RTX Corp (RTX) Stock News

ASUS announced the availability of ProArt P16 and P14 laptops in Canada, powered by NVIDIA RTX Spark with up to 128GB unified memory and 1 petaflop of FP4 AI performance. The laptops are designed for creators and AI developers to run local AI workloads without cloud token charges. ASUS partnered with ComfyUI and Nous Research's Hermes Agent to provide accessible AI workflow tools. Pricing starts at C$3,499 for the P14 and C$4,999 for the P16, with shipping beginning October 16, 2026.

Vertex Pharmaceuticals (VRTX) closed at $508.75, up 2.06%, outperforming the S&P 500's 0.33% gain. However, the stock has declined 2.88% over the past month. The company is scheduled to report earnings on November 2, 2026, with projected EPS of $4.84 (up 0.83% YoY) and quarterly revenue of $3.4 billion (up 10.49% YoY). Despite positive revenue growth expectations, the stock holds a Zacks Rank of #3 (Hold) with a Forward P/E of 26.52, trading at a premium to its industry average.

Remittix has announced a November 24, 2026 launch date for its RTX token, with over 40,000 presale participants and $32 million raised toward a $36 million hard cap. The PayFi platform is undergoing testing with 1,000 invited holders. Meanwhile, Interactive Brokers has launched Ethereum staking for eligible clients, and Cardano recorded its busiest five-day transaction period, supporting bullish price predictions for both cryptocurrencies.

RTX closed down 1.95% on October 13, 2026, underperforming the S&P 500's 0.02% loss. The aerospace and defense company has declined 4.44% over the past month while outperforming its sector's 6.85% loss. RTX is scheduled to report earnings on October 20, 2026, with projected EPS of $1.75 (up 2.94% YoY) and revenue of $23.84 billion (up 6.06% YoY). The stock holds a Zacks Rank #2 (Buy) rating but trades at a premium valuation with a Forward P/E of 25.85 versus the industry average of 21.16.

Remittix has confirmed November 24, 2026 as the launch date for its RTX token, with presale having raised over $32 million. The platform is opening PayFi testing to 1,000 holders and plans to launch a connected crypto-finance ecosystem including payments, trading, and earning services. The announcement coincides with Ethereum price predictions targeting $12,000 and Cardano's tokenized-equity initiatives.

RTX closed down 1.65% on October 7, 2026, underperforming the S&P 500's 0.22% decline. The aerospace and defense stock has fallen 7.81% over the past month. Analysts expect RTX to report Q3 earnings of $1.75 per share (2.94% YoY growth) and revenue of $23.84 billion (6.06% growth) on October 20, 2026. For the full year, consensus estimates project $7.22 EPS and $96.06 billion revenue. RTX currently holds a Zacks Rank #3 (Hold) with a Forward P/E of 25.4, trading at a premium to its industry average.

ASUS announced the launch of ProArt P16 and P14 laptops powered by NVIDIA's RTX Spark Superchip, featuring up to 128GB unified memory and 1 petaflop AI performance. The systems are designed for creators and AI developers, offering local AI processing without cloud dependency. Pre-orders began October 7, 2026, with prices starting at $2,599.99. ASUS partnered with ComfyUI and Nous Research's Hermes Agent to provide an integrated AI workflow ecosystem.

HP announced the first public demonstration of Windows running on the HP ZGX Fury powered by NVIDIA GB300 Grace Blackwell Ultra Desktop Superchip, alongside pricing and availability for RTX Spark-powered OmniBook consumer PCs starting October 16, 2026. The company also introduced Perplexity-powered AI experiences on select consumer devices, expanding its local AI computing capabilities across workstations and consumer platforms.

ASUS announced the launch of ProArt P16 and P14 laptops and ProArt GR1X mini PC powered by NVIDIA RTX Spark, featuring up to 128GB unified memory and 1 petaflop AI performance. The systems are designed for creators and AI developers with local AI capabilities, partnerships with ComfyUI and Nous Research's Hermes Agent, and exclusive ASUS generative AI applications. Pre-orders begin October 7, 2026, with shipping starting October 16.

Zacks.com released analyst research reports on five stocks on October 6, 2026. Texas Instruments and Marvell Technology showed strong outperformance driven by demand in industrial, data center, and AI sectors. RTX benefited from aerospace recovery and defense demand. Air T showed improvement in aviation services, while GSI Technology faced headwinds in commercialization despite potential in AI processing applications.

Remittix has confirmed November 24, 2026 as its RTX token launch date after raising over $32 million in presale funding. The PayFi platform is testing crypto-to-bank payments with 1,000 selected users. BNB is being analyzed for potential movement toward $1,000, while Hedera has contributed its Cross-Ledger Protocol (CLPR) to the Linux Foundation Decentralized Trust.

Remittix has scheduled its RTX token launch for November 24, 2026, after raising over $32 million in presale funding. Concurrently, Cardano and Petrobras are advancing blockchain applications for sustainable fuel traceability, while NEAR Intents demonstrated its SHIELD risk system by blocking most of a $50 million attack attempt following the Bitget hack.

Vertex Pharmaceuticals stock declined 3.07% to $506.74 on October 1, 2026, underperforming the broader market gains. Despite positive earnings forecasts with expected EPS growth of 1.25% and revenue growth of 10.43% for the upcoming quarter, the stock has fallen 6.1% over the past month. The company holds a Zacks Rank of #3 (Hold) with a Forward P/E ratio of 27.73, trading at a premium to its industry average.

The Aerospace-Defense industry benefits from rising geopolitical tensions, higher military spending, and continued air-travel demand, though supply-chain constraints and labor shortages remain headwinds. GE Aerospace, RTX Corp., and Howmet Aerospace are highlighted as leading companies poised for growth, with all three carrying Zacks Rank #2 (Buy) ratings. However, the industry overall ranks #179 among 247 Zacks industries and has underperformed the S&P 500 by 31.2% over the past year.

Pentagon awards RTX's Raytheon $20.7 billion contract for AMRAAM missiles amid stockpile concerns  Reuters

RTX's $289 billion backlog is expected to grow significantly, potentially reaching $460.5 billion by 2028. CEO Chris Calio highlighted strong demand across commercial aerospace and defense markets, including a $22.9 billion Tomahawk cruise missile order and five framework agreements with the Department of Defense that could increase volumes 2-4x. With 45% of RPO tied to long-term maintenance contracts and lower execution risk compared to competitors, RTX is well-positioned for sustained revenue growth.

RTX Corporation is expanding its commercial aerospace aftermarket opportunity through Pratt & Whitney's growing Geared Turbofan (GTF) engine support network, which now spans 21 facilities worldwide. The GTF family powers over 2,600 aircraft across multiple platforms, creating recurring maintenance and repair opportunities. In 2025, the GTF Advantage engine received certification for the Airbus A320neo family, designed to offer higher thrust and improved fuel efficiency. Pratt & Whitney's sales grew to $32.9 billion in 2025, with operating profit reaching $2.6 billion.

In a comparison of two Aerospace-Defense stocks, Embraer (EMBJ) and RTX are both rated as Zacks Rank #2 (Buy) with positive earnings outlooks. However, based on valuation metrics, Embraer emerges as the superior value option, featuring a lower forward P/E ratio of 23.62 versus RTX's 27.82, a better PEG ratio of 1.59 compared to 2.59, and a lower P/B ratio of 3.41 versus 3.97. Embraer received a Value grade of B while RTX received a C.

Vertex Pharmaceuticals reported Q2 2026 earnings that missed EPS estimates ($4.73 vs $4.79 consensus) but beat revenue expectations ($3.33B vs $3.23B consensus). The company raised full-year 2026 revenue guidance to $13.10-$13.20B. However, analyst estimates have trended downward over the past month despite the stock gaining 14.4%. The company received a Zacks Rank #3 (Hold) rating with a VGM Score of D, suggesting in-line returns ahead.

ASUS announced new ProArt P16 and P14 laptops and GR1X mini PC powered by NVIDIA RTX Spark, featuring up to 128GB unified memory and designed for AI-powered creators and developers. The devices support local AI capabilities including 120B-parameter LLMs and 4K AI video generation, with exclusive ASUS applications like MuseTree and StoryCube for agentic AI workflows. The company also showcased Zenbook 14 and ExpertBook Ultra models at its IFA 2026 Media Showroom in Berlin.

RTX reported a $289 billion backlog with 22% year-over-year growth, driven by strong commercial aerospace (60%) and defense (40%) orders. The company posted 14% revenue growth to $24.7 billion in Q2 and recently secured a $22.9 billion seven-year Tomahawk cruise missile contract, supporting guidance of $95-96 billion in annual sales.

Escalating U.S.-Iran tensions in the Middle East, including strikes on Iranian rocket launchers and retaliatory attacks, are creating investment opportunities in the defense sector. Major defense contractors like Lockheed Martin, RTX, and Northrop Grumman are positioned to benefit from increased demand for military equipment and multi-billion-dollar procurement contracts. Defense ETFs offer diversified exposure to the industry as an alternative to individual stock investments.

XORTX Therapeutics has terminated its US$2.5 million investor relations and marketing agreement with IR Agency LLC effective August 7, 2026, with all funds returned to the company. The decision was made to postpone the IR program during the company's voluntary delisting from the TSX Venture Exchange, expected to take effect September 1, 2026. The company aims to reduce regulatory complexity and focus resources on clinical development. Additionally, XORTX disclosed previously omitted finder's fees of US$240,000 related to its April 2026 acquisition of Vectus Biosystems' Renal Anti-Fibrotic Therapeutic Program.

RTX's growing $289 billion backlog, driven by surging orders in both commercial aerospace and defense sectors, is a key indicator of future revenue and earnings growth. The backlog provides earnings visibility, de-risks the business from economic weakness, and drives long-term growth through profitable aftermarket services and recurring revenue. Management projects 2026 adjusted sales of $95-96 billion, with backlog growth dependent on orders exceeding sales growth.

Lockheed Martin, RTX lift 2026 forecasts as Pentagon looks to restock weapons  Reuters

The article compares two major defense contractors: Lockheed Martin, which relies heavily on the F-35 program and U.S. government contracts (72% of sales), and RTX, which offers more diversification through commercial and military aerospace segments. Lockheed Martin is recommended as the better buy due to lower valuation multiples (forward P/E of 17x vs. RTX's 26.7x) and guaranteed long-term revenue from the F-35 program extending into the 2040s, despite RTX showing faster expected growth and lower debt levels.

XORTX Therapeutics Inc. has elected to voluntarily delist its common shares from the TSX Venture Exchange (TSXV) to reduce costs and administrative burden. The company will maintain its listings on Nasdaq and Frankfurt. The delisting is expected to eliminate duplicative exchange fees, reduce legal and accounting expenses, and allow management to focus on advancing its XRx-026 gout treatment program. Canadian shareholders will retain full trading access on Nasdaq.

SpaceX's upcoming IPO values the company at $1.77 trillion, exceeding the combined valuation of all 12 S&P 500 aerospace and defense companies (~$1.5 trillion), despite generating only $18.7 billion in revenue compared to their $500 billion combined. While analysts like Gene Munster and Ron Baron express bullish sentiment with predictions of $30 trillion future value, critics including NYU's Aswath Damodaran raise concerns about valuation and market opportunity estimates.

Nvidia unveiled the RTX Spark, a superchip combining Blackwell RTX graphics, Arm CPU cores, and an NPU for personal computers, marking the company's entry into the PC market. The chip delivers petaflop AI computing power and unified memory for local AI applications. Analysts view this as part of Nvidia's broader strategy to dominate AI across all layers—data centers, edge, PCs, and IoT—with strong revenue growth expected and price targets reaching $500 within 12 months.

ASUS unveiled its new ProArt P16 and P14 laptops along with a ProArt Mini PC powered by NVIDIA's RTX Spark superchip at Computex 2026. These devices are designed for AI creators and developers, featuring up to 1 petaflop of AI performance, 128GB unified memory, and ASUS Lumina Pro OLED displays. The ecosystem integrates exclusive AI tools and partnerships with Adobe, Blackmagic Design, and Blender. Availability begins fall 2026.