RTX Corporation stock gains on record Q2 backlog and raised 2026 outlook

Published on 09/14/2026 at 16:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

RTX Corporation stock stands near USD 198 after a recent run, supported by a record USD 289 billion backlog and a raised 2026 revenue forecast as of August 26, 2026. The defense and aerospace group also generated USD 2.9 billion in free cash flow in Q2 2026.

RTX Corporation, US75511L1035, Illustration mit AI erstellt.

RTX Corporation stock (ISIN US75511L1035) is trading around USD 197.68 on the New York Stock Exchange after the September 11, 2026 close, supported by strong second quarter 2026 figures and a raised full-year revenue outlook that underline the group’s momentum in defense and aerospace markets.

Backlog reaches a record level

According to Stocktwits on August 26, 2026, RTX reported a record backlog of USD 289 billion at the end of its fiscal second quarter 2026, up 22 percent year-on-year and including USD 170 billion in commercial orders and USD 119 billion in defense contracts.

In the same Q2 2026 report, RTX generated USD 2.9 billion in free cash flow, supported by USD 3.55 billion in operating cash flow, giving the company additional flexibility for investment, dividends and share repurchases, as highlighted by Stocktwits.

Revenue growth and raised 2026 guidance

RTX’s Q2 2026 revenue and earnings grew at a double-digit pace across its three major businesses Collins Aerospace, Pratt & Whitney and Raytheon, illustrating broad-based operational strength across both commercial and defense segments, according to Stocktwits.

On the outlook side, the company raised its full-year 2026 revenue forecast to a range of USD 95 billion to USD 96 billion, compared with its previous guidance of USD 92.5 billion to USD 93.5 billion, as reported by Stocktwits on August 26, 2026, underscoring management’s confidence and marking an increase of up to USD 3.5 billion versus the prior range.

Stock valuation and investor focus

A recent industrials overview values RTX at a market capitalization of about USD 266.4 billion and notes that the shares trade at around USD 197.86, corresponding to roughly 26.9 times forward earnings, indicating that investors are willing to pay a premium for the company’s growth and cash generation profile, as outlined by Chronicle Journal on September 14, 2026.

At the September 11, 2026 close, RTX stock stood at USD 197.68 on the New York Stock Exchange, a modest 0.22 percent below the previous close of USD 198.12, while after-hours trading lifted the quote to USD 198.18 per share, according to data on that day from the Nasdaq view on Yahoo Finance.

Stock near recent highs

For investors, one key takeaway is the combination of a growing backlog, double-digit Q2 2026 revenue growth and a raised 2026 revenue guidance alongside a market capitalization above USD 260 billion, which helps explain why RTX Corporation stock has posted gains of about 8 percent in the week around August 26, 2026, as noted by Stocktwits.

As of September 11, 2026, the stock’s quote near USD 198 positions RTX Corporation stock not far from recent highs in the current 52-week range reported on Yahoo Finance, reflecting how the market is pricing in sustained aerospace demand and continued strength in defense contracts.