RTX Corporation (NYSE: RTX) finished Wednesday’s holiday-shortened trading session higher and then barely moved in late trading, as investors weighed a steady drumbeat of defense demand headlines against lingering commercial-aerospace uncertainty tied to Pratt & Whitney’s geared turbofan (GTF) challenges.
With U.S. markets closed on Christmas Day (Thursday, Dec. 25), the next regular session to watch is Friday, Dec. 26, 2025—and the setup for RTX now hinges on whether new contract flow and analyst optimism can keep the stock near its recent highs in a thin, year-end tape. [1]
RTX stock price after hours today: the numbers that matter
In the regular session (early close):
- Close:$186.38, up 0.33%
- Day range:$185.50 – $187.10
- Volume:~1.27 million shares (noticeably light versus earlier sessions this week) [2]
After the bell (late trading):
- RTX traded essentially flat around $186.50 in late after-hours quotes. [3]
Two important context points for interpreting this price action:
- It was a shortened Christmas Eve session. The NYSE closed the regular session early at 1:00 p.m. ET and the market is closed for Dec. 25. [4]
- Holiday liquidity can exaggerate small moves. Reuters flagged thin overall market volume in the shortened session, a reminder that late-December prints can be noisy. [5]
Why RTX is in focus right now: the Spain Patriot contract is the headline catalyst
The biggest defense catalyst being digested into today’s tape is Raytheon’s $1.7 billion foreign military sales contract tied to Patriot air and missile defense systems for Spain—a deal that has been widely circulated across financial and defense media since the announcement. [6]
Key takeaways investors are drawing from the coverage:
- Size and signaling: Reuters described it as a $1.7 billion award for four Patriot systems, highlighting the platform’s continued relevance and the broader European demand backdrop. [7]
- Industrial participation: Reporting notes participation from Spanish industry (including Sener as part of the supply chain), which can strengthen the political durability of follow-on work. [8]
- Demand remains broad: A research-style write-up carried by Nasdaq emphasized that Patriot demand stayed robust in 2025, citing additional orders from Germany, the Netherlands, and Romania. [9]
A separate Dec. 24 defense-aviation report added more color on Spain’s broader defense shopping list—also referencing U.S. authorization related to engine fan components for Spain’s F/A-18 fleet—underscoring that procurement momentum in Europe isn’t limited to a single program. [10]
Today’s fresh forecasts and analysis: what analysts are saying on Dec. 24
Several widely read market notes published today focused on earnings expectations, analyst targets, and the fundamental tug-of-war inside RTX (defense strength vs. commercial engine overhang). Here’s the distilled picture—using the numbers that appeared today.
1) Earnings preview: Q4 expectations and full-year EPS outlook
A new earnings preview published today set expectations that RTX will report roughly $1.45 in Q4 profit per diluted share (a year-over-year decline per that note), while emphasizing RTX’s history of beating estimates. [11]
That same analysis projected full-year 2025 diluted EPS around $6.19, framing RTX as an earnings grower despite the mixed segment backdrop. [12]
Separately, MarketBeat’s earnings page pegged RTX’s next earnings date as “estimated” for Jan. 27, 2026 (before market opens), based on prior schedules. [13]
2) Revenue expectations and revisions: why “estimate direction” matters into year-end
A Zacks-syndicated summary (as surfaced today) stressed the relationship between estimate revisions and short-term stock moves, listing:
- Current-quarter EPS estimate:$1.45
- Current-quarter revenue estimate:~$22.74B
- Current fiscal year EPS estimate:$6.19
- Next fiscal year EPS estimate:$6.72
- Zacks Rank:#3 (Hold) [14]
Even if you don’t trade on “Rank” systems, the practical takeaway is straightforward: RTX is now priced like a strong execution story, so estimate cuts (especially tied to Pratt & Whitney disruption costs) can matter more than usual.
3) Price targets and ratings: the consensus is positive, but the target level varies
Here’s where “consensus” gets messy—because data providers can differ on which analysts and which updates they include.
- One analyst roundup published today reported a “Moderate Buy” consensus and a mean price target around $196.28, implying mid-single-digit upside from current levels. [15]
- A MarketBeat roundup published today also reported a “Moderate Buy” consensus, but showed a consensus price target near $184.18, which sits below the current price area. [16]
How to interpret the gap:
- It’s less about “one is right” and more about timing and sample—who updated targets recently, and which targets are included.
- For trading into the next session, the key is that ratings skew positive, but the stock is already near the upper end of many target ranges, meaning incremental upside may require incremental news.
The underappreciated risk factor investors are still watching: Pratt & Whitney GTF disruption
RTX is not “only defense.” A major thread that continues to influence investor confidence (and valuation) is the operational and financial fallout from Pratt & Whitney’s GTF engine issues.
Two pieces of reporting stand out in the latest news cycle:
- Stored aircraft count: FlightGlobal reported that by end-October, airlines globally had 835 GTF-powered jets in storage, up from mid-year, citing Cirium fleet data—and noting the disruption tied to the engine recall environment. [17]
- Path to improvement: A Dec. 24 deep dive described Pratt & Whitney’s “GTF Advantage” durability push and noted expectations that the first GTF Advantage engines are anticipated to enter service in 2026, aiming to extend on-wing time via design and manufacturing upgrades. [18]
Why this matters for the stock before the next session:
- Defense awards can lift sentiment, but the market still cares about cash flow conversion and commercial aftermarket execution.
- Any new datapoint on shop-visit cadence, compensation to airlines, or supply chain throughput can shift assumptions—even without an earnings release.
What to know before the market “opens tomorrow” (and the schedule reality on Dec. 25)
Because this question is time-sensitive, it’s important to be precise:
- U.S. stock markets are closed Thursday, Dec. 25, 2025 (Christmas Day). [19]
- Wednesday (Dec. 24) was a shortened session with the 1:00 p.m. ET close. [20]
- The next regular session to focus on is Friday, Dec. 26, 2025.
That means the “before the open” checklist isn’t about a normal overnight catalyst window—it’s about two calendar days of headline risk compressed into the next tradeable session.
Pre–next-session checklist for RTX: 8 things to watch before Friday’s open
- Patriot follow-through headlines
- Watch for any additional detail on delivery timeline, options, or follow-on sustainment work tied to Spain’s order. Reuters already highlighted the deal size and platform economics; incremental color can move sentiment. [21]
- Any new U.S./Europe air-and-missile-defense procurement chatter
- The missile defense theme remains a central “multiple support” pillar for RTX bulls. [22]
- Pratt & Whitney GTF updates
- The stored-aircraft figure and recall-driven disruption remains a key narrative. Any update (airline comments, MRO capacity moves, regulatory notes) can matter in thin liquidity. [23]
- Earnings date expectations and estimate drift
- Multiple notes today anchored expectations around ~$1.45 EPS for the upcoming quarter and ~$6.19 for FY 2025. Watch for estimate changes—especially if any shop visit cost assumptions shift. [24]
- Analyst target updates
- With the stock near recent highs, upgrades/target bumps can have outsized impact. Today’s published targets vary widely by source; that dispersion itself is a signal to watch for “fresh ink.” [25]
- Price behavior near recent highs
- RTX printed a $188 intraday high earlier this week (Dec. 23), and today’s close kept it within about 1% of that area—making it an obvious “decision zone” for short-term traders. [26]
- Holiday-thin tape dynamics
- Reuters emphasized the broader market’s holiday-thin volume. RTX can overshoot on light liquidity—up or down—so many investors reduce the weight they put on small moves. [27]
- Macro tone into year-end
- U.S. equities are coming off record closes in the shortened session, with investors still debating 2026 rate cuts and earnings breadth. Macro risk-on/risk-off swings can affect defense names even without company news. [28]
Bottom line: RTX ends Dec. 24 steady, but the next “real” catalyst window starts now
RTX closed the shortened Christmas Eve session at $186.38 and held roughly flat in after-hours trading, a calm finish that masks an important setup: the stock is hovering near recent highs while the news flow remains active.
The bullish case into the next session rests on defense demand visibility—with the $1.7B Patriot/Spain award reinforcing that narrative—plus continued confidence that RTX can execute through its next earnings cycle. [29]
The balancing risk remains Pratt & Whitney’s commercial engine disruption, which is still showing up in fleet storage data and continues to shape investor sensitivity to any estimate revisions. [30]
This article is for informational purposes only and is not investment advice.
References
1. www.nyse.com, 2. stockanalysis.com, 3. www.marketwatch.com, 4. www.nyse.com, 5. www.reuters.com, 6. www.reuters.com, 7. www.reuters.com, 8. www.reuters.com, 9. www.nasdaq.com, 10. www.aerotime.aero, 11. www.barchart.com, 12. www.barchart.com, 13. www.marketbeat.com, 14. finviz.com, 15. www.barchart.com, 16. www.marketbeat.com, 17. www.flightglobal.com, 18. aerospaceglobalnews.com, 19. www.nyse.com, 20. www.investopedia.com, 21. www.reuters.com, 22. www.nasdaq.com, 23. www.flightglobal.com, 24. www.barchart.com, 25. www.barchart.com, 26. stockanalysis.com, 27. www.reuters.com, 28. www.reuters.com, 29. www.reuters.com, 30. www.flightglobal.com
