Honeywell International Inc. (HON) Price Target Analysis

Updated Jun 18, 2026

Analyst Rating: Buy

Based on 28 analysts

9.0% Below Target

HON trades 9.0% below Wall Street's consensus target of $249.64.

Current Price$229.01

Average Target$249.64

Target

Current

Low$220.00

Median$240.00

High$276.00

Analyst Target Range

Forward P/E21.8x

(Fair)

PEG Ratio11.87

(Expensive)

Implied Growth+63.6%

(High Growth)

Analyst Spread22.4%

(High Agreement)

Price Forecast (1 Year)

Last 12 months price action with 12-month analyst target path

Current$229.01

Consensus$249.64

High$276.00

Low$220.00

Consensus Scenario Assumptions

The base valuation assumes HON achieves its forward estimates and maintains a stable P/E multiple of 21.8x. This scenario reflects the blended consensus of 28 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.

Analyst Ratings Distribution

Breakdown of 28 published analyst recommendations for HON

36% hold / mixed conviction

BearishBullish

Weighted analyst sentiment score based on 28 ratings

ConsensusBuy

Coverage28 Analysts

Net Score+29

Bull / Bear61% / 4%

Strong Buy00%

Buy1761%

Hold1036%

Sell14%

Strong Sell00%

Strong Buy

00%

Buy

1761%

Hold

1036%

Sell

14%

Strong Sell

00%

Recommendation Mix61% Buy · 36% Hold · 4% Sell

Buy (17)Hold (10)Sell (1)

HON Price Target Analysis

Updated June 22, 2026

As of June 22, 2026, Honeywell International Inc. (HON) has a Wall Street consensus price target of $249.64, based on estimates from 28 covering analysts. With the stock currently trading at $229.01, this represents a potential upside of +9.0%. The company has a market capitalization of $145.11B.

Analyst price targets range from a low of $220.00 to a high of $276.00, representing a 22% spread in expectations. The median target of $240.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.

The current analyst consensus rating is Buy, with 17 analysts rating the stock as a Buy or Strong Buy,10 rating it Hold, and 1 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.

From a valuation perspective, HON trades at a trailing P/E of 31.1x and forward P/E of 21.8x. The forward PEG ratio of 11.87 reflects a premium valuation. Analysts expect EPS to grow +63.6% over the next year.

Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $303.58, with bear and bull scenarios of $191.26 and $400.00 respectively. Model confidence stands at 52/100, reflecting moderate uncertainty in projections.

Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Industrials stocks.

Analyst Sentiment Comparison

Industry Peer Analysis

Avg Peer Upside

+9.3%

Industry Consensus

Avg Forward P/E

28.8x

(Growth Premium)

Peers with Coverage

10 / 10

Active Analyst Tracking

Company	Market Cap	Price	Target	Upside Potential	Rating	Fwd P/E	Analysts
MMM3M Company	$83.8B	$160.60	$166.75	+3.8%	Hold	18.5x	33
GEGE Aerospace	$373.7B	$357.64	$380.14	+6.3%	Buy	47.4x	34
ETNEaton Corporation plc	$163.8B	$421.77	$416.67	-1.2%	Buy	31.6x	39
EMREmerson Electric Co.	$84.4B	$150.66	$162.29	+7.7%	Buy	23.2x	41
ITWIllinois Tool Works Inc.	$76.1B	$264.09	$271.29	+2.7%	Hold	23.4x	28
ROKRockwell Automation, Inc.	$53.2B	$473.79	$475.13	+0.3%	Hold	36.6x	39
PHParker-Hannifin Corporation	$120.3B	$953.27	$1047.25	+9.9%	Buy	30.5x	38
RTXRTX Corporation	$249.9B	$185.60	$224.33	+20.9%	Buy	26.7x	26
LMTLockheed Martin Corporation	$117.8B	$510.95	$635.11	+24.3%	Buy	17.1x	37
TDGTransDigm Group Incorporated	$75.0B	$1328.31	$1569.30	+18.1%	Buy	33.2x	39

HON — Frequently Asked Questions

Quick answers to the most common questions about buying HON stock.

What is the HON stock price target for 2026?

The consensus price target for HON is $249.64, close to the current price of $229.01 (9.0% implied move). Based on 28 analyst estimates, the stock appears fairly valued near current levels.

Is HON a buy, sell, or hold?

HON has a consensus rating of "Buy" based on 28 Wall Street analysts. The rating breakdown is predominantly bullish, with 17 Buy/Strong Buy ratings. The consensus 12-month price target of $249.64 implies 9.0% upside from current levels.

Is HON stock overvalued or undervalued?

HON trades at a forward P/E of 21.7877x, representing a moderate valuation. With analysts targeting $249.64 (9.0% implied move), the stock appears reasonably valued with upside.

How high can HON stock go?

The most bullish Wall Street analyst has a price target of $276 for HON, while the most conservative target is $220. The consensus of $249.64 represents the median expectation. Our quantitative valuation model projects a bull case target of $400 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

How many analysts cover HON stock?

HON is heavily covered by Wall Street, with 28 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 17 have Buy ratings, 10 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

What is the HON stock forecast?

The 12-month HON stock forecast based on 28 Wall Street analysts shows a consensus price target of $249.64, with estimates ranging from $220 (bear case) to $276 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $304, with bear/bull scenarios of $191/$400.

What is HON's fair value based on fundamentals?

Our quantitative valuation model calculates HON's fair value at $304 (base case), with a bear case of $191 and bull case of $400. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 52/100.

What is HON's forward P/E ratio?

HON trades at a forward P/E ratio of 21.8x based on next-twelve-months earnings estimates compared to a trailing P/E of 31.1x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Should I buy HON stock?

HON appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $249.64 target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

Why do HON price targets vary so much?

HON analyst price targets range from $220 to $276, a 22% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $249.64 consensus represents the middle ground. Our model's $191-$400 range provides an independent fundamental perspective.

Consensus-Based Analysis Tools