RTX stock holds above $210 as backlog and 2026 guidance support the outlook
Published on 08/22/2026 at 12:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
RTX Corporation (US75511L1035) stock is trading close to the low $210s in late August 2026, modestly below the average analyst price target that implies mid-single-digit upside from current levels as of August 22, 2026.
Backlog and recent trading levels
Per a recent market-data overview focused on RTX, the shares were quoted at $211.32 as of August 21, 2026, with the platform highlighting that this level serves as the current reference price for consensus comparisons.RTX forecast and price target overview
In a separate real-time context, an investing article discussing RTX's order book cited a last price of $209.91 on August 22, 2026, showing a decline of 1.12 percent or $2.38 on that day and underscoring that the stock is fluctuating inside a tight $200-$220 band rather than breaking out in either direction.Motley Fool article on RTX backlog and share performance
The same backlog-focused coverage emphasizes a total contracted order book of $289 billion as of the latest company update, illustrating how multi-year commitments in commercial aerospace, defense, and related services provide long-term revenue visibility that can support valuation even when the share price consolidates.Yahoo Finance article on RTX 289 billion backlog
Earnings beat and 2026 guidance
RTX's most recent quarterly report, covering the period ended June 30, 2026, was released on July 23, 2026 and showed diluted earnings per share of $1.89, ahead of the consensus estimate of $1.66 by $0.23, signaling a solid beat on profitability for that quarter.MarketBeat summary of RTX July 23, 2026 quarterly earnings
For the same second quarter of 2026, RTX reported revenue of $24.71 billion against analyst expectations of $22.89 billion, meaning sales exceeded the consensus figure by $1.82 billion and grew 14.5 percent compared with the same quarter in the prior year, when revenue supported earnings per share of $1.56.MarketBeat recap of RTX Q2 2026 revenue and margin metrics
The quarter also featured a net margin of 8.28 percent and a return on equity of 13.99 percent, metrics that show the business generating mid-single-digit profitability on revenue and a low-teens return relative to shareholder equity, helping investors quantify operational efficiency in the context of the large backlog and cyclical aerospace spending.MarketBeat discussion of RTX Q2 2026 profitability metrics
Looking ahead, RTX has issued fiscal year 2026 earnings guidance in a range of $7.10 to $7.25 per share, and sell-side consensus points to a central forecast of $7.22 earnings per share for the full year, suggesting that the company expects double-digit earnings growth compared with the recent quarterly run rate when annualized.MarketBeat note on RTX FY 2026 earnings guidance and consensus
Dividend, valuation and consensus view
Income-focused investors are watching RTX's dividend stream as part of the total-return equation. Recent filings summarizing the board's latest decision state that shareholders of record on August 14, 2026 will receive a quarterly dividend of $0.73 per share, payable on September 3, 2026, which translates into an annualized payout of $2.92 and a dividend yield of 1.4 percent at prevailing share prices in the low $210s.MarketBeat overview of RTX quarterly dividend and yield
The same data set indicates that RTX's dividend payout ratio stands at 51.41 percent, meaning just over half of reported earnings are returned to shareholders as cash distributions while the remainder is retained to support investment, debt reduction, or share repurchases, a balance that may appeal to investors seeking both income and growth exposure in the aerospace and defense sector.MarketBeat data on RTX dividend payout ratio
Consensus data compiled over the last twelve months shows that RTX is tagged with a "Moderate Buy" rating and an average price target of $228.59, implying upside of 8.17 percent from the current reference price of $211.32 as of August 21, 2026, a gap that frames expectations for future share performance if the company continues to execute against its backlog and guidance.MarketBeat consensus rating and price target snapshot for RTX
In addition to the average target, at least one analyst cited in a separate coverage piece sees potential for RTX shares toward $115 on a different trading venue context, illustrating that street views vary and that individual forecasts can diverge from consensus, particularly when factoring in currency effects or alternative listing structures.Globe and Mail commentary on RTX analyst target variation
Representative RTX product: Pratt & Whitney geared turbofan engines
A core component of RTX's commercial aerospace franchise is the Pratt & Whitney geared turbofan engine family, which is widely installed on narrow-body aircraft platforms and contributes materially to both the backlog and aftermarket revenue streams highlighted in recent coverage of the company's $289 billion order book.RTX Corporation homepage with business segments and product overview
These engines are designed to improve fuel efficiency and reduce noise compared with older-generation powerplants, supporting airlines' efforts to lower operating costs and meet tightening environmental regulations, and the long-term maintenance and spare-part contracts attached to such installations feed into RTX's multi-year service backlog figures that investors are tracking.
RTX stock and current price context
Against this backdrop of a sizable backlog, a recent earnings beat, and explicit fiscal 2026 guidance, RTX stock changing hands around $209.91 to $211.32 as of August 22, 2026 reflects a market that is pricing in steady execution but remains slightly cautious relative to the $228.59 average price target, leaving a modest valuation gap that could close if the company continues to convert its $289 billion backlog into revenue and maintains margins near the 8.28 percent level reported for the latest quarter.RTX price and target comparison as of August 21, 2026
Fact box
Company: RTX Corporation
ISIN: US75511L1035
Ticker: RTX
Exchange: NYSE
Price (as of August 22, 2026, intraday reference): $209.91 USD
Market cap: not specified in available sources
Sector / Industry: Aerospace and defense
Index membership: S&P 500
Next earnings date: not stated in cited sources
