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Textron - TXT Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $80.00
  • Forecasted Upside: 27.37%
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$62.81 As of 05/26/2023 08:00 PM ET
▲ +0.29 (0.46%)

This chart shows the closing price for TXT by one month, three months, or twelve months.

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Analyst Price Target for TXT

Analyst Price Target is $80.00
▲ +27.37% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Textron in the last 3 months. The average price target is $80.00, with a high forecast of $93.00 and a low forecast of $70.00. The average price target represents a 27.37% upside from the last price of $62.81.

This chart shows the closing price for TXT for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 7 investment analysts is to hold stock in Textron. This rating changed within the last month from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 9 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/6/2021
  • 0 strong buy ratings
  • 9 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/6/2022
  • 0 strong buy ratings
  • 7 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/4/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/2/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
12/1/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/1/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
4/30/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
5/30/2023

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/24/2023Vertical ResearchDowngradeBuy ➝ Hold$70.00Low
4/6/2023Wolfe ResearchInitiated CoveragePeer PerformLow
12/15/2022The Goldman Sachs GroupBoost TargetBuy$84.00 ➝ $93.00Low
10/28/2022Morgan StanleyLower TargetOverweight$90.00 ➝ $84.00Low
9/13/2022Sanford C. BernsteinInitiated CoverageMarket PerformLow
8/9/2022CfraBoost Target$73.00Low
7/29/2022Susquehanna BancsharesLower TargetPositive$90.00 ➝ $84.00Low
7/28/2022Bank of AmericaLower TargetNeutral$74.00 ➝ $70.00Low
7/19/2022CowenSet Target$86.00Low
10/29/2021Morgan StanleyBoost TargetOverweight$88.00 ➝ $89.00Low
10/29/2021Susquehanna BancsharesBoost TargetPositive$80.00 ➝ $86.00Medium
10/29/2021SusquehannaBoost TargetPositive$80.00 ➝ $86.00Low
8/31/2021CowenUpgradeMarket Perform ➝ Outperform$75.00 ➝ $95.00Medium
8/2/2021Jefferies Financial GroupBoost TargetBuy$80.00 ➝ $90.00Medium
7/30/2021Morgan StanleyBoost TargetOverweight$87.00 ➝ $88.00Medium
7/30/2021Credit Suisse GroupBoost TargetOutperform$76.00 ➝ $77.00Low
7/22/2021Credit Suisse GroupBoost TargetOutperform$73.00 ➝ $76.00Low
7/16/2021The Goldman Sachs GroupReiterated RatingBuy ➝ Buy$82.00High
6/29/2021Morgan StanleyUpgradeEqual Weight ➝ Overweight$49.00 ➝ $87.00High
5/3/2021Jefferies Financial GroupBoost TargetBuy$70.00 ➝ $75.00Medium
5/3/2021Credit Suisse GroupBoost TargetOutperform$72.00 ➝ $73.00Medium
4/30/2021Robert W. BairdUpgradeNeutral ➝ Outperform$57.00 ➝ $72.00High
4/26/2021Credit Suisse GroupBoost TargetNeutral ➝ Outperform$72.00 ➝ $73.00Low
4/19/2021Credit Suisse GroupUpgradeNeutral ➝ Outperform$41.00 ➝ $72.00Medium
4/8/2021The Goldman Sachs GroupUpgradeNeutral ➝ Buy$45.00 ➝ $71.00Medium
3/31/2021BarclaysUpgradeEqual Weight ➝ Overweight$52.00 ➝ $68.00Low
2/8/2021Morgan StanleyBoost TargetMarket Perform ➝ Equal Weight$45.00 ➝ $49.00High
1/28/2021Credit Suisse GroupBoost TargetNeutral$40.00 ➝ $41.00Low
1/7/2021Robert W. BairdDowngradeOutperform ➝ Neutral$45.00N/A
12/3/2020CowenReiterated RatingHold$38.00High
11/17/2020Susquehanna BancsharesUpgradeNeutral ➝ Positive$38.00 ➝ $55.00Medium
10/1/2020CowenDowngradeOutperform ➝ Market Perform$39.00 ➝ $38.00High
9/8/2020Morgan StanleyInitiated CoverageEqual Weight$45.00Medium
8/17/2020Alembic Global AdvisorsUpgradeNeutral ➝ Overweight$52.00Low
8/11/2020Jefferies Financial GroupReiterated RatingBuy$45.00Medium
7/31/2020Vertical ResearchUpgradeHold ➝ Buy$50.00Medium
7/30/2020CowenReiterated RatingBuy$39.00High
6/16/2020BarclaysBoost TargetEqual Weight$26.00 ➝ $37.00Low
5/1/2020Credit Suisse GroupLower TargetNeutral$51.00 ➝ $33.00Medium
5/1/2020JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$32.00 ➝ $30.00High
4/20/2020CitigroupDowngradeBuy ➝ Neutral$60.00 ➝ $30.00Low
4/20/2020CowenReiterated RatingBuy$53.00 ➝ $34.00Low
4/13/2020Alembic Global AdvisorsDowngradeOverweight ➝ Neutral$33.00Low
3/20/2020BarclaysDowngradeOverweight ➝ Equal Weight$26.00High
2/11/2020CowenReiterated RatingBuy$53.00Low
12/18/2019JPMorgan Chase & Co.Lower TargetOverweight$56.00 ➝ $52.00Medium
12/12/2019BarclaysReiterated RatingBuy$57.00Low
12/12/2019CowenReiterated RatingBuy$60.00Low
10/22/2019Bank of AmericaDowngradeBuy ➝ NeutralLow
10/18/2019Robert W. BairdLower TargetOutperform$64.00 ➝ $58.00Medium
10/18/2019Credit Suisse GroupLower TargetNeutral$52.00 ➝ $50.00Medium
10/17/2019CowenReiterated RatingBuy$60.00Medium
10/10/2019Morgan StanleyBoost TargetEqual Weight$49.00 ➝ $51.00Low
9/27/2019Vertical ResearchDowngradeBuy ➝ Hold$56.00 ➝ $54.00High
4/1/2019Credit Suisse GroupInitiated CoverageNeutral ➝ Neutral$50.00Medium
2/27/2019CowenReiterated RatingBuy$62.00Low
1/10/2019Susquehanna BancsharesInitiated CoverageNeutral ➝ Neutral$52.00 ➝ $52.00Medium
1/8/2019Jefferies Financial GroupSet TargetBuy$59.00Low
12/17/2018CowenReiterated RatingBuy$70.00Medium
11/30/2018Jefferies Financial GroupSet TargetBuy$68.00Low
11/14/2018Morgan StanleyLower TargetEqual Weight ➝ Equal Weight$71.00 ➝ $64.00Medium
10/19/2018Wells Fargo & CompanyLower TargetOutperform ➝ Outperform$72.00 ➝ $70.00Low
10/11/2018Morgan StanleySet TargetHold$70.00 ➝ $71.00High
9/26/2018Jefferies Financial GroupBoost TargetBuy$82.00Low
7/25/2018Bank of AmericaSet TargetBuy ➝ Buy$75.00 ➝ $78.00Medium
7/23/2018JPMorgan Chase & Co.Boost TargetOverweight ➝ $66.52$74.00 ➝ $77.00Low
7/19/2018CitigroupBoost TargetBuy$76.00Medium
7/18/2018CowenReiterated Rating$66.44$73.00High
7/12/2018Morgan StanleyBoost TargetEqual Weight ➝ Equal Weight$64.00 ➝ $65.00Low
(Data available from 5/30/2018 forward)

News Sentiment Rating

0.63 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 5 very positive mentions
  • 18 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
Mentions as of
11/1/2022
  • 4 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/1/2022
  • 13 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/31/2022
  • 18 very positive mentions
  • 15 positive mentions
  • 2 negative mentions
  • 2 very negative mentions
Mentions as of
1/30/2023
  • 15 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
3/1/2023
  • 22 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/31/2023
  • 25 very positive mentions
  • 18 positive mentions
  • 1 negative mentions
  • 2 very negative mentions
Mentions as of
4/30/2023
  • 18 very positive mentions
  • 23 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
5/30/2023

Current Sentiment

  • 18 very positive mentions
  • 23 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Textron logo
Textron, Inc. is a multi-industry company, which leverages a global network of aircraft, defense, industrial, and finance businesses to provide customers innovative solutions and services. The company operates its business through the following segments: Textron Aviation, Bell, Textron Systems, Industrial, and Textron eAviation. The Textron Aviation segment manufactures, sells, and services Beechcraft and Cessna aircraft. The Bell segment supplies military and commercial helicopters, tiltrotor aircraft, and related spare parts. The Textron Systems segment product lines consist of unmanned aircraft systems, land and marine systems, weapons and sensors, and a variety of defense and aviation mission support products and services. The Industrial segment designs and manufactures a variety of products under the Golf, Turf Care and Light Transportation Vehicles, Fuel Systems and Functional Components and Powered Tools, and Testing and Measurement Equipment product lines. The Textron eAviation segment covers pipistrel along with other research and development initiatives related to sustainable aviation solutions. The company was founded by Royal Little in 1923 and is headquartered in Provi
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Today's Range

Now: $62.81
Low: $62.44
High: $63.03

50 Day Range

MA: $66.80
Low: $62.27
High: $70.93

52 Week Range

Now: $62.81
Low: $57.11
High: $76.11

Volume

889,300 shs

Average Volume

1,409,761 shs

Market Capitalization

$12.67 billion

P/E Ratio

15.51

Dividend Yield

0.13%

Beta

1.48

Frequently Asked Questions

What sell-side analysts currently cover shares of Textron?

The following Wall Street analysts have issued reports on Textron in the last twelve months: Bank of America Co., Cfra, Cowen Inc., Morgan Stanley, Sanford C. Bernstein, StockNews.com, Susquehanna Bancshares, Inc., The Goldman Sachs Group, Inc., Vertical Research, and Wolfe Research.
View the latest analyst ratings for TXT.

What is the current price target for Textron?

7 Wall Street analysts have set twelve-month price targets for Textron in the last year. Their average twelve-month price target is $80.00, suggesting a possible upside of 27.4%. The Goldman Sachs Group, Inc. has the highest price target set, predicting TXT will reach $93.00 in the next twelve months. Vertical Research has the lowest price target set, forecasting a price of $70.00 for Textron in the next year.
View the latest price targets for TXT.

What is the current consensus analyst rating for Textron?

Textron currently has 4 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in TXT, but not buy more shares or sell existing shares.
View the latest ratings for TXT.

What other companies compete with Textron?

Other companies that are similar to Textron include Leidos, Elbit Systems, Huntington Ingalls Industries, CAE and Teledyne Technologies. Learn More about companies similar to Textron.

How do I contact Textron's investor relations team?

Textron's physical mailing address is 40 WESTMINSTER STREET, PROVIDENCE RI, 02903. The aerospace company's listed phone number is (401) 421-2800. The official website for Textron is www.textron.com. Learn More about contacing Textron investor relations.