Several Analysts Lift RTX Corporation (RTX)’s Price Targets Following Q3 Earnings Beat

RTX Corporation (NYSE:RTX) is among the 10 Largest Defense Stocks in 2025. On October 21, the company reported financial results for the third quarter of fiscal 2025, with revenue and earnings both beating estimates.

The Arlington, Virginia-based firm also announced to raise its revenue and profit guidance for the full year, amid soaring demand for its missiles and aftermarket services, which strengthened its ability to face the adverse fallout from tariffs.

Following the results, several analysts adjusted their position on the stock. On October 22, UBS raised its price target on RTX Corporation (NYSE:RTX) to $202 from $197 and maintained a Buy rating. The financial results reflected progress across multiple margin and revenue drivers, according to the analyst.

Analysts at Morgan Stanley also lifted their price target to $215 from $180, representing a nearly 21% upside from Wednesday’s close. The firm told investors that RTX remains its top pick in Aerospace, while keeping an Overweight rating on its shares.

Susquehanna also hiked the firm’s price target to $205 from $175, while maintaining a Positive rating on its shares. The firm noted better-than-anticipated results in its analysis and also described the broad-based strength of the results, reflected by increased profit guidance for all three business segments.

Overall, Wall Street analysts maintain a positive outlook for RTX, with a consensus Buy rating and an average share price upside potential of 5%.

RTX Corporation (NYSE:RTX) 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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Disclosure: None.