Textron Inc. (TXT)
NYSE: TXT · IEX Real-Time Price · USD
89.02
-0.15 (-0.17%)
May 20, 2024, 4:00 PM EDT - Market closed
Textron Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Textron stock have an average target of 92.73, with a low estimate of 70 and a high estimate of 120. The average target predicts an increase of 4.17% from the current stock price of 89.02.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Textron stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 4 | 4 | 4 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 5 | 5 | 5 | 4 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 13 | 13 | 13 | 13 | 12 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Susquehanna | Susquehanna | Buy Maintains $110 → $105 | Buy | Maintains | $110 → $105 | +17.95% | Apr 26, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $103 → $120 | Strong Buy | Maintains | $103 → $120 | +34.80% | Apr 16, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $104 → $111 | Strong Buy | Maintains | $104 → $111 | +24.69% | Apr 4, 2024 |
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $85 → $105 | Hold → Strong Buy | Upgrades | $85 → $105 | +17.95% | Mar 8, 2024 |
| UBS | UBS | Strong Sell Maintains $77 → $81 | Strong Sell | Maintains | $77 → $81 | -9.01% | Jan 26, 2024 |
Financial Forecast
Revenue This Year
14.81B
from 13.68B
Increased by 8.22%
Revenue Next Year
15.52B
from 14.81B
Increased by 4.83%
EPS This Year
6.37
from 4.56
Increased by 39.78%
EPS Next Year
6.86
from 6.37
Increased by 7.58%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.6B | 16.8B | 17.4B | 17.7B | 18.5B |
| Avg | 14.8B | 15.5B | 16.1B | 16.7B | 17.6B |
| Low | 14.2B | 14.4B | 14.2B | 15.5B | 17.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.9% | 13.7% | 11.9% | 10.1% | 10.6% |
| Avg | 8.2% | 4.8% | 3.6% | 3.8% | 5.6% |
| Low | 3.8% | -2.5% | -8.3% | -3.3% | 1.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.81 | 7.73 | 8.62 | 9.14 | 9.73 |
| Avg | 6.37 | 6.86 | 7.59 | 8.45 | 9.36 |
| Low | 6.03 | 5.65 | 6.21 | 7.74 | 9.08 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 49.4% | 21.3% | 25.7% | 20.3% | 15.2% |
| Avg | 39.8% | 7.6% | 10.7% | 11.3% | 10.8% |
| Low | 32.2% | -11.3% | -9.4% | 1.9% | 7.5% |
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.