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

Analyst price target for RTX

Based on 11 analysts offering 12 month price targets for Raytheon Technologies Corp.
Min Forecast
$62.00+1.24%
Avg Forecast
$77.36+26.33%
Max Forecast
$101.00+64.92%

Should I buy or sell RTX stock?

Strong Buy
Strong Buy
7 analysts 53.85%
Buy
2 analysts 15.38%
Hold
4 analysts 30.77%
Sell
0 analysts 0.00%
Strong Sell
0 analysts 0.00%

Forecast return on equity

Is RTX forecast to generate an efficient return?
Company
13.43%
Industry
47.02%
Market
-1.56%
RTX's Return on Equity is forecast to be low in 4 years (13.43%); 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
5.59%
Industry
9.03%
Market
11.47%
RTX is forecast to generate lower Return on Assets (5.59%) than the US Aerospace & Defense industry average (9.03%)
Forecast

RTX earnings per share forecast

What is RTX's earnings per share in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$2.86+9,433.33%
Avg 2 year Forecast
$3.86+12,757.00%
Avg 3 year Forecast
$4.64+15,360.00%
RTX's earnings are forecast to grow at an exceptional rate of 438.42% per year
Forecast

RTX revenue forecast

What is RTX's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$64.3B-9.87%
Avg 2 year Forecast
$68.1B-4.45%
Avg 3 year Forecast
$73.9B+3.64%
RTX's revenue is forecast to grow at a rate of 1.05% 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
438.42%
Industry
89.67%
Market
14.71%
RTX's earnings are forecast to grow faster (438.42% per year) than the US Aerospace & Defense industry average (89.67%)
Forecast
RTX's earnings are forecast to grow faster (438.42% per year) than the US market average (14.71%)
Forecast

RTX revenue growth forecast

How is RTX forecast to perform vs Aerospace & Defense companies and vs the US market?
Company
1.05%
Industry
4.41%
Market
5.62%
RTX's revenues are forecast to grow slower (1.05% per year) than the US Aerospace & Defense industry average (4.41%)
Forecast
RTX's revenues are forecast to grow slower (1.05% per year) than the US market average (5.62%)
Forecast

Raytheon Technologies Corp Stock Forecast FAQ

The consensus among 13 Wall Street analysts covering (NYSE: RTX) stock is to Strong Buy RTX stock.

Out of 13 analysts, 7 (53.85%) are recommending RTX as a Strong Buy, 2 (15.38%) are recommending RTX as a Buy, 4 (30.77%) are recommending RTX as a Hold, 0 (0.00%) are recommending RTX as a Sell, and 0 (0.00%) are recommending RTX as a Strong Sell.
According to 11 Wall Street analysts that have issued a 1 year RTX price target, the average RTX price target is $77.36, with the highest RTX stock price forecast at $101.00 and the lowest RTX stock price forecast at $62.00.

On average, Wall Street analysts predict that Raytheon Technologies Corp's share price could reach $77.36 by Oct 15, 2021. The average Raytheon Technologies Corp stock price prediction forecasts a potential upside of 26.33% from the current RTX share price of $61.24.
(NYSE: RTX) Raytheon Technologies Corp's forecast annual earnings growth rate of 438.42% is forecast to beat the US Aerospace & Defense industry's average forecast earnings growth rate of 89.67%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 14.71%.

Raytheon Technologies Corp's earnings in 2020 is -$1,627,000,000.On average, 5 Wall Street analysts forecast RTX's earnings for 2020 to be $4,340,657,924, with the lowest RTX earnings forecast at $3,414,853,262, and the highest RTX earnings forecast at $5,736,953,481. On average, 7 Wall Street analysts forecast RTX's earnings for 2021 to be $5,853,969,119, with the lowest RTX earnings forecast at $5,311,993,964, and the highest RTX earnings forecast at $6,374,392,756.

In 2022, RTX is forecast to generate $7,039,150,858 in earnings, with the lowest earnings forecast at $5,828,016,234 and the highest earnings forecast at $8,195,647,829.
(NYSE: RTX) Raytheon Technologies Corp's forecast annual revenue growth rate of 1.05% is not forecast to beat the US Aerospace & Defense industry's average forecast revenue growth rate of 4.41%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 5.62%.

Raytheon Technologies Corp's revenue in 2020 is $71,318,000,000.On average, 4 Wall Street analysts forecast RTX's revenue for 2020 to be $97,555,307,927,637, with the lowest RTX revenue forecast at $95,639,598,013,203, and the highest RTX revenue forecast at $98,807,337,316,271. On average, 4 Wall Street analysts forecast RTX's revenue for 2021 to be $103,419,127,001,191, with the lowest RTX revenue forecast at $101,619,962,234,316, and the highest RTX revenue forecast at $106,968,381,299,280.

In 2022, RTX is forecast to generate $112,175,197,782,303 in revenue, with the lowest revenue forecast at $110,134,329,701,526 and the highest revenue forecast at $114,610,064,043,915.
(NYSE: RTX) Raytheon Technologies Corp's current Earnings Per Share (EPS) is $0.03. On average, analysts forecast that RTX's EPS will be $2.86 for 2020, with the lowest EPS forecast at $2.25, and the highest EPS forecast at $3.78. On average, analysts forecast that RTX's EPS will be $3.86 for 2021, with the lowest EPS forecast at $3.50, and the highest EPS forecast at $4.20. In 2022, RTX's EPS is forecast to hit $4.64 (min: $3.84, max: $5.40).
(NYSE: RTX) forecast ROE is 13.43%, which is considered weak.
(NYSE: RTX) forecast ROA is 5.59%, which is lower than the forecast US Aerospace & Defense industry average of 9.03%.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.
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