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Jefferies raised its price target on Textron (NYSE:TXT) to $95.00 from $85.00 on Monday, while maintaining a Buy rating on the aircraft manufacturer’s stock. Currently trading at $76.80, Textron appears undervalued according to InvestingPro analysis, with analyst targets ranging from $71 to $107.
The price target increase follows Jefferies’ Business Aviation Summit, where Textron Aviation’s Senior Vice President of Global Sales and Flight Operations, Lannie O’Bannion, discussed the company’s near-term focus on bringing new products to market, including the M2 Gen2, CJ3 Gen2, and Ascend aircraft. With a market capitalization of $13.9 billion and strong financial health metrics, Textron is well-positioned to execute its product strategy. Want deeper insights? InvestingPro subscribers have access to over 30 additional financial metrics and exclusive analysis.
Jefferies noted strong demand for Textron’s CJ4 Gen3, estimating 30 CJ4 deliveries in 2025, compared to 26 in 2024. The company’s robust revenue of $13.87 billion in the last twelve months and healthy profit margins support these expansion plans. The CJ4 Gen3, which was unveiled at the NBAA convention last October, features a maximum range of 2,165 nautical miles, seating for up to 10 passengers, and a 1,000-pound baggage capacity, with entry into service planned for 2026.
The research firm also highlighted that used aircraft inventories remain healthy, with approximately 3% of Citations less than 10 years old currently for sale in the market.
Textron is implementing its Emergency Autoland system across multiple aircraft platforms, including the M2, CJ3, and CJ4, which enhances safety for single-pilot operations by automatically landing the aircraft if a pilot becomes incapacitated.
In other recent news, Textron Inc . reported its first-quarter 2025 earnings, which exceeded analyst expectations with an adjusted income of $1.28 per share compared to the forecast of $1.16. The company’s revenue also surpassed predictions, reaching $3.3 billion against the anticipated $3.25 billion. Despite these strong financial results, Textron’s stock experienced a decline, attributed to broader market conditions and investor caution. Textron’s aviation segment showed robust performance, delivering 31 jets and 30 turboprops, while the Bell division delivered 29 commercial helicopters, marking a significant increase from the previous year. The company maintains a strong backlog, indicating continued demand for its products. In addition to financial updates, shareholders at Textron’s 2025 Annual Meeting elected board members and approved executive compensation, reflecting support for the company’s governance strategies. The appointment of Ernst & Young LLP as Textron’s independent registered public accounting firm for fiscal year 2025 was also ratified. These developments indicate a stable outlook for Textron, with the company reaffirming its full-year adjusted EPS guidance between $6.00 and $6.20.
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