Free Trial

RTX (RTX) Stock Forecast & Price Target

RTX logo
$120.14 +0.99 (+0.83%)
(As of 11/21/2024 ET)

RTX - Analysts' Recommendations and Stock Price Forecast (2024)

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

Sell
0
Hold
9
Buy
5

Based on 14 Wall Street analysts who have issued ratings for RTX in the last 12 months, the stock has a consensus rating of "Hold." Out of the 14 analysts, 9 have given a hold rating, 4 have given a buy rating, and 1 has given a strong buy rating for RTX.

Consensus Price Target

$177.27
47.55% Upside
According to the 14 analysts' twelve-month price targets for RTX, the average price target is $177.27. The highest price target for RTX is $493.00, while the lowest price target for RTX is $104.00. The average price target represents a forecasted upside of 47.55% from the current price of $120.14.
Get the Latest News and Ratings for RTX and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for RTX and its competitors.

Sign Up

RTX Analyst Ratings Over Time

TypeCurrent Forecast
11/23/23 to 11/22/24
1 Month Ago
10/24/23 to 10/23/24
3 Months Ago
8/25/23 to 8/24/24
1 Year Ago
11/23/22 to 11/23/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
5 Buy rating(s)
3 Buy rating(s)
Hold
9 Hold rating(s)
10 Hold rating(s)
10 Hold rating(s)
13 Hold rating(s)
Sell
0 Sell rating(s)
1 Sell rating(s)
2 Sell rating(s)
3 Sell rating(s)
Consensus Price Target$177.27$168.56$153.47$90.21
Forecasted Upside47.55% Upside32.51% Upside29.49% Upside13.02% Upside
Consensus Rating
Hold
Hold
Hold
Hold

RTX 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.
Skip Chart & View Analyst Rating History

RTX 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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

RTX Stock vs. The Competition

TypeRTXAerospace CompaniesS&P 500
Consensus Rating Score
2.43
2.64
2.50
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside47.55% Upside85.87% Upside8.53% Upside
News Sentiment Rating
Positive News

See Recent RTX News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/29/2024Barclays
3 of 5 stars
 Boost TargetEqual Weight ➝ Equal Weight$108.00 ➝ $130.00+3.61%
10/23/2024Royal Bank of Canada
4 of 5 stars
 Boost TargetSector Perform ➝ Sector Perform$115.00 ➝ $130.00+2.27%
10/23/2024UBS Group
4 of 5 stars
 Boost TargetNeutral ➝ Neutral$126.00 ➝ $133.00+5.01%
10/23/2024Susquehanna
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetPositive ➝ Positive$140.00 ➝ $150.00+19.14%
10/23/2024Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetEqual Weight ➝ Equal Weight$120.00 ➝ $130.00+3.55%
10/10/2024Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutral ➝ Neutral$122.00 ➝ $132.00+7.71%
10/8/2024TD Cowen
Subscribe to MarketBeat All Access for the recommendation accuracy rating
G. Khanna
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeStrong-Buy
10/3/2024Deutsche Bank Aktiengesellschaft
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeSell ➝ Hold$109.00 ➝ $129.00+4.00%
7/31/2024Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeNeutral ➝ Buy$110.00 ➝ $140.00+19.78%
7/30/2024Alembic Global Advisors
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeNeutral ➝ Overweight$134.00+17.09%
7/29/2024The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutral ➝ Neutral$94.00 ➝ $104.00-8.74%
7/29/2024JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$110.00 ➝ $130.00+14.09%
7/26/2024Robert W. Baird
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutral ➝ Neutral$105.00 ➝ $115.00+1.38%
7/24/2024Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating
M. Akers
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower TargetEqual Weight ➝ Equal Weight$491.00 ➝ $467.00+345.48%
7/24/2024Melius Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost Target$490.00 ➝ $493.00+369.21%
11/15/2023Redburn Atlantic
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeOverweight ➝ Neutral
10/27/2023DZ Bank
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeHold ➝ Sell$79.00 ➝ $68.00-13.67%
7/31/2023Argus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Hold
4/20/2023Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Hold$115.00 ➝ $110.00+5.68%
4/12/2023Wolfe Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradePeer Perform ➝ Outperform$117.00+17.33%
1/25/2023Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutral$103.00 ➝ $106.00+5.99%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 03:29 AM ET.


Should I Buy RTX Stock? RTX 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 Thursday, November 7, 2024. Please send any questions or comments about these RTX pros and cons to contact@marketbeat.com.

RTX
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in RTX Co.:

  • RTX Co. has received positive price target revisions from multiple analysts, indicating potential for stock price appreciation.
  • Strong institutional investor ownership, with hedge funds holding a significant portion of the company's stock, can provide stability and confidence in the investment.
  • Recent insider selling activity could be seen as profit-taking, potentially signaling that insiders believe the stock has reached a high valuation.
  • RTX Co. operates in the aerospace and defense sector, which can be resilient during economic downturns due to government contracts and defense spending.
  • Analysts have given RTX Co. a consensus rating of "Hold" with an average price target above the current stock price, suggesting room for growth.

RTX
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in RTX Co. for these reasons:

  • Recent insider selling of company stock by insiders may raise concerns about their confidence in the company's future performance.
  • While analysts have provided positive price targets, there is a risk of overvaluation if the stock price has already factored in all positive expectations.
  • High institutional ownership can sometimes lead to herd behavior in trading, potentially amplifying market volatility for RTX Co.'s stock.
  • The aerospace and defense industry can be subject to geopolitical risks and government budget cuts, impacting RTX Co.'s revenue and profitability.
  • With a consensus rating of "Hold" and mixed analyst opinions, there may be uncertainty surrounding the company's future growth prospects.

RTX Forecast - Frequently Asked Questions

According to the research reports of 14 Wall Street equities research analysts, the average twelve-month stock price forecast for RTX is $177.27, with a high forecast of $493.00 and a low forecast of $104.00.

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for RTX in the last twelve months. There are currently 9 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" RTX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RTX, but not buy additional shares or sell existing shares.

According to analysts, RTX's stock has a predicted upside of 47.55% based on their 12-month stock forecasts.

Over the previous 90 days, RTX's stock had 2 upgrades by analysts.

RTX has been rated by research analysts at Barclays, Citigroup, Deutsche Bank Aktiengesellschaft, Morgan Stanley, Royal Bank of Canada, Susquehanna, TD Cowen, and UBS Group in the past 90 days.

Analysts like RTX less than other "aerospace" companies. The consensus rating for RTX is Hold while the average consensus rating for "aerospace" companies is Moderate Buy. Learn more on how RTX compares to other companies.


This page (NYSE:RTX) was last updated on 11/22/2024 by MarketBeat.com Staff
From Our Partners