Honeywell (HON) Stock Forecast, Price Target & Predictions
HON Stock Forecast
Honeywell stock forecast is as follows: an average price target of $224.56 (represents a 9.95% upside from HON’s last price of $204.24) 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 $224.56 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 9.95% upside from HON's last price of $204.24.
HON Analyst Ratings
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%), 5 'Buy' (45.45%), 6 'Hold' (54.55%), 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 |
|---|---|---|---|---|---|---|
| Sep 13, 2024 | Brett Linzey | Mizuho Securities | $245.00 | $204.67 | 19.70% | 19.96% |
| Sep 06, 2024 | Chris Snyder | Morgan Stanley | $210.00 | $202.98 | 3.46% | 2.82% |
| Jul 26, 2024 | Deane Dray | RBC Capital | $214.00 | $202.28 | 5.79% | 4.78% |
| Jun 10, 2024 | Damian Karas | UBS | $215.00 | $208.78 | 2.98% | 5.27% |
| Jun 04, 2024 | Deane Dray | RBC Capital | $218.00 | $205.59 | 6.03% | 6.74% |
| Apr 15, 2024 | Nicole DeBlase | Deutsche Bank | $215.00 | $194.04 | 10.80% | 5.27% |
| Mar 06, 2024 | Philip Buller | Berenberg Bank | $240.00 | $200.50 | 19.70% | 17.51% |
| Jul 27, 2023 | Andrew Kaplowitz | Citigroup | $242.00 | $208.26 | 16.20% | 18.49% |
| Jul 27, 2023 | Stephen Tusa | J.P. Morgan | $215.00 | $208.26 | 3.24% | 5.27% |
| Jul 27, 2023 | Nicole Deblase | Deutsche Bank | $228.00 | $208.26 | 9.48% | 11.63% |
The latest Honeywell stock forecast, released on Sep 13, 2024 by Brett Linzey from Mizuho Securities, set a price target of $245.00, which represents a 19.70% increase from the stock price at the time of the forecast ($204.67), and a 19.96% increase from HON last price ($204.24).
Honeywell Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 3 | 7 |
| Avg Price Target | $227.50 | $223.00 | $222.43 |
| Last Closing Price | $204.24 | $204.24 | $204.24 |
| Upside/Downside | 11.39% | 9.19% | 8.91% |
In the current month, the average price target of Honeywell stock is $227.50, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 11.39% increase as opposed to Honeywell's last price of $204.24. This month's average price target is up 2.02% compared to last quarter, and up 2.28% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 |
| Apr 15, 2024 | Deutsche Bank | Hold | Outperform | Downgrade |
| Apr 15, 2024 | Deutsche Bank | Buy | Hold | Downgrade |
| Apr 04, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Apr 02, 2024 | Barclays | Overweight | Overweight | Hold |
| Feb 06, 2024 | Wells Fargo | Sector Perform | Sector Perform | Hold |
Honeywell's last stock rating was published by Morgan Stanley on Sep 06, 2024. The company Initialise its HON rating from "Equal-Weight" to "Cautious".
Honeywell Financial Forecast
Honeywell Revenue Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $9.44B | - | - | $8.86B | $9.19B | $8.95B | - | $8.38B | $8.66B | $8.47B | $8.81B | $8.45B | $8.90B | $7.80B | $7.48B | $8.46B | $9.50B | $9.09B | $9.24B | $8.88B | $9.73B | $10.76B |
| Avg Forecast | $11.31B | $10.70B | $10.53B | $10.08B | $10.57B | $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 | $9.35B | $8.63B | $9.63B | $10.55B |
| High Forecast | $11.39B | $10.77B | $10.60B | $10.15B | $10.64B | $9.96B | $9.48B | $9.09B | $9.73B | $9.30B | $9.24B | $8.57B | $9.32B | $9.04B | $8.67B | $8.44B | $8.89B | $8.81B | $8.80B | $8.23B | $8.55B | $7.80B | $7.42B | $8.74B | $9.78B | $9.28B | $9.52B | $8.79B | $11.55B | $12.66B |
| Low Forecast | $11.21B | $10.60B | $10.44B | $9.99B | $10.48B | $9.85B | $9.33B | $8.95B | $9.69B | $9.13B | $9.10B | $8.44B | $9.18B | $8.90B | $8.67B | $8.18B | $8.62B | $8.55B | $8.53B | $7.98B | $8.29B | $7.57B | $7.20B | $8.48B | $9.48B | $9.00B | $9.23B | $8.52B | $7.70B | $8.44B |
| # Analysts | 8 | 5 | 4 | 4 | 8 | 11 | 5 | 4 | 5 | 16 | 8 | 9 | 12 | 7 | 7 | 9 | 14 | 8 | 8 | 8 | 5 | 5 | 10 | 7 | 4 | 4 | 8 | 5 | 11 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | 0.97% | - | - | 1.04% | 0.99% | 1.00% | - | 1.01% | 0.99% | 0.98% | 1.02% | 1.05% | 1.06% | 1.02% | 1.03% | 0.99% | 0.99% | 1.00% | 0.99% | 1.03% | 1.01% | 1.02% |
Honeywell's average Quarter revenue forecast for Mar 24 based on 4 analysts is $9.03B, with a low forecast of $8.95B, and a high forecast of $9.09B. 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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 5 | 4 | 4 | 8 | 11 | 5 | 4 | 5 | 16 | 8 | 9 | 12 | 7 | 7 | 9 | 14 | 8 | 8 | 8 | 5 | 5 | 10 | 7 | 4 | 4 | 8 | 5 | 11 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | $1.58B | - | $1.49B | $2.23B | $1.63B | $2.37B | - | $1.92B | $2.15B | $2.08B | $2.23B | $2.27B | $2.04B | $1.48B | $1.54B | $2.23B | $2.10B | $2.30B | $2.35B | $2.17B | $2.04B | $2.23B |
| Avg Forecast | $2.71B | $2.57B | $2.53B | $2.42B | $2.53B | $2.38B | $2.26B | $2.26B | $2.33B | $2.21B | $2.20B | $2.06B | $2.22B | $2.28B | $2.08B | $1.87B | $2.13B | $2.07B | $2.14B | $2.12B | $1.97B | $1.41B | $1.48B | $1.94B | $2.08B | $2.22B | $2.32B | $2.06B | $2.02B | $2.18B |
| High Forecast | $2.73B | $2.58B | $2.54B | $2.43B | $2.55B | $2.39B | $2.27B | $2.71B | $2.33B | $2.23B | $2.22B | $2.47B | $2.24B | $2.73B | $2.08B | $2.24B | $2.55B | $2.49B | $2.57B | $2.54B | $2.36B | $1.69B | $1.77B | $2.33B | $2.50B | $2.67B | $2.79B | $2.47B | $2.43B | $2.62B |
| Low Forecast | $2.69B | $2.54B | $2.50B | $2.40B | $2.51B | $2.36B | $2.24B | $1.81B | $2.32B | $2.19B | $2.18B | $1.64B | $2.20B | $1.82B | $2.08B | $1.49B | $1.70B | $1.66B | $1.71B | $1.70B | $1.57B | $1.13B | $1.18B | $1.55B | $1.66B | $1.78B | $1.86B | $1.65B | $1.62B | $1.74B |
| Surprise % | - | - | - | - | - | - | - | - | 0.68% | - | 0.68% | 1.09% | 0.74% | 1.04% | - | 1.03% | 1.01% | 1.01% | 1.04% | 1.07% | 1.04% | 1.05% | 1.04% | 1.15% | 1.01% | 1.04% | 1.01% | 1.05% | 1.01% | 1.02% |
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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 5 | 4 | 4 | 8 | 11 | 5 | 4 | 5 | 16 | 8 | 9 | 12 | 7 | 7 | 9 | 14 | 8 | 8 | 8 | 5 | 5 | 10 | 7 | 4 | 4 | 8 | 5 | 11 | 7 |
| Net Income | - | - | - | - | - | - | - | - | $1.26B | - | $1.49B | $1.39B | $1.02B | $1.55B | - | $1.13B | $1.44B | $1.26B | $1.43B | $1.43B | $1.36B | $758.00M | $1.08B | $1.58B | $1.56B | $1.62B | $1.54B | $1.42B | $1.72B | $2.34B |
| Avg Forecast | $1.99B | $1.80B | $1.80B | $1.64B | $1.83B | $1.64B | $1.58B | $1.34B | $1.70B | $1.46B | $1.44B | $1.21B | $1.64B | $1.38B | $1.33B | $1.10B | $1.41B | $1.25B | $1.37B | $1.33B | $1.31B | $722.39M | $1.04B | $1.38B | $1.55B | $1.57B | $1.53B | $1.35B | $1.70B | $2.29B |
| High Forecast | $2.01B | $1.82B | $1.82B | $1.65B | $1.84B | $1.67B | $1.59B | $1.60B | $1.72B | $1.48B | $1.46B | $1.46B | $1.65B | $1.65B | $1.33B | $1.32B | $1.70B | $1.50B | $1.65B | $1.60B | $1.57B | $866.87M | $1.24B | $1.66B | $1.86B | $1.88B | $1.83B | $1.62B | $2.04B | $2.75B |
| Low Forecast | $1.97B | $1.78B | $1.78B | $1.62B | $1.81B | $1.62B | $1.56B | $1.07B | $1.68B | $1.44B | $1.43B | $971.09M | $1.62B | $1.10B | $1.33B | $882.81M | $1.13B | $1.00B | $1.10B | $1.07B | $1.05B | $577.91M | $829.06M | $1.10B | $1.24B | $1.25B | $1.22B | $1.08B | $1.36B | $1.83B |
| Surprise % | - | - | - | - | - | - | - | - | 0.74% | - | 1.03% | 1.15% | 0.62% | 1.13% | - | 1.03% | 1.02% | 1.01% | 1.04% | 1.07% | 1.04% | 1.05% | 1.04% | 1.15% | 1.01% | 1.04% | 1.01% | 1.05% | 1.01% | 1.02% |
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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 5 | 4 | 4 | 8 | 11 | 5 | 4 | 5 | 16 | 8 | 9 | 12 | 7 | 7 | 9 | 14 | 8 | 8 | 8 | 5 | 5 | 10 | 7 | 4 | 4 | 8 | 5 | 11 | 7 |
| SG&A | - | - | - | - | - | - | - | - | $1.30B | - | - | $1.32B | $1.25B | $1.23B | - | $1.43B | $1.20B | $1.15B | $1.21B | $1.24B | $1.25B | $1.10B | $1.18B | $1.24B | $1.47B | $1.30B | $1.39B | $1.36B | $1.52B | $1.52B |
| Avg Forecast | $1.63B | $1.54B | $1.51B | $1.45B | $1.52B | $1.42B | $1.35B | $1.68B | $1.39B | $1.33B | $1.32B | $1.53B | $1.33B | $1.26B | $1.25B | $1.39B | $1.19B | $1.15B | $1.16B | $1.15B | $1.20B | $1.05B | $1.13B | $1.08B | $1.46B | $1.25B | $1.37B | $1.30B | $1.51B | $1.49B |
| High Forecast | $1.64B | $1.55B | $1.52B | $1.46B | $1.53B | $1.43B | $1.36B | $2.02B | $1.40B | $1.34B | $1.33B | $1.84B | $1.34B | $1.51B | $1.25B | $1.67B | $1.43B | $1.38B | $1.39B | $1.38B | $1.45B | $1.26B | $1.36B | $1.30B | $1.75B | $1.50B | $1.65B | $1.56B | $1.81B | $1.79B |
| Low Forecast | $1.61B | $1.52B | $1.50B | $1.44B | $1.51B | $1.42B | $1.34B | $1.35B | $1.39B | $1.31B | $1.31B | $1.23B | $1.32B | $1.01B | $1.25B | $1.11B | $953.10M | $917.01M | $925.78M | $922.88M | $963.46M | $840.94M | $907.29M | $864.07M | $1.17B | $1.00B | $1.10B | $1.04B | $1.21B | $1.19B |
| Surprise % | - | - | - | - | - | - | - | - | 0.93% | - | - | 0.86% | 0.94% | 0.97% | - | 1.03% | 1.01% | 1.01% | 1.04% | 1.07% | 1.04% | 1.05% | 1.04% | 1.15% | 1.01% | 1.04% | 1.01% | 1.05% | 1.01% | 1.02% |
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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 5 | 4 | 4 | 8 | 11 | 5 | 4 | 5 | 16 | 8 | 9 | 12 | 7 | 7 | 9 | 14 | 8 | 8 | 8 | 5 | 5 | 10 | 7 | 4 | 4 | 8 | 5 | 11 | 7 |
| EPS | - | - | - | - | - | - | - | - | $1.92 | - | $2.24 | $2.09 | $1.52 | $2.30 | - | $1.66 | $2.10 | $1.82 | $2.06 | $2.05 | $1.94 | $1.08 | $1.54 | $2.23 | $2.19 | $2.26 | $2.13 | $1.94 | $2.34 | $3.15 |
| Avg Forecast | $3.05 | $2.76 | $2.76 | $2.50 | $2.79 | $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 | $2.08 | $1.83 | $1.87 | $1.95 |
| High Forecast | $3.07 | $2.78 | $2.78 | $2.52 | $2.82 | $2.55 | $2.44 | $2.19 | $2.63 | $2.26 | $2.23 | $1.94 | $2.53 | $2.18 | $2.03 | $1.90 | $2.12 | $2.04 | $1.98 | $1.84 | $2.05 | $1.52 | $1.24 | $2.00 | $2.09 | $2.06 | $2.13 | $1.88 | $2.24 | $2.34 |
| Low Forecast | $3.01 | $2.73 | $2.73 | $2.47 | $2.76 | $2.48 | $2.39 | $2.15 | $2.56 | $2.20 | $2.18 | $1.91 | $2.48 | $2.13 | $2.03 | $1.83 | $2.04 | $1.96 | $1.91 | $1.77 | $1.97 | $1.46 | $1.19 | $1.92 | $2.01 | $1.98 | $2.05 | $1.80 | $1.50 | $1.56 |
| Surprise % | - | - | - | - | - | - | - | - | 0.74% | - | 1.02% | 1.08% | 0.61% | 1.07% | - | 0.89% | 1.01% | 0.91% | 1.06% | 1.14% | 0.97% | 0.73% | 1.27% | 1.14% | 1.07% | 1.12% | 1.02% | 1.06% | 1.25% | 1.62% |
According to 4 Wall Street analysts, Honeywell's projected average Quarter EPS for Mar 24 is $2.17, with a low estimate of $2.15 and a high estimate of $2.19. This represents a 13.21% increase compared to HON previous annual EPS of $1.92 (Dec 23).
Honeywell Peer Comparison by Price Target
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 5 'Buy' recommendations, accounting for 45.45% of HON's total ratings.
What is HON's price target?
Honeywell (HON) average price target is $224.56 with a range of $180 to $259, implying a 9.95% from its last price of $204.24. 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 up by 9.95% (from the last price of $204.24 to the average price target of $224.56), up by 26.81% based on the highest stock price target, and down by -11.87% based on the lowest stock price target.
Can Honeywell stock reach $300?
HON's average twelve months analyst stock price target of $224.56 does not support the claim that Honeywell can reach $300 in the near future.
What is Honeywell's current price target trend?
2 Wall Street analysts forecast a $227.5 price target for Honeywell (HON) this month, up 11.39% from its last price of $204.24. Compared to the last 3 and 12 months, the average price target increased by 9.19% and increased by 8.91%, respectively.
What are Honeywell's analysts' financial forecasts?
Honeywell's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $38.91B (high $39.17B, low $38.61B), average EBITDA is $9.43B (high $9.93B, low $8.92B), average net income is $6.39B (high $6.71B, low $6.06B), average SG&A $5.98B (high $6.34B, low $5.61B), and average EPS is $9.89 (high $10, low $9.78). HON's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $42.61B (high $42.91B, low $42.25B), average EBITDA is $10.22B (high $10.29B, low $10.14B), average net income is $7.24B (high $7.3B, low $7.16B), average SG&A $6.12B (high $6.17B, low $6.07B), and average EPS is $11.06 (high $11.16, low $10.94).
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 $8.8B by -19.47%. The company's net income was $5.66B, missing the average estimation of $5.81B by -2.64%. Apple's SG&A was $5.13B, missing the average forecast of $5.57B by -7.96%. 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 $2.33B by -31.94%. Honeywell's net income was $1.26B, missing the average estimation of $1.7B by -25.56%. The company's SG&A was $1.3B, missing the average forecast of $1.39B by -6.99%. Lastly, the company's EPS was $1.92, missing the average prediction of $2.59 by -25.97%