RTX Price Prediction Next Week
Analysis and Insights
News Impact:
Contract Award: RTX was awarded a $100 million contract for retrofitting and repairing the HC-130J aircraft's Electro-Optical/Infrared system, expected to be completed by March 2035. This contract highlights RTX's strong position in defense and aerospace, potentially boosting investor confidence.
Analyst Upgrade: Baird upgraded RTX to Outperform, citing strong missile and radar products amid increased European defense spending.
Defense Spending Cuts: The Department of Defense announced $580 million in spending cuts, which could impact RTX's government contracts.
Technical Analysis:
Price Action: RTX closed at $132.37 on March 21, with a slight increase in post-market trading. The stock is trading near its 20-day SMA of $130.16, indicating potential support.
RSI: The RSI values (55.53 for RSI_6 and 58.09 for RSI_14) suggest the stock is in a neutral zone, not overbought or oversold.
MACD: The MACD line is above the signal line, indicating bullish momentum.
Fibonacci Levels: The pivot point is at $131.07, with resistance levels at $134.64 and $136.84, and support at $127.51 and $125.31.
Bollinger Bands: The stock is trading within the bands, with a lower band at $122.17 and an upper band at $138.14, suggesting moderate volatility.
Conclusion:
Based on the contract award and analyst upgrade, RTX is expected to rise slightly. Predicted price range for the next trading week: $134.50 to $136.84.
Recommendation: Buy RTX at the current level, targeting the upper resistance level of $136.84, with a stop-loss at $127.51.
RTX Similar Chart Price Prediction
The price of RTX is predicted to go up 50.56%, based on the high correlation periods with CNR. The similarity of these two price pattern on the periods is 95.88%.
RTX
CNR
Up: 50.56%Similarity: 95.88%
RTX Stock Forecast & Prediction For Years 2025, 2026, 2027, 2028, 2029 and 2030
Year
RTX Price Forecast($)
Potential Return(%)
2025
116.000
0.110
2026
145.000
9.030
2027
165.000
24.070
2028
180.000
35.350
2029
180.000
35.350
2030
180.000
35.350
What is RTX stock price prediction 2025 ?
What is RTX stock price prediction 2026 ?
What is RTX stock price prediction 2027 ?
What is RTX stock price prediction 2028 ?
What is RTX stock price prediction 2029 ?
What is RTX stock price prediction 2030 ?
RTX Revenue Forecast
RTX EPS Forecast
RTX FAQs
What is RTX revenue forecast for next quarter？
What is RTX eps forecast for next quarter？
RTX VS S&P500
Pratt & Whitney's placement on the A320 family and A220 aircraft should substantially increase the company's installed base of engines in coming years, unlocking decades of high-margin servicing revenue.
The missile and missile defense segment makes products that are prioritized by the National Defense Strategy, which should lead to consistent growth.
RTX is well balanced between commercial aerospace and defense, which would partially insulate the firm from a downturn in either segment.
RTX Analyst's Forecast
Peter Arment
Baird
Hold → Buy
2025-03-19
Price Target
$136 → $160
Upside
+18.24%
Baird upgraded RTX to Outperform from Neutral with a price target of $160, up from $136. Looking out 12 months, the firm expects GTF engine headline risk to "materially subside" exiting 2025. This will be further supported by a multi-year global missile replenishment cycle and "robust" Department of Defense budgets amid meaningful supplemental spending bills and the Golden Dome for America initiative, the analyst tells investors in a research note. Baird sees RTX as a significant beneficiary of the initiative.
Gavin Parsons
UBS
Hold → Strong Buy
2025-02-24
Price Target
$142 → $147
Upside
+17.2%
Ronald Epstein
B of A Securities
Strong Buy
2025-01-30
Price Target
$145 → $155
Upside
+20.17%
