B | 83.8B | 86.5B | 88.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 21.7% | 12.8% | 13.7% | 10.4% | 7.7% |
| Avg | 15.4% | 6.2% | 6.2% | 2.7% | 1.5% |
| Low | 11.2% | -0.1% | -0.7% | -3.4% | -3.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.83 | 7.12 | 7.72 | 8.01 | 7.54 |
| Avg | 5.44 | 6.17 | 6.85 | 6.72 | 6.74 |
| Low | 5.09 | 5.12 | 5.24 | 5.53 | 6.05 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 161.4% | 30.8% | 25.0% | 16.9% | 12.2% |
| Avg | 144.1% | 13.4% | 11.0% | -1.9% | 0.3% |
| Low | 128.1% | -6.0% | -15.1% | -19.3% | -10.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.