RTX Corp (RTX)
NYSE: RTX · IEX Real-Time Price · USD
97.53
+0.08 (0.08%)
At close: Mar 28, 2024, 4:00 PM
97.61
+0.08 (0.08%)
After-hours: Mar 28, 2024, 7:55 PM EDT

RTX Corp Stock Forecast

Stock Price Forecast

The 16 analysts with 12-month price forecasts for RTX Corp stock have an average target of 98.63, with a low estimate of 79 and a high estimate of 120. The average target predicts an increase of 1.13% from the current stock price of 97.53.

Analyst Consensus: Hold
Target Low Average Median High
Price $79 $98.63 $96 $120
Change -19.00% +1.13% -1.57% +23.04%

Analyst Ratings

The average analyst rating for RTX Corp stock from 18 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 000000
Buy 555445
Hold 121313141413
Sell 111000
Strong Sell 000000
Total 181919181818

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
TD Cowen
TD Cowen
Buy
Maintains
$106$115
Buy Maintains $106$115 +17.91% Mar 19, 2024
Wells Fargo
Wells Fargo
Buy
Upgrades
$100$120
Buy Upgrades $100$120 +23.04% Mar 14, 2024
Barclays
Barclays
Hold
Maintains
$75$90
Hold Maintains $75$90 -7.72% Jan 30, 2024
B of A Securities
B of A Securities
Hold
Upgrades
$78$100
Hold Upgrades $78$100 +2.53% Jan 25, 2024
RBC Capital
RBC Capital
Hold
Reiterates
$88
Hold Reiterates $88 -9.77% Jan 24, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
79.47B
from 68.92B
Increased by 15.31%
Revenue Next Year
84.39B
from 79.47B
Increased by 6.19%
EPS This Year
5.44
from 2.23
Increased by 143.92%
EPS Next Year
6.16
from 5.44
Increased by 13.29%
Year 2019202020212022202320242025202620272028
Revenue
45.35B56.59B64.39B67.07B68.92B79.47B84.39B89.54B91.43B96.78B
Revenue Growth
30.68%24.78%13.79%4.17%2.75%15.31%6.19%6.10%2.12%5.84%
EPS
6.41-2.592.563.502.235.446.166.847.42-
EPS Growth
-1.38%--36.72%-36.29%143.92%13.29%10.98%8.54%-
No. Analysts -----26261542
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 83.9B 89.5B 95.6B 97.6B 100.6B
Avg 79.5B 84.4B 89.5B 91.4B 96.8B
Low 76.6B 79.4B 83.8B 85.0B 93.9B

Revenue Growth

Revenue Growth 20242025202620272028
High
21.7%
12.7%
13.2%
9.0%
10.0%
Avg
15.3%
6.2%
6.1%
2.1%
5.8%
Low
11.2%
-0.0%
-0.7%
-5.1%
2.7%

EPS Forecast

EPS 2024202520262027
High 5.83 7.05 7.61 8.49
Avg 5.44 6.16 6.84 7.42
Low 5.09 5.12 5.24 5.87

EPS Growth

EPS Growth 2024202520262027
High
161.4%
29.5%
23.5%
24.2%
Avg
143.9%
13.3%
11.0%
8.5%
Low
128.1%
-6.0%
-14.9%
-14.2%
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.