
Raytheon Technologies (RTX) Stock Forecast & Price Target
Raytheon Technologies (RTX) Analyst Ratings
Bulls say
RTX has demonstrated strong performance in the aerospace and defense sectors, with total adjusted and organic sales increasing by 9% to $21.6 billion, surpassing expected estimates and consensus forecasts. The Pratt & Whitney segment significantly contributed to this growth, with commercial aftermarket sales rising by 19%, bolstered by heightened volumes from the GTF and V2500 engines. Overall, the company's original equipment (OE) growth totaled 7%, primarily driven by a favorable split in large commercial engines and robust performance in Pratt Canada, underscoring its solid market position and operational effectiveness.
Bears say
RTX faces significant challenges primarily due to a slower-than-expected recovery in the commercial aerospace market, which may hinder overall revenue growth. Additionally, the company has been reporting a loss of approximately $1 million on each new GTF engine delivery, compounding financial pressures. Furthermore, persistent pressure in the engine casting and forgings sector adds another layer of uncertainty to RTX's profitability and market position.
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
Start investing in Raytheon Technologies (RTX)
Order type
Buy in
Order amount
Est. shares
0 shares