Price Target and Valuation - Wells Fargo raised RTX's price target to $151 from $140, representing a 31% premium to the current price [1] - Wall Street consensus projects RTX to generate $8.4 billion in free cash flow (FCF) in 2026, implying a price-to-FCF multiple of 18.2 times based on the current market cap of $153 billion [1] - Achieving the $151 price target would place RTX at a price-to-FCF multiple of just under 24 times 2026 FCF, which is lower than some aerospace and defense peers [2] Business Performance and Growth Drivers - RTX overcame the GTF engine inspections issue and saw strong aftermarket sales, offsetting weakness in original equipment sales due to disappointing airplane production at Boeing and Airbus [3] - RTX's defense business, Raytheon, improved adjusted operating profit margins in every reported quarter of 2024 so far [3] Industry Challenges and Valuation Concerns - Defense stock valuations appear stretched, and the sector may be overvalued [4] - The industry faces challenges from the U.S. government's push for fixed-price development programs, and there is no guarantee that current elevated spending levels will continue [4] - If RTX's defense business returns to a low single-digit growth rate, the current valuations may not justify the $151 price target [5]

General Meeting Announcement - RTX will hold its Annual General Meeting (AGM) on Friday, 31 January 2025, at 14:00 at the company's address: Stroemmen 6, Noerresundby, Denmark [1] - The notice convening the AGM includes the agenda and complete proposals for the meeting [1] - Questions and further information can be directed to Mille Tram Lux, CFO, or Peter Thostrup, Chair of the Board, at +45 96 32 23 00 [1]

ARLINGTON, Va., Jan. 7, 2025 /PRNewswire/ -- RTX (NYSE: RTX) will issue its fourth quarter and full year 2024 earnings results on Tuesday, January 28, prior to the stock market opening. A conference call will take place at 8:30 a.m. ET to discuss the results and the Company's outlook for 2025.The conference call will be webcast live on the company's website at www.rtx.com and will be available for replay following the call. A presentation corresponding with the conference call will be available for download ...

Defense stocks have been in a downdraft heading into the new year. President Trump’s intent to de-escalate geopolitical conflicts and end the war in Ukraine with funding cuts is causing concern throughout the aerospace sector. The world's largest defense contractor, Lockheed Martin Co. NYSE: LMT, shares tumbled 22% in just over two months from its high of $618.95 on Oct. 21, 2024, to $481.82 on Jan. 3, 2025. RTX TodayRTXRTX$113.98 -1.89 (-1.63%) 52-Week Range$84.43▼$128.70Dividend Yield2.21%P/E Ratio32.57P ...

As anticipated, Nvidia Monday kicked off its CES 2025 keynote by unveiling the new RTX Blackwell family of GPUs. The centerpiece of the line is the RTX 5090. The card bears a striking resemblance to its predecessor, but now sports, 92 billion transistors, 4,000 AT TOPS, 380 ray-tracing TFLOPS, and 1.8 TB/s bandwidth.The 5090 offered up some truly impressive real-time demos at the evening’s keynote, featuring deeply detailed graphics with complex textures and full ray tracing. Nvidia claims that the new pre ...

Contract marks the third Patriot order for Romania ANDOVER, Mass., Jan. 3, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, was awarded a $946 million contract to supply Romania with additional Patriot® air and missile defense systems. The contract includes fire units consisting of radars, control stations and missiles. "Raytheon is committed to providing Romania with advanced integrated air and missile defense capabilities to protect its citizens and critical infrastructure," said Pete Bata, sen ...

RTX Corp. (RTX) recently secured a modification contract to provide hardware, software and services for the production of the Patriot missile program. The award has been offered by the U.S. Army Contracting Command, Redstone Arsenal, AL.Valued at $946.4 million, the contract is projected to be completed by Dec. 31, 2029.What’s Favoring RTX Stock?Global defense spending has surged rapidly over the past decade as nations are significantly enhancing their military capabilities amid rising geopolitical tensions ...

RTX (RTX) closed the most recent trading day at $116.83, moving +0.17% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 1.1%. Elsewhere, the Dow gained 0.91%, while the tech-heavy Nasdaq added 1.35%.Shares of the an aerospace and defense company have depreciated by 1.7% over the course of the past month, outperforming the Aerospace sector's loss of 4.17% and lagging the S&P 500's gain of 0.22%.The investment community will be paying close attention to the earni ...

RTX Corporation’s (RTX) business segment, Raytheon, recently secured a deal for engineering and technical services in support of the Evolved Seasparrow Missile (“ESSM”) and NATO Seasparrow Missile Systems programs. The deal has been provided by the Naval Sea Systems Command, Washington, D.C.Valued at nearly $43 million, the contract is expected to be completed by December 2025. A major portion of the work related to this deal will be carried out in Tucson, AZ. This contract will primarily serve the U.S. gov ...

The latest trading session saw RTX (RTX) ending at $116.63, denoting a +0.13% adjustment from its last day's close. The stock lagged the S&P 500's daily gain of 0.73%. Meanwhile, the Dow gained 0.16%, and the Nasdaq, a tech-heavy index, added 0.98%.The the stock of an aerospace and defense company has fallen by 3.55% in the past month, lagging the Aerospace sector's loss of 2.61% and the S&P 500's gain of 0.34%.Analysts and investors alike will be keeping a close eye on the performance of RTX in its upcomin ...