Textron Inc. (TXT)
NYSE: TXT · Real-Time Price · USD
82.35
+0.86 (1.06%)
Oct 25, 2024, 4:00 PM EDT - Market closed
Textron Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Textron stock have an average target of 101.56, with a low estimate of 79 and a high estimate of 120. The average target predicts an increase of 23.33% from the current stock price of 82.35.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Textron stock from 9 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 3 | 3 |
| Buy | 4 | 4 | 3 | 2 | 2 | 2 |
| Hold | 3 | 3 | 1 | 2 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 12 | 12 | 9 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Sell Maintains $87 → $79 | Strong Sell | Maintains | $87 → $79 | -4.07% | Oct 25, 2024 |
| Baird | Baird | Buy Maintains $109 → $100 | Buy | Maintains | $109 → $100 | +21.43% | Oct 25, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $100 → $95 | Hold | Maintains | $100 → $95 | +15.36% | Oct 14, 2024 |
| TD Cowen | TD Cowen | Strong Buy → Hold Downgrades $103 → $95 | Strong Buy → Hold | Downgrades | $103 → $95 | +15.36% | Sep 25, 2024 |
| Morgan Stanley | Morgan Stanley | Buy → Hold Downgrades $95 | Buy → Hold | Downgrades | $95 | +15.36% | Aug 8, 2024 |
Financial Forecast
Revenue This Year
14.63B
from 13.68B
Increased by 6.90%
Revenue Next Year
15.48B
from 14.63B
Increased by 5.86%
EPS This Year
6.37
from 4.57
Increased by 39.53%
EPS Next Year
7.15
from 6.37
Increased by 12.29%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.5B | 16.7B | 17.3B | ||
| Avg | 14.6B | 15.5B | 16.0B | ||
| Low | 13.9B | 14.6B | 14.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.4% | 14.2% | 11.7% | ||
| Avg | 6.9% | 5.9% | 3.2% | ||
| Low | 1.9% | -0.4% | -8.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.71 | 7.82 | 8.87 | ||
| Avg | 6.37 | 7.15 | 7.82 | ||
| Low | 5.93 | 6.62 | 6.37 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 47.0% | 22.8% | 24.0% | ||
| Avg | 39.5% | 12.3% | 9.3% | ||
| Low | 29.9% | 4.0% | -10.9% |
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.