Textron Inc. (TXT)
NYSE: TXT · Real-Time Price · USD
85.38
+1.42 (1.69%)
Nov 22, 2024, 4:00 PM EST - 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 18.95% from the current stock price of 85.38.
Analyst Consensus: Buy
* Price targets were last updated on Oct 25, 2024.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 3 | 3 | 3 |
| Buy | 4 | 3 | 2 | 2 | 2 | 2 |
| Hold | 3 | 1 | 2 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 12 | 9 | 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 | -7.47% | Oct 25, 2024 |
| Baird | Baird | Buy Maintains $109 → $100 | Buy | Maintains | $109 → $100 | +17.12% | Oct 25, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $100 → $95 | Hold | Maintains | $100 → $95 | +11.27% | Oct 14, 2024 |
| TD Cowen | TD Cowen | Strong Buy → Hold Downgrades $103 → $95 | Strong Buy → Hold | Downgrades | $103 → $95 | +11.27% | Sep 25, 2024 |
| Morgan Stanley | Morgan Stanley | Buy → Hold Downgrades $95 | Buy → Hold | Downgrades | $95 | +11.27% | Aug 8, 2024 |
Financial Forecast
Revenue This Year
14.00B
from 13.68B
Increased by 2.33%
Revenue Next Year
15.06B
from 14.00B
Increased by 7.58%
EPS This Year
5.58
from 4.57
Increased by 22.18%
EPS Next Year
6.76
from 5.58
Increased by 21.29%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.6B | 16.3B | 17.1B | ||
| Avg | 14.0B | 15.1B | 15.6B | ||
| Low | 13.5B | 14.0B | 14.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.1% | 16.4% | 13.4% | ||
| Avg | 2.3% | 7.6% | 3.8% | ||
| Low | -1.2% | -0.3% | -6.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.93 | 7.51 | 8.57 | ||
| Avg | 5.58 | 6.76 | 7.56 | ||
| Low | 5.31 | 6.01 | 6.21 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 29.9% | 34.6% | 26.7% | ||
| Avg | 22.2% | 21.3% | 11.8% | ||
| Low | 16.4% | 7.7% | -8.2% |
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.