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RTX stock hits new highs but growth lags, suggesting a sell opportunity

Analyst Insights
23 Apr 2026
Seeking Alpha
View Source
Bearish
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RTX Corporation's stock has surged to new highs driven by increased munitions demand from global conflicts. Despite this, the company's organic growth guidance remains modest at 5-6%, with Q1 2026 sales up 8.9% and backlog increasing 25% year-over-year. The stock trades at a high valuation of nearly 30 times 2026 earnings per share, which is not supported by the slower earnings growth and rising competition. Investors are advised to consider selling at these elevated prices as the company's financial performance may not justify the current stock valuation.

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