最新ニュース RTX (NYSE:RTX) 株価情報

Raytheon Technologies

RTX is an aerospace and defense manufacturer formed from the merger of United Technologies and Raytheon, with roughly equal exposure as a supplier to commercial aerospace and to the defense market across three segments: Collins Aerospace, a diversified aerospace supplier; Pratt & Whitney, a commercial and military aircraft engine manufacturer; and Raytheon, a defense prime contractor providing a mix of missiles, missile defense systems, sensors, hardware, and communications technology to the military.

RTX Corp

Benzinga's options scanner has just identified more than 16 option transactions on RTX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>), with a cumulative value of $733,180. Concurrently, our algorithms picked up 2 puts, worth a total of 173,610.
<h3>What's The Price Target?</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $105.0 to $130.0 for RTX over the recent three months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in RTX's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to RTX's substantial trades, within a strike price spectrum from $105.0 to $130.0 over the preceding 30 days.
<h3>RTX Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1745438432_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>RTX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/02/25</td>
<td>$6.0</td>
<td>$5.75</td>
<td>$6.0</td>
<td>$114.00</td>
<td>$120.0K</td>
<td>1.1K</td>
<td align="right">507</td>
</tr>
<tr>
<td>RTX</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$7.0</td>
<td>$6.9</td>
<td>$6.9</td>
<td>$120.00</td>
<td>$113.8K</td>
<td>4.9K</td>
<td align="right">165</td>
</tr>
<tr>
<td>RTX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$11.55</td>
<td>$11.05</td>
<td>$11.45</td>
<td>$120.00</td>
<td>$74.4K</td>
<td>1.2K</td>
<td align="right">117</td>
</tr>
<tr>
<td>RTX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$9.25</td>
<td>$9.1</td>
<td>$9.1</td>
<td>$125.00</td>
<td>$60.9K</td>
<td>1.7K</td>
<td align="right">162</td>
</tr>
<tr>
<td>RTX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/15/25</td>
<td>$4.2</td>
<td>$4.05</td>
<td>$4.15</td>
<td>$115.00</td>
<td>$59.7K</td>
<td>434</td>
<td align="right">158</td>
</tr>
</tbody>
</table>

<h3>About RTX</h3>
RTX is an aerospace and defense manufacturer formed from the merger of United Technologies and Raytheon, with roughly equal exposure as a supplier to commercial aerospace and to the defense market across three segments: Collins Aerospace, a diversified aerospace supplier; Pratt &amp; Whitney, a commercial and military aircraft engine manufacturer; and Raytheon, a defense prime contractor providing a mix of missiles, missile defense systems, sensors, hardware, and communications technology to the military.
<h3>Current Position of RTX</h3>
<ul>
<li>With a volume of 8,260,728, the price of RTX is up 5.73% at $120.27. </li>
<li>RSI indicators hint that the underlying stock may be approaching oversold.</li>
<li>Next earnings are expected to be released in 92 days.</li>
</ul>
<h3>Professional Analyst Ratings for RTX</h3>
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $140.4.
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&#x2A; An analyst from Citigroup persists with their Buy rating on RTX, maintaining a target price of $148. 
&#x2A; An analyst from Wells Fargo persists with their Overweight rating on RTX, maintaining a target price of $136. 
&#x2A; Consistent in their evaluation, an analyst from UBS keeps a Buy rating on RTX with a target price of $138. 
&#x2A; An analyst from RBC Capital has decided to maintain their Outperform rating on RTX, which currently sits at a price target of $140. 
&#x2A; Consistent in their evaluation, an analyst from Susquehanna keeps a Positive rating on RTX with a target price of $140. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for RTX, <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> gives you real-time options trades alerts.

Options

Markets

What the Options Market Tells Us About RTX

RBC Capital analyst Ken Herbert maintains RTX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) with a Outperform and lowers the price target from $150 to $140.

News

Price Target

Analyst Ratings

RBC Capital Maintains Outperform on RTX, Lowers Price Target to $140

Susquehanna analyst Charles Minervino maintains RTX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) with a Positive and lowers the price target from $147 to $140.

Susquehanna Maintains Positive on RTX, Lowers Price Target to $140

UBS analyst Gavin Parsons maintains RTX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) with a Buy and raises the price target from $133 to $138.

UBS Maintains Buy on RTX, Raises Price Target to $138

Lockheed Martin Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) CEO Jim Taiclet outlined an ambitious plan to enhance the F-35 fighter jet <a href="https://www.benzinga.com/news/contracts/25/03/44445996/lockheed-martin-shares-sink-after-major-us-air-force-contract-goes-to-boeing-what-to-know">following the company&#8217;s loss</a> of the Next Generation Air Dominance (NGAD) program contract to Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>).
What Happened: During Lockheed&#8217;s first quarter of 2025 earnings call on Tuesday, Taiclet said he has challenged his team to deliver &#8220;80% of 6th Gen capability at 50% of the cost&#8221; by applying technologies developed for its NGAD bid to the existing F-35 platform.
&#8220;We are moving forward and moving out on applying all the technologies that we developed for our NGAD bid onto our embedded base of F-35 and F-22,&#8221; Taiclet said, describing his vision as a &#8220;5th generation plus concept&#8221; for the F-35.
The aerospace giant <a href="https://www.benzinga.com/25/04/44922218/lockheed-martin-posts-strong-q1-says-maintained-2025-guidance-doesnt-include-tariff-impact">reported strong first-quarter results</a> with earnings per share of $7.28, beating analyst estimates by $0.97, and revenue of $17.96 billion, up 4.47% year-over-year.
Lockheed maintained its full-year guidance despite tariff challenges and the NGAD decision, projecting $73.75-74.75 billion in revenue and $27.00-27.30 in earnings per share. The company returned $1.5 billion to shareholders through dividends and <a href="https://www.benzinga.com/25/04/44922218/lockheed-martin-posts-strong-q1-says-maintained-2025-guidance-doesnt-include-tariff-impact">share repurchases during the quarter</a>.
See Also: <a href="https://www.benzinga.com/government/regulations/25/04/44943149/larry-summers-warns-trumps-irs-cuts-could-cost-americans-1-trillion-over-10-years-calls-strategy-raw-incompetence">Larry Summers Warns Trump&#8217;s IRS Cuts Could Cost Americans $1 Trillion Over 10 Years, Calls Strategy &#8216;Raw Incompetence&#8217;</a>
Why It Matters: The March F-47 contract award to Boeing represented a significant setback for Lockheed, with Reuters reporting the deal could be worth <a href="https://www.benzinga.com/news/contracts/25/03/44445996/lockheed-martin-shares-sink-after-major-us-air-force-contract-goes-to-boeing-what-to-know">hundreds of billions of dollars over its multi-decade lifetime</a>. This followed Lockheed&#8217;s elimination from consideration for the Navy&#8217;s next-generation carrier-based stealth fighter.
Despite these challenges, Taiclet emphasized the F-35&#8217;s continued importance. With approximately 1,100 aircraft already delivered and a projected global fleet exceeding 3,500, he positioned the F-35 as the &#8220;quarterback&#8221; in future air combat operations.
&#8220;We think we can get most of the way to 6th Gen at half the cost,&#8221; Taiclet said.
The company also highlighted recent contract wins worth up to $10 billion for missile systems, including Precision Strike Missiles, THAAD, and JASSM/LRASM.
Price Action: Lockheed Martin stock closed at $462.08 on Tuesday, up 0.82% for the day. In pre-market trading, the stock was up an additional 0.85% at $466.00. Year to date, however, the stock is down 4.18%.
LMT trails key U.S. rivals—Northrop Grumman (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOC#NYSE">NOC</a>), Raytheon Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>), General Dynamics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GD#NYSE">GD</a>), and Boeing on the momentum metric, with the stock showing a negative price trend over the medium to long term. However, according to Benzinga Edge Stock Rankings, LMT still exhibits a positive short-term price trend. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Sign up to learn more</a>.
Read Next:
<ul>
<li><a href="https://benzinga.com/25/04/44855242/charlie-munger-once-highlighted-how-warren-buffetts-lifelong-learning-made-berkshire-hathaways-success-possible-and-the-crucial-lesson-you-can-take-from-it?tblci=GiAShVRBa42nCBtWlx7IMC67Vo2BcWpr85L5I7snseW6sCCN1VcolqTZ7-yIiJzNATDviEo" target="_blank" rel="noreferrer noopener">Charlie Munger Once Said Warren Buffett Is A ‘Learning Machine&#8217; And That&#8217;s What Lies Beneath Berkshire Hathaway&#8217;s Success From One Decade To Another</a></li>
</ul>
Image Via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Earnings Misses

Equities

General

Lockheed Martin Targets 80% Of 6th Gen Capabilities In F-35 At Half The Cost After Losing NGAD Contract To Boeing

U.S. stock futures saw an uptick Tuesday night following President Donald Trump&#8216;s statement that he <a href="https://www.benzinga.com/25/04/44940900/us-futures-dollar-jump-amid-trumps-latest-comments-on-fed-nikkei-rebounds-to-three-week-high">has &#8220;no intention&#8221; of dismissing</a> Federal Reserve Chair Jerome Powell. For the day, the Dow Jones Industrial Average ended 2.7% higher at 39,186.98, while the S&amp;P 500 rose 2.5% to 5,287.76 and the tech-heavy Nasdaq ended Tuesday higher by 2.7% to 16,300.42.
These are the top stocks that gained the attention of retail traders and investors throughout the day.
Tesla Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
Tesla&#8217;s shares rose by 4.60%, closing at $237.97. The stock hit an intraday high of $242.79 and a low of $229.85, with a 52-week range between $488.54 and $141.11. In the after-hours trading, the stock rose 5.4% to $250.80. The electric vehicle maker reported first-quarter financial results, revealing a <a href="https://www.benzinga.com/25/04/44937440/tesla-q1-earnings-highlights-revenue-miss-eps-miss-tariff-landscape-and-changing-political-sentiment-cloud-guidance">revenue and EPS miss</a>. The company&#8217;s guidance is clouded by the &#8220;tariff landscape&#8221; and &#8220;changing political sentiment.&#8221; First-quarter revenue came in at $19.34 billion, missing an estimate of $21.35 billion. On Tuesday, CEO Elon Musk said that he plans to spend only a &#8220;day or two&#8221; per week on government work going forward and <a href="https://www.benzinga.com/25/04/44940401/elon-musk-says-hell-only-spend-day-or-two-per-week-on-government-matters-to-ensure-fraud-does-not-come-roaring-ba">refocus his attention</a> on Tesla.
Intel Corporation&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>)
Intel&#8217;s stock climbed 3.56%, ending the day at $19.51. It reached an intraday high of $19.74 and a low of $19.04, with a 52-week high of $37.16 and a low of $17.67. The company <a href="https://www.benzinga.com/25/04/44940832/intel-plans-to-slash-over-20-of-workforce-in-major-restructuring-under-new-ceo-lip-bu-tan-report">plans to cut over 20% of its workforce</a> as part of a major restructuring under new CEO Lip-Bu Tan. This move aims to reduce bureaucracy and enhance engineering focus. In the after-hours trading, Intel stock rose 2% to $19.90.
Enphase Energy Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>)
Enphase Energy saw a 3.51% increase, closing at $53.43. The stock&#8217;s intraday high was $54.72, and the low was $51.95, with a 52-week range of $141.59 to $47.48. The solar company reported a <a href="https://www.benzinga.com/news/earnings/25/04/44938718/enphase-energy-q1-earnings-revenue-miss-eps-miss-cautious-guidance-shares-sink">revenue and EPS miss</a> for the first quarter, with cautious guidance leading to a decline in shares. The company reported first-quarter revenue of $356.1 million, missing the consensus estimate of $361.43 million. The stock dropped 9.9% to $48.14 in after-hours trading.
Oklo Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OKLO#NYSE">OKLO</a>)
Oklo&#8217;s stock jumped 5.59%, closing at $21.53. It reached an intraday high of $21.98 and a low of $20.62, with a 52-week high of $59.14 and a low of $5.35. The stock fell in after-hours trading by 3.5% following Sam Altman&#8216;s decision to <a href="https://www.benzinga.com/trading-ideas/movers/25/04/44937524/oklo-stock-falls-as-sam-altman-steps-down-as-board-chair-now-is-the-right-time">step down as board chair</a>, aiming to provide the company with more partnership opportunities.
RTX Corporation&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>)
RTX shares dropped 9.81%, closing at $113.75. The stock&#8217;s intraday high was $117.19, and the low was $112.63, with a 52-week range of $136.17 to $99.07. Despite strong first-quarter earnings and cash flow, the <a href="https://www.benzinga.com/news/earnings/25/04/44932047/rtx-delivers-strong-q1-earnings-and-cash-flow-but-tariff-risks-to-outlook-persist">outlook is overshadowed</a> by tariff risks. The company posted first-quarter net sales of $20.31 billion and adjusted earnings per share of $1.47 — both numbers were above estimates.
Prepare for the day&#8217;s trading <a href="https://editorial.benzinga.com/wp-admin/Premarket%20Movers%20&amp;%20News">with top premarket movers and news</a> by Benzinga.
Benzinga Edge Stock Rankings place Intel&#8217;s Momentum in the 20th percentile and Growth in the 3rd percentile. How does arch rival AMD stack up? <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Find out here</a>.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="791" height="108" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/22225102/Screenshot-2025-04-23-at-11.50.49.png" alt="" class="wp-image-883176" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/22225102/Screenshot-2025-04-23-at-11.50.49.png 791w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/22225102/Screenshot-2025-04-23-at-11.50.49-300x41.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/22225102/Screenshot-2025-04-23-at-11.50.49-768x105.png 768w" sizes="(max-width: 791px) 100vw, 791px" /></a></figure>
Read Next: 
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<li><a href="https://www.benzinga.com/25/04/44940763/ark-invests-bold-moves-nvidia-amd-airbnb-and-microsoft-in-focus">Cathie Wood Increases Bet On Nvidia And AMD Despite China Chip Hurdles, Ark Dumps Microsoft Stock Worth $9.7 Million</a></li>
</ul>
Photo Courtesy: NicoElNino On Shutterstock.com
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

ENPH

INTC

OKLO

TSLA

Tesla, Intel, Enphase, Oklo, And RTX: Why These 5 Stocks Are On Investors' Radars Today

RTX Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) shares are trading lower despite posting stronger-than-expected <a target="_blank" href="https://www.benzinga.com/pressreleases/25/04/n44918138/rtx-reports-q1-2025-results" rel="noreferrer noopener">first-quarter fiscal 2025 results</a>.
The company reported net sales of $20.31 billion, up 5% year-over-year and 8% organically, surpassing the Street estimate of $19.79 billion.
Adjusted earnings per share rose 10% to $1.47, beating the consensus of $1.35.
RTX&#8217;s operating cash flow for the quarter totaled $1.3 billion, and its free cash flow stood at $0.8 billion.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/earnings/25/04/44913389/rtx-lockheed-martin-northrup-grumman-report-earnings-tuesday-what-to-watch" rel="noreferrer noopener">RTX, Lockheed Martin, Northrup Grumman Report Earnings Tuesday: What To Watch</a>
RTX reported a robust backlog of $217 billion, comprising $125 billion in commercial and $92 billion in defense, while returning $0.9 billion to shareholders.
&#8220;The current environment is clearly very dynamic, but our company is well positioned to perform operationally and our teams remain focused on executing on our commitments and delivering our robust backlog,&#8221; commented RTX President and CEO Chris Calio.
Collins Aerospace: Sales were $7.22 billion (+8% YoY), driven by a 13% rise in commercial aftermarket sales due to continued air traffic recovery and a 10% increase in defense sales supported by higher volumes across key programs, including C5ISR and the F-35. Adjusted operating profit of $1.23 billion, up 17%, driven by higher commercial aftermarket and defense volumes.
Pratt &amp; Whitney: Sales were $7.366 billion (+14% YY), driven by 28% commercial aftermarket growth and increased military engine deliveries, including for the Tanker program and F135 upgrade. Adjusted operating profit escalated 39% Y/Y to $590 million in the quarter.
Raytheon: Sales were $6.34 billion, down 5% year-over-year due to a business divestiture. Excluding that impact, sales rose 2%, driven by higher volume in land and air defense systems, including international Patriot and LTAMDS. Adjusted operating profit of $678 million, up 8% year-over-year, driven by favorable mix and improved productivity.
Outlook 2025: RTX reiterated its 2025 outlook. It expects adjusted sales of $83.0 billion—$84.0 billion versus the consensus of $84.151 billion and adj. EPS of $6.00-$6.15 versus the street view of $6.10.
The company expects free cash flow of $7.0 billion – $7.5 billion for the year.
The outlook excludes the impact of newly enacted U.S. and non-U.S. tariffs, and management will detail potential effects during the Q1 2025 earnings call.
Price Action: RTX shares are down 10.40% at $113.01 at the last check on Tuesday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/04/44922218/lockheed-martin-posts-strong-q1-says-maintained-2025-guidance-doesnt-include-tariff-impact" target="_blank" rel="noreferrer noopener">Lockheed Martin Does Not Alter Annual Outlook To Price Tariff Impact Yet Amid Recent CFO Change</a></li>
</ul>
Photo by T. Schneider via Shutterstock

Earnings

Guidance

Movers

Trading Ideas

RTX Delivers Strong Q1 Earnings And Cash Flow, But Tariff Risks To Outlook Persist

After Monday&#8217;s broad-based sell-off — triggered by renewed pressure from President Donald Trump on Federal Reserve Chairman Jerome Powell, raising concerns over the integrity of central bank independence — Wall Street bounced back with strength on Tuesday, buoyed by upbeat signals from <a href="https://www.benzinga.com/earnings">the corporate earnings season.</a>
By midday in New York, major indices were up by nearly 3%, with all 11 sectors of the S&amp;P 500 trading in positive territory. Consumer discretionary stocks led the rally.
The Dow Jones Industrial Average surged over 1,000 points, breaking above the 39,200 mark, as bullish momentum swept across Wall Street. Only a few S&amp;P 500 stocks remained in negative territory.
At a JPMorgan-hosted event in Washington, U.S. Treasury Secretary Scott Bessent hinted at a potential de-escalation in tensions with China, further supporting risk sentiment.
Shares of Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) surged nearly 5% as investors looked ahead to the company's first-quarter earnings report, due after the closing bell.
In the bond market, after two sessions of rising Treasury yields, a modest pullback suggested some investors saw an opportunity to buy as long-dated yields neared the 5% threshold.
On the commodities front, gold briefly touched $3,500 per ounce overnight before retreating to $3,420 amid an improvement in equity market sentiment. Oil jumped 2.3%, with WTI crude reaching $64 per barrel, while copper gained 2.8%.
The cryptocurrency market also reflected a broader risk-on mood. Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) rallied 4% to $91,000, while Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) advanced more than 7% to $1,700.
<h1 class="wp-block-heading">Tuesday&#8217;s Performance In Major U.S. Indices, ETFs</h1>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>Chg</td>
<td>1-day %</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>18,321.10</td>
<td>+512.80</td>
<td>2.9%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>39,215.87</td>
<td>+1,045.46</td>
<td>2.7%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,297.34</td>
<td>+139.14</td>
<td>2.7%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>1,889.24</td>
<td>+48.92</td>
<td>2.7%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated by 12:10 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rallied 2.7% to $527.95.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) rose 3.9% to $392.14.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)&nbsp;rose 3% to $446.20.</li>
<li>The&nbsp;iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rallied 2.7% to $187.68.</li>
<li>The&nbsp;Consumer Discretionary&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>) outperformed, up 3.8%. </li>
</ul>
<h1 class="wp-block-heading">Tuesday&#8217;s Stock Movers</h1>
Stocks reacting to quarterly earnings included: 
<ul>
<li>General Electric Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>) up 4.8%</li>
<li>Verizon Communications Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) up 0.5%,</li>
<li>RTX Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) down 8.7%</li>
<li>Danaher Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHR#NYSE">DHR</a>) up 6.6%, </li>
<li>Lockheed Martin Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) up 2.4%, </li>
<li>Moody&#8217;s Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCO#NYSE">MCO</a>) up 3%</li>
<li>3M Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>) up 8%</li>
<li>Northrop Grumman Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOC#NYSE">NOC</a>) down 13%</li>
<li>Equifax Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EFX#NYSE">EFX</a>) up 14%. </li>
<li>Halliburton Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAL#NYSE">HAL</a>) down 4.9%. </li>
</ul>
Shares of First Solar Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) soared 12% as the U.S. administration imposed tariffs up to 3,521% on solar imports from Southeast Asia. 
<h1 class="wp-block-heading">S&amp;P 500&#8217;s Top 5 Gainers</h1>
<figure class="wp-block-table"> 
<table>
<thead>
<tr>
<th>Company</th>
<th>% Change</th>
</tr>
</thead>
<tbody>
<tr>
<td>Equifax Inc. </td>
<td>14.34%</td>
</tr>
<tr>
<td>First Solar, Inc. </td>
<td>12.35%</td>
</tr>
<tr>
<td>Pentair plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNR#NYSE">PNR</a>)</td>
<td>9.59%</td>
</tr>
<tr>
<td>Invesco Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVZ#NYSE">IVZ</a>)</td>
<td>9.17%</td>
</tr>
<tr>
<td>PulteGroup, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PHM#NYSE">PHM</a>)</td>
<td>8.30%</td>
</tr>
</tbody>
</table>
</figure>
Read Now: 
<ul>
<li><a href="https://www.benzinga.com/government/regulations/25/04/44926902/imf-slashes-us-growth-outlook-as-trump-tariffs-bite-raises-recession-odds-to-40">IMF Slashes US Growth Outlook As Trump Tariffs Bite, Raises Recession Odds To 40%</a></li>
</ul>
Photo: Shutterstock

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Wall Street Rebounds Ahead Of Tesla Earnings, Dow Adds 1,000 Points, Bitcoin Hits $91,000: What's Driving Markets Tuesday?

Market Summary

Benzinga Market Summary: Bessent Reportedly Sees China De-Escalation, Dow Rebounds Following Recent Weakness, Bitcoin Rises, Northrop Grumman And RTX Fall On Weak Guidance

WIIM

RTX shares are trading lower after the company issued FY25 revenue guidance below estimates.

2025 full year outlook
<ul>
<li>Adjusted sales&#x2A; of $83.0 - $84.0 billion, including 4 to 6 percent organic growth&#x2A;</li>
<li>Adjusted EPS&#x2A; of $6.00 - $6.15</li>
<li>Free cash flow&#x2A; of $7.0 - $7.5 billion</li>
<li>Outlook does not incorporate the impact of the recently enacted incremental U.S. and non-U.S. tariffs</li>
<li>Management will provide additional details of potential tariff impacts on the Q1 2025 earnings call</li>
</ul>

RTX 2025 Outlook: Expects Adj. EPS $6.00-$6.15 Vs. $6.10 Est., Adj. Revenue Of $83.0B-$84.0B Vs. $84.151B Est., And Free Cash Flow Of $7B - $7.5B; Outlook Excludes New U.S. And Global Tariffs

RTX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) reported quarterly earnings of $1.47 per share which beat the analyst consensus estimate of $1.35 by 8.89 percent. This is a 9.7 percent increase over earnings of $1.34 per share from the same period last year. The company reported quarterly sales of $20.31 billion which beat the analyst consensus estimate of $19.79 billion by 2.59 percent. This is a 5.19 percent increase over sales of $19.30 billion the same period last year.

Earnings Beats

RTX Q1 2025 Adj EPS $1.47 Beats $1.35 Estimate, Sales $20.31B Beat $19.79B Estimate

<h3>Companies Reporting Before The Bell</h3>
• Valmont Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VMI#NYSE">VMI</a>) is estimated to report quarterly earnings at $4.36 per share on revenue of $976.14 million. 
• Herc Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRI#NYSE">HRI</a>) is expected to report quarterly earnings at $2.21 per share on revenue of $847.18 million. 
• Peoples Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEBO#NASDAQ">PEBO</a>) is expected to report quarterly earnings at $0.73 per share on revenue of $113.55 million. 
• Mercantile Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBWM#NASDAQ">MBWM</a>) is likely to report quarterly earnings at $1.19 per share on revenue of $57.70 million. 
• Lockheed Martin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) is expected to report quarterly earnings at $6.34 per share on revenue of $17.79 billion. 
• Northern Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTRS#NASDAQ">NTRS</a>) is likely to report quarterly earnings at $1.85 per share on revenue of $1.95 billion. 
• RTX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) is projected to report quarterly earnings at $1.35 per share on revenue of $19.79 billion. 
• Verizon Communications (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) is estimated to report quarterly earnings at $1.15 per share on revenue of $33.23 billion. 
• Moodys (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCO#NYSE">MCO</a>) is estimated to report quarterly earnings at $3.54 per share on revenue of $1.88 billion. 
• Kimberly-Clark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMB#NYSE">KMB</a>) is estimated to report quarterly earnings at $1.89 per share on revenue of $4.88 billion. 
• Genuine Parts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPC#NYSE">GPC</a>) is estimated to report quarterly earnings at $1.68 per share on revenue of $5.83 billion. 
• Pentair (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNR#NYSE">PNR</a>) is estimated to report quarterly earnings at $1.01 per share on revenue of $988.89 million. 
• Quest Diagnostics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DGX#NYSE">DGX</a>) is expected to report quarterly earnings at $2.15 per share on revenue of $2.63 billion. 
• Halliburton (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAL#NYSE">HAL</a>) is estimated to report quarterly earnings at $0.60 per share on revenue of $5.28 billion. 
• MSCI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSCI#NYSE">MSCI</a>) is projected to report quarterly earnings at $3.91 per share on revenue of $744.21 million. 
• Northrop Grumman (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOC#NYSE">NOC</a>) is projected to report quarterly earnings at $6.26 per share on revenue of $9.93 billion. 
• 3M (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>) is expected to report quarterly earnings at $1.77 per share on revenue of $5.75 billion. 
• Equifax (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EFX#NYSE">EFX</a>) is projected to report quarterly earnings at $1.40 per share on revenue of $1.42 billion. 
• PulteGroup (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PHM#NYSE">PHM</a>) is expected to report quarterly earnings at $2.42 per share on revenue of $3.82 billion. 
• GE Aerospace (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>) is estimated to report quarterly earnings at $1.26 per share on revenue of $9.00 billion. 
• Elevance Health (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELV#NYSE">ELV</a>) is projected to report quarterly earnings at $11.38 per share on revenue of $46.29 billion. 
• Synchrony Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYF#NYSE">SYF</a>) is estimated to report quarterly earnings at $1.67 per share on revenue of $4.56 billion. 
• Danaher (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHR#NYSE">DHR</a>) is expected to report quarterly earnings at $1.64 per share on revenue of $5.58 billion. 
• Lotus Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOT#NASDAQ">LOT</a>) is estimated to report earnings for its fourth quarter. 
• United Community Banks (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UCB#NYSE">UCB</a>) is projected to report quarterly earnings at $0.56 per share on revenue of $247.09 million. 
• Invesco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVZ#NYSE">IVZ</a>) is likely to report quarterly earnings at $0.38 per share on revenue of $1.11 billion. 
• Iridium Communications (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IRDM#NASDAQ">IRDM</a>) is estimated to report quarterly earnings at $0.28 per share on revenue of $211.78 million. 
• Hope Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOPE#NASDAQ">HOPE</a>) is expected to report quarterly earnings at $0.19 per share on revenue of $114.97 million. 
• Dime Community Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DCOM#NASDAQ">DCOM</a>) is expected to report quarterly earnings at $0.58 per share on revenue of $105.70 million. 
• Old National (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ONB#NASDAQ">ONB</a>) is estimated to report quarterly earnings at $0.43 per share on revenue of $478.24 million. 
<h3>Companies Reporting After The Bell</h3>
• SAP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAP#NYSE">SAP</a>) is expected to report quarterly earnings at $1.42 per share on revenue of $9.07 billion. 
• Capital One Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COF#NYSE">COF</a>) is projected to report quarterly earnings at $3.75 per share on revenue of $10.06 billion. 
• Chubb (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CB#NYSE">CB</a>) is estimated to report quarterly earnings at $3.22 per share on revenue of $11.22 billion. 
• Orrstown Financial Servs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORRF#NASDAQ">ORRF</a>) is estimated to report quarterly earnings at $0.93 per share on revenue of $54.62 million. 
• Pathward Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CASH#NASDAQ">CASH</a>) is expected to report quarterly earnings at $2.78 per share on revenue of $259.27 million. 
• First Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRBA#NASDAQ">FRBA</a>) is expected to report quarterly earnings at $0.39 per share on revenue of $32.78 million. 
• Renasant (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RNST#NYSE">RNST</a>) is expected to report quarterly earnings at $0.61 per share on revenue of $170.28 million. 
• Steel Dynamics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) is estimated to report quarterly earnings at $1.85 per share on revenue of $4.24 billion. 
• Intuitive Surgical (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISRG#NASDAQ">ISRG</a>) is estimated to report quarterly earnings at $1.73 per share on revenue of $2.19 billion. 
• EQT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQT#NYSE">EQT</a>) is likely to report quarterly earnings at $0.91 per share on revenue of $2.00 billion. 
• Packaging Corp of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PKG#NYSE">PKG</a>) is estimated to report quarterly earnings at $2.22 per share on revenue of $2.12 billion. 
• PennyMac Financial Servs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFSI#NYSE">PFSI</a>) is expected to report quarterly earnings at $2.82 per share on revenue of $517.92 million. 
• PennyMac Mortgage IT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PMT#NYSE">PMT</a>) is expected to report quarterly earnings at $0.39 per share on revenue of $92.33 million. 
• QCR Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCRH#NASDAQ">QCRH</a>) is expected to report quarterly earnings at $1.51 per share on revenue of $94.26 million. 
• Hanmi Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAFC#NASDAQ">HAFC</a>) is expected to report quarterly earnings at $0.57 per share on revenue of $63.43 million. 
• Monarch Casino &amp; Resort (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRI#NASDAQ">MCRI</a>) is likely to report quarterly earnings at $1.03 per share on revenue of $123.82 million. 
• Pegasystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>) is expected to report quarterly earnings at $0.50 per share on revenue of $357.20 million. 
• Baker Hughes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKR#NASDAQ">BKR</a>) is likely to report quarterly earnings at $0.48 per share on revenue of $6.52 billion. 
• Zurn Elkay Water Solns (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZWS#NYSE">ZWS</a>) is estimated to report quarterly earnings at $0.29 per share on revenue of $383.55 million. 
• Usana Health Sciences (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USNA#NYSE">USNA</a>) is expected to report quarterly earnings at $0.74 per share on revenue of $243.08 million. 
• Veritex Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VBTX#NASDAQ">VBTX</a>) is expected to report quarterly earnings at $0.51 per share on revenue of $110.68 million. 
• Enphase Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) is expected to report quarterly earnings at $0.76 per share on revenue of $361.15 million. 
• First Busey (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BUSE#NASDAQ">BUSE</a>) is expected to report quarterly earnings at $0.50 per share on revenue of $117.56 million. 
• West Fraser Timber (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFG#NYSE">WFG</a>) is expected to report quarterly earnings at $0.56 per share on revenue of $1.53 billion. 
• Weatherford International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WFRD#NASDAQ">WFRD</a>) is likely to report quarterly earnings at $0.89 per share on revenue of $1.21 billion. 
• Range Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RRC#NYSE">RRC</a>) is projected to report quarterly earnings at $0.89 per share on revenue of $803.02 million. 
• Agree Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADC#NYSE">ADC</a>) is expected to report quarterly earnings at $1.05 per share on revenue of $166.00 million. 
• National Bank Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NBHC#NYSE">NBHC</a>) is likely to report quarterly earnings at $0.75 per share on revenue of $107.47 million. 
• Brandywine Realty Tr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BDN#NYSE">BDN</a>) is projected to report quarterly earnings at $0.16 per share on revenue of $119.45 million. 
• MIND Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MIND#NASDAQ">MIND</a>) is expected to report quarterly earnings at $0.18 per share on revenue of $12.20 million. 
• Manhattan Associates (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MANH#NASDAQ">MANH</a>) is estimated to report quarterly earnings at $1.13 per share on revenue of $273.47 million. 
• Trustmark (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRMK#NASDAQ">TRMK</a>) is estimated to report quarterly earnings at $0.82 per share on revenue of $195.35 million. 
• Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) is estimated to report quarterly earnings at $0.46 per share on revenue of $22.46 billion. 
• East West Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EWBC#NASDAQ">EWBC</a>) is expected to report quarterly earnings at $2.06 per share on revenue of $652.47 million. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

BUSE

CASH

DCOM

streetTRACKS Dow Jones U.S. Large Cap Value Index Fund

EWBC

FRBA

HAFC

HOPE

IRDM

ISRG

MANH

MBWM

MCRI

MIND

MSCI

NBHC

NTRS

ORRF

PEBO

PEGA

PFSI

QCRH

RNST

STLD

TRMK

USNA

VBTX

WFRD

Earnings Scheduled For April 22, 2025

Three major U.S. defense contractors — RTX Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>), Northrop Grumman Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOC#NYSE">NOC</a>) and Lockheed Martin Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) — are all scheduled to report earnings before the market opens on Tuesday. Here's a look at what to <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/04/44810625/top-analyst-sees-unprecedented-traction-for-pltr-stock-after-nato-agreement-another-validation-sign">watch in the reports. </a>
What To Know: The Trump administration has signaled potentially historic defense spending, with reports suggesting a Pentagon budget near $1 trillion, which could benefit all three contractors. However, President Donald Trump has sent mixed messages by advocating for increased allied purchases of U.S. weapons while discussing the possibility of cutting U.S. military spending. 
The administration's push for efficiency, led by Elon Musk at the Department of Government Efficiency, introduces more uncertainty for defense contractors, as many major programs are under review. 
Read Next: <a href="https://www.benzinga.com/25/04/44903087/amazon-stock-downgraded-price-target-slashed-as-tariffs-create-uncertainty">Amazon Stock Downgraded, Price Target Slashed As Tariffs Create Uncertainty&nbsp;</a>
RTX: Investors will be looking for continued growth in RTX's Collins Aerospace and Pratt &amp; Whitney units, which both recently announced a slew of <a href="https://www.benzinga.com/news/contracts/25/04/44686376/rtx-pops-as-pratt-whitney-expands-gtf-capacity-collins-aerospace-enhances-offerings">new deals </a>and led 2024's gains.
The company's backlog will also be monitored for continued growth after reaching a record $218 billion at the end of 2024.&nbsp;
According to estimates from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, analysts expect the company to report earnings of $1.35 per share and revenue of $19.79 billion for the quarter.&nbsp;
NOC: Investors will be watching the performance of Northrop&#8217;s four main business segments: Aeronautics Systems, Defense Systems, Mission Systems and Space Systems, as well as updates on 2025 revenue and free cash flow guidance. 
Current expectations are for revenue between $42 billion and $42.5 billion and free cash flow of between $2.9 billion and $3.3 billion.&nbsp;
Earlier in April, Goldman Sachs analyst Noah Poponak upgraded Northrop Grumman stock from Sell to Neutral and raised the price target from $424 to $521. Analysts expect the company to report earnings of $6.26 per share on revenue of $9.94 billion, according to estimates from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>. 
LMT: Last week, Evan Scott <a href="https://www.benzinga.com/25/04/44867490/evan-scott-takes-over-as-lockheed-martin-cfo-succeeding-jesus-jay-malave">was named </a>as Lockheed Martin's CFO, succeeding Jesus Malave, effective immediately. In a press release, the company said it will be reaffirming its previously issued 2025 guidance and will provide updates on other key topics and answer questions with its first quarter earnings release. 
Investors will be watching the company's Aeronautics segment, driven by the F-35 program, which is expected to post solid sales. Analysts expect Lockheed Martin to report earnings of $6.34 per share on revenue of $17.8 billion for the first quarter. 
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/news/global/25/04/44899617/90-chance-of-recession-due-to-trumps-tariffs-sharp-slowdown-is-coming-economist-says">90% Chance Of Recession Due To Trump&#8217;s Tariffs: &#8216;Sharp Slowdown&#8217; Is Coming, Economist Says</a></li>
</ul>
Photo: <a href="https://www.shutterstock.com/g/MCMEDIASTUDIOPRO">MC MEDIASTUDIO</a> via Shutterstock

Previews

RTX, Lockheed Martin, Northrup Grumman Report Earnings Tuesday: What To Watch

RTX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) is preparing to release its quarterly earnings on Tuesday, 2025-04-22. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect RTX to report an earnings per share (EPS) of $1.36.
Anticipation surrounds RTX's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
<h3>Earnings History Snapshot</h3>
The company's EPS beat by $0.16 in the last quarter, leading to a 2.51% drop in the share price on the following day.
Here's a look at RTX's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q4 2024</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.38</td>
<td>1.34</td>
<td>1.29</td>
<td>1.23</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.54</td>
<td>1.45</td>
<td>1.41</td>
<td>1.34</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-3.0%</td>
<td>1.0%</td>
<td>0.0%</td>
<td>-0.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2025/1745251238_0.png" alt="eps graph" />
<h3>Performance of RTX Shares</h3>
Shares of RTX were trading at $128.89 as of April 18. Over the last 52-week period, shares are up 24.04%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<h3>Analysts' Perspectives on RTX</h3>
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on RTX.
RTX has received a total of 13 ratings from analysts, with the consensus rating as Outperform. With an average one-year price target of $147.92, the consensus suggests a potential 14.76% upside.
<h3>Peer Ratings Comparison</h3>
The analysis below examines the analyst ratings and average 1-year price targets of GE Aerospace, Lockheed Martin and Northrop Grumman, three significant industry players, providing valuable insights into their relative performance expectations and market positioning.
<ul>
<li>Analysts currently favor an Outperform trajectory for GE Aerospace, with an average 1-year price target of $221.7, suggesting a potential 72.01% upside.</li>
<li>Analysts currently favor an Neutral trajectory for Lockheed Martin, with an average 1-year price target of $508.83, suggesting a potential 294.78% upside.</li>
<li>Analysts currently favor an Outperform trajectory for Northrop Grumman, with an average 1-year price target of $572.3, suggesting a potential 344.02% upside.</li>
</ul>
<h3>Peer Metrics Summary</h3>
The peer analysis summary offers a detailed examination of key metrics for GE Aerospace, Lockheed Martin and Northrop Grumman, providing valuable insights into their respective standings within the industry and their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>RTX</td>
<td>Outperform</td>
<td>8.51%</td>
<td>$4.24B</td>
<td>2.44%</td>
</tr>
<tr>
<td>GE Aerospace</td>
<td>Outperform</td>
<td>14.33%</td>
<td>$4.05B</td>
<td>9.94%</td>
</tr>
<tr>
<td>Lockheed Martin</td>
<td>Neutral</td>
<td>-1.34%</td>
<td>$690M</td>
<td>7.79%</td>
</tr>
<tr>
<td>Northrop Grumman</td>
<td>Outperform</td>
<td>0.45%</td>
<td>$1.93B</td>
<td>8.42%</td>
</tr>
</tbody>
</table>

Key Takeaway:
RTX ranks at the top for Revenue Growth among its peers. In terms of Gross Profit, RTX is in the middle. For Return on Equity, RTX is at the bottom compared to its peers.
<h3>Delving into RTX's Background</h3>
RTX is an aerospace and defense manufacturer formed from the merger of United Technologies and Raytheon, with roughly equal exposure as a supplier to commercial aerospace and to the defense market across three segments: Collins Aerospace, a diversified aerospace supplier; Pratt &amp; Whitney, a commercial and military aircraft engine manufacturer; and Raytheon, a defense prime contractor providing a mix of missiles, missile defense systems, sensors, hardware, and communications technology to the military.
<h3>RTX's Economic Impact: An Analysis</h3>
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
Positive Revenue Trend: Examining RTX's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 8.51% as of 31 December, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: RTX's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 6.85% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): RTX's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 2.44%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): RTX's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.9%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: With a below-average debt-to-equity ratio of 0.71, RTX adopts a prudent financial strategy, indicating a balanced approach to debt management.
<a href="https://www.benzinga.com/quote/RTX/earnings">To track all earnings releases for RTX visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

What's Next: RTX's Earnings Preview

Elon Musk's SpaceX and Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) could play a crucial role in building U.S. President Donald Trump's Golden Dome missile defense system.
What Happened: In a report published by Reuters on Thursday, the news agency cites six people who are familiar with the matter saying the bid by Musk's SpaceX, Palantir, as well as drone manufacturing startup Anduril, emerged as ‘frontrunners' for the project.
However, the report also suggests that despite the ‘positive signals' to SpaceX, the decision process was still at a nascent stage. The companies met with officials in the Trump administration in the past few weeks to discuss the bid.
In the meetings, the companies have shared their plans for building anywhere between 400 to 1000 satellites, which will track global missile movements. There would also be a separate fleet of 200 ‘attack' satellites, the report said.
Sources cited in the report also suggest that SpaceX has offered its role in the operations as a subscription service, rather than the government owning the technology outright, though officials remain skeptical about the same.
According to the report, SpaceX is eyeing the ‘custody layer' of the operation, which involves satellites tracking missiles. Sources say SpaceX suggests it could cost anywhere between $6 billion to $10 billion to develop these satellites.
Musk's team isn't the only party involved, as there are many players eyeing up the contract. Officials in the report suggest the Pentagon has received interest from over 180 companies. The likes of Boeing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>), RTX Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>), Lockheed Martin Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>), and more are also expected to be a part of the process. Some experts anticipate that the system could cost hundreds of billions of dollars. 
Why It Matters: The news comes in as Palantir has experienced a surge in value after the company <a href="https://www.benzinga.com/government/regulations/25/04/44792590/palantir-stock-jumps-9-after-nato-adopts-ai-system-for-military-ops">successfully closed a deal</a> with the North Atlantic Treaty Organization (NATO) for its AI-driven software, which finds applications in key military operations.
Elsewhere, Musk's SpaceX continues to lead the private space exploration sector after it completed the Falcon 9 rocket's <a href="https://www.benzinga.com/general/space/25/04/44806935/spacex-launches-27th-falcon-9-rocket-from-florida-adds-27-starlink-satellites-to-orbit">27th launch and landing </a>operation from Florida's Cape Canaveral Space Force Station. Musk&#8217;s company has received <a href="https://www.benzinga.com/25/04/44655959/elon-musks-spacex-jeff-bezos-blue-origin-and-boeing-lockheeds-ula-bag-13-5-billion-pentagon-launch-contracts">over $5.9 billion worth</a> of contracts from the U.S. Space Force
The company also deployed 27 additional Starlink satellites to its constellation, bringing the total number of low Earth orbit satellites to well over 7,000. Starlink is now available in over 100 countries across the globe.
However, Musk's DOGE finds itself amid <a href="https://www.benzinga.com/25/04/44859945/whistleblower-alleges-doge-involved-in-major-cybersecurity-breach-at-us-labor-agency">a new controversy </a>as a whistleblower alleges that the department was given wide-ranging access to the sensitive data of the U.S. government's National Labor Relations Board (NLRB).
Price Action: PLTR is currently trading for $92.71 on the NASDAQ, having experienced a 23.30% YTD increase in value, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/04/44859234/vladimir-putin-hails-elon-musk-comparing-him-to-soviet-space-program-pioneer-such-people-rarely-appear-in-the-human-population">Vladimir Putin Hails Elon Musk, Compares Him To Soviet Space Program Pioneer: &#8216;Such People Rarely Appear In The Human Population&#8217;</a></li>
</ul>
Image Via Shutterstock

SPACE

Contracts

Politics

Tech

PLTR

SpaceX, Palantir 'Frontrunners' In Bid To Build Donald Trump's Golden Dome: Report

Wells Fargo analyst Matthew Akers maintains RTX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) with a Overweight and raises the price target from $136 to $144.

Wells Fargo Maintains Overweight on RTX, Raises Price Target to $144

Wedbush analyst Daniel Ives reiterated confidence in Palantir Technologies Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) growth prospects after the software firm disclosed a deal with the North Atlantic Treaty Organization amid its growing &#8220;federal and commercial&#8221; portfolio.
What Happened: Ives said in a X post that Palantir remains one of Wedbush's "top names,&#8221; and the firm&#8217;s deal with NATO presents an opportunity for the software maker to &#8220;capitalize on.&#8221;
He highlighted that the deal was "another validation sign" for the PLTR as it continues "to generate unprecedented traction for its entire portfolio across both federal and commercial."
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Palantir remains one of our top names to own and this NATO deal represents another major win and opportunity for PLTR to capitalize on..while continuing to generate unprecedented traction for its entire portfolio across both federal and commercial. Another validation sign &#x1f3c6;&#x1f402;
&mdash; Dan Ives (@DivesTech) <a href="https://twitter.com/DivesTech/status/1912058120664129718?ref_src=twsrc%5Etfw">April 15, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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Meanwhile, Tom Nash, the co-founder of Stock MVP, said in a post, "People who still bet against $PLTR in 2025, should not be investing."
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">People who still bet against <a href="https://twitter.com/search?q=%24PLTR&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PLTR</a> in 2025, should not be investing
&mdash; Tom Nash (@iamtomnash) <a href="https://twitter.com/iamtomnash/status/1911834664589017553?ref_src=twsrc%5Etfw">April 14, 2025</a></blockquote>
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</figure>
Ives reshared Shay Boloor's post, a podcast host at Stockwits, who pointed out that the defense sector was "evolving" after the NATO and PLTR deal, which also uplifted all the defense stocks. However, the stocks were lower in premarket on Tuesday.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Another clear sign that defense is evolving &#8212; not around jets, tanks, or missiles, but software. And not just any software. <a href="https://twitter.com/search?q=%24PLTR&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PLTR</a> software. In just 6 months, NATO went from outlining a need to deploying a fully OS. Great to see Europe take ownership of their defense.
&mdash; Shay Boloor (@StockSavvyShay) <a href="https://twitter.com/StockSavvyShay/status/1912065104776204577?ref_src=twsrc%5Etfw">April 15, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>U.S. Defense Stocks</td>
<td>Tuesday&#8217;s Premarket</td>
<td>Monday&#8217;s Performance</td>
<td>YTD Performance</td>
</tr>
<tr>
<td>Palantir Technologies Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>)</td>
<td>1.18%</td>
<td>4.60%</td>
<td>23.81%</td>
</tr>
<tr>
<td>General Dynamics Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GD#NYSE">GD</a>)</td>
<td>0.44%</td>
<td>0.77%</td>
<td>6.81%</td>
</tr>
<tr>
<td>Northrop Grumman Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOC#NYSE">NOC</a>)</td>
<td>-0.01%</td>
<td>0.34%</td>
<td>14.49%</td>
</tr>
<tr>
<td>Lockheed Martin Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>)</td>
<td>-0.07%</td>
<td>0.09%</td>
<td>-1.43%</td>
</tr>
<tr>
<td>Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>)</td>
<td>-3.13%</td>
<td>1.56%</td>
<td>-7.33%</td>
</tr>
<tr>
<td>RTX Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>)</td>
<td>-0.18%</td>
<td>0.69%</td>
<td>11.32%</td>
</tr>
<tr>
<td>General Electric Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>)</td>
<td>-0.54%</td>
<td>2.38%</td>
<td>10.33%</td>
</tr>
<tr>
<td>TransDigm Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDG#NYSE">TDG</a>)</td>
<td>-0.23%</td>
<td>1.83%</td>
<td>6.62%</td>
</tr>
<tr>
<td>Howmet Aerospace Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HWM#NYSE">HWM</a>)</td>
<td>-1.93%</td>
<td>1.42%</td>
<td>15.05%</td>
</tr>
<tr>
<td>Axon Enterprise Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXON#NASDAQ">AXON</a>)</td>
<td>-0.32%</td>
<td>1.21%</td>
<td>-3.63%</td>
</tr>
<tr>
<td>L3Harris Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LHX#NYSE">LHX</a>)</td>
<td>-0.42%</td>
<td>0.30%</td>
<td>7.39%</td>
</tr>
</tbody>
</table>
</figure>
See Also: <a href="https://www.benzinga.com/government/regulations/25/04/44807265/cathie-wood-says-shock-therapy-from-trumps-trade-moves-may-end-prolonged-economic-slump">Cathie Wood Says &#8216;Shock Therapy&#8217; From Trump&#8217;s Trade Moves May End Prolonged Economic Slump</a>
Why It Matters: On Monday, NATO and Palantir announced the <a href="https://www.benzinga.com/government/regulations/25/04/44792590/palantir-stock-jumps-9-after-nato-adopts-ai-system-for-military-ops">completion of NATO&#8217;s acquisition</a> of the Palantir Maven Smart System NATO (MSS NATO) for deployment within Allied Command Operations (ACO). The deal was made on March 25. However, the financial terms were not disclosed.
MSS NATO equips military commanders and warfighters with a secure artificial intelligence-powered platform for core operations. It enhances intelligence fusion, targeting, battlespace awareness, and planning, enabling faster decision-making through diverse AI applications.
The Supreme Headquarters Allied Powers Europe (SHAPE) intends to leverage MSS NATO to accelerate the adoption of other advanced technologies developed across NATO, signifying a strong North American and European tech partnership.
The U.S. military already utilizes Palantir&#8217;s Maven technology, a system that was further supported by a $99.8 million five-year contract awarded last September.
Price Action: PLTR rose 1.18% in premarket to $93.71 apiece, whereas Invesco QQQ Trust, Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), the exchange-traded fund tracking the Nasdaq 100 index, was up 0.16% to $458.22.
Benzinga Edge Stock Rankings indicate that PLTR has a weaker price trend over the short term, while it has stayed strong over the medium and long term. Its momentum ranking was solid at the 99.25th percentile, whereas its growth and value rankings were mixed; more details on the fundamentals are <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">available here</a>. 
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/report/PLTR"><img loading="lazy" decoding="async" width="987" height="142" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/15073959/PLTR-EDGE-E.png" alt="" class="wp-image-872006" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/15073959/PLTR-EDGE-E.png 987w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/15073959/PLTR-EDGE-E-300x43.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/15073959/PLTR-EDGE-E-768x110.png 768w" sizes="(max-width: 987px) 100vw, 987px" /></a></figure>
<a href="https://www.benzinga.com/quote/PLTR/analyst-ratings">Benzinga&#8217;s analysis of 25 analysts</a> shows a consensus &#8220;sell&#8221; rating for the stock, with an average price target of $69.98, ranging from $7.5 to $125. Recent ratings from DA Davidson, Loop Capital, and William Blair average $103, suggesting a 10.2% potential upside.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/quote/PLTR/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="395" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/15074017/PLTR-new-new-april-15-anr-1024x395.png" alt="" class="wp-image-872008" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/15074017/PLTR-new-new-april-15-anr-1024x395.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/15074017/PLTR-new-new-april-15-anr-300x116.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/15074017/PLTR-new-new-april-15-anr-768x297.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/15074017/PLTR-new-new-april-15-anr.png 1137w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/04/44808935/charles-schwab-tells-investors-to-prioritize-low-volatility-high-quality-investments-amid-century-high-tariff-turmoil">Charles Schwab Tells Investors To Prioritize &#8216;Low Volatility, High Quality&#8217; Investments Amid Century-High Tariff Turmoil</a></li>
</ul>
Image Via Shutterstock

Analyst Color

AXON

Top Analyst Sees 'Unprecedented Traction' For PLTR Stock After NATO Agreement: 'Another Validation Sign'

Despite <a href="https://www.benzinga.com/markets/25/04/44756353/xi-jinping-says-there-are-no-winners-in-tariff-war-as-china-slaps-125-tariffs-on-us-goods-urges-trump-to-immediately-correct-wrongdoings">growing concerns about renewed trade</a> tensions between Washington and Beijing, one analyst says the drama may be more performative than policy-driven.
What Happened: Marko Papic, chief strategist at BCA Research, downplayed the long-term impact of escalating U.S.-China tariff rhetoric, suggesting that the latest threats may be largely symbolic and unlikely to result in sustained economic disruption.
"As the kids would say — just for the LOLz," Papic said in an interview with CNBC on Friday, referencing what he sees as political posturing from both sides.
His comments come after China's finance ministry accused the U.S. of "bullying" and warned that aggressive tariff policies could make America look like a "joke" on the global stage.
Papic acknowledged that markets are reacting to fears of a policy-induced slowdown, particularly in sectors like commodities, but said those concerns may be exaggerated. "It's not like this is a great financial crisis," he noted.
He's also not convinced that these trade policies— tariffs and bringing manufacturing back—will actually work or happen as planned. "When was the last time any U.S. policymaker actually referred to them [tariffs] as revenue raisers?"
See Also: <a href="https://www.benzinga.com/25/04/44667862/oil-crashes-to-60-per-barrel-as-recession-fears-grow" target="_blank" rel="noreferrer noopener">Oil Crashes To $60 Per Barrel As Global Recession Fears Grow&nbsp;</a>
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<iframe loading="lazy" title="Commodity market will look through further tariff pain, says BCA&#039;s Marko Papic" width="500" height="281" src="https://www.youtube.com/embed/GkBg_irvOrk?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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</figure>
Why It Matters: On Friday, Xi Jinping sharply raised tariffs on U.S. goods from 84% to a record 125%. This came after President Donald Trump hiked tariffs on Thursday, pushing the cost of Chinese imports to at least 145%. This jump results from a new 125% retaliatory tariff layered on top of <a href="https://www.benzinga.com/25/04/44757476/asia-mixed-europe-slides-as-china-tariff-hike-escalates-tensions-gold-soars-dollar-hits-two-year-low-global-markets-today-while-us-slept">existing 20% duties</a>.
While these measures respond to Trump's tariffs, China itself isn't shielded from the fallout. Goldman Sachs has lowered its <a href="https://www.benzinga.com/government/regulations/25/04/44740040/chinas-growth-outlook-dims-as-trumps-125-tariffs-put-millions-of-jobs-at-risk-goldman-warns">growth forecast for the country</a> and warned that up to 20 million export-related jobs could be at risk. The investment bank, however, attributed this outlook not only to U.S. tariffs but also to broader global economic uncertainty.
A <a href="https://www.benzinga.com/news/global/25/04/44762211/10-companies-with-exposure-to-trumps-china-tariff-war-ford-tesla-apple-disney-and-more">Strategy Risks report has identified</a> major U.S. public companies most overexposed to China, evaluating them across categories like Business Fundamentals, Partnerships and Politics, Regional Issues, Supply Chain, and Capacity.
Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) topped the list, scoring high across all areas, especially in Regional Issues tied to human rights concerns and Supply Chain vulnerabilities.
Carrier Global Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CARR#NYSE">CARR</a>) leads China's commercial HVAC market with extensive operations, while Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) relies <a href="https://www.benzinga.com/25/04/44706383/apple-airlifts-iphones-from-india-and-china-in-72-hour-race-to-beat-trumps-tariffs-as-stock-sinks-amid-us-china-trade-panic">heavily on Chinese manufacturing</a> for most of its products, placing it squarely in the crosshairs of ongoing trade tensions.
Tesla Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) U.S. energy division risks soaring costs from tariffs on Chinese battery cells, potentially doubling Powerwall and Megapack production expenses. Coca-Cola (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>) is facing cost pressures from tariffs on key ingredients like sucralose, which may impact profitability.
Cummins, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMI#NYSE">CMI</a>) maintains deep ties to China through joint ventures and clean energy initiatives. RTX Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>), with thousands of Chinese suppliers, has admitted that decoupling is unfeasible.
Honeywell (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HON#NASDAQ">HON</a>) has begun adding surcharges due to tariff-related supply disruptions. Walt Disney Co.'s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) CEO has raised alarms about the broader impact of tariffs, and Caterpillar, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>) is confronting shrinking competitiveness as Chinese buyers turn to alternative suppliers.
Ford boasts a solid growth score of 78.49%, according to Benzinga Edge Stock Rankings. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here to see how it stacks up against</a> Apple, Tesla, Disney, and other major companies.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/quote/F"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/11231023/Screenshot-2025-04-12-at-8.40.16%E2%80%AFAM.png" alt="" class="wp-image-868750" /></a></figure>
Read Next:
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<li><a href="https://www.benzinga.com/25/04/44695907/elon-musk-calls-trump-trade-advisor-peter-navarro-dumber-than-sack-of-bricks-defends-tesla-as-the-most-american-made-cars" target="_blank" rel="noreferrer noopener">Elon Musk Calls Trump Trade Advisor Peter Navarro ‘Dumber Than Sack Of Bricks,' Defends Tesla As ‘Most American-Made Cars'&nbsp;</a></li>
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Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

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Trump And Xi Jinping's Tariff Threats May Be 'Just For The LOLz,' Says Analyst: 'It's Not Like This Is A Great Financial Crisis'

President Donald Trump raised tariffs on Thursday, increasing the price of Chinese imports to a minimum of 145%. The move combines a 125% reciprocal tariff increase with <a href="https://www.benzinga.com/25/04/44757476/asia-mixed-europe-slides-as-china-tariff-hike-escalates-tensions-gold-soars-dollar-hits-two-year-low-global-markets-today-while-us-slept">pre-existing 20% duties</a>. 
The trade war shows no signs of slowing down as China responded on Friday morning with a retaliatory tariff now standing at 125% <a href="https://www.benzinga.com/markets/25/04/44756353/xi-jinping-says-there-are-no-winners-in-tariff-war-as-china-slaps-125-tariffs-on-us-goods-urges-trump-to-immediately-correct-wrongdoings">on U.S. imports. </a>
Here's a look at which companies are most exposed to China and could be impacted by the ongoing trade war. 
A recent <a href="https://strategyrisks.com/data-products/">report</a> from Strategy Risks ranks the largest publicly traded American companies with overexposure to China based on the following criteria: Business Fundamentals, Partnerships and politics, Regional Issues, Supply Chain, and Capacity. 
Read Next: <a href="https://www.benzinga.com/25/04/44695907/elon-musk-calls-trump-trade-advisor-peter-navarro-dumber-than-sack-of-bricks-defends-tesla-as-the-most-american-made-cars">Elon Musk Calls Trump Trade Advisor Peter Navarro &#8216;Dumber Than Sack Of Bricks,&#8217; Defends Tesla As &#8216;Most American-Made Cars&#8217;&nbsp;</a>
<ul>
<li>Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) ranked in the top position as most overexposed to China with high scores in all criteria, especially Regional Issues (linked to human rights abuses and forced labor practices) and Supply Chain.&nbsp;</li>
</ul>
<ul start="2">
<li>Carrier Global Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CARR#NYSE">CARR</a>) dominates China's commercial HVAC sector and operates 11 manufacturing sites, 5 R&amp;D centers and over 300 sales/service branches in the country.&nbsp;</li>
</ul>
<ul start="3">
<li>Apple, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) produces 90% of iPhones, 70% to 80% of iPads and 50% of Mac products in China, according to Wedbush. Tech analyst Dan Ives<a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/04/44670176/nvidia-apple-top-names-to-own-cybersecurity-stocks-to-outperform-tech-analyst-dan-ives-says"> recently said</a> Apple &#8220;is in the eye of this storm," referring to the trade war with China. </li>
</ul>
<ul start="4">
<li>Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) U.S. energy business faces existential risks due to tariffs on Chinese battery cells which could double production costs for Powerwalls and Megapacks, <a href="https://electrek.co/2025/04/09/tesla-tsla-surges-trump-bigger-tariffs-on-china-destroy-energy-business/">according</a> to Electrek.&nbsp;</li>
</ul>
<ul start="5">
<li>Coca-Cola Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>) faces rising costs due to tariffs on critical raw materials like sucralose, sourced from U.S. and Chinese suppliers. The company noted in its 2024 annual report that tariffs could reduce profitability if price hikes fail to offset higher costs.&nbsp;</li>
</ul>
<ul start="6">
<li>Cummins, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMI#NYSE">CMI</a>) has a significant presence in China through strategic investments, joint ventures and innovation initiatives, particularly in clean energy and engine manufacturing.&nbsp;</li>
</ul>
<ul start="7">
<li>RTX Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) said in 2023 that decoupling its supply chains from China was unrealistic. Former CEO Gregory Hayes said RTX had "several thousand" Chinese suppliers, and told the Financial Times that, "we are not in a position to pull out of China the way we did out of Russia."&nbsp;</li>
</ul>
<ul start="8">
<li>Honeywell International Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HON#NASDAQ">HON</a>) faces significant supply chain disruptions due to its large presence in China and heavy reliance on imported components. In March, following the initial tariff increases, Honeywell implemented a 6.4% tariff surcharge on Building Management System (BMS) products, and more surcharges are likely to follow as the trade war escalates. </li>
</ul>
<ul start="9">
<li>Walt Disney Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) CEO Bob Iger has expressed significant concerns about the impact of U.S. tariffs on Chinese imports, warning of broader economic consequences and specific challenges for Disney's operations. </li>
</ul>
<ul start="10">
<li>Caterpillar, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>) faces significant challenges due to the escalating trade tensions, which have eroded the company's competitiveness in China. This is prompting buyers to seek alternative suppliers and forcing Caterpillar to reassess export strategies. </li>
</ul>
Read Next:&nbsp;
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Image: Shutterstock

10 Companies With Exposure To Trump's China Tariff War: Ford, Tesla, Apple, Disney And More

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