RTX Corporation (NYSE:RTX) is among the 11 best military technology stocks to buy right now. On February 17, Bernstein analyst Douglas Harned maintained a Market Perform rating on the stock with a price target of $204.
This is a reaffirmation of the firm’s earlier adjustment on January 29, when it raised the price target to $204 from $189, following the company’s fourth-quarter fiscal 2025 revenue and earnings beat.
As of the close of business on February 20, RTX Corporation is a Moderate Buy with an average share price upside of 6.70%.
The aerospace and defense contractor posted a revenue of $24.24 billion for the fourth quarter, representing a 12% increase from last year. Adjusted earnings per share were logged at $1.55, beating estimates by 8 cents. Investor sentiment was also bolstered by the company’s sales forecast for 2026, with the midpoint above analysts’ forecasts.
In other news, RTX Corporation’s board of directors on February 6 approved a quarterly cash dividend of $0.68 per common stock. It is scheduled to be paid on March 19 to all shareholders on record as of February 20.
RTX Corporation is a giant in the global aerospace and defense industry, providing systems and services to commercial, military, and government clients. It operates through three main businesses: Collins Aerospace, Pratt & Whitney, and Raytheon.
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