RTX Corporation stock falls as backlog supports long term growth

Published on 09/23/2026 at 11:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

RTX Corporation stock closed at USD 189.72 on September 22, 2026, down USD 4.62 intraday. Second quarter EPS reached USD 1.89 and revenue rose 14.5 percent.

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RTX Corporation stock reached USD 189.72 on the NYSE on September 22, 2026, after falling USD 4.62 during the session. The move followed a broader defense-sector pullback, while the company's latest quarterly figures and USD 289 billion backlog provide a counterweight for investors.

Backlog reaches USD 289 billion

RTX reported second quarter 2026 earnings per share of USD 1.89, above the USD 1.66 consensus estimate, while revenue rose 14.5 percent year over year to USD 24.71 billion, according to MarketBeat on September 22, 2026. The same report said RTX earned USD 1.56 per share in the comparable quarter, putting the latest EPS USD 0.33 higher.

RTX's remaining performance obligations stood at USD 289 billion in September 2026, with USD 170 billion in commercial aerospace and USD 119 billion in defense, as Yahoo Finance reported on September 22, 2026. That split gives the backlog a longer-duration character than a single contract announcement and links RTX's near-term earnings profile to both aircraft demand and defense programs.

Estimates remain above the quote

RTX's fiscal year 2026 guidance calls for EPS of USD 7.10 to USD 7.25, while analysts expect USD 7.22 for the year, according to MarketBeat on September 22, 2026. The estimate sits inside the guidance range, leaving execution against the commercial aerospace backlog as the more immediate operating variable.

Analyst expectations remain higher than the September 22 closing price. TipRanks reported on September 22, 2026, that Bank of America maintained a Buy rating, while Jefferies maintained a Buy rating and a USD 250.00 price target on September 16, 2026. The same report listed a consensus target of USD 235.50.

Stock remains below yearly high

The September 22, 2026 quote of USD 189.72 was below RTX's 52-week high of USD 226.88 and above its 52-week low of USD 155.64. Market capitalization was USD 255.70 billion, and reported volume was 2,069,016 shares against an average volume of 5,429,402, according to the same dated market snapshot.

RTX Corporation stock closed at USD 189.72 on the NYSE on September 22, 2026. The combination of a 14.5 percent quarterly revenue increase, USD 1.89 quarterly EPS and a USD 289 billion backlog keeps operating delivery central to the valuation discussion.