UBS Upgrades RTX to Buy: A Closer Look at the Aerospace Giant's Prospects

• UBS upgraded RTX (NYSE:RTX) from Neutral to Buy, indicating confidence in the company's future performance.
• RTX's stock price ended at $134.69, with a recent gain of 1.75%, outperforming the Aerospace sector's gain of 4.65% over the past month.
• The company is expected to report an EPS of $1.34 and revenue of $19.76 billion, with a full-year projection of earnings at $6.13 per share and $84.28 billion in revenue.

On March 24, 2025, UBS upgraded RTX (NYSE:RTX) from Neutral to Buy, with the stock priced at $134.69. RTX, an aerospace and defense company, is known for its advanced technologies and services. It competes with other industry giants like Boeing and Lockheed Martin. The upgrade by UBS suggests confidence in RTX's future performance.

RTX ended the recent trading session at $134.69, marking a 1.75% increase from its previous close. This gain, however, was slightly below the S&P 500's daily rise of 1.77%. The Dow Jones Industrial Average increased by 1.42%, while the Nasdaq, which is heavily weighted towards technology stocks, rose by 2.28%. Despite this, RTX's performance over the past month has been strong, with shares rising by 7.36%, outpacing the Aerospace sector's gain of 4.65%.

Investors are eagerly awaiting RTX's upcoming financial results. The company is expected to report an earnings per share (EPS) of $1.34, consistent with the same quarter last year. The Zacks Consensus Estimate anticipates revenue of $19.76 billion, reflecting a 2.36% increase from the previous year. For the full year, RTX is projected to achieve earnings of $6.13 per share and revenue of $84.28 billion.

Raytheon, a business under RTX, has secured a follow-on contract from the U.S. Army Futures Command, Futures and Concepts Center. This contract allows Raytheon to continue utilizing its Rapid Campaign Analysis and Demonstration Environment (RCADE) modeling and simulation capability. This development highlights Raytheon's role in supporting the U.S. Army's strategic force design decisions.

RTX's current stock price of $134.69 reflects an increase of $2.32 or 1.75%. The stock has fluctuated between a low of $132.04 and a high of $134.85 today. Over the past year, RTX has reached a high of $135.74 and a low of $95.27. With a market capitalization of approximately $179.8 billion, RTX remains a significant player in the aerospace and defense industry.