NYSE:RTX
Raytheon (RTX)
Financials 
Technical Analysis 
Jun 6, 2026, 12:00 amThis summary was created by AI, based on 10 opinions in the last 12 months.
Raytheon (RTX-N) is currently in a strong position with a long-term uptrend, but recent volatility in the defense sector due to geopolitical events has raised some concerns among experts. The company's hybrid focus on defense and commercial aerospace has positioned it well, with substantial backlogs and a projected increase in defense spending driven by conflicts in Ukraine and the Middle East. While the stock has outperformed its peers, up 58% last year, analysts have noted potential overvaluation, cautioning that it is trading at a premium to its historical price-to-earnings ratio. Despite these concerns, strong demand for aerospace, driven by a need for new, more fuel-efficient aircraft, could provide additional momentum. Experts highlight the need to monitor oil prices and overall market conditions closely as they assess future performance.
Lucrative commercial aerospace division seeing big demand in after-market. OEM business starting to ramp up. Margins on defense should improve with easing of supply chain issues. New orders from international customers.
Christine PooleMildly cyclical, but lots of excess capital to play offense in a tough environment. Main driver of earnings is still uncovering structural cost savings, plus rebound in commercial aircraft maintenance. Very reasonable valuation. Yield is 2.38%.
(Analysts’ price target is $110.77)
Chris BlumasTheir defence side is doing well due to geopolitical tensions. Aerospace suffered during Covid because nobody was flying, but now the travel rebound benefits this business. There is cost inflation in defence, though. Now plane engine orders are coming. Wait for a pullback to the mid-$90s to buy long term.
Christine PooleGood business with high demand for defense products.
Combination of commercial operations with defense products is strong.
US defense spending continuing to rise.
Expecting 6-7% revenue growth going forward.
8% cash flow yield is very strong.
Gordon ReidOwns shares in business - has performed well.
Defense sector recently pulled back on debt ceiling talks.
Overall, a good name to own for the long term.
Demand for defense spending not going away.
Gordon ReidUnfortunately, geopolitics (Russian war) is pushing defence spending up around the world. RTX has a good backlog. Another business is commercial aerospace with demand driven by strong travel trends. Air travel should return to pre-pandemic by early 2024. More flights means more airplane servicing, which benefits RTX.
(Analysts’ price target is $109.55)Christine Poole
A dual threat with its aerospace business (Pratt-Whitney engines) and defence (mostly missiles) and both are growing. The valuation is not high.
Jim Lebenthal1/3 of its business is in defense, but 2/3 is more of a commercial application. Gives defense exposure plus the boost because of a nascent aerospace cycle.
Gordon ReidReally likes it, as you get aerospace and defense, counter-cyclical business. He'd be comfortable buying at current prices.
Chris Blumas
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It had a manufacturing problem, so was put in the penalty box and fell 10 points. Time to buy it.