Honeywell stock price forecast for Q3 2024 suggests moderate upside, with consensus analyst targets around $215–$220, driven by stable aerospace segment revenue and improved automation sales. For the next fiscal year, the consensus earnings estimate of $10.85 indicates a change of +8.7% from what Honeywell International Inc. is expected to report a year ago. Over the past month, the estimate has changed -0.1%. On that note, Honeywell currently earns a valuation score of 2 out of 6, meaning the stock is only considered undervalued in two of the standard checks analysts use. But as you will see, there is more to valuation than just ticking boxes. Let’s break down exactly how the experts are looking at Honeywell, and do not miss the final section, where I share a perspective that goes beyond these usual metrics. With aerospace demand recovering and Honeywell securing new contracts, investment banks have upgraded Honeywell stock price forecast by 3–5%, citing cash flow strength.
