Source: Alex Lavoie
Jefferies Gives RTX Corporation a “Hold” Rating
Jefferies, a notable investment banking firm, has sustained its “Hold” rating for RTX Corporation (NYSE:RTX), a leading player in the aerospace and defense industry. The firm has also revised its price target for RTX upwards from $210 to $225, displaying a positive sentiment towards the company’s future growth. This decision reflects the banking firm’s confidence in RTX’s future performance, supported by its recent financial achievements and strategic initiatives.
RTX Corporation’s stock was priced at $199.45 on January 28, 2026, when Jefferies made the announcement. The new price target represents a 12.8% upside potential from the current trading price, indicating anticipated growth in the company’s market value.
RTX Corporation’s Significant Contract with TTM Technologies
In a strategic move, RTX Corporation has secured a substantial contract with TTM Technologies. The contract, valued at up to $200 million, spans over three years and involves the supply of Lower Tier Air and Missile Defense Sensor (LTAMDS) components.
This deal marks a significant milestone for RTX, demonstrating its commitment to advancing defense technologies and meeting customer demands. It also underscores RTX’s pivotal role in the defense sector, providing innovative solutions to enhance global security. The LTAMDS, a prominent component of missile defense systems, plays a critical role in detecting, tracking, and discriminating threats, further solidifying RTX’s position in the defense industry.
RTX Corporation’s Strong Financial Performance
RTX Corporation reported strong financial results for the fourth quarter of 2025, with sales reaching a staggering $24.23 billion. This figure represents a 12% increase from the previous year, highlighting the company’s sustained growth and resilience amid challenging market conditions.
The company’s adjusted earnings per share (EPS) also rose, increasing by 1% to $1.55. This performance surpassed the analyst estimates of $1.47, demonstrating RTX’s operational excellence and ability to exceed market expectations.
RTX Chairman and CEO Chris Calio lauded the company’s strong performance, attributing it to the high-quality execution across all its divisions, including Pratt & Whitney, Collins Aerospace, and Raytheon.
RTX Corporation’s Outlook for 2026
Looking ahead, RTX Corporation has provided an optimistic outlook for 2026. The company expects adjusted sales to range between $92 billion and $93 billion, forecasting an organic sales growth of 5% to 6%.
In terms of profitability, RTX anticipates its adjusted EPS to range from $6.60 to $6.80, aligning with market consensus estimates. This guidance reflects the company’s confidence in its growth strategy and the robust performance of its divisions.
Pratt & Whitney, Collins Aerospace, and Raytheon, the key divisions of RTX, continue to show significant growth. Their contributions are crucial to the company’s positive outlook and its objective of maintaining a competitive edge in the aerospace and defense industry.
In conclusion, RTX Corporation is poised for growth in 2026, backed by robust financial performance, strategic contracts, and strong growth projections. With its stock receiving a “Hold” rating from Jefferies and a revised price target, the company’s prospects look promising. However, as with all investments, potential investors should conduct their due diligence and consider their risk tolerance before investing.