Analysts Lift RTX 2028 EPS to $10.45, Citing Margin Expansion & Defense Growth
RTX sits 33% above its 52-week low of $135.425.
Summary
Analysts have significantly raised their 2028 EPS estimate for RTX to $10.45, a substantial increase from the market consensus of $8.40. This revised outlook is driven by expectations of operating margins expanding from 11.5% in 2025 to 14-15% by 2028, alongside ongoing share buybacks. The positive sentiment is further supported by Jefferies' analysis, which projects an 8% CAGR for RTX's Raytheon sensor unit through 2030, fueled by increasing global defense spending. This follows a period of strong contract wins and robust Q1 2026 results for RTX.
At the time of this announcement, RTX was trading at $180.22 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $241.6B. The 52-week trading range was $135.43 to $214.50. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.