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NYSE:RTX
Raytheon (RTX)
Financials 
Technical Analysis 
Aug 26, 2026, 12:00 amThis summary was created by AI, based on 9 opinions in the last 12 months.
Raytheon (RTX-N) is currently experiencing a robust long-term uptrend, benefiting from increased defense spending amid ongoing global conflicts, particularly in Ukraine and the Middle East. While the stock has shown impressive growth, up 43% in recent picks and 58% last year, some analysts express caution over a potential valuation issue as the price-to-earnings ratio has reached 31x. With 66% of revenues derived from the commercial aircraft sector and an all-time high of backlogs, the company is well-placed to capitalize on burgeoning demand from airlines for new equipment. However, concerns about extended valuations persist, and any drop below previous lows may prompt a reevaluation of positions in this stock, making it crucial for investors to monitor the situation closely.
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Quite high on it. Near term bumps in the road. UTX is highly correlated with the aerospace business. Raytheon is more insulated. Together, sees an $8-9 rise in stock price. Thinks they can generate a lot of cash. You might have to show a bit of patience with it. It will do well once the economy gets its footing.
Gordon Reid
Christine PooleGordon Reid
(A Top Pick May 13/19, Down 34%) They just completed the UTX merger. It's struggling a little, but its defence business will support the dividend. Management has always been highly regarded. The Boeing Max problems don't help. He will hold onto this and remains confident. The stock price reflects current problems, but positive surprises and the good management will deliver satisfactory revenues.
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