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RTX (RTX) Stock Forecast & Price Target

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$118.65 -2.12 (-1.76%)
(As of 11/25/2024 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
8
Buy
6

Based on 14 Wall Street analysts who have issued ratings for RTX in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 14 analysts, 8 have given a hold rating, 4 have given a buy rating, and 2 have given a strong buy rating for RTX.

Consensus Price Target

$177.27
49.40% 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 49.40% from the current price of $118.65.
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RTX Analyst Ratings Over Time

TypeCurrent Forecast
11/27/23 to 11/26/24
1 Month Ago
10/28/23 to 10/27/24
3 Months Ago
8/29/23 to 8/28/24
1 Year Ago
11/27/22 to 11/27/23
Strong Buy
2 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
8 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 Upside49.40% Upside34.68% Upside27.00% Upside13.49% Upside
Consensus Rating
Moderate Buy
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.
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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
2.57
2.64
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside49.40% Upside65.20% Upside6.37% Upside
News Sentiment Rating
Positive News

See Recent RTX News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/21/2024Wells Fargo & Company
3 of 5 stars
M. Akers
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UpgradeHold ➝ Strong-Buy
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
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 Boost TargetNeutral ➝ Neutral$126.00 ➝ $133.00+5.01%
10/23/2024Susquehanna
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 Boost TargetPositive ➝ Positive$140.00 ➝ $150.00+19.14%
10/23/2024Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$120.00 ➝ $130.00+3.55%
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10/10/2024Citigroup
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 Boost TargetNeutral ➝ Neutral$122.00 ➝ $132.00+7.71%
10/8/2024TD Cowen
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G. Khanna
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UpgradeStrong-Buy
10/3/2024Deutsche Bank Aktiengesellschaft
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 UpgradeSell ➝ Hold$109.00 ➝ $129.00+4.00%
7/31/2024Bank of America
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 UpgradeNeutral ➝ Buy$110.00 ➝ $140.00+19.78%
7/30/2024Alembic Global Advisors
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 UpgradeNeutral ➝ Overweight$134.00+17.09%
7/29/2024The Goldman Sachs Group
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 Boost TargetNeutral ➝ Neutral$94.00 ➝ $104.00-8.74%
7/29/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$110.00 ➝ $130.00+14.09%
7/26/2024Robert W. Baird
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 Boost TargetNeutral ➝ Neutral$105.00 ➝ $115.00+1.38%
7/24/2024Melius Research
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 Boost Target$490.00 ➝ $493.00+369.21%
11/15/2023Redburn Atlantic
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 DowngradeOverweight ➝ Neutral
10/27/2023DZ Bank
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 DowngradeHold ➝ Sell$79.00 ➝ $68.00-13.67%
7/31/2023Argus
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 DowngradeBuy ➝ Hold
4/20/2023Jefferies Financial Group
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 DowngradeBuy ➝ Hold$115.00 ➝ $110.00+5.68%
4/12/2023Wolfe Research
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 UpgradePeer Perform ➝ Outperform$117.00+17.33%
1/25/2023Credit Suisse Group
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 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 Tuesday at 02:42 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 Friday, November 22, 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. recently reported earnings per share (EPS) of $1.45, exceeding analysts' expectations of $1.34, indicating strong financial performance and effective management.
  • The company has a solid revenue growth of 6.0% year-over-year, with reported revenue of $20.09 billion, which suggests a robust demand for its products and services.
  • RTX Co. has a current stock price of $118.53, which is below the average target price of $177.27 set by analysts, indicating potential for price appreciation.
  • The company declared a quarterly dividend of $0.63 per share, translating to an annualized dividend of $2.52 and a yield of 2.13%, providing a steady income stream for investors.
  • Recent upgrades from multiple analysts, including a price target increase from $140.00 to $150.00 by Susquehanna, reflect positive market sentiment and confidence in the company's future performance.

RTX
Bear Case

red Wall Street bear icon

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

  • The stock has a relatively high price-to-earnings (P/E) ratio of 33.87, which may indicate that the stock is overvalued compared to its earnings, potentially leading to a price correction.
  • RTX Co. has a debt-to-equity ratio of 0.62, which, while manageable, suggests that the company is using a significant amount of debt to finance its operations, posing a risk if market conditions change.
  • Despite recent positive earnings, the company has a dividend payout ratio of 72.00%, which indicates that a large portion of earnings is being paid out as dividends, leaving less room for reinvestment in growth opportunities.
  • Analysts have assigned a majority "hold" rating to the stock, with nine analysts recommending to hold rather than buy, suggesting caution among market experts.
  • The stock has experienced volatility, with a 1-year low of $78.00 and a high of $128.70, indicating potential risks associated with price fluctuations.

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 analysts have issued "buy," "hold," and "sell" ratings for RTX in the last twelve months. There are currently 8 hold ratings, 4 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" RTX shares.

According to analysts, RTX's stock has a predicted upside of 49.40% based on their 12-month stock forecasts.

Over the previous 90 days, RTX's stock had 3 upgrades by analysts.

Analysts like RTX less than other "aerospace" companies. The consensus rating score for RTX is 2.57 while the average consensus rating score for "aerospace" companies is 2.64. Learn more on how RTX compares to other companies.


This page (NYSE:RTX) was last updated on 11/26/2024 by MarketBeat.com Staff
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