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RTX Corporation (RTX) Stock Analysis

By Nova Skye | AltStation.io | Updated February 07, 2026

Price

$200.44

Change

+2.28%

Market Cap

$268.75B

Avg Volume

5.1M

Company Overview

RTX Corporation is an aerospace and defense company based in Arlington, Virginia. They design and produce a wide array of products and services aimed at both civil and military sectors. Key offerings include advanced aircraft engines through their Pratt & Whitney division, various aerospace systems from Collins Aerospace, and defense technologies from Raytheon. Their clientele ranges from commercial airlines to government military agencies, highlighting their diverse customer base.

RTX holds a strong position within the aerospace and defense industry, largely acting as a market leader. Their extensive product portfolio and technological expertise give them a competitive edge. However, they face challenges from competitors like Boeing, Lockheed Martin, and Northrop Grumman, which are also entrenched in this space. Market dynamics, including increasing defense budgets and the shift towards more sustainable aviation technologies, have implications for all players but present both opportunities and threats for RTX.

Currently, RTX is navigating a significant transformation after rebranding from Raytheon Technologies in July 2023. The company is focused on integrating its diverse operations more effectively to drive growth. Recent milestones include a push towards enhancing their capabilities in advanced defense systems and sustainable aerospace technologies. This positioning, backed by solid demand in both commercial and defense sectors, suggests that RTX is set for growth, despite the competitive pressures they face.

Key Financials

Market Cap

$268.75B

Revenue

$88.60B

EBITDA

$15.12B

Gross Margin

20.1%

Profit Margin

7.6%

Revenue Growth

12.1%

Total Cash

$7.43B

Total Debt

$39.51B

Free Cash Flow

$7.17B

52-Week Price Performance Analysis

Price Statistics

P/E Ratio

40.41

Forward P/E

26.73

Beta

0.42

52-Week High

$206.48

52-Week Low

$112.27

EPS

$4.96

50-Day Avg

$186.09

200-Day Avg

$161.15

Price/Book

4.13

Technical Analysis

The overall trend for RTX Corporation (RTX) over the past 52 weeks shows a strong upward movement, indicated by a substantial increase of 57.8% from around $127 in February to the current price of $200.44. Key support levels are identified near $120 and $140, with a significant resistance level around $198.66, which also aligns with the 52-week high that was tested recently. The chart indicates a bullish pattern, characterized by a series of higher lows and higher highs, signaling a robust positive momentum. In the past few weeks, RTX has experienced positive price action, maintaining above its 50-day moving average, suggesting continued bullish momentum. Currently trading at $200.44, the stock is at the upper end of its 52-week range, which implies strong buyer interest and potential for further upward movement but may also face increased volatility near resistance levels.

Recent News and Developments

Market Update

Here’s a summary of the latest news and developments for RTX Corporation (RTX) stock in the past week:

1. BofA Securities Raises RTX Price Target, Citing Improved GTF Engine Program Outlook

BofA Securities increased its price target for RTX Corp. to $230.00 from $215.00 on Monday, February 2, 2026, while reiterating a “Buy” rating. This upgrade reflects BofA’s belief that RTX is “turning the corner” on previously challenging issues related to its Geared Turbofan (GTF) engine program, alongside strong demand tailwinds and reignited growth in its defense segment. The new target suggests a potential 15% upside from RTX’s price of $200.93 at the time of the report, with shares trading near their 52-week high of $205.36.

2. Raytheon Secures Landmark Agreements to Boost Munitions Production for U.S. Department of War

On February 4, 2026, Raytheon, an RTX business, announced five significant framework agreements with the U.S. Department of War to substantially increase the production capacity and accelerate deliveries of key munitions. These include Tomahawk, AMRAAM® missiles, Standard Missile-3® Block IB interceptors (SM-3 IB), Standard Missile-3® Block IIA interceptors (SM-3 IIA), and Standard Missile-6® (SM-6). The multi-year agreements aim to increase annual production of Tomahawks to over 1,000, AMRAAMs to at least 1,900, and SM-6 to more than 500, with some munitions seeing a 2 to 4 times increase in existing production rates.

Market Sentiment and Analyst Recommendations

Bull Case

RTX is firing on all cylinders right now. The company just landed landmark munitions contracts that will increase Tomahawk production to over 1,000 units annually and boost AMRAAM output to at least 1,900 units — some programs seeing 2-4x capacity increases. That’s not theoretical growth; that’s concrete orders from the Department of War. The GTF engine program, which dragged on the stock for years, is finally turning the corner according to BofA, and the analyst community agrees with 21 buy ratings and a $214 target price. RTX’s record $268 billion backlog essentially guarantees revenue visibility through the next several years, and management is guiding for 5-6% organic growth in 2026 with $92-93 billion in sales. The stock has climbed 57.8% in 52 weeks and is sitting at the upper end of its range, but with a 2026 EPS guidance of $6.60-$6.80, there’s still 15% upside to the BofA target of $230. Dividend history dating back to 1936 plus a fresh quarterly payment of 68 cents shows management confidence. This is a company with real demand tailwinds and execution momentum, not speculation.

Bear Case

The valuation is stretched at a 40.41 P/E ratio, and RTX is trading near all-time highs with limited margin of safety. Even with strong guidance, a P/E of 40 assumes flawless execution and no macro surprises — one miss and this stock corrects hard. The balance sheet shows $39.51 billion in debt against $7.43 billion in cash, a net debt position of $32 billion that limits financial flexibility if defense spending slows or programs face delays. GTF engine problems took years to resolve, and while they claim to be turning the corner, aerospace supply chain issues remain real and unpredictable. Defense spending is politically dependent, and any shift in geopolitical priorities or budget constraints could crater demand. At $200, RTX has already priced in most of the good news — the backlog, the munitions contracts, the GTF recovery — leaving little room for positive surprises. Analyst targets range from $150 to $238, showing genuine disagreement about where this stock should trade.

What to Watch

Monitor RTX’s 2026 earnings reports starting with Q1 results, specifically whether they hit the $6.60-$6.80 EPS guidance and deliver the promised 5-6% organic growth. Watch munitions production ramp execution — the Department of War contracts are only valuable if RTX can actually hit the aggressive timelines for Tomahawk, AMRAAM, and SM-6 deliveries. Track GTF engine program milestones and any commercial aircraft order updates from Boeing and Airbus, since engine reliability directly impacts their purchase decisions and RTX’s aerospace revenue. Keep an eye on defense budget appropriations in Congress; any reduction in military spending would immediately pressure the thesis. The stock needs to clear and hold above the $206.48 resistance level to confirm further upside; a break below $190 would signal momentum loss. Finally, watch quarterly backlog trends — if the $268 billion backlog starts shrinking, that’s a warning sign that demand is softening despite current tailwinds.

Analyst Consensus

BUY

Based on 21 analyst opinions

Low Target

$150.00

Mean Target

$214.07

High Target

$238.00

Earnings and Financial Data

Sector

Industrials

Industry

Aerospace & Defense

Employees

180,000

Earnings & Dividends

Next Earnings

Apr 21, 2026

EPS (Trailing)

$4.96

Dividend Yield

139.0%

Payout Ratio

53.8%

Frequently Asked Questions

Is RTX a good stock to buy?

Analysts recommend a BUY rating for RTX with a target price of $214.07. Given its solid market cap of $268.75 billion and growth potential in the aerospace and defense sector, it looks promising for investors.

What is RTX’s price target?

The average analyst price target for RTX is $214.07. This reflects an upside potential of approximately 6.8% from its current price of $200.44.

Does RTX pay a dividend?

Yes, RTX offers a dividend with a yield of 139.0%. This represents a compelling return for income-focused investors, although the yield figure appears unusually high and warrants further investigation.

What is RTX’s P/E ratio?

RTX has a P/E ratio of 40.41 and a forward P/E of 26.73. This indicates that while the stock is currently trading at a higher valuation, future earnings could justify this multiple.

What has been the stock price range for RTX in the last 52 weeks?

RTX has traded between $112.27 and $206.48 over the past year. The wide range suggests volatility, but the stock’s current price is near its all-time high, which may indicate strong momentum.

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Disclaimer: This report is for informational purposes only and does not constitute financial advice. The analysis and opinions expressed are those of AltStation.io and should not be relied upon as the sole basis for investment decisions. Always conduct your own research and consult with a qualified financial advisor before making investment decisions. Past performance does not guarantee future results. Updated February 07, 2026.