WallStreetZen

NYSE: RTX
Raytheon Technologies Corp Stock Forecast, Predictions & Price Target

Analyst price target for RTX

Based on 8 analysts offering 12 month price targets for Raytheon Technologies Corp.
Min Forecast
$79.00-9.14%
Avg Forecast
$94.75+8.97%
Max Forecast
$105.00+20.76%

Should I buy or sell RTX stock?

Based on 9 analysts offering ratings for Raytheon Technologies Corp.
Strong Buy
Strong Buy
5 analysts 55.56%
Buy
3 analysts 33.33%
Hold
1 analysts 11.11%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

RTX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Argus Research
Top 19%
82
Strong BuyUpgrades$100.00+15.01%2021-07-29
Susquehanna
Top 28%
73
Strong BuyMaintains$105.00+20.76%2021-07-28
Jefferies
Top 30%
71
Strong BuyMaintains$105.00+20.76%2021-06-03
Redburn Partners
Bottom 31%
31
Strong BuyInitiates Coverage OnN/AN/A2021-05-07
JP Morgan
Bottom 9%
9
Strong BuyUpgrades$79.00-9.14%2020-11-10
Anonymous
Credit Suisse
BuyMaintains$95.00+9.26%2021-05-19
Credit Suisse
Top 29%
72
BuyMaintains$90.00+3.51%2021-04-14
Wolfe Research
Bottom 34%
34
BuyInitiates Coverage On$97.00+11.56%2021-04-09
Wells Fargo
Top 46%
55
HoldInitiates Coverage On$87.00+0.06%2021-05-13

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Forecast return on equity

Is RTX forecast to generate an efficient return?
Company
13.78%
Industry
17.51%
Market
59.33%
RTX's Return on Equity is forecast to be low in 3 years (13.78%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is RTX forecast to generate an efficient return on assets?
Company
6.17%
Industry
7.7%
Market
15.31%
RTX is forecast to generate lower Return on Assets (6.17%) than the US Aerospace & Defense industry average (7.7%)
Forecast

RTX earnings per share forecast

What is RTX's earnings per share in the next 3 years based on estimates from 1 analysts?
Avg 1 year Forecast
$3.95+153.21%
Avg 2 year Forecast
$4.82+208.76%
Avg 3 year Forecast
$6.00+284.62%
RTX's earnings are forecast to grow at an exceptional rate of 56.68% per year
Forecast

RTX revenue forecast

What is RTX's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$65.4B+4.99%
Avg 2 year Forecast
$71.9B+15.36%
Avg 3 year Forecast
$77.4B+24.29%
RTX's revenue is forecast to grow at a rate of 7.52% per year, which is not exceptional
Forecast

RTX earnings growth forecast

How is RTX forecast to perform vs Aerospace & Defense companies and vs the US market?
Company
56.68%
Industry
22.51%
Market
18.21%
RTX's earnings are forecast to grow faster (56.68% per year) than the US Aerospace & Defense industry average (22.51%)
Forecast
RTX's earnings are forecast to grow faster (56.68% per year) than the US market average (18.21%)
Forecast
RTX's earnings are forecast to grow faster (56.68% per year) than the risk-free savings rate (1.2%)
Forecast

RTX revenue growth forecast

How is RTX forecast to perform vs Aerospace & Defense companies and vs the US market?
Company
7.52%
Industry
7.58%
Market
13.5%
RTX's revenues are forecast to grow slower (7.52% per year) than the US Aerospace & Defense industry average (7.58%)
Forecast
RTX's revenues are forecast to grow slower (7.52% per year) than the US market average (13.5%)
Forecast

Raytheon Technologies Corp Stock Forecast FAQ

Is Raytheon Technologies Corp Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 9 Wall Street analysts covering (NYSE: RTX) stock is to Strong Buy RTX stock.

Out of 9 analysts, 5 (55.56%) are recommending RTX as a Strong Buy, 3 (33.33%) are recommending RTX as a Buy, 1 (11.11%) are recommending RTX as a Hold, 0 (0%) are recommending RTX as a Sell, and 0 (0%) are recommending RTX as a Strong Sell.

What is RTX's earnings growth forecast for 2021-2023?

(NYSE: RTX) Raytheon Technologies Corp's forecast annual earnings growth rate of 56.68% is forecast to beat the US Aerospace & Defense industry's average forecast earnings growth rate of 22.51%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 18.21%.

Raytheon Technologies Corp's earnings in 2021 is $2,184,000,000.On average, 1 Wall Street analysts forecast RTX's earnings for 2021 to be $5,956,118,459, with the lowest RTX earnings forecast at $5,956,118,459, and the highest RTX earnings forecast at $5,956,118,459. On average, 6 Wall Street analysts forecast RTX's earnings for 2022 to be $7,262,996,401, with the lowest RTX earnings forecast at $6,634,663,600, and the highest RTX earnings forecast at $7,614,784,360.

In 2023, RTX is forecast to generate $9,047,268,546 in earnings, with the lowest earnings forecast at $8,293,329,501 and the highest earnings forecast at $9,499,631,973.

What is RTX's revenue growth forecast for 2021-2023?

(NYSE: RTX) Raytheon Technologies Corp's forecast annual revenue growth rate of 7.52% is not forecast to beat the US Aerospace & Defense industry's average forecast revenue growth rate of 7.58%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 13.5%.

Raytheon Technologies Corp's revenue in 2021 is $62,297,000,000.On average, 2 Wall Street analysts forecast RTX's revenue for 2021 to be $98,625,767,219,256, with the lowest RTX revenue forecast at $98,418,388,745,401, and the highest RTX revenue forecast at $98,833,145,693,111. On average, 3 Wall Street analysts forecast RTX's revenue for 2022 to be $108,364,538,102,642, with the lowest RTX revenue forecast at $108,036,509,779,092, and the highest RTX revenue forecast at $108,845,742,714,189.

In 2023, RTX is forecast to generate $116,750,817,732,306 in revenue, with the lowest revenue forecast at $116,060,502,094,977 and the highest revenue forecast at $117,524,410,460,844.

What is RTX's forecast return on assets (ROA) for 2021-2024?

(NYSE: RTX) forecast ROA is 6.17%, which is lower than the forecast US Aerospace & Defense industry average of 7.7%.

What is RTX's Price Target?

According to 8 Wall Street analysts that have issued a 1 year RTX price target, the average RTX price target is $94.75, with the highest RTX stock price forecast at $105.00 and the lowest RTX stock price forecast at $79.00.

On average, Wall Street analysts predict that Raytheon Technologies Corp's share price could stay at $94.75 by Jul 29, 2022. The average Raytheon Technologies Corp stock price prediction forecasts a potential downside of N/A from the current RTX share price of $86.95.

What is RTX's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: RTX) Raytheon Technologies Corp's current Earnings Per Share (EPS) is $1.56. On average, analysts forecast that RTX's EPS will be $3.95 for 2021, with the lowest EPS forecast at $3.95, and the highest EPS forecast at $3.95. On average, analysts forecast that RTX's EPS will be $4.82 for 2022, with the lowest EPS forecast at $4.40, and the highest EPS forecast at $5.05. In 2023, RTX's EPS is forecast to hit $6.00 (min: $5.50, max: $6.30).

What is RTX's forecast return on equity (ROE) for 2021-2024?

(NYSE: RTX) forecast ROE is 13.78%, which is considered weak.
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