WallStreetZenWallStreetZen

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

OverviewForecast
EarningsRevenueDividendOwnership

Analyst price target for TXT

Based on 7 analysts offering 12 month price targets for Textron Inc

Min Forecast
$79.00-4.43%
Avg Forecast
$98.43+19.08%
Max Forecast
$115.00+39.12%

Should I buy or sell TXT stock?

Based on 7 analysts offering ratings for Textron Inc.

Buy
Strong Buy
2 analysts 28.57%
Buy
1 analysts 14.29%
Hold
3 analysts 42.86%
Sell
0 analysts 0%
Strong Sell
1 analysts 14.29%
Although TXT's forecast from analysts indicates a "Buy", our proven Zen Rating quant model rates TXT as a "Hold". Stocks with a Zen Rating of Hold have beat the market by +7.53%. Learn More

Be the first to know when Wall Street analysts revise their TXT stock forecasts and price targets.

TXT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-10-25
lockedlocked$00.00+00.00%2024-10-25
lockedlocked$00.00+00.00%2024-10-14
lockedlocked$00.00+00.00%2024-09-25
lockedlocked$00.00+00.00%2024-08-08
Bank of America
Top 20%
81
Strong BuyMaintains$110.00+33.08%2024-07-23Find out why
Citigroup
Top 7%
94
Strong BuyMaintains$115.00+39.12%2024-07-22Find out why

1 of 1

Forecast return on equity

Is TXT forecast to generate an efficient return?

Company
19.77%
Industry
21.95%
Market
325.07%
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
8.35%
Industry
7.54%
TXT is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

TXT earnings per share forecast

What is TXT's earnings per share in the next 3 years based on estimates from 5 analysts?

Avg 1 year Forecast
$5.52+19.44%
Avg 2 year Forecast
$6.68+44.55%
Avg 3 year Forecast
$7.41+60.34%
TXT's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

TXT revenue forecast

What is TXT's revenue in the next 3 years based on estimates from 4 analysts?

Avg 1 year Forecast
$13.8B-1.08%
Avg 2 year Forecast
$14.9B+6.84%
Avg 3 year Forecast
$15.6B+11.71%
TXT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

TXT earnings growth forecast

How is TXT forecast to perform vs Aerospace & Defense companies and vs the US market?

Company
19.07%
Industry
17.33%
Market
19.93%
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
2.87%
Industry
5.85%
Market
7.53%
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$82.66$98.43+19.08%Buy
CW$376.01$372.40-0.96%Buy
RKLB$24.68$16.50-33.14%Strong Buy
BWXT$126.01$122.43-2.84%Buy
ESLT$251.61N/AN/A
View Top Defense Stocks

Textron Stock Forecast FAQ

Is Textron Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NYSE: TXT) stock is to Buy TXT stock.

Out of 7 analysts, 2 (28.57%) are recommending TXT as a Strong Buy, 1 (14.29%) are recommending TXT as a Buy, 3 (42.86%) are recommending TXT as a Hold, 0 (0%) are recommending TXT as a Sell, and 1 (14.29%) 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 earnings growth forecast for 2024-2026?

(NYSE: TXT) Textron's forecast annual earnings growth rate of 19.07% is forecast to beat the US Aerospace & Defense industry's average forecast earnings growth rate of 17.33%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.93%.

Textron's earnings in 2024 is $881,000,000.On average, 5 Wall Street analysts forecast TXT's earnings for 2024 to be $1,023,652,926, with the lowest TXT earnings forecast at $1,020,313,718, and the highest TXT earnings forecast at $1,029,589,297. On average, 6 Wall Street analysts forecast TXT's earnings for 2025 to be $1,238,902,018, with the lowest TXT earnings forecast at $1,205,825,303, and the highest TXT earnings forecast at $1,298,581,095.

In 2026, TXT is forecast to generate $1,374,177,066 in earnings, with the lowest earnings forecast at $1,354,234,571 and the highest earnings forecast at $1,391,336,888.

What is TXT's revenue growth forecast for 2024-2026?

(NYSE: TXT) Textron's forecast annual revenue growth rate of 2.87% is not forecast to beat the US Aerospace & Defense industry's average forecast revenue growth rate of 5.85%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 7.53%.

Textron's revenue in 2024 is $13,981,000,000.On average, 4 Wall Street analysts forecast TXT's revenue for 2024 to be $2,565,606,669,392, with the lowest TXT revenue forecast at $2,559,158,286,697, and the highest TXT revenue forecast at $2,570,819,544,930. On average, 4 Wall Street analysts forecast TXT's revenue for 2025 to be $2,770,944,619,527, with the lowest TXT revenue forecast at $2,753,236,240,157, and the highest TXT revenue forecast at $2,786,628,881,992.

In 2026, TXT is forecast to generate $2,897,316,966,345 in revenue, with the lowest revenue forecast at $2,887,741,971,396 and the highest revenue forecast at $2,908,636,141,215.

What is TXT's forecast return on assets (ROA) for 2024-2026?

(NYSE: TXT) forecast ROA is 8.35%, which is higher than the forecast US Aerospace & Defense industry average of 7.54%.

What is TXT's Price Target?

According to 7 Wall Street analysts that have issued a 1 year TXT price target, the average TXT price target is $98.43, with the highest TXT stock price forecast at $115.00 and the lowest TXT stock price forecast at $79.00.

On average, Wall Street analysts predict that Textron's share price could reach $98.43 by Oct 25, 2025. The average Textron stock price prediction forecasts a potential upside of 19.08% from the current TXT share price of $82.66.

What is TXT's Earnings Per Share (EPS) forecast for 2024-2026?

(NYSE: TXT) Textron's current Earnings Per Share (EPS) is $4.62. On average, analysts forecast that TXT's EPS will be $5.52 for 2024, with the lowest EPS forecast at $5.50, and the highest EPS forecast at $5.55. On average, analysts forecast that TXT's EPS will be $6.68 for 2025, with the lowest EPS forecast at $6.50, and the highest EPS forecast at $7.00. In 2026, TXT's EPS is forecast to hit $7.41 (min: $7.30, max: $7.50).

What is TXT's forecast return on equity (ROE) for 2024-2026?

(NYSE: TXT) forecast ROE is 19.77%, which is considered weak.
©2024 WallStreetZen
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletter
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
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.