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NYSE: TXT
Textron Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for TXT

Based on 2 analysts offering 12 month price targets for Textron Inc.
Min Forecast
$70.00+11.45%
Avg Forecast
$81.50+29.76%
Max Forecast
$93.00+48.07%

Should I buy or sell TXT stock?

Based on 2 analysts offering ratings for Textron Inc.
Buy
Strong Buy
1 analysts 50%
Buy
0 analysts 0%
Hold
1 analysts 50%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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TXT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Veritas Research
Top 29%
72
HoldDowngrades$70.00+11.45%2023-05-24
Goldman Sachs
Bottom 28%
28
Strong BuyMaintains$93.00+48.07%2022-12-15

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Forecast return on equity

Is TXT forecast to generate an efficient return?
Company
14.79%
Industry
13.16%
Market
13.12%
TXT's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is TXT forecast to generate an efficient return on assets?
Company
6.32%
Industry
6.83%
TXT is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

TXT earnings growth forecast

How is TXT forecast to perform vs Aerospace & Defense companies and vs the US market?
Company
11.49%
Industry
28.53%
Market
115.65%
TXT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
TXT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
TXT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

TXT revenue growth forecast

How is TXT forecast to perform vs Aerospace & Defense companies and vs the US market?
Company
10.03%
Industry
8.19%
Market
17.29%
TXT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
TXT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

TXT vs Defense Stocks

TickerPricePrice TargetUp/downsideConsensus
TXT$62.81$81.50+29.76%Buy
AXON$194.95$250.25+28.37%Strong Buy
ESLT$193.76N/AN/A
HII$201.29$218.67+8.63%Sell
CAE$22.05$28.00+26.98%Strong Buy
View Top Defense Stocks

Textron Stock Forecast FAQ

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

The consensus among 2 Wall Street analysts covering (NYSE: TXT) stock is to Buy TXT stock.

Out of 2 analysts, 1 (50%) are recommending TXT as a Strong Buy, 0 (0%) are recommending TXT as a Buy, 1 (50%) are recommending TXT as a Hold, 0 (0%) are recommending TXT as a Sell, and 0 (0%) are recommending TXT as a Strong Sell.

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

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

(NYSE: TXT) forecast ROE is 14.79%, which is considered weak.

What is TXT's Price Target?

According to 2 Wall Street analysts that have issued a 1 year TXT price target, the average TXT price target is $81.50, with the highest TXT stock price forecast at $93.00 and the lowest TXT stock price forecast at $70.00.

On average, Wall Street analysts predict that Textron's share price could reach $81.50 by May 24, 2024. The average Textron stock price prediction forecasts a potential upside of 29.76% from the current TXT share price of $62.81.

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

(NYSE: TXT) forecast ROA is 6.32%, which is lower than the forecast US Aerospace & Defense industry average of 6.83%.
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