Raytheon (RTX) Stock Forecast, Price Target & Predictions
RTX Stock Forecast
Raytheon stock forecast is as follows: an average price target of $103.60 (represents a -0.61% downside from RTX’s last price of $104.24) and a rating consensus of 'Hold', based on 15 wall street analysts offering a 1-year stock forecast.
RTX Price Target
The average price target for Raytheon (RTX) is $103.60 based on 1-year price targets from 15 Wall Street analysts in the past 3 months, with a price target range of $119.00 to $85.00. This represents a potential -0.61% downside from RTX's last price of $104.24.
RTX Analyst Ratings
According to 15 Wall Street analysts, Raytheon's rating consensus is 'Hold'. The analyst rating breakdown for RTX stock is 0 'Strong Buy' (0.00%), 7 'Buy' (46.67%), 8 'Hold' (53.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Raytheon Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Apr 30, 2024 | David Strauss | Barclays | $100.00 | $102.44 | -2.38% | -4.07% |
| Apr 25, 2024 | Matthew Akers | Wells Fargo | $119.00 | $101.02 | 17.80% | 14.16% |
| Apr 19, 2024 | Ken Herbert | RBC Capital | $96.00 | $100.71 | -4.68% | -7.90% |
| Apr 11, 2024 | Sheila Kahyaoglu | Jefferies | $105.00 | $100.78 | 4.19% | 0.73% |
| Apr 01, 2024 | Matthew Akers | Wells Fargo | $120.00 | $97.53 | 23.04% | 15.12% |
| Sep 12, 2023 | Ken Herbert | RBC Capital | $82.00 | $75.11 | 9.18% | -21.34% |
| Jan 13, 2023 | - | Goldman Sachs | $105.00 | $98.18 | 6.95% | 0.73% |
| Jan 12, 2023 | - | Credit Suisse | $103.00 | $99.87 | 3.14% | -1.19% |
| Dec 12, 2022 | - | J.P. Morgan | $107.00 | $98.78 | 8.32% | 2.65% |
| Dec 08, 2022 | - | Citigroup | $104.00 | $99.63 | 4.39% | -0.23% |
The latest Raytheon stock forecast, released on Apr 30, 2024 by David Strauss from Barclays, set a price target of $100.00, which represents a -2.38% decrease from the stock price at the time of the forecast ($102.44), and a -4.07% decrease from RTX last price ($104.24).
Raytheon Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 3 | 5 | 6 |
| Avg Price Target | $105.00 | $108.00 | $103.67 |
| Last Closing Price | $104.24 | $104.24 | $104.24 |
| Upside/Downside | 0.73% | 3.61% | -0.55% |
In the current month, the average price target of Raytheon stock is $105.00, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a 0.73% increase as opposed to Raytheon's last price of $104.24. This month's average price target is down -2.78% compared to last quarter, and up 1.28% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Apr 30, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Apr 25, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Apr 24, 2024 | Bank of America Securities | Neutral | Neutral | Hold |
| Apr 19, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Apr 11, 2024 | Jefferies | Hold | Hold | Hold |
| Apr 01, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Mar 14, 2024 | Wells Fargo | Equal-Weight | Overweight | Upgrade |
| Jan 25, 2024 | Bank of America Securities | Underperform | Neutral | Upgrade |
| Sep 14, 2023 | Bank of America Securities | - | Underperform | Downgrade |
| Sep 12, 2023 | RBC Capital | Outperform | Sector Perform | Downgrade |
Raytheon's last stock rating was published by Barclays on Apr 30, 2024. The company gave RTX a "Equal-Weight" rating, the same as its previous rate.
Raytheon Financial Forecast
Raytheon Revenue Forecast
| Dec 26 | Oct 26 | Jul 26 | Mar 26 | Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $19.93B | - | - | $17.21B | $18.09B | - | - | $15.72B | $17.04B | $16.21B | $15.88B | $15.25B | $16.42B | $14.75B | $14.06B | $18.21B | $19.55B | $19.50B |
| Avg Forecast | $23.33B | $22.47B | $22.10B | $21.56B | $21.90B | $21.00B | $20.50B | $20.27B | $20.72B | $19.93B | $19.32B | $18.41B | $19.71B | $18.60B | $17.68B | $16.96B | $18.16B | $17.23B | $16.60B | $15.80B | $17.29B | $16.40B | $15.83B | $15.36B | $16.24B | $15.06B | $13.52B | $17.49B | $19.42B | $19.33B |
| High Forecast | $23.65B | $22.79B | $22.41B | $21.87B | $22.21B | $21.30B | $20.79B | $20.56B | $21.02B | $20.16B | $19.43B | $18.78B | $20.15B | $19.14B | $17.93B | $17.20B | $18.41B | $17.48B | $16.84B | $16.06B | $17.58B | $16.67B | $16.09B | $15.61B | $16.51B | $15.30B | $13.74B | $17.78B | $19.74B | $19.65B |
| Low Forecast | $23.03B | $22.19B | $21.82B | $21.29B | $21.63B | $20.74B | $20.24B | $20.02B | $20.46B | $19.70B | $19.21B | $18.13B | $19.35B | $18.17B | $17.46B | $16.75B | $17.93B | $17.02B | $16.40B | $15.51B | $16.98B | $16.10B | $15.54B | $15.08B | $15.95B | $14.78B | $13.27B | $17.17B | $19.06B | $18.97B |
| # Analysts | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 5 | 10 | 10 | 10 | 10 | 13 | 6 | 6 | 5 | 5 | 5 | 5 | 6 | 12 | 11 | 11 | 12 | 16 | 9 | 9 | 8 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | - | - | 1.01% | 1.00% | - | - | 0.99% | 0.99% | 0.99% | 1.00% | 0.99% | 1.01% | 0.98% | 1.04% | 1.04% | 1.01% | 1.01% |
Raytheon's average Quarter revenue forecast for Mar 24 based on 10 analysts is $18.41B, with a low forecast of $18.13B, and a high forecast of $18.78B. RTX's average Quarter revenue forecast represents a -7.62% decrease compared to the company's last Quarter revenue of $19.93B (Dec 23).
Raytheon EBITDA Forecast
| Dec 26 | Oct 26 | Jul 26 | Mar 26 | Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 5 | 10 | 10 | 10 | 10 | 13 | 6 | 6 | 5 | 5 | 5 | 5 | 6 | 12 | 11 | 11 | 12 | 16 | 9 | 9 | 8 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $1.78B | - | - | $3.13B | $3.02B | - | - | $2.58B | $2.21B | $2.92B | $2.85B | $2.58B | $1.48B | $1.94B | $-2.67B | $2.24B | $2.87B | $3.68B |
| Avg Forecast | $3.63B | $3.50B | $3.44B | $3.36B | $3.41B | $3.27B | $3.19B | $3.15B | $3.23B | $3.10B | $3.01B | $2.67B | $2.54B | $2.91B | $2.98B | $2.43B | $2.31B | $2.64B | $2.70B | $2.21B | $2.10B | $2.40B | $2.51B | $2.49B | $1.39B | $1.63B | $-3.56B | $1.36B | $2.71B | $3.35B |
| High Forecast | $3.68B | $3.55B | $3.49B | $3.40B | $3.46B | $3.31B | $3.24B | $3.20B | $3.27B | $3.14B | $3.02B | $3.21B | $3.05B | $3.49B | $3.57B | $2.91B | $2.78B | $3.17B | $3.25B | $2.65B | $2.52B | $2.88B | $3.01B | $2.99B | $1.67B | $1.95B | $-2.85B | $1.63B | $3.26B | $4.03B |
| Low Forecast | $3.58B | $3.45B | $3.40B | $3.31B | $3.37B | $3.23B | $3.15B | $3.11B | $3.18B | $3.07B | $2.99B | $2.14B | $2.04B | $2.33B | $2.38B | $1.94B | $1.85B | $2.11B | $2.16B | $1.77B | $1.68B | $1.92B | $2.01B | $1.99B | $1.11B | $1.30B | $-4.27B | $1.09B | $2.17B | $2.68B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.70% | - | - | 1.29% | 1.30% | - | - | 1.17% | 1.05% | 1.22% | 1.14% | 1.04% | 1.06% | 1.19% | 0.75% | 1.64% | 1.06% | 1.10% |
10 analysts predict RTX's average Quarter EBITDA for Mar 24 to be $2.67B, with a high of $3.21B and a low of $2.14B. This is 50.33% upper than Raytheon's previous annual EBITDA (Dec 23) of $1.78B.
Raytheon Net Income Forecast
| Dec 26 | Oct 26 | Jul 26 | Mar 26 | Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 5 | 10 | 10 | 10 | 10 | 13 | 6 | 6 | 5 | 5 | 5 | 5 | 6 | 12 | 11 | 11 | 12 | 16 | 9 | 9 | 8 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $1.47B | - | - | $1.43B | $1.42B | - | - | $1.08B | $771.00M | $1.39B | $1.03B | $753.00M | $215.00M | $185.00M | $-3.82B | $14.00M | $1.14B | $1.15B |
| Avg Forecast | $2.49B | $2.37B | $2.24B | $2.13B | $2.27B | $2.11B | $2.00B | $1.91B | $1.90B | $1.82B | $1.73B | $1.13B | $781.23M | $1.39B | $1.38B | $1.03B | $710.21M | $1.26B | $1.26B | $933.74M | $645.65M | $1.15B | $908.61M | $727.03M | $127.29M | $221.76M | $-5.11B | $-50.47M | $1.08B | $1.05B |
| High Forecast | $2.54B | $2.42B | $2.28B | $2.17B | $2.31B | $2.15B | $2.03B | $1.94B | $1.94B | $1.87B | $1.83B | $1.36B | $937.48M | $1.66B | $1.66B | $1.23B | $852.25M | $1.51B | $1.51B | $1.12B | $774.78M | $1.37B | $1.09B | $872.44M | $152.74M | $266.11M | $-4.09B | $-40.38M | $1.30B | $1.26B |
| Low Forecast | $2.45B | $2.33B | $2.20B | $2.10B | $2.23B | $2.08B | $1.96B | $1.88B | $1.87B | $1.70B | $1.56B | $903.86M | $624.99M | $1.11B | $1.11B | $821.69M | $568.17M | $1.01B | $1.01B | $746.99M | $516.52M | $916.52M | $726.89M | $581.63M | $101.83M | $177.41M | $-6.14B | $-60.57M | $864.70M | $836.97M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.89% | - | - | 1.39% | 2.00% | - | - | 1.16% | 1.19% | 1.22% | 1.14% | 1.04% | 1.69% | 0.83% | 0.75% | -0.28% | 1.06% | 1.10% |
Raytheon's average Quarter net income forecast for Mar 24 is $1.13B, with a range of $903.86M to $1.36B. RTX's average Quarter net income forecast represents a -23.30% decrease compared to the company's last Quarter net income of $1.47B (Dec 23).
Raytheon SG&A Forecast
| Dec 26 | Oct 26 | Jul 26 | Mar 26 | Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 5 | 10 | 10 | 10 | 10 | 13 | 6 | 6 | 5 | 5 | 5 | 5 | 6 | 12 | 11 | 11 | 12 | 16 | 9 | 9 | 8 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $1.45B | - | - | $1.40B | $1.38B | - | - | $1.47B | $1.41B | $1.23B | $1.37B | $1.22B | $1.35B | $1.40B | $1.81B | $2.25B | $2.31B | $2.10B |
| Avg Forecast | $2.02B | $1.94B | $1.91B | $1.87B | $1.89B | $1.82B | $1.77B | $1.75B | $1.79B | $1.72B | $1.67B | $1.53B | $1.60B | $1.22B | $1.51B | $1.39B | $1.46B | $1.11B | $1.37B | $1.27B | $1.32B | $1.01B | $1.20B | $1.18B | $1.27B | $1.18B | $2.41B | $1.37B | $2.19B | $1.92B |
| High Forecast | $2.05B | $1.97B | $1.94B | $1.89B | $1.92B | $1.84B | $1.80B | $1.78B | $1.82B | $1.74B | $1.68B | $1.84B | $1.92B | $1.47B | $1.81B | $1.67B | $1.75B | $1.33B | $1.65B | $1.52B | $1.59B | $1.21B | $1.45B | $1.41B | $1.53B | $1.41B | $2.90B | $1.64B | $2.63B | $2.30B |
| Low Forecast | $1.99B | $1.92B | $1.89B | $1.84B | $1.87B | $1.79B | $1.75B | $1.73B | $1.77B | $1.70B | $1.66B | $1.22B | $1.28B | $978.42M | $1.21B | $1.11B | $1.17B | $889.47M | $1.10B | $1.01B | $1.06B | $808.61M | $963.55M | $942.34M | $1.02B | $941.47M | $1.93B | $1.09B | $1.75B | $1.53B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | - | - | 1.00% | 0.95% | - | - | 1.16% | 1.06% | 1.22% | 1.14% | 1.04% | 1.06% | 1.19% | 0.75% | 1.64% | 1.06% | 1.10% |
Raytheon's average Quarter SG&A projection for Mar 24 is $1.53B, based on 10 Wall Street analysts, with a range of $1.22B to $1.84B. The forecast indicates a 5.96% rise compared to RTX last annual SG&A of $1.45B (Dec 23).
Raytheon EPS Forecast
| Dec 26 | Oct 26 | Jul 26 | Mar 26 | Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 5 | 10 | 10 | 10 | 10 | 13 | 6 | 6 | 5 | 5 | 5 | 5 | 6 | 12 | 11 | 11 | 12 | 16 | 9 | 9 | 8 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $1.09 | - | - | $0.98 | $0.97 | - | - | $0.73 | $0.52 | $0.93 | $0.69 | $0.50 | $0.14 | $0.12 | $-2.54 | $-0.10 | $1.34 | $1.34 |
| Avg Forecast | $1.86 | $1.77 | $1.67 | $1.60 | $1.70 | $1.58 | $1.49 | $1.43 | $1.42 | $1.36 | $1.30 | $1.23 | $1.24 | $1.22 | $1.18 | $1.13 | $1.24 | $1.14 | $1.12 | $1.01 | $1.02 | $1.09 | $0.93 | $0.82 | $0.69 | $0.50 | $0.13 | $1.01 | $1.09 | $1.20 |
| High Forecast | $1.90 | $1.81 | $1.70 | $1.63 | $1.73 | $1.61 | $1.52 | $1.45 | $1.45 | $1.39 | $1.37 | $1.30 | $1.26 | $1.32 | $1.20 | $1.15 | $1.26 | $1.16 | $1.14 | $1.04 | $1.05 | $1.11 | $0.95 | $0.84 | $0.71 | $0.51 | $0.13 | $1.03 | $1.11 | $1.22 |
| Low Forecast | $1.83 | $1.74 | $1.65 | $1.57 | $1.67 | $1.55 | $1.47 | $1.40 | $1.40 | $1.27 | $1.16 | $1.18 | $1.23 | $1.14 | $1.16 | $1.11 | $1.22 | $1.12 | $1.10 | $0.99 | $1.00 | $1.06 | $0.91 | $0.80 | $0.68 | $0.49 | $0.12 | $0.98 | $1.06 | $1.17 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.88% | - | - | 0.87% | 0.78% | - | - | 0.72% | 0.51% | 0.86% | 0.74% | 0.61% | 0.20% | 0.24% | -19.96% | -0.10% | 1.23% | 1.12% |
According to 10 Wall Street analysts, Raytheon's projected average Quarter EPS for Mar 24 is $1.23, with a low estimate of $1.18 and a high estimate of $1.30. This represents a 13.16% increase compared to RTX previous annual EPS of $1.09 (Dec 23).
Raytheon Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SPCE | Virgin Galactic | $1.03 | $16.75 | 1526.21% | Hold |
| BA | Boeing | $182.96 | $220.92 | 20.75% | Buy |
| LHX | L3Harris | $222.09 | $249.00 | 12.12% | Buy |
| NOC | Northrop Grumman | $470.69 | $482.73 | 2.56% | Buy |
| LMT | Lockheed Martin | $464.83 | $467.25 | 0.52% | Buy |
| RTX | Raytheon | $104.24 | $103.60 | -0.61% | Hold |
| HII | Huntington Ingalls Industries | $256.16 | $244.83 | -4.42% | Hold |
| GD | General Dynamics | $295.75 | $276.17 | -6.62% | Buy |
RTX Forecast FAQ
Is Raytheon a good buy?
No, according to 15 Wall Street analysts, Raytheon (RTX) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 46.67% of RTX's total ratings.
What is RTX's price target?
Raytheon (RTX) average price target is $103.6 with a range of $85 to $119, implying a -0.61% from its last price of $104.24. The data is based on 15 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Raytheon stock go up soon?
According to Wall Street analysts' prediction for RTX stock, the company can go down by -0.61% (from the last price of $104.24 to the average price target of $103.6), up by 14.16% based on the highest stock price target, and down by -18.46% based on the lowest stock price target.
Can Raytheon stock reach $200?
RTX's average twelve months analyst stock price target of $103.6 does not support the claim that Raytheon can reach $200 in the near future.
What is Raytheon's current price target trend?
3 Wall Street analysts forecast a $105 price target for Raytheon (RTX) this month, up 0.73% from its last price of $104.24. Compared to the last 3 and 12 months, the average price target increased by 3.61% and decreased by -0.55%, respectively.
What are Raytheon's analysts' financial forecasts?
Raytheon's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $83.68B (high $84.86B, low $82.63B), average EBITDA is $13.02B (high $13.21B, low $12.86B), average net income is $8.29B (high $8.44B, low $8.15B), average SG&A $7.24B (high $7.34B, low $7.15B), and average EPS is $6.2 (high $6.31, low $6.1). RTX's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $89.46B (high $90.72B, low $88.33B), average EBITDA is $13.92B (high $14.12B, low $13.75B), average net income is $9.24B (high $9.41B, low $9.09B), average SG&A $7.74B (high $7.85B, low $7.64B), and average EPS is $6.91 (high $7.03, low $6.79).
Did the RTX's actual financial results beat the analysts' financial forecasts?
Based on Raytheon's last annual report (Dec 2023), the company's revenue was $68.92B, which missed the average analysts forecast of $72.96B by -5.53%. Apple's EBITDA was $3.56B, missing the average prediction of $10.85B by -67.19%. The company's net income was $3.38B, missing the average estimation of $4.58B by -26.16%. Apple's SG&A was $5.81B, beating the average forecast of $5.73B by 1.42%. Lastly, the company's EPS was $2.37, missing the average prediction of $4.78 by -50.37%. In terms of the last quarterly report (Dec 2023), Raytheon's revenue was $19.93B, beating the average analysts' forecast of $19.71B by 1.09%. The company's EBITDA was $1.78B, missing the average prediction of $2.54B by -30.15%. Raytheon's net income was $1.47B, beating the average estimation of $781.23M by 88.55%. The company's SG&A was $1.44B, missing the average forecast of $1.6B by -9.82%. Lastly, the company's EPS was $1.09, missing the average prediction of $1.24 by -12.43%