
Raytheon Technologies (RTX) Stock Forecast & Price Target
Raytheon Technologies (RTX) Analyst Ratings
Bulls say
RTX has demonstrated robust financial performance, with total adjusted and organic sales increasing by 9% to $21.6 billion, exceeding both internal estimates and market consensus. Strong contributions from Pratt & Whitney, particularly with a 19% rise in commercial aftermarket sales driven by higher demand for GTF and V2500 engines, highlight the company's competitive position in the aerospace sector. Additionally, overall original equipment (OE) growth of 7% reflects a strong market response, with a notable 15% increase attributed to Pratt & Whitney’s favorable large commercial engine split and higher volumes from Pratt Canada.
Bears say
RTX faces a negative outlook due to the anticipated slower recovery in the commercial aerospace markets, which is compounded by delays in defense contract awards both domestically and internationally. The company reported a loss of approximately $1 million on each new GTF engine delivery, indicating significant financial strain in its aerospace segment. Additionally, pressures in the engine casting and forgings market further complicate RTX's recovery prospects, creating further uncertainty for the company's financial health.
This aggregate rating is based on analysts' research of Raytheon Technologies and is not a guaranteed prediction by Public.com or investment advice.
Raytheon Technologies (RTX) Analyst Forecast & Price Prediction
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