RTX Corporation (RTX)

RTX Corporation Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for RTX Corporation stock have an average target of 132.14, with a low estimate of 104 and a high estimate of 150. The average target predicts an increase of 13.46% from the current stock price of 116.47.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$104	$132.14	$133	$150
Change	-10.70%	+13.46%	+14.20%	+28.79%

Analyst Ratings

The average analyst rating for RTX stock from 14 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	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	2	2	2	2	2	2
Buy	4	4	4	4	4	5
Hold	9	9	9	9	9	7
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	15	15	15	15	15	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ken Herbert RBC Capital	RBC Capital	Hold → Buy Upgrades $130 → $140	Hold → Buy	Upgrades	$130 → $140	+20.21%	Dec 19, 2024
David Strauss Barclays	Barclays	Hold Maintains $108 → $130	Hold	Maintains	$108 → $130	+11.62%	Oct 29, 2024
Ken Herbert RBC Capital	RBC Capital	Hold Maintains $115 → $130	Hold	Maintains	$115 → $130	+11.62%	Oct 23, 2024
Gavin Parsons UBS	UBS	Hold Maintains $126 → $133	Hold	Maintains	$126 → $133	+14.20%	Oct 23, 2024
Charles Minervino Susquehanna	Susquehanna	Buy Maintains $140 → $150	Buy	Maintains	$140 → $150	+28.79%	Oct 23, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

80.53B

Increased by 16.84%

from 68.92B

Revenue Next Year

85.48B

Increased by 6.16%

from 80.53B

EPS This Year

5.63

Increased by 152.49%

from 2.23

EPS Next Year

6.17

Increased by 9.52%

from 5.63

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	45.35B	56.59B	64.39B	67.07B	68.92B	80.53B	85.48B	90.57B
Revenue Growth	30.68%	24.78%	13.79%	4.17%	2.75%	16.84%	6.16%	5.95%
EPS	6.41	-2.59	2.56	3.50	2.23	5.63	6.17	6.91
EPS Growth	-1.49%	-	-	36.71%	-36.23%	152.49%	9.52%	12.10%
Forward PE	-	-	-	-	-	20.68	18.89	16.85
No. Analysts	-	-	-	-	-	26	26	21

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028	2029
High	84.0B	90.3B	96.9B
Avg	80.5B	85.5B	90.6B
Low	77.7B	81.5B	85.4B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028	2029
High	21.8%	12.1%	13.4%
Avg	16.8%	6.2%	5.9%
Low	12.8%	1.2%	-0.1%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	5.94	6.70	7.67
Avg	5.63	6.17	6.91
Low	5.39	5.46	5.68

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	166.5%	19.0%	24.3%
Avg	152.5%	9.5%	12.1%
Low	141.7%	-3.1%	-7.8%

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.