Summary:
- RTX Corporation (RTX, Financial) exceeded expectations in its second-quarter earnings report.
- Analysts provide an average price target for RTX at $147.50, with a recommendation of "Outperform."
- GuruFocus estimates suggest a potential downside in stock valuation over the next year.
Introduction
RTX Corporation (NYSE: RTX), a major player in the aerospace and defense sector, has outperformed market predictions in its second-quarter revenue and profit reports. This positive momentum prompted a revision in its fiscal year 2025 outlook. Additionally, the company's strategic landscape is set to evolve following the completion of Safran's acquisition of Collins Aerospace's flight controls division.
Wall Street Analysts' Outlook
According to a consensus of 21 analysts, the one-year average price target for RTX Corporation is projected at $147.50. This projection includes a high estimate of $182.00 and a low estimate of $99.00. The average target price indicates an anticipated downside of 2.68% from the current trading price of $151.56. For a deeper dive into these projections, please visit the RTX Corp (RTX, Financial) Forecast page.
Analyst Recommendations
Across 25 brokerage firms, RTX Corporation has secured an average recommendation rating of 2.2, which corresponds to an "Outperform" status. It is worth noting that the rating scale ranges from 1 to 5, where 1 signifies a Strong Buy and 5 indicates a Sell.
GuruFocus Valuation
Looking at GuruFocus estimates, the GF Value for RTX Corp is calculated to be $135.57 for the coming year. This suggests a potential downside of 10.55% from the current market price of $151.56. The GF Value is derived from historical trading multiples and an analysis of past and prospective business growth. More comprehensive data on RTX's valuation can be found on the RTX Corp (RTX, Financial) Summary page.