RTX Corporation Stock Target Price Raised by Analysts
RTX Corporation (RTX) has outperformed the broader market over the past year, with its stock rising 40.1% compared to a 16.3% gain for the S&P 500 Index and an 18.1% return for the XLI ETF. The company raised its full-year guidance on July 23 after delivering strong Q2 results that exceeded expectations, including adjusted EPS of $1.89 and revenue of $24.71 billion. RTX also reported a year-over-year backlog increase to $289 billion, driven by demand in commercial aerospace maintenance services and defense systems. Analysts expect the company's adjusted earnings per share for fiscal 2026 to grow 14.5% to $7.20. The consensus rating among analysts is
Topics: aerospace defense financial results stock performance