Textron Inc., US8832031012

Citi cuts target for Textron stock from USD 99 to USD 86

Published on 10/15/2026 at 13:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 3.83 billion, up 3.00 percent year over year. Textron stock faces October 29 results and USD 6.40-6.60 guidance.

Contract and results

Textron Systems won a USD 230.0 million Navy contract on October 6, 2026.
Second-quarter revenue reached USD 3.83 billion and diluted earnings per share came to USD 1.42.
Textron stock trades at EUR 66.11 at 1:01 p.m. CEST at Lang & Schwarz on October 15, 2026.

Schwarzweiß-Dokumentaraufnahme von Technikern an einem Helikopter in Werkshalle — Schwarzweiß-Reportagefoto zeigt Techniker an unmarkiertem Helikopter, dokumentarischer Stil für Textron Inc. (US8832031027) Luftfahrtsektor, Illustration mit AI erstellt.

Textron Inc. (ISIN US8832031012) is facing a lower analyst target after Citi cut its view from USD 99 to USD 86 on October 9, 2026, according to Markets Insider. The revision came alongside TD Cowen's cut from USD 105 to USD 100. Textron Systems had also secured a USD 230.0 million U.S. Navy contract on October 6, 2026.

What does the contract add?

The Navy modification covers two additional Ship-to-Shore Connector craft. The official Textron release said the work will be performed at the company's New Orleans shipyard. Textron Systems had delivered 18 craft to the Navy and had 13 more in testing or production as of October 6, 2026.

Three events shape the setup

On July 28, 2026, Textron reported second-quarter revenue of USD 3.83 billion and diluted earnings per share of USD 1.62, according to MarketBeat. On October 6, Textron Systems received the USD 230.0 million Navy contract. On October 9, TD Cowen lowered its target from USD 105 to USD 100 and Citi reduced its target from USD 99 to USD 86.

When are the next dates?

Textron will release third-quarter 2026 results on October 29, 2026, followed by an 8:00 a.m. Eastern conference call. The latest reported quarter showed revenue up 3.00 percent year over year to USD 3.83 billion, while the company retained 2026 adjusted earnings guidance of USD 6.40 to USD 6.60 per share.

Stock stays tied to results

For investors, the October 29 report will test whether the contract pipeline can offset the lower analyst targets and sustain the company's current earnings framework. Textron stock was trading at EUR 66.11 at Lang & Schwarz on October 15, 2026 at 1:01 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Textron stock.