Textron Inc. (TXT)
NYSE: TXT · IEX Real-Time Price · USD
90.33
-2.29 (-2.47%)
Jul 19, 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 98.56, with a low estimate of 81 and a high estimate of 120. The average target predicts an increase of 9.11% from the current stock price of 90.33.
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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
---|---|---|---|---|---|---|
Strong Buy | 3 | 4 | 4 | 4 | 4 | 4 |
Buy | 4 | 4 | 4 | 4 | 4 | 3 |
Hold | 5 | 4 | 3 | 3 | 3 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
Total | 13 | 13 | 12 | 12 | 12 | 9 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
TD Cowen | TD Cowen | Strong Buy Maintains $100 → $103 | Strong Buy | Maintains | $100 → $103 | +14.03% | Jul 19, 2024 |
Susquehanna | Susquehanna | Buy Maintains $110 → $105 | Buy | Maintains | $110 → $105 | +16.24% | Apr 26, 2024 |
Goldman Sachs | Goldman Sachs | Strong Buy Maintains $103 → $120 | Strong Buy | Maintains | $103 → $120 | +32.85% | Apr 16, 2024 |
Citigroup | Citigroup | Strong Buy Maintains $104 → $111 | Strong Buy | Maintains | $104 → $111 | +22.88% | Apr 4, 2024 |
B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $85 → $105 | Hold → Strong Buy | Upgrades | $85 → $105 | +16.24% | Mar 8, 2024 |
Financial Forecast
Revenue This Year
14.64B
from 13.68B
Increased by 6.97%
Revenue Next Year
15.39B
from 14.64B
Increased by 5.13%
EPS This Year
6.37
from 4.56
Increased by 39.68%
EPS Next Year
6.95
from 6.37
Increased by 9.17%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 15.6B | 16.6B | 17.2B | 17.7B | 18.5B |
Avg | 14.6B | 15.4B | 15.9B | 16.7B | 17.6B |
Low | 13.9B | 14.5B | 14.2B | 15.5B | 17.0B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 13.8% | 13.6% | 11.5% | 11.5% | 10.6% |
Avg | 7.0% | 5.1% | 3.1% | 5.2% | 5.6% |
Low | 1.7% | -0.8% | -7.8% | -2.1% | 1.7% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 6.72 | 7.63 | 8.55 | 9.14 | 9.73 |
Avg | 6.37 | 6.95 | 7.55 | 8.45 | 9.36 |
Low | 6.03 | 5.52 | 6.21 | 7.74 | 9.08 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 47.4% | 19.8% | 22.9% | 21.0% | 15.2% |
Avg | 39.7% | 9.2% | 8.6% | 11.9% | 10.8% |
Low | 32.2% | -13.4% | -10.6% | 2.5% | 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.