RTX Corporation stock (US75511L1035): BNP Paribas cuts target to $220

BNP Paribas lowered its RTX Corporation price target to $220 from $240 while keeping an Outperform rating, as shares traded at $178.14 on NYSE amid recent earnings beats and dividend hikes.

RTX Corporation, a leading aerospace and defense firm, saw analyst attention on May 14, 2026, when BNP Paribas adjusted its price target downward to $220 from $240 but maintained its Outperform rating, according to MT Newswires as of 05/14/2026. This follows RTX's strong quarterly results with revenue of $22.08 billion, up 8.7% year-over-year, and EPS of $1.78 beating estimates of $1.52, per MarketBeat as of 05/14/2026. The company also raised its quarterly dividend to $0.73 per share and issued FY 2026 EPS guidance of $6.60-$6.80.

As of: 14.05.2026

By the editorial team – specialized in equity coverage.

At a glance

• Name: RTX Corporation
• Sector/industry: Aerospace and Defense
• Headquarters/country: United States
• Core markets: US, Europe, Asia
• Key revenue drivers: Commercial aviation, military systems
• Home exchange/listing venue: NYSE (RTX)
• Trading currency: USD

RTX Corporation: core business model

RTX Corporation operates as a major player in aerospace and defense, with segments including Collins Aerospace, Pratt & Whitney, and Raytheon. These units focus on avionics, engines, missiles, and integrated defense systems. The company serves commercial, military, and government customers globally, benefiting from long-term contracts and aftermarket services.

RTX's business model emphasizes innovation in high-tech defense solutions and commercial jet engines, driving recurring revenue from maintenance and upgrades. US investors track RTX for its exposure to Pentagon budgets and Boeing/Airbus supply chains.

Main revenue and product drivers for RTX Corporation

Key revenue comes from Pratt & Whitney's geared turbofan engines for commercial jets and military afterburners. Collins Aerospace supplies flight controls and interiors, while Raytheon leads in hypersonics and radar systems. In the last reported quarter ending early 2026, revenues reached $22.08 billion, up 8.7% year-over-year as published on Zacks as of recent data.

Defense contracts, including missile defense for the US, form a stable base, while commercial aviation recovery boosts engine sales. Dividend hikes to $0.73 quarterly underscore cash flow strength for NYSE-listed RTX.

Industry trends and competitive position

Aerospace rebounds with air travel demand, but supply chain issues persist. RTX competes with Boeing, Lockheed Martin, and GE, holding strong in engines (16% market share in Q1 2026 per CSIMarket as of Q1 2026). Geopolitical tensions favor defense spending.

Why RTX Corporation matters for US investors

RTX's NYSE listing and heavy US defense reliance tie it to federal budgets, impacting American portfolios. With FY 2026 EPS guidance of $6.60-$6.80, it offers exposure to secure military outlays amid commercial aviation growth.

Conclusion

RTX Corporation continues delivering solid earnings growth and shareholder returns via dividends, with analyst adjustments reflecting market dynamics. Shares at $178.14 on May 14, 2026, on NYSE show resilience post-earnings. Investors monitor guidance and defense trends for ongoing performance.

Disclaimer: This article does not constitute investment advice. Stocks are volatile financial instruments.