Textron Inc., US8832031012

Morgan Stanley cuts Textron stock target from USD 98 to USD 86

Published on 10/18/2026 at 13:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 3.00 percent to USD 3.83 billion in the second quarter. Textron stock faces October 29 results and USD 6.40-6.60 guidance.

Target changes and earnings dates

The October 16, 2026 target change lowered the figure from USD 98.00 to USD 86.00.
Second-quarter revenue reached USD 3.83 billion, up 3.00 percent year over year.
Textron stock was last at USD 75.93 on October 16, 2026, within a USD 71.87 to USD 101.57 52-week range.
Third-quarter results are scheduled for October 29, 2026.

Textron Inc., US8832031012, Illustration mit AI erstellt.

Textron Inc. (ISIN US8832031012) faces a Morgan Stanley target cut from USD 98.00 to USD 86.00 announced on October 16, 2026. According to Markets Insider, the bank kept an Equal Weight rating while describing demand across commercial aerospace and defense as intact.

Target cut sets the latest tone

The Morgan Stanley change followed a broader run of target revisions ahead of Textron's third-quarter report. The USD 86.00 target stands 13.26 percent above the last primary-exchange quote of USD 75.93 from October 16, 2026, using the same currency for the comparison.

Three dated catalysts

On July 28, 2026, Textron reported second-quarter revenue of USD 3.83 billion and earnings per share of USD 1.62, compared with USD 1.55 a year earlier, according to MarketBeat. On October 6, 2026, Textron Systems received a USD 230.00 million U.S. Navy contract modification for two additional Ship-to-Shore Connector craft, according to Textron. On October 16, 2026, Morgan Stanley lowered its target from USD 98.00 to USD 86.00, according to Markets Insider.

What comes next for earnings?

Textron is due to release third-quarter 2026 results on October 29, 2026, with an earnings call scheduled for 8:00 a.m. Eastern time. The date was announced by Textron. The next report will test the company's full-year earnings-per-share guidance of USD 6.40 to USD 6.60, while the second-quarter comparison showed revenue growth of 3.00 percent.

Last quote and valuation context

Textron was last at USD 75.93 on the NYSE on October 16, 2026 at 4:00 p.m. ET. Its market capitalization was USD 13.1 billion, and its 52-week range was USD 71.87 to USD 101.57 on that date. The combination of a lower target and a scheduled earnings release leaves the October 29 report as the next concrete test for the aerospace and defense company.