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Honeywell (HON) Stock Forecast, Price Target & Predictions

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HON Stock Forecast

Honeywell stock forecast is as follows: an average price target of $224.75 (represents a -1.56% downside from HON’s last price of $228.32) and a rating consensus of 'Hold', based on 11 wall street analysts offering a 1-year stock forecast.

HON Price Target

The average price target for Honeywell (HON) is $224.75 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $245.00 to $210.00. This represents a potential -1.56% downside from HON's last price of $228.32.

HON Analyst Ratings

Hold

According to 11 Wall Street analysts, Honeywell's rating consensus is 'Hold'. The analyst rating breakdown for HON stock is 0 'Strong Buy' (0.00%), 4 'Buy' (36.36%), 7 'Hold' (63.64%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Honeywell Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 24, 2024Andrew ObinBank of America Securities$230.00$209.1010.00%0.74%
Sep 13, 2024Brett LinzeyMizuho Securities$245.00$204.6719.70%7.31%
Sep 06, 2024Chris SnyderMorgan Stanley$210.00$202.983.46%-8.02%
Jul 26, 2024Deane DrayRBC Capital$214.00$202.285.79%-6.27%
Jun 10, 2024Damian KarasUBS$215.00$208.782.98%-5.83%
Jun 04, 2024Deane DrayRBC Capital$218.00$205.596.03%-4.52%
Apr 15, 2024Nicole DeBlaseDeutsche Bank$215.00$194.0410.80%-5.83%
Mar 06, 2024Philip BullerBerenberg Bank$240.00$200.5019.70%5.12%
Jul 27, 2023Nicole DeblaseDeutsche Bank$228.00$208.269.48%-0.14%
Jul 27, 2023Andrew KaplowitzCitigroup$242.00$208.2616.20%5.99%
Jul 27, 2023Joshua PokrzywinskiMorgan Stanley$219.00$208.265.16%-4.08%
Jul 27, 2023Stephen TusaJ.P. Morgan$215.00$208.263.24%-5.83%
Jul 17, 2022Joseph O’DeaWells Fargo$180.00$172.804.17%-21.16%
Jul 15, 2022Julian MitchellBarclays$204.00$169.5120.35%-10.65%
Jul 14, 2022Nicole DeBlaseDeutsche Bank$211.00$169.3924.56%-7.59%
Jun 07, 2022Joshua PokrzywinskiMorgan Stanley$194.00$195.19-0.61%-15.03%
May 08, 2022Joseph O’DeaWells Fargo$203.00$195.433.87%-11.09%
May 02, 2022Credit Suisse$206.00$200.342.83%-9.78%
May 02, 2022Morgan Stanley$216.00$200.127.94%-5.40%
May 02, 2022Citigroup$232.00$193.5119.89%1.61%
Apr 19, 2022Nicole DeBlaseDeutsche Bank$230.00$192.0719.75%0.74%
Apr 03, 2022Gautam KhannaCowen & Co.$230.00$196.0317.33%0.74%
Mar 05, 2022Joseph O’DeaWells Fargo$209.00$187.4311.51%-8.46%
Feb 20, 2022Markus MittermaierUBS$220.00$182.1320.79%-3.64%
Feb 07, 2022Joseph O'DeaWells Fargo$205.00$192.486.50%-10.21%
Feb 06, 2022Andrew KaplowitzCitigroup$248.00$191.5029.50%8.62%
Feb 04, 2022Stephen TusaJ.P. Morgan$235.00$190.4523.39%2.93%
Feb 03, 2022Brett LinzeyMizuho Securities$235.00$190.6923.24%2.93%
Feb 03, 2022Peter ArmentRobert W. Baird$243.00$190.6927.43%6.43%
Jan 23, 2022Sheila KahyaogluJefferies$230.00$203.3313.12%0.74%
Jan 14, 2022Phil BullerBerenberg Bank$230.00$216.466.26%0.74%
Jan 04, 2022John WalshCredit Suisse$226.00$209.008.13%-1.02%
Dec 08, 2021Andrew ObinBank of America Securities$245.00$203.5320.38%7.31%
Jul 12, 2021Nigel CoeWolfe Research$259.00$221.9416.70%13.44%

The latest Honeywell stock forecast, released on Oct 24, 2024 by Andrew Obin from Bank of America Securities, set a price target of $230.00, which represents a 10.00% increase from the stock price at the time of the forecast ($209.10), and a 0.74% increase from HON last price ($228.32).

Honeywell Price Target by Period

1M3M12M
# Anlaysts-18
Avg Price Target-$230.00$223.38
Last Closing Price$228.32$228.32$228.32
Upside/Downside-100.00%0.74%-2.16%

In the current month, the average price target of Honeywell stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Honeywell's last price of $228.32. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Dec 03, 2024CitigroupBuyBuyHold
Nov 22, 2024BarclaysOverweightOverweightHold
Nov 13, 2024Bank of America SecuritiesNeutralNeutralHold
Nov 12, 2024BarclaysOverweightOverweightHold
Oct 10, 2024Wolfe ResearchPeer PerformDowngrade
Oct 10, 2024BernsteinMarket PerformDowngrade
Sep 26, 2024RBC CapitalUnderperformUnderperformHold
Sep 26, 2024Wells FargoSector PerformSector PerformHold
Sep 06, 2024Morgan StanleyEqual-WeightCautiousInitialise
Jul 26, 2024RBC CapitalSector PerformSector PerformHold
Jun 10, 2024UBSSellNeutralUpgrade
Jun 04, 2024RBC CapitalSector PerformSector PerformHold
Jun 04, 2024CitigroupBuyBuyHold
Apr 15, 2024Deutsche BankHoldOutperformDowngrade
Apr 15, 2024Deutsche BankBuyHoldDowngrade
Apr 04, 2024RBC CapitalSector PerformSector PerformHold
Apr 02, 2024BarclaysOverweightOverweightHold
Feb 06, 2024Wells FargoSector PerformSector PerformHold
Feb 06, 2024RBC CapitalUnderperformUnderperformHold
Dec 29, 2023RBC CapitalSector PerformSector PerformHold
Oct 26, 2023UBSSellSellHold
Oct 26, 2023Morgan StanleyEqual-WeightEqual-WeightHold
Oct 26, 2023RBC CapitalSector PerformSector PerformHold
Oct 26, 2023CitigroupBuyBuyHold
Oct 26, 2023Deutsche BankBuyBuyHold
Jul 27, 2023CitigroupOverweightOverweightHold
Jul 27, 2023Deutsche BankBuyBuyHold
Jul 27, 2023Morgan StanleyEqual-WeightEqual-WeightHold
May 01, 2023Morgan StanleyEqual-WeightEqual-WeightHold
Apr 12, 2023Deutsche BankBuyBuyHold
Feb 28, 2023UBSSellSellHold
Feb 14, 2023HSBCHoldHoldHold
Jan 04, 2023UBSBuySellDowngrade
Dec 05, 2022Deutsche BankBuyBuyHold
Aug 01, 2022Wells FargoEqual-WeightEqual-WeightHold
Jul 15, 2022BarclaysOverweightOverweightHold
Jul 14, 2022Deutsche BankBuyBuyHold
Jul 11, 2022Bank of America SecuritiesBuyUpgrade
Jun 07, 2022Morgan StanleyEqual-WeightEqual-WeightHold
May 02, 2022Credit SuisseNeutralNeutralHold
May 02, 2022Morgan StanleyEqual-WeightEqual-WeightHold
May 02, 2022Wells FargoEqual-WeightEqual-WeightHold
May 02, 2022CitigroupBuyBuyHold
May 02, 2022Cowen & Co.BuyBuyHold
Apr 19, 2022Deutsche BankBuyBuyHold
Mar 05, 2022Wells FargoEqual-WeightEqual-WeightHold
Feb 20, 2022UBSBuyBuyHold
Nov 22, 2020HSBCBuyDowngrade
Nov 22, 2020JefferiesHoldDowngrade

Honeywell's last stock rating was published by Citigroup on Dec 03, 2024. The company gave HON a "Buy" rating, the same as its previous rate.

Honeywell Financial Forecast

Honeywell Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$9.44B--$8.86B$9.19B$8.95B$8.95B$8.38B$8.66B$8.47B$8.81B$8.45B$8.90B$7.80B$7.48B$8.46B$9.50B$9.09B
Avg Forecast$11.85B$11.37B$11.24B$10.73B$10.90B$10.41B$10.40B$9.91B$10.00B$9.91B$9.41B$9.03B$9.70B$9.23B$9.17B$8.51B$9.25B$8.98B$8.67B$8.29B$8.73B$8.66B$8.64B$8.08B$8.40B$7.66B$7.29B$8.59B$9.61B$9.12B
High Forecast$12.02B$11.53B$11.39B$10.88B$11.05B$10.55B$10.55B$9.97B$10.10B$9.91B$9.41B$9.03B$9.73B$9.30B$9.30B$8.63B$9.38B$8.98B$8.67B$8.29B$8.73B$8.66B$8.64B$8.08B$8.40B$7.66B$7.29B$8.59B$9.61B$9.12B
Low Forecast$11.68B$11.21B$11.07B$10.57B$10.74B$10.26B$10.25B$9.86B$9.95B$9.90B$9.41B$9.03B$9.69B$9.13B$9.04B$8.39B$9.12B$8.98B$8.67B$8.29B$8.73B$8.66B$8.64B$8.08B$8.40B$7.66B$7.29B$8.59B$9.61B$9.12B
# Analysts33454527634451689127781388913889127
Surprise %------------0.97%--1.04%0.99%1.00%1.03%1.01%0.99%0.98%1.02%1.05%1.06%1.02%1.03%0.99%0.99%1.00%

Honeywell's average Quarter revenue forecast for Mar 24 based on 4 analysts is $9.03B, with a low forecast of $9.03B, and a high forecast of $9.03B. HON's average Quarter revenue forecast represents a -4.37% decrease compared to the company's last Quarter revenue of $9.44B (Dec 23).

Honeywell EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33454527634451689127781388913889127
EBITDA------------$1.58B-$1.49B$2.23B$1.63B$2.37B$2.19B$1.92B$2.15B$2.08B$2.23B$2.27B$2.04B$1.48B$1.54B$2.23B$2.10B$2.30B
Avg Forecast$2.80B$2.68B$2.65B$2.53B$2.57B$2.46B$2.45B$2.34B$2.36B$2.34B$2.22B$2.26B$2.29B$2.18B$2.16B$2.06B$2.34B$2.15B$2.08B$1.87B$2.10B$2.08B$2.07B$2.12B$2.01B$1.84B$1.75B$1.94B$2.30B$2.19B
High Forecast$2.83B$2.72B$2.69B$2.57B$2.61B$2.49B$2.49B$2.35B$2.38B$2.34B$2.22B$2.71B$2.29B$2.19B$2.19B$2.47B$2.81B$2.15B$2.08B$2.24B$2.10B$2.08B$2.07B$2.54B$2.01B$1.84B$1.75B$2.33B$2.30B$2.19B
Low Forecast$2.75B$2.64B$2.61B$2.49B$2.53B$2.42B$2.42B$2.33B$2.35B$2.33B$2.22B$1.81B$2.28B$2.15B$2.13B$1.64B$1.87B$2.15B$2.08B$1.49B$2.10B$2.08B$2.07B$1.70B$2.01B$1.84B$1.75B$1.55B$2.30B$2.19B
Surprise %------------0.69%-0.69%1.09%0.70%1.10%1.05%1.03%1.03%1.00%1.08%1.07%1.01%0.81%0.88%1.15%0.91%1.05%

4 analysts predict HON's average Quarter EBITDA for Mar 24 to be $2.26B, with a high of $2.71B and a low of $1.81B. This is 42.81% upper than Honeywell's previous annual EBITDA (Dec 23) of $1.58B.

Honeywell Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33454527634451689127781388913889127
Net Income------------$1.26B-$1.49B$1.39B$1.02B$1.55B$1.26B$1.13B$1.44B$1.26B$1.43B$1.43B$1.36B$758.00M$1.08B$1.58B$1.56B$1.62B
Avg Forecast$2.12B$1.96B$1.96B$1.81B$1.96B$1.81B$1.77B$1.63B$1.65B$1.64B$1.58B$1.34B$1.70B$1.46B$1.44B$1.21B$1.56B$1.41B$1.33B$1.10B$1.36B$1.31B$1.27B$1.33B$1.31B$974.41M$793.75M$1.38B$1.34B$1.31B
High Forecast$2.16B$2.00B$2.00B$1.84B$1.99B$1.85B$1.80B$1.65B$1.85B$1.65B$1.58B$1.60B$1.72B$1.48B$1.47B$1.46B$1.87B$1.41B$1.33B$1.32B$1.42B$1.31B$1.27B$1.60B$1.31B$974.41M$793.75M$1.66B$1.34B$1.31B
Low Forecast$2.08B$1.93B$1.92B$1.77B$1.92B$1.78B$1.73B$1.60B$1.51B$1.63B$1.58B$1.07B$1.68B$1.44B$1.42B$971.09M$1.24B$1.41B$1.33B$882.81M$1.30B$1.31B$1.27B$1.07B$1.31B$974.41M$793.75M$1.10B$1.34B$1.31B
Surprise %------------0.74%-1.03%1.15%0.66%1.10%0.95%1.03%1.06%0.96%1.13%1.07%1.04%0.78%1.36%1.15%1.17%1.24%

Honeywell's average Quarter net income forecast for Mar 24 is $1.34B, with a range of $1.07B to $1.60B. HON's average Quarter net income forecast represents a 5.72% increase compared to the company's last Quarter net income of $1.26B (Dec 23).

Honeywell SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33454527634451689127781388913889127
SG&A------------$1.30B--$1.32B$1.25B$1.23B$1.31B$1.43B$1.20B$1.15B$1.21B$1.24B$1.25B$1.10B$1.18B$1.24B$1.47B$1.30B
Avg Forecast$1.68B$1.62B$1.60B$1.52B$1.55B$1.48B$1.48B$1.41B$1.42B$1.41B$1.34B$1.68B$1.38B$1.31B$1.30B$1.53B$1.31B$1.29B$1.25B$1.39B$1.26B$1.24B$1.24B$1.15B$1.21B$1.10B$1.05B$1.08B$1.38B$1.31B
High Forecast$1.71B$1.64B$1.62B$1.54B$1.57B$1.50B$1.50B$1.42B$1.43B$1.41B$1.34B$2.02B$1.38B$1.32B$1.32B$1.84B$1.57B$1.29B$1.25B$1.67B$1.26B$1.24B$1.24B$1.38B$1.21B$1.10B$1.05B$1.30B$1.38B$1.31B
Low Forecast$1.66B$1.59B$1.57B$1.50B$1.52B$1.46B$1.46B$1.40B$1.41B$1.41B$1.34B$1.35B$1.38B$1.30B$1.28B$1.23B$1.05B$1.29B$1.25B$1.11B$1.26B$1.24B$1.24B$922.88M$1.21B$1.10B$1.05B$864.07M$1.38B$1.31B
Surprise %------------0.94%--0.86%0.95%0.95%1.05%1.03%0.96%0.93%0.97%1.07%1.03%1.00%1.13%1.15%1.07%0.99%

Honeywell's average Quarter SG&A projection for Mar 24 is $1.68B, based on 4 Wall Street analysts, with a range of $1.35B to $2.02B. The forecast indicates a 30.01% rise compared to HON last annual SG&A of $1.30B (Dec 23).

Honeywell EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33454527634451689127781388913889127
EPS------------$1.92-$2.24$2.09$1.52$2.30$1.86$1.66$2.10$1.82$2.06$2.05$1.94$1.08$1.54$2.23$2.19$2.26
Avg Forecast$3.25$3.00$3.00$2.77$2.99$2.77$2.70$2.49$2.52$2.51$2.42$2.17$2.59$2.23$2.21$1.93$2.51$2.16$2.03$1.86$2.08$1.99$1.94$1.80$2.00$1.49$1.21$1.96$2.04$2.01
High Forecast$3.31$3.06$3.05$2.82$3.05$2.82$2.75$2.52$2.83$2.52$2.42$2.17$2.63$2.26$2.25$1.96$2.55$2.16$2.03$1.86$2.17$1.99$1.94$1.80$2.00$1.49$1.21$1.96$2.04$2.01
Low Forecast$3.18$2.95$2.94$2.71$2.93$2.72$2.65$2.45$2.30$2.50$2.42$2.17$2.56$2.20$2.16$1.89$2.46$2.16$2.03$1.86$1.98$1.99$1.94$1.80$2.00$1.49$1.21$1.96$2.04$2.01
Surprise %------------0.74%-1.02%1.08%0.61%1.07%0.92%0.89%1.01%0.91%1.06%1.14%0.97%0.73%1.27%1.14%1.07%1.12%

According to 4 Wall Street analysts, Honeywell's projected average Quarter EPS for Mar 24 is $2.17, with a low estimate of $2.17 and a high estimate of $2.17. This represents a 13.21% increase compared to HON previous annual EPS of $1.92 (Dec 23).

Honeywell Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
BBUBrookfield Business Partners$22.85$32.0040.04%Buy
GFFGriffon$75.72$84.0010.94%Strong Buy
CODICompass Diversified$23.92$26.008.70%
VMIValmont Industries$326.32$347.506.49%Hold
HONHoneywell$233.13$224.75-3.59%Hold
MDUMDU Resources Group$18.55$17.17-7.44%Hold

HON Forecast FAQ

Is Honeywell a good buy?

No, according to 11 Wall Street analysts, Honeywell (HON) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 36.36% of HON's total ratings.

What is HON's price target?

Honeywell (HON) average price target is $224.75 with a range of $210 to $245, implying a -1.56% from its last price of $228.32. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Honeywell stock go up soon?

According to Wall Street analysts' prediction for HON stock, the company can go down by -1.56% (from the last price of $228.32 to the average price target of $224.75), up by 7.31% based on the highest stock price target, and down by -8.02% based on the lowest stock price target.

Can Honeywell stock reach $300?

HON's average twelve months analyst stock price target of $224.75 does not support the claim that Honeywell can reach $300 in the near future.

What are Honeywell's analysts' financial forecasts?

Honeywell's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $41.62B (high $42.12B, low $41.1B), average EBITDA is $9.82B (high $9.94B, low $9.7B), average net income is $7.16B (high $7.28B, low $7.03B), average SG&A $5.91B (high $5.98B, low $5.84B), and average EPS is $10.95 (high $11.13, low $10.75). HON's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $45.19B (high $45.82B, low $44.52B), average EBITDA is $10.66B (high $10.81B, low $10.5B), average net income is $7.86B (high $8B, low $7.71B), average SG&A $6.42B (high $6.51B, low $6.32B), and average EPS is $12.01 (high $12.23, low $11.79).

Did the HON's actual financial results beat the analysts' financial forecasts?

Based on Honeywell's last annual report (Dec 2023), the company's revenue was $36.66B, beating the average analysts forecast of $36.62B by 0.13%. Apple's EBITDA was $7.08B, missing the average prediction of $8.68B by -18.43%. The company's net income was $5.66B, missing the average estimation of $5.81B by -2.62%. Apple's SG&A was $5.13B, missing the average forecast of $5.52B by -7.16%. Lastly, the company's EPS was $8.53, missing the average prediction of $8.95 by -4.74%. In terms of the last quarterly report (Dec 2023), Honeywell's revenue was $9.44B, missing the average analysts' forecast of $9.7B by -2.63%. The company's EBITDA was $1.58B, missing the average prediction of $2.29B by -30.78%. Honeywell's net income was $1.26B, missing the average estimation of $1.7B by -25.55%. The company's SG&A was $1.3B, missing the average forecast of $1.38B by -5.88%. Lastly, the company's EPS was $1.92, missing the average prediction of $2.59 by -25.97%