Textron stock gains 1.08 percent after a new 52-week low
Published on 09/29/2026 at 06:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Textron Inc. (ISIN US8832031027) stock gained 1.08 percent to USD 77.35 on the NYSE on September 28, 2026, after touching a 52-week low of USD 75.51. MarketBeat reported the new low alongside a Hold consensus and an average price target of USD 102.44.
Results beat expectations
Textron's second-quarter 2026 adjusted earnings per share reached USD 1.62, compared with a consensus estimate of USD 1.55. Revenue rose 3.00 percent year over year to USD 3.83 billion from USD 3.72 billion, while full-year 2026 adjusted EPS guidance remained at USD 6.40-6.60, according to MarketBeat in its September 28, 2026 report.
The same report places the quarterly revenue comparison at USD 3.83 billion versus USD 3.81 billion expected. That beat provides a stronger operating reference than the share price alone, but the market is still valuing Textron near its yearly floor.
Backlog supports aerospace strategy
On the July 28, 2026 earnings call, management said Textron Aviation revenue reached USD 1.50 billion in the second quarter, up 1.00 percent from the prior year, with an USD 8.00 billion backlog. Bell revenue increased 6.00 percent to USD 1.10 billion, while Textron Systems revenue advanced 7.00 percent to USD 347.00 million, according to Fortune.
Textron is also pursuing a sharper aerospace and defense profile. Its official September 14, 2026 release said Textron Aviation and Merlin introduced the Cessna SkyCourier UX concept for autonomous cargo operations, based on an FAA-certified aircraft platform, as reported by Textron.
Targets remain above the stock
The USD 102.44 average analyst target stands 32.44 percent above the USD 77.35 reference price. The gap contrasts with the Hold consensus and shows that analysts see longer-term value while the market continues to price execution risks into the shares.
Textron stock trades near its yearly floor
Textron stock was trading at USD 77.35 on the NYSE on September 28, 2026, with a market capitalization of USD 13.3 billion. Its 52-week range was USD 75.51-101.57.
Textron stock at a glance
- Company: Textron Inc.
- ISIN: US8832031027
- Ticker: TXT
- Trading venue: NYSE
- Price as of September 28, 2026: USD 77.35
- Market capitalization: USD 13.3 billion as of September 28, 2026
- 52-week range: USD 75.51-101.57 as of September 28, 2026
- Sector / Industry: Industrials / Aerospace and Defense
