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 $223.63 (represents a -1.34% downside from HON’s last price of $226.67) 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 $223.63 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $259.00 to $180.00. This represents a potential -1.34% downside from HON's last price of $226.67.

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

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Oct 24, 2024	Andrew Obin	Bank of America Securities	$230.00	$209.10	10.00%	1.47%
Sep 13, 2024	Brett Linzey	Mizuho Securities	$245.00	$204.67	19.70%	8.09%
Sep 06, 2024	Chris Snyder	Morgan Stanley	$210.00	$202.98	3.46%	-7.35%
Jul 26, 2024	Deane Dray	RBC Capital	$214.00	$202.28	5.79%	-5.59%
Jun 10, 2024	Damian Karas	UBS	$215.00	$208.78	2.98%	-5.15%
Jun 04, 2024	Deane Dray	RBC Capital	$218.00	$205.59	6.03%	-3.82%
Apr 15, 2024	Nicole DeBlase	Deutsche Bank	$215.00	$194.04	10.80%	-5.15%
Mar 06, 2024	Philip Buller	Berenberg Bank	$240.00	$200.50	19.70%	5.88%
Jul 27, 2023	Andrew Kaplowitz	Citigroup	$242.00	$208.26	16.20%	6.76%
Jul 27, 2023	Stephen Tusa	J.P. Morgan	$215.00	$208.26	3.24%	-5.15%

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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 1.47% increase from HON last price ($226.67).

Honeywell Price Target by Period

	1M	3M	12M
# Anlaysts	1	3	8
Avg Price Target	$230.00	$228.33	$223.38
Last Closing Price	$226.67	$226.67	$226.67
Upside/Downside	1.47%	0.73%	-1.45%

In the current month, the average price target of Honeywell stock is $230.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 1.47% increase as opposed to Honeywell's last price of $226.67. This month's average price target is up 0.73% compared to last quarter, and up 2.96% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Nov 13, 2024	Bank of America Securities	Neutral	Neutral	Hold
Oct 10, 2024	Bernstein	-	Market Perform	Downgrade
Oct 10, 2024	Wolfe Research	-	Peer Perform	Downgrade
Sep 26, 2024	Wells Fargo	Sector Perform	Sector Perform	Hold
Sep 26, 2024	RBC Capital	Underperform	Underperform	Hold
Sep 06, 2024	Morgan Stanley	Equal-Weight	Cautious	Initialise
Jul 26, 2024	RBC Capital	Sector Perform	Sector Perform	Hold
Jun 10, 2024	UBS	Sell	Neutral	Upgrade
Jun 04, 2024	RBC Capital	Sector Perform	Sector Perform	Hold
Jun 04, 2024	Citigroup	Buy	Buy	Hold

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Honeywell's last stock rating was published by Bank of America Securities on Nov 13, 2024. The company gave HON a "Neutral" rating, the same as its previous rate.

Honeywell Financial Forecast

Honeywell Revenue Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 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	$11.03B	$10.47B	$10.46B	$9.96B	$10.27B	$9.89B	$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	$11.54B	$11.40B	$10.88B	$11.19B	$10.62B	$10.61B	$10.02B	$10.42B	$9.91B	$9.41B	$9.03B	$9.73B	$9.30B	$9.31B	$8.64B	$9.39B	$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	$11.70B	$11.23B	$11.09B	$10.59B	$10.89B	$10.33B	$10.32B	$9.91B	$10.22B	$9.87B	$9.41B	$9.03B	$9.69B	$9.13B	$9.06B	$8.41B	$9.14B	$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
# Analysts	3	3	3	3	4	4	4	6	10	9	4	4	5	16	8	9	12	7	7	8	13	8	8	9	13	8	8	9	12	7
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 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	3	3	3	3	4	4	4	6	10	9	4	4	5	16	8	9	12	7	7	8	13	8	8	9	13	8	8	9	12	7
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	$2.60B	$2.47B	$2.47B	$2.35B	$2.42B	$2.33B	$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	$2.84B	$2.72B	$2.69B	$2.57B	$2.64B	$2.50B	$2.50B	$2.36B	$2.46B	$2.34B	$2.22B	$2.71B	$2.29B	$2.19B	$2.20B	$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	$2.76B	$2.65B	$2.62B	$2.50B	$2.57B	$2.44B	$2.44B	$2.34B	$2.41B	$2.33B	$2.22B	$1.81B	$2.28B	$2.15B	$2.14B	$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 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	3	3	3	3	4	4	4	6	10	9	4	4	5	16	8	9	12	7	7	8	13	8	8	9	13	8	8	9	12	7
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	$1.97B	$1.82B	$1.77B	$1.63B	$1.82B	$1.65B	$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	$2.01B	$1.85B	$1.80B	$1.65B	$1.84B	$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	$2.09B	$1.93B	$1.93B	$1.78B	$1.94B	$1.79B	$1.74B	$1.61B	$1.79B	$1.65B	$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 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	3	3	3	3	4	4	4	6	10	9	4	4	5	16	8	9	12	7	7	8	13	8	8	9	13	8	8	9	12	7
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	$1.57B	$1.49B	$1.49B	$1.41B	$1.46B	$1.40B	$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	$1.55B	$1.59B	$1.51B	$1.51B	$1.42B	$1.48B	$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	$1.58B	$1.50B	$1.55B	$1.47B	$1.47B	$1.41B	$1.45B	$1.40B	$1.34B	$1.35B	$1.38B	$1.30B	$1.29B	$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 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	3	3	3	3	4	4	4	6	10	9	4	4	5	16	8	9	12	7	7	8	13	8	8	9	13	8	8	9	12	7
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	$3.01	$2.78	$2.71	$2.49	$2.78	$2.52	$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	$3.06	$2.82	$3.07	$2.83	$2.76	$2.53	$2.81	$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	$3.19	$2.95	$2.95	$2.72	$2.96	$2.73	$2.66	$2.46	$2.73	$2.52	$2.42	$2.17	$2.56	$2.20	$2.17	$1.89	$2.47	$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

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
MDU	MDU Resources Group	$18.80	$31.00	64.89%	Hold
BBU	Brookfield Business Partners	$23.56	$31.50	33.70%	Buy
CODI	Compass Diversified	$22.96	$26.00	13.24%	-
HON	Honeywell	$226.67	$223.63	-1.34%	Hold
VMI	Valmont Industries	$340.24	$328.33	-3.50%	Hold
GFF	Griffon	$79.37	$67.00	-15.59%	Strong Buy

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 $223.63 with a range of $180 to $259, implying a -1.34% from its last price of $226.67. 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 -1.34% (from the last price of $226.67 to the average price target of $223.63), up by 14.26% based on the highest stock price target, and down by -20.59% based on the lowest stock price target.

Can Honeywell stock reach $300?

HON's average twelve months analyst stock price target of $223.63 does not support the claim that Honeywell can reach $300 in the near future.

What is Honeywell's current price target trend?

1 Wall Street analyst forecast a $230 price target for Honeywell (HON) this month, up 1.47% from its last price of $226.67. Compared to the last 3 and 12 months, the average price target increased by 0.73% and decreased by -1.45%, respectively.

What are Honeywell's analysts' financial forecasts?

Honeywell's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $41.91B (high $42.44B, low $41.45B), average EBITDA is $9.89B (high $10.01B, low $9.78B), average net income is $7.18B (high $7.32B, low $7.07B), average SG&A $5.95B (high $6.03B, low $5.89B), and average EPS is $10.98 (high $11.19, low $10.81). HON's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $45.19B (high $45.85B, low $44.61B), average EBITDA is $10.66B (high $10.82B, low $10.52B), average net income is $7.86B (high $8.01B, low $7.73B), average SG&A $6.42B (high $6.51B, low $6.34B), and average EPS is $12.01 (high $12.24, low $11.82).

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%