Core Insights - RTX Corporation has a market capitalization of $236.5 billion and operates in the aerospace and defense sector through three main segments: Collins Aerospace, Pratt & Whitney, and Raytheon, serving commercial, military, and government clients globally [1] Stock Performance - RTX shares have significantly outperformed the broader market, increasing by 45.6% over the past 52 weeks, compared to a 17.4% rise in the S&P 500 Index [2] - Year-to-date, RTX stock is up 53.3%, while the S&P 500 has seen a nearly 16% increase [2] - The company's performance also surpassed the Industrial Select Sector SPDR Fund's 14.3% return over the same period [3] Financial Results - On October 21, RTX reported Q3 2025 adjusted EPS of $1.70 and revenue of $22.48 billion, exceeding forecasts [4] - The company raised its full-year adjusted EPS outlook to between $6.10 and $6.20 and revenue guidance to between $86.5 billion and $87 billion, indicating strong demand [4] - Growth was driven by a 10% increase in defense sales, particularly in Patriot systems, and a 16% rise in Pratt & Whitney sales due to booming aerospace demand [4] Analyst Expectations - For the fiscal year ending December 2025, analysts project RTX's adjusted EPS to grow by 7.9% year-over-year to $6.18 [5] - RTX has a strong earnings surprise history, having exceeded consensus estimates in the last four quarters [5] - Among 21 analysts covering the stock, the consensus rating is a "Moderate Buy," with 13 "Strong Buy" ratings, one "Moderate Buy," and seven "Holds" [5] Price Targets - BofA analyst Ronald Epstein raised RTX's price target to $215 while maintaining a "Buy" rating [6] - The mean price target of $188.78 suggests a 6.4% premium to RTX's current price levels [6] - The highest price target of $215 indicates a potential upside of 21.2% [6]

Morgan Brennan has uh the defense names on the move this morning after earnings. Dom Chu has some other key names to watch. Morgan, we'll start with you.All right, good morning, Andrew. Well, it's a mixed picture for defense today as those earnings get underway. North of Grman higher on a beat and a raise.The B2 bomber maker getting a boost from its Sentinel ballistic missile and B21 bomber programs. RTX though, that was lower down about 2% here in pre-market after trimming fullear profit guidance. higher c ...