Honeywell (HON)
NASDAQIndustrialsConglomeratesSnapshot 2026-07-07
$225.05-2.65%
Close 2026-07-07 · 1-day change
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Track HON free→Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Industrial Conglomerates is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
The reason to own it still holds.
View ThesisRevenue growth is slowing — up about 6% over the past year and decelerating.
View GrowthRanks among the strongest in its industry on quality — around the top 19%.
View QualityManagement screens strong on capital allocation, margins.
View ManagementExpectations look high — what the market is pricing in runs ahead of what analysts forecast.
View ValuationModerate volatility — typically moves about 1% a day.
View RiskHoneywell's growth depends on maintaining 3%-6% organic revenue growth in 2026. The company recently beat earnings expectations with a 5.6% surprise and 2% year-over-year revenue growth. It trades at 27× P/E, below the peer median of 32×. The market is pricing in more growth than Honeywell forecasts, indicating expectations look full. If Honeywell cuts guidance, it could negatively impact the stock. Peer multiples imply a price about 17% below where it trades. This read is provisional.
Trailing returns as of 2026-07-07. HON is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 24 analysts currently covering HON (as of Jul 2026).
Based on 8 Wall Street analysts offering 12-month price targets for HON in the last 4 months.
A consensus fair price across 13 valuation methods, at three horizons. Current price $225.05. As of 2026-07-08. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Industrial Conglomerates — fair value, gap to price, and forward P/E.
Threatens: Optimize portfolio with divestitures and acquisitions
Deal engine issues may hinder portfolio optimization efforts.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-07-07. EPS is implied from price ÷ P/E. Not investment advice.
Current $225.05
The last 12 months of price, then the range of analyst 12-month targets from today’s $225.05.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Bottom 25% on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Restructuring may support growth objectives and investor confidence.
Advances: Complete spin-off of Aerospace Technologies by Q3 2026
Spin-off talks align with management's growth objectives.
Advances: Complete spin-off of Aerospace Technologies by Q3 2026
Post-spin structure enhances growth potential in automation.
Advances: Maintain and grow revenue with 3%-6% organic growth in 2026
Forecasted growth in business aviation supports revenue goals.
Advances: Complete spin-off of Aerospace Technologies by Q3 2026
Strong debut confirms successful spin-off of Aerospace Technologies.
Advances: Complete spin-off of Aerospace Technologies by Q3 2026
CEO prioritizing supply-base investment supports growth post-spin-off.
Advances: Sustain free cash flow growth of 4%-10% in 2026
Investment in supply base supports free cash flow growth.
