Textron (TXT) Stock Forecast, Price Target & Predictions
TXT Stock Forecast
Textron stock forecast is as follows: an average price target of $94.00 (represents a 22.32% upside from TXT’s last price of $76.85) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.
TXT Price Target
The average price target for Textron (TXT) is $94.00 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $100.00 to $87.00. This represents a potential 22.32% upside from TXT's last price of $76.85.
TXT Analyst Ratings
According to 9 Wall Street analysts, Textron's rating consensus is 'Buy'. The analyst rating breakdown for TXT stock is 0 'Strong Buy' (0.00%), 7 'Buy' (77.78%), 1 'Hold' (11.11%), 1 'Sell' (11.11%), and 0 'Strong Sell' (0.00%).
Textron Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 30, 2024 | Sheila Kahyaoglu | Jefferies | $100.00 | $81.77 | 22.29% | 30.12% |
| Aug 08, 2024 | Kristine Liwag | Morgan Stanley | $95.00 | $83.46 | 13.83% | 23.62% |
| Jul 19, 2024 | Gavin Parsons | UBS | $87.00 | $92.62 | -6.07% | 13.21% |
| Dec 15, 2022 | Goldman Sachs | $93.00 | $70.17 | 32.54% | 21.01% | |
| Jul 29, 2022 | Susquehanna | $84.00 | $65.38 | 28.48% | 9.30% | |
| May 02, 2022 | Barclays | $85.00 | $70.02 | 21.39% | 10.61% | |
| Apr 30, 2021 | Jonathan Raviv | Capital One Financial | $68.00 | $64.17 | 5.97% | -11.52% |
The latest Textron stock forecast, released on Oct 30, 2024 by Sheila Kahyaoglu from Jefferies, set a price target of $100.00, which represents a 22.29% increase from the stock price at the time of the forecast ($81.77), and a 30.12% increase from TXT last price ($76.85).
Textron Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 3 |
| Avg Price Target | - | $100.00 | $94.00 |
| Last Closing Price | $76.85 | $76.85 | $76.85 |
| Upside/Downside | -100.00% | 30.12% | 22.32% |
In the current month, the average price target of Textron stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Textron's last price of $76.85. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 30, 2024 | Jefferies | Buy | Buy | Hold |
| Sep 25, 2024 | Cowen & Co. | Buy | Hold | Downgrade |
| Sep 20, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Jul 22, 2024 | Citigroup | Buy | Buy | Hold |
| Jul 19, 2024 | UBS | Sell | Sell | Hold |
| Apr 09, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Apr 04, 2024 | Citigroup | Buy | Buy | Hold |
| Mar 08, 2024 | Evercore ISI | Buy | Upgrade | |
| Mar 08, 2024 | Bank of America Securities | Buy | Upgrade | |
| Dec 15, 2022 | Goldman Sachs | Buy | Buy | Hold |
| Jul 29, 2022 | Susquehanna | Positive | Positive | Hold |
| May 02, 2022 | Barclays | Overweight | Overweight | Hold |
Textron's last stock rating was published by Jefferies on Oct 30, 2024. The company gave TXT a "Buy" rating, the same as its previous rate.
Textron Financial Forecast
Textron 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 | - | - | - | - | - | - | - | - | - | - | - | - | $3.89B | $3.34B | $3.42B | $3.02B | $3.64B | $3.08B | $3.15B | $3.00B | $3.67B | $2.99B | $3.19B | $2.88B | $4.04B | $2.73B | $2.47B | $2.78B | - | $3.26B |
| Avg Forecast | $3.92B | $3.58B | $3.52B | $3.29B | $4.10B | $3.71B | $3.75B | $3.38B | $3.78B | $3.50B | $3.56B | $3.29B | $3.97B | $3.48B | $3.42B | $3.11B | $3.62B | $3.23B | $3.22B | $2.97B | $3.44B | $3.14B | $2.97B | $2.73B | $3.46B | $2.80B | $2.34B | $3.09B | $3.95B | $3.31B |
| High Forecast | $3.98B | $3.64B | $3.58B | $3.34B | $4.16B | $3.77B | $3.81B | $3.42B | $3.81B | $3.55B | $3.56B | $3.29B | $4.39B | $3.56B | $3.47B | $3.16B | $3.68B | $3.23B | $3.22B | $2.97B | $3.44B | $3.14B | $2.97B | $2.73B | $3.46B | $2.80B | $2.34B | $3.09B | $3.95B | $3.31B |
| Low Forecast | $3.87B | $3.54B | $3.48B | $3.25B | $4.05B | $3.66B | $3.70B | $3.35B | $3.75B | $3.44B | $3.56B | $3.28B | $3.58B | $3.38B | $3.37B | $3.07B | $3.57B | $3.23B | $3.22B | $2.97B | $3.44B | $3.14B | $2.97B | $2.73B | $3.46B | $2.80B | $2.34B | $3.09B | $3.95B | $3.31B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 7 | 3 | 3 | 3 | 4 | 12 | 7 | 7 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 8 | 6 | 3 | 3 | 2 | 2 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 0.96% | 1.00% | 0.97% | 1.00% | 0.95% | 0.98% | 1.01% | 1.07% | 0.95% | 1.08% | 1.05% | 1.16% | 0.98% | 1.06% | 0.90% | - | 0.98% |
Textron's average Quarter revenue forecast for Mar 24 based on 3 analysts is $3.29B, with a low forecast of $3.28B, and a high forecast of $3.29B. TXT's average Quarter revenue forecast represents a -15.59% decrease compared to the company's last Quarter revenue of $3.89B (Dec 23).
Textron 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 7 | 3 | 3 | 3 | 4 | 12 | 7 | 7 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 8 | 6 | 3 | 3 | 2 | 2 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $352.00M | $419.00M | $263.00M | $92.00M | $377.00M | $392.00M | $393.00M | $358.00M | $364.00M | $348.00M | $351.00M | $320.00M | $366.00M | $254.00M | $22.00M | $199.00M | - | $385.00M |
| Avg Forecast | $412.18M | $377.11M | $370.88M | $346.15M | $431.04M | $390.23M | $394.49M | $355.47M | $397.62M | $367.84M | $374.78M | $505.89M | $417.30M | $365.75M | $359.45M | $459.90M | $543.35M | $359.96M | $359.37M | $418.09M | $383.00M | $349.67M | $330.61M | $380.08M | $386.24M | $312.58M | $261.17M | $345.53M | $439.88M | $368.90M |
| High Forecast | $418.77M | $383.14M | $376.80M | $351.69M | $437.93M | $396.47M | $400.79M | $359.54M | $400.80M | $373.44M | $374.78M | $607.07M | $462.01M | $374.92M | $365.20M | $551.88M | $652.01M | $359.96M | $359.37M | $501.71M | $383.00M | $349.67M | $330.61M | $456.10M | $386.24M | $312.58M | $261.17M | $414.64M | $439.88M | $368.90M |
| Low Forecast | $407.18M | $372.53M | $366.37M | $341.95M | $425.81M | $385.50M | $389.70M | $352.41M | $394.43M | $362.24M | $374.78M | $404.71M | $376.84M | $355.56M | $355.09M | $367.92M | $434.68M | $359.96M | $359.37M | $334.47M | $383.00M | $349.67M | $330.61M | $304.07M | $386.24M | $312.58M | $261.17M | $276.42M | $439.88M | $368.90M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.84% | 1.15% | 0.73% | 0.20% | 0.69% | 1.09% | 1.09% | 0.86% | 0.95% | 1.00% | 1.06% | 0.84% | 0.95% | 0.81% | 0.08% | 0.58% | - | 1.04% |
3 analysts predict TXT's average Quarter EBITDA for Mar 24 to be $505.89M, with a high of $607.07M and a low of $404.71M. This is 43.72% upper than Textron's previous annual EBITDA (Dec 23) of $352.00M.
Textron 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 7 | 3 | 3 | 3 | 4 | 12 | 7 | 7 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 8 | 6 | 3 | 3 | 2 | 2 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $198.00M | $269.00M | $263.00M | $437.00M | $226.00M | $225.00M | $217.00M | $193.00M | $236.00M | $185.00M | $183.00M | $171.00M | $199.00M | $115.00M | $-92.00M | $50.00M | - | $220.00M |
| Avg Forecast | $339.00M | $306.22M | $289.98M | $263.60M | $375.29M | $321.84M | $311.88M | $259.64M | $263.74M | $281.73M | $279.79M | $254.37M | $289.54M | $244.27M | $229.11M | $231.24M | $297.69M | $178.30M | $169.29M | $210.22M | $182.82M | $148.85M | $125.24M | $191.11M | $174.88M | $68.18M | $-14.54M | $173.74M | $205.10M | $162.94M |
| High Forecast | $346.04M | $312.58M | $296.01M | $269.08M | $383.09M | $328.53M | $318.36M | $265.04M | $265.65M | $290.23M | $279.81M | $305.24M | $302.79M | $263.21M | $231.02M | $277.49M | $357.23M | $178.30M | $169.29M | $252.26M | $182.82M | $148.85M | $125.24M | $229.33M | $174.88M | $68.18M | $-14.54M | $208.48M | $205.10M | $162.94M |
| Low Forecast | $333.64M | $301.38M | $285.40M | $259.44M | $369.36M | $316.76M | $306.95M | $255.54M | $259.91M | $273.23M | $279.77M | $203.49M | $283.87M | $206.40M | $227.19M | $184.99M | $238.15M | $178.30M | $169.29M | $168.18M | $182.82M | $148.85M | $125.24M | $152.89M | $174.88M | $68.18M | $-14.54M | $138.99M | $205.10M | $162.94M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.68% | 1.10% | 1.15% | 1.89% | 0.76% | 1.26% | 1.28% | 0.92% | 1.29% | 1.24% | 1.46% | 0.89% | 1.14% | 1.69% | 6.33% | 0.29% | - | 1.35% |
Textron's average Quarter net income forecast for Mar 24 is $254.37M, with a range of $203.49M to $305.24M. TXT's average Quarter net income forecast represents a 28.47% increase compared to the company's last Quarter net income of $198.00M (Dec 23).
Textron 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 7 | 3 | 3 | 3 | 4 | 12 | 7 | 7 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 8 | 6 | 3 | 3 | 2 | 2 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $328.00M | $303.00M | $289.00M | $305.00M | $345.00M | $258.00M | $278.00M | $305.00M | $285.00M | $283.00M | $314.00M | $298.00M | $298.00M | $258.00M | $239.00M | $263.00M | - | $255.00M |
| Avg Forecast | $356.07M | $325.77M | $320.38M | $299.03M | $372.36M | $337.11M | $340.78M | $307.08M | $343.48M | $317.77M | $323.76M | $436.26M | $360.49M | $315.96M | $310.52M | $396.60M | $327.94M | $293.48M | $293.00M | $360.54M | $312.26M | $285.09M | $269.55M | $327.77M | $314.91M | $254.85M | $212.93M | $297.97M | $358.64M | $300.77M |
| High Forecast | $361.76M | $330.98M | $325.51M | $303.81M | $378.31M | $342.50M | $346.23M | $310.60M | $346.24M | $322.60M | $323.76M | $523.51M | $399.11M | $323.88M | $315.48M | $475.92M | $393.53M | $293.48M | $293.00M | $432.65M | $312.26M | $285.09M | $269.55M | $393.32M | $314.91M | $254.85M | $212.93M | $357.56M | $358.64M | $300.77M |
| Low Forecast | $351.75M | $321.82M | $316.49M | $295.40M | $367.84M | $333.01M | $336.64M | $304.44M | $340.73M | $312.93M | $323.76M | $349.01M | $325.54M | $307.16M | $306.75M | $317.28M | $262.35M | $293.48M | $293.00M | $288.44M | $312.26M | $285.09M | $269.55M | $262.21M | $314.91M | $254.85M | $212.93M | $238.38M | $358.64M | $300.77M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.91% | 0.96% | 0.93% | 0.77% | 1.05% | 0.88% | 0.95% | 0.85% | 0.91% | 0.99% | 1.16% | 0.91% | 0.95% | 1.01% | 1.12% | 0.88% | - | 0.85% |
Textron's average Quarter SG&A projection for Mar 24 is $436.26M, based on 3 Wall Street analysts, with a range of $349.01M to $523.51M. The forecast indicates a 33.01% rise compared to TXT last annual SG&A of $328.00M (Dec 23).
Textron 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 7 | 3 | 3 | 3 | 4 | 12 | 7 | 7 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 8 | 6 | 3 | 3 | 2 | 2 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.36 | $1.31 | $2.13 | $1.00 | $1.06 | $1.01 | $0.89 | $1.04 | $0.83 | $0.81 | $0.75 | $0.87 | $0.50 | $-0.40 | $0.22 | - | $0.95 |
| Avg Forecast | $1.79 | $1.62 | $1.53 | $1.40 | $1.99 | $1.70 | $1.65 | $1.37 | $1.40 | $1.49 | $1.48 | $1.22 | $1.53 | $1.29 | $1.21 | $0.99 | $1.07 | $0.93 | $0.88 | $0.73 | $0.95 | $0.78 | $0.65 | $0.47 | $0.91 | $0.36 | $-0.08 | $0.52 | $1.07 | $0.85 |
| High Forecast | $1.83 | $1.65 | $1.57 | $1.42 | $2.03 | $1.74 | $1.68 | $1.40 | $1.41 | $1.54 | $1.48 | $1.22 | $1.60 | $1.39 | $1.22 | $1.01 | $1.09 | $0.93 | $0.88 | $0.73 | $0.95 | $0.78 | $0.65 | $0.47 | $0.91 | $0.36 | $-0.08 | $0.52 | $1.07 | $0.85 |
| Low Forecast | $1.77 | $1.60 | $1.51 | $1.37 | $1.95 | $1.68 | $1.62 | $1.35 | $1.38 | $1.45 | $1.48 | $1.22 | $1.50 | $1.09 | $1.20 | $0.98 | $1.05 | $0.93 | $0.88 | $0.73 | $0.95 | $0.78 | $0.65 | $0.47 | $0.91 | $0.36 | $-0.08 | $0.52 | $1.07 | $0.85 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 1.08% | 2.14% | 0.93% | 1.14% | 1.14% | 1.22% | 1.09% | 1.07% | 1.24% | 1.60% | 0.96% | 1.41% | 5.28% | 0.42% | - | 1.12% |
According to 4 Wall Street analysts, Textron's projected average Quarter EPS for Dec 23 is $1.53, with a low estimate of $1.50 and a high estimate of $1.60. This represents a 12.68% increase compared to TXT previous annual EPS of $1.36 (Sep 23).
Textron Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| HWM | Howmet Aerospace | $111.93 | $149.63 | 33.68% | Buy |
| AIR | AAR | $62.80 | $80.00 | 27.39% | Buy |
| HII | Huntington Ingalls Industries | $193.49 | $244.83 | 26.53% | Hold |
| GD | General Dynamics | $265.22 | $334.00 | 25.93% | Buy |
| LHX | L3Harris | $218.45 | $274.57 | 25.69% | Buy |
| EVEX | Eve | $4.84 | $6.00 | 23.97% | Buy |
| LMT | Lockheed Martin | $490.61 | $603.11 | 22.93% | Buy |
| TXT | Textron | $80.07 | $94.00 | 17.40% | Buy |
| MRCY | Mercury Systems | $38.24 | $43.75 | 14.41% | Hold |
| NOC | Northrop Grumman | $480.29 | $548.70 | 14.24% | Hold |
| RTX | RTX | $117.42 | $131.60 | 12.08% | Hold |
| BA | Boeing Company | $173.03 | $191.31 | 10.56% | Buy |
| HXL | Hexcel | $63.60 | $69.86 | 9.84% | Hold |
| ERJ | Embraer | $37.08 | $36.00 | -2.91% | Hold |
| DRS | Leonardo DRS | $34.45 | $32.00 | -7.11% | Buy |
| CW | Curtiss-Wright | $364.49 | $328.67 | -9.83% | Buy |
| TGI | Triumph Group | $18.57 | $12.67 | -31.77% | Buy |