RTX Corporation (NYSE: RTX) Looks Attractive After 13 Percent Three-Month Decline Even as Backlog Growth Signals Long-Term Strength

RTX Corporation has seen a 13.41% decline over the past three months, creating an attractive valuation despite strong fundamentals. Analysts hold a “Buy” consensus with significant upside potential, and the company’s Q1 2026 results showed growth across all segments, driven by commercial aviation recovery and increased defense spending due to global conflicts. While GTF engine remediation remains a risk, management confidence in the outlook is high, supported by free cash flow guidance, backlog composition, and solid dividend payments.

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