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 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

RTX has been the subject of several recent research reports. Argus set a $245.00 price target on RTX and gave the company a “buy” rating in a research report on Thursday, July 30th. UBS Group boosted their price target on RTX from $209.00 to $212.00 and gave the company a “neutral” rating in a report on Wednesday. Morgan Stanley restated an “overweight” rating and issued a $240.00 price objective (up from $220.00) on shares of RTX in a research report on Friday, July 24th. Weiss Ratings raised shares of RTX from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, August 25th. Finally, Royal Bank Of Canada dropped their price objective on shares of RTX from $250.00 to $235.00 and set an “outperform” rating on the stock in a research note on Thursday, October 15th. Eighteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, RTX currently has an average rating of “Moderate Buy” and a consensus target price of $227.12.

RTX Price Performance

Shares of RTX stock traded down $1.77 during mid-day trading on Wednesday, hitting $191.57. 7,064,010 shares of the stock were exchanged, compared to its average volume of 5,364,994. The firm has a fifty day moving average of $198.46 and a 200 day moving average of $193.68. The company has a quick ratio of 0.78, a current ratio of 1.01 and a debt-to-equity ratio of 0.47. RTX has a 52-week low of $166.74 and a 52-week high of $226.88. The company has a market cap of $258.19 billion, a PE ratio of 33.73, a price-to-earnings-growth ratio of 2.47 and a beta of 0.31.

RTX (NYSE:RTX) last announced its quarterly earnings results 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. RTX had a return on equity of 13.99% and a net margin of 8.28%. The firm had revenue of $24.96 billion during the quarter, compared to analyst estimates of $24.11 billion. During the same quarter in the previous year, the business earned $1.70 EPS. RTX’s revenue for the quarter was up 11.1% compared to the same quarter last year. Research analysts anticipate that RTX will post 7.23 earnings per share for the current year.

Insider Buying and Selling at RTX

In other news, VP Kevin G. Dasilva sold 2,250 shares of the business’s 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 completion of the sale, the vice president directly owned 20,099 shares in the company, valued at $4,360,076.07. The trade was a 10.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 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 transaction, the executive vice president directly owned 13,184 shares of the company’s stock, valued at approximately $2,952,161.28. The trade was a 50.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 29,222 shares of company stock valued at $6,362,003. Company insiders own 0.10% of the company’s stock.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Strong Q3 beat and higher guidance: RTX reported adjusted earnings of $2.26 per share versus the $1.78 consensus, while revenue rose 11.1% year over year to roughly $25 billion. Management raised its 2026 adjusted sales forecast to $97 billion-$97.5 billion and increased its profit and free-cash-flow outlook. RTX Reports Q3 2026 Results
• Positive Sentiment: Record backlog supports long-term visibility: New commercial and defense awards pushed RTX’s total backlog to a record $340 billion, including strong missile demand and more than $81 billion of quarterly awards. Management said missile agreements could provide nearly a decade of demand visibility. RTX lifts 2026 forecasts
• Positive Sentiment: End-market momentum remains favorable: Commercial aerospace aftermarket demand, expanding defense production and a $729 million counter-drone contract package strengthen RTX’s growth outlook. Pratt & Whitney and Collins Aerospace also announced new aircraft-engine, avionics and air-traffic-management products. RTX Q3 earnings beat estimates
• Neutral Sentiment: Execution is improving, but investors want more margin expansion: Segment operating profit increased substantially and margins expanded, particularly at Collins Aerospace. However, analysts continue to focus on supply-chain and engine-related costs, as well as whether improvements can translate into sustained free cash flow.
• Negative Sentiment: Valuation and capital-allocation concerns are limiting the reaction: Despite the earnings beat, RTX trades at a premium earnings multiple. Paused share buybacks, ongoing margin pressure and concerns that part of the cash-flow improvement came from selling receivables may be prompting investors to lock in gains rather than chase the stock higher. RTX Q3 earnings and margin gains

RTX Company Profile

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.