Providence, Rhode Island-based Textron Inc. (TXT) is a global multi-industry company that manufactures aircraft, automotive engine components, and industrial tools. The company has a market cap of $13.1 billion and operates through Textron Aviation, Bell, Textron Systems, Industrial, Textron eAviation, and Finance segments, and is expected to release its Q3 2026 earnings on Thursday, October 29, 2026, before the market opens.
Ahead of this event, analysts anticipate the company will generate earnings of $1.52 per share, representing a decrease of 1.9% from $1.55 per share reported in the same quarter last year. The company has surpassed the Street’s bottom-line estimates in three of the past four quarters, while missing on one occasion.
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For fiscal 2026, analysts expect the company to report an EPS of $6.50, indicating a 6.6% rise from $6.10 reported in fiscal 2025. Moreover, its EPS is expected to rise nearly 12.6% year over year (YoY) to $7.32 in fiscal 2027.
www.barchart.comTXT stock has declined 9.8% over the past 52 weeks, underperforming the S&P 500 Index’s ($SPX) 14% rise and the State Street Industrial Select Sector SPDR ETF’s (XLI) 8.3% rise during the same time frame.
www.barchart.comAnalysts are wary of TXT stock due to some inefficiencies in its fundamentals. The company’s large revenue base is the primary reason for its slow sales growth, showcased by a below-average annual revenue growth of 4.2% over the last five years. Additionally, its projected sales growth for the next year is 3.8%, also indicating sluggish demand for the next year. TXT’s free cash flow margin also dropped by 3.6% over the last five years, hinting at a more capital-intensive company, while its competition has surpassed it.
Analysts’ consensus opinion on the stock is moderately bullish, with a “Moderate Buy” rating overall. Of the 16 analysts covering the stock, six recommend a “Strong Buy,” and 10 rate it a “Hold.” TXT’s average analyst price target is $100.93, indicating an upside of 32.5% from the current levels.
On the date of publication, Aritra Gangopadhyay did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.