Textron (TXT) Stock Forecast, Price Target & Predictions
TXT Stock Forecast
Textron stock forecast is as follows: an average price target of $85.33 (represents a -2.70% downside from TXT’s last price of $87.70) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.
TXT Price Target
The average price target for Textron (TXT) is $85.33 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $95.00 to $68.00. This represents a potential -2.70% downside from TXT's last price of $87.70.
TXT Analyst Ratings
According to 8 Wall Street analysts, Textron's rating consensus is 'Buy'. The analyst rating breakdown for TXT stock is 0 'Strong Buy' (0.00%), 7 'Buy' (87.50%), 0 'Hold' (0.00%), 1 'Sell' (12.50%), 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 |
|---|---|---|---|---|---|---|
| Aug 08, 2024 | Kristine Liwag | Morgan Stanley | $95.00 | $83.46 | 13.83% | 8.32% |
| Jul 19, 2024 | Gavin Parsons | UBS | $87.00 | $92.62 | -6.07% | -0.80% |
| Dec 15, 2022 | - | Goldman Sachs | $93.00 | $70.17 | 32.54% | 6.04% |
| Jul 29, 2022 | - | Susquehanna | $84.00 | $65.38 | 28.48% | -4.22% |
| May 02, 2022 | - | Barclays | $85.00 | $70.02 | 21.39% | -3.08% |
| Apr 30, 2021 | Jonathan Raviv | Capital One Financial | $68.00 | $64.17 | 5.97% | -22.46% |
The latest Textron stock forecast, released on Aug 08, 2024 by Kristine Liwag from Morgan Stanley, set a price target of $95.00, which represents a 13.83% increase from the stock price at the time of the forecast ($83.46), and a 8.32% increase from TXT last price ($87.70).
Textron Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 2 |
| Avg Price Target | - | $91.00 | $91.00 |
| Last Closing Price | $87.70 | $87.70 | $87.70 |
| Upside/Downside | -100.00% | 3.76% | 3.76% |
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 $87.70. 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 |
|---|---|---|---|---|
| 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 Citigroup on Jul 22, 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 | $3.96B | $3.64B | $3.54B | $3.35B | $4.18B | $3.77B | $3.74B | $3.36B | $4.24B | $3.60B | $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 | $4.07B | $3.74B | $3.64B | $3.45B | $4.29B | $3.88B | $3.85B | $3.46B | $4.36B | $3.68B | $3.66B | $3.38B | $4.39B | $3.56B | $3.51B | $3.20B | $3.72B | $3.32B | $3.22B | $3.15B | $3.65B | $3.33B | $3.15B | $2.90B | $3.68B | $2.98B | $2.49B | $3.28B | $4.19B | $3.51B |
| Low Forecast | $3.89B | $3.57B | $3.48B | $3.29B | $4.10B | $3.70B | $3.67B | $3.30B | $4.16B | $3.51B | $3.50B | $3.22B | $3.58B | $3.38B | $3.35B | $3.05B | $3.55B | $3.17B | $3.22B | $2.84B | $3.29B | $3.00B | $2.84B | $2.61B | $3.31B | $2.68B | $2.24B | $2.96B | $3.78B | $3.17B |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 8 | 4 | 2 | 4 | 12 | 8 | 8 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 15 | 10 | 16 | 8 | 11 | 7 | 11 |
| 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 2 analysts is $3.29B, with a low forecast of $3.22B, and a high forecast of $3.38B. 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 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 8 | 4 | 2 | 4 | 12 | 8 | 8 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 15 | 10 | 16 | 8 | 11 | 7 | 11 |
| 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 | $441.91M | $405.41M | $394.88M | $373.83M | $465.61M | $420.75M | $417.19M | $374.97M | $472.58M | $401.68M | $397.09M | $505.89M | $442.14M | $387.53M | $380.86M | $459.90M | $403.40M | $452.15M | $359.37M | $418.09M | $493.95M | $411.04M | $469.06M | $380.08M | $449.05M | $373.68M | $426.42M | $345.53M | $408.22M | $339.71M |
| High Forecast | $454.30M | $416.77M | $405.95M | $384.31M | $478.66M | $432.55M | $428.89M | $385.48M | $485.83M | $410.56M | $408.23M | $607.07M | $489.52M | $397.25M | $391.54M | $551.88M | $414.71M | $542.58M | $359.37M | $501.71M | $592.74M | $493.25M | $562.87M | $456.10M | $538.85M | $448.41M | $511.70M | $414.64M | $489.87M | $407.65M |
| Low Forecast | $433.78M | $397.95M | $387.61M | $366.95M | $457.04M | $413.01M | $409.51M | $368.07M | $463.88M | $391.70M | $389.79M | $404.71M | $399.28M | $376.73M | $373.85M | $367.92M | $395.97M | $361.72M | $359.37M | $334.47M | $395.16M | $328.84M | $375.25M | $304.07M | $359.24M | $298.94M | $341.13M | $276.42M | $326.58M | $271.76M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.80% | 1.08% | 0.69% | 0.20% | 0.93% | 0.87% | 1.09% | 0.86% | 0.74% | 0.85% | 0.75% | 0.84% | 0.82% | 0.68% | 0.05% | 0.58% | - | 1.13% |
2 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 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 8 | 4 | 2 | 4 | 12 | 8 | 8 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 15 | 10 | 16 | 8 | 11 | 7 | 11 |
| 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 | $349.18M | $316.13M | $303.95M | $278.86M | $400.33M | $341.52M | $325.58M | $276.44M | $383.17M | $303.84M | $284.10M | $254.37M | $294.00M | $248.04M | $232.64M | $231.24M | $205.65M | $258.37M | $171.94M | $210.22M | $270.63M | $234.88M | $241.20M | $191.11M | $246.03M | $213.53M | $219.27M | $173.74M | $223.66M | $194.12M |
| High Forecast | $361.91M | $327.65M | $315.03M | $289.03M | $414.92M | $353.97M | $337.45M | $286.51M | $397.14M | $315.53M | $294.45M | $305.24M | $307.46M | $267.27M | $241.12M | $277.49M | $213.14M | $310.04M | $171.94M | $252.26M | $324.75M | $281.86M | $289.44M | $229.33M | $295.23M | $256.24M | $263.13M | $208.48M | $268.39M | $232.94M |
| Low Forecast | $340.83M | $308.56M | $296.68M | $272.19M | $390.75M | $333.35M | $317.79M | $269.82M | $374.01M | $290.21M | $277.30M | $203.49M | $288.24M | $209.58M | $227.07M | $184.99M | $200.73M | $206.70M | $171.94M | $168.18M | $216.50M | $187.91M | $192.96M | $152.89M | $196.82M | $170.82M | $175.42M | $138.99M | $178.93M | $155.29M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.67% | 1.08% | 1.13% | 1.89% | 1.10% | 0.87% | 1.26% | 0.92% | 0.87% | 0.79% | 0.76% | 0.89% | 0.81% | 0.54% | -0.42% | 0.29% | - | 1.13% |
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 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 8 | 4 | 2 | 4 | 12 | 8 | 8 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 15 | 10 | 16 | 8 | 11 | 7 | 11 |
| 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 | $360.29M | $330.53M | $321.95M | $304.79M | $379.61M | $343.05M | $340.14M | $305.71M | $385.30M | $327.50M | $323.76M | $436.26M | $360.49M | $315.96M | $310.52M | $396.60M | $328.89M | $299.48M | $293.00M | $360.54M | $298.13M | $272.25M | $324.56M | $327.77M | $271.03M | $247.50M | $295.06M | $297.97M | $246.39M | $225.00M |
| High Forecast | $370.39M | $339.80M | $330.97M | $313.34M | $390.26M | $352.66M | $349.68M | $314.29M | $396.10M | $334.73M | $332.83M | $523.51M | $399.11M | $323.88M | $319.23M | $475.92M | $338.12M | $359.37M | $293.00M | $432.65M | $357.76M | $326.70M | $389.47M | $393.32M | $325.23M | $297.00M | $354.07M | $357.56M | $295.67M | $270.00M |
| Low Forecast | $353.66M | $324.45M | $316.02M | $299.18M | $372.63M | $336.73M | $333.88M | $300.09M | $378.21M | $319.35M | $317.80M | $349.01M | $325.54M | $307.16M | $304.80M | $317.28M | $322.84M | $239.58M | $293.00M | $288.44M | $238.50M | $217.80M | $259.65M | $262.21M | $216.82M | $198.00M | $236.04M | $238.38M | $197.11M | $180.00M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.91% | 0.96% | 0.93% | 0.77% | 1.05% | 0.86% | 0.95% | 0.85% | 0.96% | 1.04% | 0.97% | 0.91% | 1.10% | 1.04% | 0.81% | 0.88% | - | 1.13% |
Textron's average Quarter SG&A projection for Mar 24 is $436.26M, based on 2 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 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 8 | 4 | 2 | 4 | 12 | 8 | 8 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 15 | 10 | 16 | 8 | 11 | 7 | 11 |
| 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 | $1.82 | $1.65 | $1.58 | $1.45 | $2.09 | $1.78 | $1.70 | $1.44 | $2.00 | $1.58 | $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 | $1.89 | $1.71 | $1.64 | $1.51 | $2.16 | $1.84 | $1.76 | $1.49 | $2.07 | $1.64 | $1.53 | $1.26 | $1.60 | $1.39 | $1.26 | $1.03 | $1.11 | $0.96 | $0.88 | $0.79 | $1.03 | $0.84 | $0.71 | $0.51 | $0.98 | $0.38 | $-0.07 | $0.56 | $1.16 | $0.92 |
| Low Forecast | $1.78 | $1.61 | $1.55 | $1.42 | $2.04 | $1.74 | $1.66 | $1.41 | $1.95 | $1.51 | $1.45 | $1.19 | $1.50 | $1.09 | $1.18 | $0.97 | $1.05 | $0.91 | $0.88 | $0.69 | $0.90 | $0.73 | $0.62 | $0.44 | $0.86 | $0.34 | $-0.08 | $0.49 | $1.01 | $0.80 |
| 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 |
|---|---|---|---|---|---|
| EVEX | Eve | $2.87 | $6.75 | 135.19% | Buy |
| TGI | Triumph Group | $13.46 | $18.00 | 33.73% | Buy |
| BA | Boeing Company | $156.77 | $205.35 | 30.99% | Buy |
| AIR | AAR | $67.64 | $80.00 | 18.27% | Buy |
| HXL | Hexcel | $60.84 | $69.82 | 14.76% | Hold |
| MRCY | Mercury Systems | $38.02 | $43.33 | 13.97% | Buy |
| LHX | L3Harris | $229.77 | $245.80 | 6.98% | Buy |
| DRS | Leonardo DRS | $28.07 | $28.67 | 2.14% | Buy |
| CW | Curtiss-Wright | $309.95 | $310.00 | 0.02% | Buy |
| GD | General Dynamics | $304.80 | $301.14 | -1.20% | Buy |
| TXT | Textron | $87.70 | $85.33 | -2.70% | Buy |
| NOC | Northrop Grumman | $519.78 | $490.58 | -5.62% | Hold |
| HII | Huntington Ingalls Industries | $261.55 | $244.83 | -6.39% | Hold |
| RTX | RTX | $119.12 | $108.65 | -8.79% | Buy |
| LMT | Lockheed Martin | $569.91 | $512.22 | -10.12% | Buy |
| HWM | Howmet Aerospace | $95.28 | $75.88 | -20.36% | Buy |
| ERJ | Embraer | $36.95 | $27.00 | -26.93% | Buy |
TXT Forecast FAQ
Is Textron a good buy?
Yes, according to 8 Wall Street analysts, Textron (TXT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 87.50% of TXT's total ratings.
What is TXT's price target?
Textron (TXT) average price target is $85.33 with a range of $68 to $95, implying a -2.70% from its last price of $87.7. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Textron stock go up soon?
According to Wall Street analysts' prediction for TXT stock, the company can go down by -2.70% (from the last price of $87.7 to the average price target of $85.33), up by 8.32% based on the highest stock price target, and down by -22.46% based on the lowest stock price target.
Can Textron stock reach $130?
TXT's average twelve months analyst stock price target of $85.33 does not support the claim that Textron can reach $130 in the near future.
What are Textron's analysts' financial forecasts?
Textron's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $15.05B (high $15.48B, low $14.78B), average EBITDA is $1.68B (high $1.73B, low $1.65B), average net income is $1.34B (high $1.39B, low $1.31B), average SG&A $1.37B (high $1.41B, low $1.34B), and average EPS is $7 (high $7.26, low $6.84). TXT's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $14.49B (high $14.9B, low $14.23B), average EBITDA is $1.62B (high $1.66B, low $1.59B), average net income is $1.25B (high $1.29B, low $1.22B), average SG&A $1.32B (high $1.35B, low $1.29B), and average EPS is $6.51 (high $6.74, low $6.35).
Did the TXT's actual financial results beat the analysts' financial forecasts?
Based on Textron's last annual report (Dec 2023), the company's revenue was $13.68B, which missed the average analysts forecast of $13.97B by -2.05%. Apple's EBITDA was $1.68B, beating the average prediction of $1.67B by 0.87%. The company's net income was $921M, missing the average estimation of $1.01B by -8.44%. Apple's SG&A was $1.22B, missing the average forecast of $1.38B by -11.46%. Lastly, the company's EPS was $0, missing the average prediction of $5.03 by -100.00%. In terms of the last quarterly report (Dec 2023), Textron's revenue was $3.89B, missing the average analysts' forecast of $3.97B by -1.86%. The company's EBITDA was $352M, missing the average prediction of $442.14M by -20.39%. Textron's net income was $198M, missing the average estimation of $294M by -32.65%. The company's SG&A was $328M, missing the average forecast of $360.49M by -9.01%. Lastly, the company's EPS was $0, missing the average prediction of $1.53 by -100.00%