Key Takeaways:
- RTX (RTX, Financial) sees a 5.6% dip in premarket trading due to lower-than-expected annual sales forecast.
- Analysts' average price target suggests a potential upside of 16.35% for RTX's stock.
- GuruFocus' GF Value estimates an upside of 15.1% from current prices.
RTX's Financial Outlook and Market Reaction
RTX (RTX) recently faced a significant market response, with its shares dropping by 5.6% in premarket trading. This reaction followed the release of its annual sales forecast, which fell short of Wall Street's expectations. The aerospace giant projects adjusted sales ranging from $83 billion to $84 billion, slightly missing the analysts' consensus of $84.2 billion. Anticipated earnings are set between $6.00 and $6.15 per share, as the company navigates concerns over new tariffs.
Analyst Price Targets and Recommendations
According to 21 Wall Street analysts, the average price target for RTX Corp (RTX, Financial) is set at $135.73, with projections spanning a high of $160.00 and a low of $87.00. This average target indicates a potential upside of 16.35% from the current trading price of $116.66. For more detailed estimate data, visit the RTX Corp (RTX) Forecast page.
The consensus recommendation from 26 brokerage firms places RTX Corp (RTX, Financial) at an average brokerage recommendation of 2.3, classifying it as "Outperform." This rating scale, where 1 represents a Strong Buy and 5 signifies a Sell, highlights a positive outlook on the stock.
Understanding RTX's GF Value
From a valuation perspective, the GF Value provided by GuruFocus estimates RTX Corp's (RTX, Financial) value at $134.27 in one year, suggesting a 15.1% upside from the current price of $116.66. The GF Value calculation considers historical trading multiples, past business growth, and future performance forecasts. For further insights, explore the RTX Corp (RTX) Summary page.
