
Raytheon Technologies (RTX) Stock Forecast & Price Target
Raytheon Technologies (RTX) Analyst Ratings
Bulls say
The financial performance of RTX demonstrates a solid upward trajectory, highlighted by a 19% increase in commercial aftermarket sales within Pratt & Whitney, fueled by strong demand for both the GTF and V2500 engines. The company achieved total organic sales growth of 9%, reaching $21.6 billion, which surpassed internal estimates and beat market consensus by approximately 5%. Additionally, overall original equipment (OE) growth rose by 7%, with Pratt & Whitney contributing significantly to this expansion, indicating robust operational performance and positive market dynamics in key business segments.
Bears say
RTX faces significant challenges that contribute to a negative outlook, primarily due to a slower than anticipated recovery in the commercial aerospace markets coupled with delays in defense contract awards both domestically and internationally. The company has reported ongoing losses of approximately $1 million for each newly delivered GTF engine, which indicates persistent financial strain in its commercial aircraft engine segment. Additionally, RTX experiences pressure in the engine casting and forgings market, further complicating its operational situation within the aerospace sector.
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