RTX (NYSE:RTX) Announces FY 2026 Earnings Guidance

RTX (NYSE:RTX) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 7.650-7.750 for the period, compared to the consensus earnings per share 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.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on RTX. Wells Fargo & Company boosted their price objective on RTX from $200.00 to $230.00 and gave the company an “equal weight” rating in a research note on Friday, July 24th. JPMorgan Chase & Co. raised their target price 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. Robert W. Baird set a $240.00 target price on shares of RTX in a research note on Friday, July 24th. UBS Group lifted their price target on shares of RTX from $209.00 to $212.00 and gave the company a “neutral” rating in a report on Wednesday. Finally, Citigroup reiterated a “buy” rating on shares of RTX in a research report on Wednesday, October 7th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $227.12.

RTX Stock Up 1.5%

Shares of RTX opened at $194.49 on Friday. The business’s 50 day moving average is $197.32 and its 200 day moving average is $193.64. The company has a market capitalization of $262.45 billion, a PE ratio of 31.57, a price-to-earnings-growth ratio of 2.31 and a beta of 0.31. RTX has a 12-month low of $166.74 and a 12-month high of $226.88. The company has a current ratio of 1.05, a quick ratio of 0.78 and a debt-to-equity ratio of 0.44.

RTX (NYSE:RTX) last posted its quarterly earnings results on Tuesday, October 20th. The company reported $2.26 earnings per share for the quarter, topping the consensus estimate of $1.78 by $0.48. RTX had a return on equity of 14.89% and a net margin of 8.75%. The business had revenue of $24.96 billion during the quarter, compared to the consensus estimate of $24.11 billion. During the same period in the prior year, the company posted $1.70 EPS. The firm’s revenue for the quarter was up 11.1% compared to the same quarter last year. Research analysts expect that RTX will post 7.72 earnings per share for the current fiscal year.

Insider Activity at RTX

In other RTX news, VP Kevin G. Dasilva sold 2,250 shares of RTX stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $216.93, for a total value of $488,092.50. Following the sale, the vice president owned 20,099 shares of the company’s stock, valued at $4,360,076.07. The trade was a 10.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Ramsaran Maharajh sold 13,655 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $223.92, for a total value of $3,057,627.60. Following the sale, the executive vice president directly owned 13,184 shares in the company, valued at $2,952,161.28. This trade represents a 50.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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: Raised outlook and record backlog support growth: RTX raised its FY 2026 guidance to adjusted EPS of $7.65–$7.75 and revenue of $97.0–$97.5 billion, above consensus estimates. Management also highlighted a record $340 billion backlog, expanding defense production and robust commercial aerospace demand. RTX Q3 Earnings Call Highlights Defense Backlog and Higher 2026 Outlook
• Positive Sentiment: Profitability improved significantly: Adjusted segment operating profit rose with roughly 310 basis points of margin expansion, while strong cash flow and demand for aircraft replacement parts, repairs, avionics and engines reinforce RTX’s longer-term earnings and dividend appeal. RTX Q3 Earnings Put Margin Gains Ahead Of Stock Price Reaction
• Positive Sentiment: Defense bookings remain supportive: Raytheon secured a $350 million modification to a U.S. Air Force contract, adding near-term revenue visibility to the company’s already substantial defense backlog. RTX’s Raytheon Secures $350 Million US Air Force Contract Modification
• Neutral Sentiment: New Collins Aerospace products, including FAA-compliant radio-altimeter upgrades and digital air-traffic surveillance tools, and Pratt & Whitney Canada’s certified PT9 turboprop expand RTX’s commercial aerospace offering. Their financial contribution is likely to develop over time. Collins Aerospace Announces Radio Altimeter Upgrades
• Negative Sentiment: RTX trades at a relatively elevated valuation after its earnings-driven advance, while ongoing margin pressures and paused buybacks could limit additional near-term upside despite the stronger outlook.

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.