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

Analyst price target for TXT

Based on 8 analysts offering 12 month price targets for Textron Inc.
Min Forecast
$81.00-13.18%
Avg Forecast
$95.63+2.49%
Max Forecast
$120.00+28.62%

Should I buy or sell TXT stock?

Based on 8 analysts offering ratings for Textron Inc.
Buy
Strong Buy
4 analysts 50%
Buy
2 analysts 25%
Hold
1 analysts 12.5%
Sell
0 analysts 0%
Strong Sell
1 analysts 12.5%

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TXT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-16
lockedlocked$00.00+00.00%2024-04-04Find Out Why
lockedlocked$00.00+00.00%2024-03-08Find Out Why
lockedlocked$00.00+00.00%2024-01-26
lockedlocked$00.00+00.00%2023-12-20
TD Cowen
Top 11%
90
BuyMaintains$86.00-7.82%2023-10-30
Morgan Stanley
Top 11%
90
Strong BuyMaintains$88.00-5.68%2023-10-27
Baird
Top 10%
91
BuyMaintains$89.00-4.61%2023-10-26

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Forecast return on equity

Is TXT forecast to generate an efficient return?
Company
N/A
Industry
-3.92%
Market
20.03%

Forecast return on assets

Is TXT forecast to generate an efficient return on assets?
Company
N/A
Industry
0.55%

TXT revenue forecast

What is TXT's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$14.6B+6.99%
Avg 2 year Forecast
$15.6B+14.22%
Avg 3 year Forecast
$15.8B+15.66%
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
10.9%
Industry
39.62%
Market
28.75%
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
6.04%
Industry
8.34%
Market
9.2%
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$93.30$95.63+2.49%Buy
AXON$293.61$326.25+11.12%Strong Buy
HII$271.66$292.50+7.67%Buy
HWM$63.41$68.22+7.59%Strong Buy
CW$250.24$274.00+9.49%Strong Buy

Textron Stock Forecast FAQ

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

The consensus among 8 Wall Street analysts covering (NYSE: TXT) stock is to Buy TXT stock.

Out of 8 analysts, 4 (50%) are recommending TXT as a Strong Buy, 2 (25%) are recommending TXT as a Buy, 1 (12.5%) are recommending TXT as a Hold, 0 (0%) are recommending TXT as a Sell, and 1 (12.5%) 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 revenue growth forecast for 2024-2026?

(NYSE: TXT) Textron's forecast annual revenue growth rate of 6.04% is not forecast to beat the US Aerospace & Defense industry's average forecast revenue growth rate of 8.34%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.2%.

Textron's revenue in 2024 is $13,683,000,000.On average, 4 Wall Street analysts forecast TXT's revenue for 2024 to be $2,823,228,384,363, with the lowest TXT revenue forecast at $2,803,325,467,816, and the highest TXT revenue forecast at $2,839,981,223,985. On average, 5 Wall Street analysts forecast TXT's revenue for 2025 to be $3,014,070,512,633, with the lowest TXT revenue forecast at $2,923,097,432,716, and the highest TXT revenue forecast at $3,214,104,447,346.

In 2026, TXT is forecast to generate $3,052,025,140,364 in revenue, with the lowest revenue forecast at $3,017,300,816,815 and the highest revenue forecast at $3,076,806,491,215.

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

(NYSE: TXT) forecast ROA is N/A, which is lower than the forecast US Aerospace & Defense industry average of 0.55%.

What is TXT's Price Target?

According to 8 Wall Street analysts that have issued a 1 year TXT price target, the average TXT price target is $95.63, with the highest TXT stock price forecast at $120.00 and the lowest TXT stock price forecast at $81.00.

On average, Wall Street analysts predict that Textron's share price could reach $95.63 by Apr 16, 2025. The average Textron stock price prediction forecasts a potential upside of 2.49% from the current TXT share price of $93.30.

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

(NYSE: TXT) forecast ROE is N/A, which is considered weak.
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