Should You Buy Honeywell International Inc (HON) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/29
BUY for a beginner, long-term investor. Honeywell is trading near a key pivot/support zone (~217, with S1 ~212.9) while long-term catalysts (portfolio simplification/aerospace value recognition) remain in play. Options positioning is net bullish (put/call < 1) and recent quarter growth was strong (revenue, EPS, net income up YoY). Even though near-term price probabilities skew slightly negative and the setup isn’t a momentum breakout, the current level is a reasonable long-term entry for an impatient investor.
Technical Analysis
Trend/Setup: Neutral-to-slightly constructive but not a breakout. RSI(6) ~50 (neutral), moving averages are converging (range-bound/transition phase). MACD histogram is positive (0.539) but contracting, suggesting bullish momentum is fading rather than accelerating.
Key levels: Pivot ~217.62 is the battleground. Holding above keeps a stabilizing bias; below it, next supports are ~212.86 (S1) then ~209.92 (S2). Upside resistance sits at ~222.38 (R1) then ~225.32 (R2).
Quant pattern read-through (similar candlesticks): indicates modest short-term downside bias (next day/week/month probabilities lean negative), implying this is more of a long-term accumulation entry than a short-term momentum buy.
Intellectia Proprietary Trading Signals
- [AI Stock Picker](module://ai_stock_pick): No signal on given stock today.
- [SwingMax](module://swingmax): No signal on given stock today.
Analyst Ratings and Price Target Trends
Recent trend: Mixed, but with a notable bullish step-up in January. JPMorgan upgraded to Overweight with a $255 target (from $218), arguing the stock discounts sum-of-the-parts value (especially aerospace). Offsetting that, multiple firms trimmed targets/downgraded around the turn of the year (Wells Fargo to $215 Equal Weight; Vertical Research to Hold $220; Mizuho cut to $240 but kept Outperform). BofA remains the most bearish (Underperform $205) citing a challenging catalyst path and no EPS growth in 2026.
Wall Street pro view (pros): value-unlock/spin narrative, aerospace strength, potential re-rating via sum-of-the-parts; (cons): execution/catalyst timing risk, uneven industrial demand, margin pressure and skepticism about 2026 EPS growth.
Influential/political trading: No recent congress trading data available; no notable politician/influential figure trades provided.
Wall Street analysts forecast HON stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HON is 235.07 USD with a low forecast of 195 USD and a high forecast of 262 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast HON stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HON is 235.07 USD with a low forecast of 195 USD and a high forecast of 262 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 220.910
Current: 220.910
