NYSE:RTX
Raytheon (RTX)
187.99
+1.40 (0.75%)
as of Jun 26, 2026, 8:00:00 pm Market Open.
308 watching
Financials 
Technical Analysis 0
Investor Insights
Jun 26, 2026, 12:00 amThis summary was created by AI, based on 10 opinions in the last 12 months.
Raytheon (RTX) is positioned favorably within the defense and aerospace sectors, with experts indicating a strong long-term uptrend despite recent selling pressure linked to geopolitical events. The company benefits significantly from government defense spending amid global conflicts, notably in Ukraine and the Middle East, resulting in all-time high backlogs. While concerns regarding oil prices and their impact on commercial aerospace persist, analysts remain optimistic about Raytheon's dual focus on defense and aerospace, citing significant revenue generation from commercial aircraft. Valuation metrics suggest the stock is somewhat extended, trading at a premium relative to its historical P/E ratio. Nonetheless, the outlook remains positive due to forecasted growth in both business segments.
Consensus
Positive
Valuation
Overvalued
Similar
Northrop, NOC
HOLD
Half defense, half commercial aerospace. A portfolio position of 5% is higher than her usual weighting of 3%, so trim a bit. Great company, high quality, strong balance sheet. Likes the areas it's in. The world is a dangerous place. Air travel and plane orders ramping up. Core position.
Christine PooleOwned
Defense
PAST TOP PICK
(A Top Pick Jan 06/22, Up 13%) Defense spending is a bit in flux with the Republican House. But the world is more roiled. Ukraine, Taiwan, China. Patriot missile for Ukraine. Commercial aerospace side will expand as airlines get more footing. Well positioned.
Gordon ReidOwned
Defense
BUY ON WEAKNESS
Likes prospects and has been a previous top pick.
Waiting for shares to fall to low $90's before buying.
Half defense and half commercial airline business.
Conflicts around the globe are good for the business.
Christine PooleOwned
Defense
BUY
He has recommended this before and still likes it. Likes it for being a hybrid of defense and aerospace (66% of their business). Defense has always been a steady business, but aerospace holds great potential. They had a 5-year plan in 2020, growing revenues at 6-7% annually and increase margins, and create $10 billion of free cash flow annually by 2025, and they are on track for that.
Defense
TOP PICK
Conflict in Europe looks to point towards increasing defense spending.
Company is 1/2 commercial (aviation) and 1/2 deference business.
Increasing travel after pandemic is good for the business.
Procurement rules prevent much inventory from budding up on defense side (good for cash flow).
Christine PooleOwned
Defense
BUY
RTX vs. HON for a 2-year hold? He owns both. Both heavily involved in aerospace. HON has done extremely well, latest report hit it out of the park. Increased organic growth and margins. Success means HON is getting a bit expensive. RTX has more potential, ability to grow free cashflow over next 2-3 years, a good buy. Defense side is "sticky".
Gordon ReidOwned
Defense
BUY
Honeywell question A fine conglomerate involved in automation and industrials. Well-run, particularly in capital allocation. Trades at a premium. But he prefers Raytheon, which is slightly different--a mix of aerospace and defence--but there's room for multiple expansion around 15x PE now. Both companies have decent growth outlooks, but Raytheon is better.
Defense
BUY
Company has recently evolved into defense powerhouse.
Business also has earnings from travel related technology.
Currently growing revenue at 6-7%.
Margins expanding and expecting higher stock price soon.
Gordon ReidOwned
Defense
BUY
Half-defence and half-aerospace. They makes airplane engines and plane parts, so it's benefiting from the travel revival. In defence, they specialize in missile defence and cyber security--good areas. The company sees 3-4% growth here and she believes that, given the Ukraine war. (Analysts’ price target is $110.78)
Christine PooleOwned
Defense
PAST TOP PICK
BUY
Raytheon vs. General Dynamics When analyzing a company, look at its peers as well. In this case, Raytheon offers a buffer to only the defence business--commercial aerospace. Two-thirds of revenues come from commercial, the rest in defence. The former is a great opportunity because more planes will be produced as the economy improves. Meanwhile, defence offers stability. Prefers Raytheon.
Defense
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