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

Analyst price target for RTX

Based on 10 analysts offering 12 month price targets for Raytheon Technologies Corp.
Min Forecast
$102.00+2.41%
Avg Forecast
$109.10+9.54%
Max Forecast
$130.00+30.52%

Should I buy or sell RTX stock?

Based on 11 analysts offering ratings for Raytheon Technologies Corp.
Buy
Strong Buy
4 analysts 36.36%
Buy
2 analysts 18.18%
Hold
5 analysts 45.45%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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RTX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Citigroup
Top 29%
72
HoldMaintains$106.00+6.43%2023-01-26
Wells Fargo
Top 15%
86
HoldMaintains$107.00+7.43%2023-01-25
Credit Suisse
Bottom 14%
14
HoldMaintains$106.00+6.43%2023-01-25
Morgan Stanley
Top 23%
78
Strong BuyMaintains$115.00+15.46%2023-01-19
Goldman Sachs
Top 25%
76
HoldDowngrades$105.00+5.42%2023-01-13
JP Morgan
Top 24%
77
Strong BuyMaintains$107.00+7.43%2022-12-12
Baird
Top 16%
85
BuyMaintains$106.00+6.43%2022-10-26
RBC Capital
Top 5%
96
BuyMaintains$102.00+2.41%2022-10-26
Wolfe Research
Top 4%
97
HoldInitiates Coverage OnN/AN/A2022-10-11
Bank of America
Bottom 10%
10
Strong BuyMaintains$130.00+30.52%2022-04-27

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Forecast return on equity

Is RTX forecast to generate an efficient return?
Company
13.78%
Industry
15.03%
Market
49.29%
RTX's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is RTX forecast to generate an efficient return on assets?
Company
6.11%
Industry
7.27%
RTX is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

RTX earnings per share forecast

What is RTX's earnings per share in the next 2 years based on estimates from 6 analysts?
Avg 1 year Forecast
$5.65+87.71%
Avg 2 year Forecast
$6.58+118.6%
RTX's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

RTX revenue forecast

What is RTX's revenue in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$73.7B+11.6%
Avg 2 year Forecast
$78.8B+19.36%
RTX's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

RTX earnings growth forecast

How is RTX forecast to perform vs Aerospace & Defense companies and vs the US market?
Company
87.71%
Industry
46.5%
Market
85.4%
RTX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
RTX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
RTX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

RTX revenue growth forecast

How is RTX forecast to perform vs Aerospace & Defense companies and vs the US market?
Company
11.6%
Industry
15.39%
Market
71.5%
RTX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
RTX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

RTX vs Defense Stocks

TickerPricePrice TargetUp/downsideConsensus
RTX$99.60$109.10+9.54%Buy
BA$211.17$217.62+3.05%Strong Buy
LMT$459.60$458.73-0.19%Hold
NOC$437.65$495.55+13.23%Buy
GD$227.49$258.38+13.58%Strong Buy

Raytheon Technologies Stock Forecast FAQ

Is Raytheon Technologies Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 11 Wall Street analysts covering (NYSE: RTX) stock is to Buy RTX stock.

Out of 11 analysts, 4 (36.36%) are recommending RTX as a Strong Buy, 2 (18.18%) are recommending RTX as a Buy, 5 (45.45%) are recommending RTX as a Hold, 0 (0%) are recommending RTX as a Sell, and 0 (0%) are recommending RTX as a Strong Sell.

If you're new to stock investing, here's how to buy Raytheon Technologies stock.

What is RTX's earnings growth forecast for 2023-2024?

(NYSE: RTX) Raytheon Technologies's forecast annual earnings growth rate of 87.71% is forecast to beat the US Aerospace & Defense industry's average forecast earnings growth rate of 46.5%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 85.4%.

Raytheon Technologies's earnings in 2023 is $4,461,000,000.On average, 6 Wall Street analysts forecast RTX's earnings for 2023 to be $8,305,843,379, with the lowest RTX earnings forecast at $8,011,831,224, and the highest RTX earnings forecast at $8,452,849,456.

In 2024, RTX is forecast to generate $9,672,999,900 in earnings, with the lowest earnings forecast at $9,187,879,844 and the highest earnings forecast at $9,922,910,231.

What is RTX's revenue growth forecast for 2023-2024?

(NYSE: RTX) Raytheon Technologies's forecast annual revenue growth rate of 11.6% is not forecast to beat the US Aerospace & Defense industry's average forecast revenue growth rate of 15.39%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 71.5%.

Raytheon Technologies's revenue in 2023 is $66,025,000,000.On average, 3 Wall Street analysts forecast RTX's revenue for 2023 to be $108,317,079,766,103, with the lowest RTX revenue forecast at $106,375,067,739,775, and the highest RTX revenue forecast at $110,019,110,251,154.

In 2024, RTX is forecast to generate $115,853,181,682,333 in revenue, with the lowest revenue forecast at $111,021,929,849,550 and the highest revenue forecast at $119,135,065,901,427.

What is RTX's forecast return on assets (ROA) for 2023-2024?

(NYSE: RTX) forecast ROA is 6.11%, which is lower than the forecast US Aerospace & Defense industry average of 7.27%.

What is RTX's Price Target?

According to 10 Wall Street analysts that have issued a 1 year RTX price target, the average RTX price target is $109.10, with the highest RTX stock price forecast at $130.00 and the lowest RTX stock price forecast at $102.00.

On average, Wall Street analysts predict that Raytheon Technologies's share price could reach $109.10 by Jan 26, 2024. The average Raytheon Technologies stock price prediction forecasts a potential upside of 9.54% from the current RTX share price of $99.60.

What is RTX's Earnings Per Share (EPS) forecast for 2023-2024?

(NYSE: RTX) Raytheon Technologies's current Earnings Per Share (EPS) is $3.01. On average, analysts forecast that RTX's EPS will be $5.65 for 2023, with the lowest EPS forecast at $5.45, and the highest EPS forecast at $5.75. In 2024, RTX's EPS is forecast to hit $6.58 (min: $6.25, max: $6.75).

What is RTX's forecast return on equity (ROE) for 2023-2024?

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