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Barchart
Sohini Mondal

Are Wall Street Analysts Bullish on Textron Stock?

Textron TXT

Textron Inc. (TXT), with a market cap of $16.8 billion, is a diversified industrial conglomerate operating across the aerospace, defense, and finance sectors. The Providence, Rhode Island-based company is a key player in manufacturing aircraft, helicopters, and specialized industrial products, while also offering financial services tailored to its core markets.

Shares of this defense contractor have underperformed the broader market over the past 52 weeks. TXT has rallied 17.3% over this time frame, while the broader S&P 500 Index ($SPX) has surged 27.8%. Meanwhile, in 2024, TXT stock gained 10.2%, compared to SPX’s 17.8% rise on a YTD basis.

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