Honeywell International (HON) Stock Forecast & Price Target

$225.89 -0.71 (-0.31%)

(As of 12/31/2024 05:50 PM ET)

Honeywell International - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 17 Analyst Ratings

Sell
0

Hold
10

Buy
7

Based on 17 Wall Street analysts who have issued ratings for Honeywell International in the last 12 months, the stock has a consensus rating of "Hold." Out of the 17 analysts, 10 have given a hold rating, 6 have given a buy rating, and 1 has given a strong buy rating for HON.

Consensus Price Target

$249.57
10.48% Upside

According to the 17 analysts' twelve-month price targets for Honeywell International, the average price target is $249.57. The highest price target for HON is $298.00, while the lowest price target for HON is $210.00. The average price target represents a forecasted upside of 10.48% from the current price of $225.89.

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HON Analyst Ratings Over Time

Type	Current Forecast 1/3/24 to 1/2/25	1 Month Ago 12/4/23 to 12/3/24	3 Months Ago 10/5/23 to 10/4/24	1 Year Ago 1/3/23 to 1/3/24
Strong Buy	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	4 Buy rating(s)	3 Buy rating(s)	3 Buy rating(s)
Hold	10 Hold rating(s)	9 Hold rating(s)	5 Hold rating(s)	5 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$249.57	$241.45	$223.13	$213.90
Forecasted Upside	10.48% Upside	6.39% Upside	9.49% Upside	4.58% Upside
Consensus Rating	Hold	Hold	Hold	Hold

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HON Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

HON Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Honeywell International Stock vs. The Competition

Type	Honeywell International	Multi-Sector Conglomerates Companies	S&P 500
Consensus Rating Score	2.47	2.66	2.51
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	10.48% Upside	26.96% Upside	14.94% Upside
News Sentiment Rating	Neutral News See Recent HON News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
12/17/2024	Jefferies Financial Group 2 of 5 stars		Boost Target	Hold ➝ Hold	$220.00 ➝ $260.00	+10.90%
12/12/2024	The Goldman Sachs Group 3 of 5 stars		Boost Target	Buy ➝ Buy	$227.00 ➝ $256.00	+11.58%
12/11/2024	Hsbc Global Res 0 of 5 stars	P. Garg Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
12/11/2024	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$290.00	+26.59%
12/9/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$244.00 ➝ $268.00	+18.39%
12/5/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$252.00 ➝ $260.00	+14.68%
Get the Latest News and Ratings for HON and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Honeywell International and its competitors with MarketBeat's FREE daily newsletter.
12/3/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Sector Perform ➝ Sector Perform	$253.00 ➝ $253.00	+13.00%
11/14/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$220.00 ➝ $240.00	+2.97%
11/13/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Karas Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral ➝ Buy	$215.00 ➝ $298.00	+27.44%
11/13/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$215.00 ➝ $254.00	+8.75%
10/28/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	N. Coe Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Peer Perform
10/25/2024	Baird R W Subscribe to MarketBeat All Access for the recommendation accuracy rating	P. Arment Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
10/25/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$235.00 ➝ $233.00	+11.98%
10/25/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Neutral	$223.00 ➝ $217.00	+3.78%
9/6/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Equal Weight	$210.00	+3.46%
6/5/2024	Daiwa America Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Nathan Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Moderate Buy
4/16/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Hold	$227.00 ➝ $215.00	+10.80%
3/6/2024	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$195.00 ➝ $240.00	+21.61%
4/28/2023	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$220.00 ➝ $225.00	+13.29%
2/3/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral	$202.00 ➝ $200.00	-3.56%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 07:29 AM ET.

Should I Buy Honeywell International Stock? HON Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, December 27, 2024. Please send any questions or comments about these Honeywell International pros and cons to contact@marketbeat.com.

Honeywell International
Bull Case

Here are some ways that investors could benefit from investing in Honeywell International Inc.:

The recent increase in the quarterly dividend to $1.13, up from $1.08, reflects the company's commitment to returning value to shareholders. This translates to an annualized dividend of $4.52, providing a yield of 1.94%, which can be attractive for income-focused investors.
Honeywell International Inc. has a strong market capitalization of $151.59 billion, indicating a robust financial position and stability, which can be appealing to investors looking for established companies.
The stock currently has a price-to-earnings (PE) ratio of 27.07, which, while higher than some competitors, suggests that investors are willing to pay a premium for the company's growth potential, especially in sectors like aerospace and industrial automation.
Recent analyst upgrades, including a price target increase from UBS Group to $298.00, indicate positive sentiment and potential for stock appreciation, which could benefit investors looking for capital gains.
With 75.91% of the stock owned by institutional investors, there is a strong level of confidence from large financial entities, which can be a positive signal for individual investors regarding the company's future prospects.

Honeywell International
Bear Case

Investors should be bearish about investing in Honeywell International Inc. for these reasons:

The stock has a PEG ratio of 2.85, which suggests that the stock may be overvalued relative to its earnings growth rate. A higher PEG ratio can indicate that the stock price is not justified by its expected growth, which may deter value investors.
Wolfe Research recently downgraded Honeywell International Inc. from an "outperform" to a "peer perform" rating, which may indicate a lack of confidence in the stock's ability to outperform its peers in the near term.
The beta of 1.05 indicates that the stock is slightly more volatile than the market. This could lead to larger price swings, which may not be suitable for risk-averse investors.
Despite the positive dividend news, the payout ratio of 52.19% suggests that over half of the company's earnings are being paid out as dividends, which could limit the funds available for reinvestment in growth opportunities.
With an average rating of "Hold" from analysts, there may be a lack of strong bullish sentiment, indicating that investors should be cautious about expecting significant short-term gains.

HON Forecast - Frequently Asked Questions

: According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for Honeywell International is $249.57, with a high forecast of $298.00 and a low forecast of $210.00.
: 17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Honeywell International in the last twelve months. There are currently 10 hold ratings, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" HON shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HON, but not buy additional shares or sell existing shares.
: According to analysts, Honeywell International's stock has a predicted upside of 10.48% based on their 12-month stock forecasts.
: Over the previous 90 days, Honeywell International's stock had 4 downgrades and 2 upgrades by analysts.
: Honeywell International has been rated by research analysts at Baird R W, Bank of America, Barclays, Citigroup, Hsbc Global Res, HSBC, Jefferies Financial Group, JPMorgan Chase & Co., Robert W. Baird, Royal Bank of Canada, The Goldman Sachs Group, UBS Group, Wells Fargo & Company, and Wolfe Research in the past 90 days.
: Analysts like Honeywell International less than other "multi-sector conglomerates" companies. The consensus rating for Honeywell International is Hold while the average consensus rating for "multi-sector conglomerates" companies is Moderate Buy. Learn more on how HON compares to other companies.

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This page (NASDAQ:HON) was last updated on 1/2/2025 by MarketBeat.com Staff

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Honeywell International (HON) Stock Forecast & Price Target