RTX (NYSE:RTX – Get Free Report) updated its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 7.650-7.750 for the period, compared to the consensus estimate of 7.250. The company issued revenue guidance of $97.0 billion-$97.5 billion, compared to the consensus revenue estimate of $96.2 billion.
Wall Street Analyst Weigh In
Several equities analysts have commented on RTX shares. DA Davidson raised their price target on shares of RTX from $192.00 to $219.00 and gave the company a “neutral” rating in a research report on Monday, July 27th. Robert W. Baird set a $240.00 price objective on RTX in a research note on Friday, July 24th. TD Cowen reduced their price objective on RTX from $240.00 to $225.00 and set a “buy” rating on the stock in a research note on Friday, October 9th. Wells Fargo & Company raised their target price on shares of RTX from $200.00 to $230.00 and gave the company an “equal weight” rating in a report on Friday, July 24th. Finally, JPMorgan Chase & Co. lifted their price target on shares of RTX from $215.00 to $240.00 and gave the stock an “overweight” rating in a research note on Friday, July 24th. Eighteen research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $227.12.
Get Our Latest Stock Analysis on RTX
RTX Stock Down 0.9%
Shares of NYSE RTX traded down $1.77 during mid-day trading on Wednesday, reaching $191.57. The company had a trading volume of 7,099,206 shares, compared to its average volume of 5,365,175. RTX has a 52-week low of $166.74 and a 52-week high of $226.88. The stock has a market cap of $258.19 billion, a P/E ratio of 33.73, a PEG ratio of 2.47 and a beta of 0.31. The company has a current ratio of 1.01, a quick ratio of 0.78 and a debt-to-equity ratio of 0.47. The firm has a 50 day simple moving average of $198.46 and a two-hundred day simple moving average of $193.68.
RTX (NYSE:RTX – Get Free Report) last posted its quarterly earnings data on Tuesday, October 20th. The company reported $2.26 earnings per share for the quarter, beating the consensus estimate of $1.78 by $0.48. The business had revenue of $24.96 billion during the quarter, compared to the consensus estimate of $24.11 billion. RTX had a return on equity of 13.99% and a net margin of 8.28%. The company’s revenue was up 11.1% compared to the same quarter last year. During the same period in the prior year, the company earned $1.70 earnings per share. Sell-side analysts predict that RTX will post 7.23 earnings per share for the current year.
Insider Buying and Selling
In other news, VP Kevin G. Dasilva sold 2,250 shares of the company’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $216.93, for a total value of $488,092.50. Following the completion of the sale, the vice president directly owned 20,099 shares of the company’s stock, valued at approximately $4,360,076.07. This represents a 10.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Troy D. Brunk sold 8,557 shares of the company’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $210.29, for a total transaction of $1,799,451.53. Following the completion of the sale, the insider directly owned 8,809 shares of the company’s stock, valued at $1,852,444.61. The trade was a 49.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 29,222 shares of company stock worth $6,362,003 in the last 90 days. Company insiders own 0.10% of the company’s stock.
Trending Headlines about RTX
Here are the key news stories impacting RTX this week:
- Positive Sentiment: RTX raised its FY 2026 outlook above Wall Street expectations. The company now expects adjusted EPS of $7.65–$7.75, versus consensus of $7.25, and revenue of $97.0–$97.5 billion, compared with estimates of $96.2 billion. The increase follows stronger commercial aerospace and defense demand. RTX Reports Q3 2026 Results
- Positive Sentiment: Third-quarter results beat expectations. Adjusted EPS reached $2.26 versus the $1.78 consensus, while revenue rose 11.1% year over year to approximately $25.0 billion. Segment operating profit and margins also improved, supporting the higher forecast. RTX lifts 2026 forecasts
- Positive Sentiment: Record backlog and defense demand improve revenue visibility. RTX reported a roughly $340 billion backlog, more than $81 billion in new third-quarter awards, and $729 million in counter-drone defense contracts. Missile agreements could provide nearly a decade of demand visibility, while aircraft maintenance, replacement parts and avionics upgrades continue to benefit Collins Aerospace. RTX Secures LIDS Contracts
- Neutral Sentiment: New Collins Aerospace products—including FAA-compliant radio-altimeter upgrades, flight-support data integration tools and airport surveillance technology—could support long-term commercial aerospace growth, but their near-term financial impact is unclear. Collins Aerospace radio-altimeter upgrades
- Negative Sentiment: Investors remain concerned about valuation and cash-flow quality. RTX trades at a high earnings multiple, while paused buybacks and margin pressures could temper shareholder returns. Separately, part of the recent operating-cash-flow improvement came from selling receivables, raising questions about the sustainability of cash conversion. RTX cash recovery and receivables
About RTX
RTX Corporation (NYSE: RTX) is an aerospace and defense company that develops and manufactures products and systems for commercial aviation, business aviation, military aircraft and government customers. Its portfolio includes aircraft engines, avionics, flight-control systems, cabin interiors, communications equipment, air and missile defense systems, precision weapons, radars and advanced sensors.
The company operates through three principal businesses: Collins Aerospace, which supplies aerospace systems and components; Pratt & Whitney, which designs and produces aircraft engines and related services; and Raytheon, which provides defense and intelligence technologies.
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