Textron is a conglomerate involved in defense, aviation, industrial products, and more. TXT stock plunged by about 10% after the company reported Q1 results for 2024, presenting a buying opportunity.
Textron next year will eliminate Textron eAviation as a distinct business unit and realign the division’s electric aviation and other work into different business units, including Textron Aviation.
Textron is reiterated as a buy with a $104.85 price target, implying 24% upside despite historical stock underperformance. TXT's Q3 2025 saw 5.4% revenue growth, strong aviation segment profits, and ...
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