RTX Corporation stock gains after raising 2026 outlook on strong Q2

Published on 09/19/2026 at 12:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

RTX Corporation stock reflects a stronger 2026 outlook after the company lifted its revenue and EPS guidance on solid second quarter performance as of September 18, 2026. Investors also weigh a record backlog and rising defense demand against valuation pressure from higher interest rates.

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RTX Corporation stock (ISIN US75513E1010) is trading with a tailwind after the aerospace and defense group raised its 2026 guidance on the back of strong second quarter results and a record backlog, as highlighted in market commentary dated September 18, 2026.

Guidance raised on double digit growth

According to Stocktwits on September 18, 2026, RTX reported fiscal second quarter (Q2 2026) revenue guidance for the full year of USD 95 billion to USD 96 billion, up from a previous estimate of USD 92.5 billion to USD 93.5 billion.

In the same overview, the outlet notes that RTX generated USD 2.9 billion in free cash flow in Q2 2026, supported by USD 3.55 billion in operating cash flow, which marked a robust improvement versus the prior year period and helped underpin the guidance increase.

Backlog and segment performance support the shares

As Stocktwits reports for Q2 2026, RTX’s backlog surged to a record USD 289 billion, representing an increase of 22 percent year over year, with approximately USD 170 billion in commercial orders and USD 119 billion in defense contracts.

The same Q2 2026 commentary points out that RTX added USD 43 billion in new bookings during the quarter, and that revenue and earnings grew at a double digit pace across Collins Aerospace, Pratt & Whitney and Raytheon businesses, illustrating broad based demand across both commercial aviation and defense end markets.

Valuation and analyst context

According to a valuation focused article from Yahoo Finance on September 18, 2026, RTX raised its 2026 adjusted earnings per share (EPS) outlook to a range of USD 7.10 to USD 7.25, together with a higher free cash flow outlook of USD 8.50 billion to USD 8.75 billion.

The same Yahoo Finance piece highlights that, despite these higher 2026 targets, the stock faces valuation pressure as interest rates remain elevated, a factor that investors must balance against RTX’s improved earnings power and cash generation expectations.

Stock performance and price context

A broader analyst and market snapshot cited by MSN on September 18, 2026, notes that RTX stock was trading at USD 193.54 versus an average analyst target of USD 234.82, implying about 21 percent upside from that level and reflecting generally bullish coverage with 15 Buy ratings and 8 Hold recommendations.

The same overview states that RTX shares had fallen 14.2 percent over the prior month but still showed a 5.5 percent gain year to date as of that assessment, underlining both recent volatility and the longer term uptrend driven by higher defense spending and commercial aerospace recovery.

Closing price and trading venue

Per the MSN market data context for RTX referenced above as of September 18, 2026, RTX Corporation stock last traded around USD 193.54 on the New York Stock Exchange, with that price sitting noticeably below the consensus target of USD 234.82 in the same currency, underscoring the potential gap between current valuation and analyst expectations.