Textron Inc. ($TXT) Stock Forecast: Down 5.5% Today

What is Textron Inc.?

Textron (TXT) operates in multiple industries, including aviation, defense, and industrial segments.

Why is Textron Inc. going down?

TXT stock is down 5.5% on Jan 22, 2025 15:00

• Despite surpassing earnings expectations, TXT underwent a downward shift, potentially attributed to worries regarding underperformance in its segments affecting Q4 results.
• The unfavorable effect on TXT might also be linked to the general market sentiment towards the aerospace and defense sector, exemplified by Boeing's reductions in commercial and defense deliveries, indicating industry obstacles.
• Investors might approach TXT's future prospects cautiously, given the obstacles encountered by significant segments and the industry-wide trends impacting counterparts such as Boeing.

TXT Price Chart

TXT Technical Analysis

TXT News

Textron ( TXT ) Q4 Earnings Beat Estimates

Textron (TXT) delivered earnings and revenue surprises of 7.20% and 3.50%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2401040/textron-txt-q4-earnings-beat-estimates

Will Poor Segmental Performance Hurt Textron's Q4 Results?

TXT's Q4 results are likely to be impacted by the dismal sales performance delivered by two of its major business segments.

https://www.zacks.com/stock/news/2400303/will-poor-segmental-performance-hurt-textrons-q4-results

Boeing's Q4 Commercial & Defense Deliveries Decline Y/Y

BA records a year-over-year decrease of 63.7% and 33.3% in commercial and defense shipments, respectively, in the fourth quarter of 2024.

https://www.zacks.com/stock/news/2399939/boeings-q4-commercial-defense-deliveries-decline-yy

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Textron Inc. Price History

08.04.2023 - TXT Stock was down 0.1%

• Despite being listed as one of the best defensive stocks to own this month, TXT is not immune to market fluctuations.
• The bearish movement could be attributed to overall market uncertainty and volatility.
• Investors may be selling off TXT shares in favor of more stable investments due to concerns about the global economy and geopolitical tensions.

08.04.2023 - TXT Stock was down 0.2%

• Despite being considered a defensive stock, TXT experienced a bearish movement today.
• The market may be reacting to concerns about rising interest rates, which could impact the demand for industrial products.
• The article may have been published too late to impact today's market movement, but investors may still consider it when making future investment decisions.

08.04.2023 - TXT Stock was down 0.0%

• Despite being considered a defensive stock, TXT experienced a bearish movement today, which could be a sign of market uncertainty.
• The article mentioning TXT as one of the best defensive stocks to own this month might have caused some investors to take profits, leading to the bearish movement.
• It's possible that the aerospace and defense industry as a whole is experiencing some negative sentiment, which is reflected in TXT's market movement today.

25.03.2024 - TXT Stock was down 12.0%

• Today, Textron Inc. (TXT) faced sharp downward movement in the market for the following reasons:
• Q1 profit growth was reported but may have fallen below market expectations.
• Attention shifting towards potentially undervalued stocks for growth may have overshadowed TXT.
• Investor focus on TXT's value compared to Airbus Group (EADSY) likely contributed to the sell-off.
• Despite strong business segment performance, any slight miss in Q1 earnings could have prompted the bearish trend.

22.00.2025 - TXT Stock was down 5.5%

• Despite surpassing earnings expectations, TXT underwent a downward shift, potentially attributed to worries regarding underperformance in its segments affecting Q4 results.
• The unfavorable effect on TXT might also be linked to the general market sentiment towards the aerospace and defense sector, exemplified by Boeing's reductions in commercial and defense deliveries, indicating industry obstacles.
• Investors might approach TXT's future prospects cautiously, given the obstacles encountered by significant segments and the industry-wide trends impacting counterparts such as Boeing.

08.04.2023 - TXT Stock was down 0.2%

• The bearish movement of TXT might have been caused by the following reasons:
• The article mentioning TXT as one of the best defensive stocks to own this month might have created a hype that led to a sell-off as investors might have taken profits.
• The overall market sentiment might have been bearish, and TXT being a multi-industry company, might have been affected by the negative market sentiment.
• There might have been some negative news or rumors about the company that led to the bearish movement.

20.08.2023 - TXT Stock was up 5.5%

• TXT stock rose 2.8% in premarket after signing an agreement with NetJets, giving the private-jet charter company an option to buy more planes.
• Textron announced an option to sell up to 1,500 Cessna Citation aircraft to NetJets, which further boosted the stock.
• The fleet agreement between Textron Aviation and NetJets for the option to purchase additional Cessna Citation business jets contributed to the bullish movement.
• The partnership with NetJets, owned by Berkshire Hathaway, indicates a positive outlook for Textron's aviation unit and its potential for increased sales in the future.

25.00.2024 - TXT Stock was up 7.8%

• The bullish movement in TXT stock today can be attributed to the following factors:
• 1. Strong Q4 growth: The company reported solid earnings growth in the fourth quarter, with adjusted EPS beating the consensus estimates. This positive financial performance likely boosted investor confidence in the stock.
• 2. Optimistic outlook: Textron revealed an optimistic outlook for 2024 during its earnings call. This positive outlook for future growth and profitability could have contributed to the bullish sentiment surrounding the stock.
• 3. Improved profit outlook: The stock also saw a jump in price due to an improved profit outlook. Although specific details were not provided in the articles, this positive development likely fueled investor optimism and buying interest in the stock.
• 4. Mixed sales performance: While sales growth in the fourth quarter fell slightly short of consensus estimates, the strong earnings growth overshadowed this factor. The market may have focused more on the positive earnings performance, leading to the bullish movement in the stock.
• Overall, the combination of strong Q4 growth, an optimistic outlook, and an improved profit outlook likely drove the bullish market movement in Textron Inc. (TXT) stock today.

25.03.2024 - TXT Stock was down 8.7%

• Despite surpassing analyst expectations for Q1 2024 earnings per share (EPS) and revenue, TXT stock faced a notable decrease in value.
• The market's reaction to a slight miss in non-GAAP EPS and revenue numbers could indicate concerns about the company's future growth prospects.
• Investors may have anticipated stronger performance following the positive earnings, prompting profit-taking and a negative market sentiment.
• External factors or overall market conditions might have played a role in influencing the stock's movement, potentially overshadowing the favorable earnings report and driving today's bearish trend for TXT.

25.03.2024 - TXT Stock was down 11.8%

• While surpassing EPS forecasts, Textron's stock saw a decline, potentially linked to lower-than-expected revenue figures.
• The market's negative response to the revenue shortfall suggests investor apprehension over Textron's future growth.
• The decrease in stock value could also be associated with investors selling off shares to lock in profits following a recent rise in Q1 earnings for Textron Inc.
• In conclusion, various factors such as revenue misses and profit-taking actions may have influenced market sentiment towards Textron.

03.08.2024 - TXT Stock was down 2.0%

• The bearish movement in Textron Inc. (TXT) stock could be attributed to profit-taking by investors after a period of outperformance in the market.
• Despite positive news of shipping its Beechcraft T-6C Trainer to the Tunisian Air Force, the market may have reacted negatively due to overall market sentiment or profit booking.
• Investors might be concerned about the impact of global economic uncertainties on Textron's diverse product portfolio, leading to the bearish trend in the stock price.

24.09.2024 - TXT Stock was down 7.6%

• The bearish movement in TXT today can be attributed to the company's Q3 earnings and revenue missing estimates by -4.11% and 2.27% respectively.
• Additionally, the potential impact of restructuring charges on TXT's Q3 results might have further dampened investor sentiment.
• Despite positive news like the selection of Gogo Galileo HDX for factory installation on certain aircraft models, the overall financial performance seems to have weighed more heavily on the stock.
• Investors might have been disappointed with TXT's Q3 performance compared to Wall Street estimates, leading to the bearish movement in the stock today.