Raytheon Technologies AI Price Prediction

Financial Performance

Raytheon Technologies' last quarter reported revenue of $20.3B, a decrease of -6.1% from the previous quarter. Gross profit was also down by -2.8%, standing at $4.1B, while operating income profit decreased by -3.6% to $2B. The EBITDA ratio for the last quarter was 0.18, indicating a decent level of profitability.

Stock Price & Technical Indicators

The stock is currently trading at $174.86, showing an increase of 11.4% in the last month and a significant increase of 45.6% YoY which shows good growth potential for investors.The stock's RSI value is currently at 57.39 which indicates that it is neither overbought nor oversold and its current price is well above its 200-day moving average ($144), suggesting an ongoing uptrend.

Alternative Data Signals

Website traffic has increased significantly both MoM (21%) and YoY (28%), indicating growing interest in the company or its products/services.Job postings have seen a substantial increase as well, up by 27% MoM and more than doubling YoY (+81%). This may suggest expansion plans or high demand for their services/products.Around sixty percent of employees report having a positive business outlook, which can be seen as an internal vote of confidence in the future prospects of the company.Social media followers have shown mixed trends with Twitter followers decreasing drastically but Instagram followers increasing massively over the past three months.

Conclusion

The analysis suggests that Raytheon Technologies' stock performance can be considered bullish due to strong growth in share price and positive alternative data signals, despite some mixed financial results in the last quarter.