Honeywell Stock Eyes October 22 Earnings Amid Analyst Divide

Honeywell's stock was trading at $214.58 on the Nasdaq on October 6, 2026, reflecting a 0.20% increase from the previous close. The company is preparing for its third-quarter earnings report on October 22, 2026, which is highly anticipated due to significant portfolio changes. Analysts project diluted earnings per share of $2.17 for Q3 2026, a sharp decline from $5.64 in the same period last year. Full-year 2026 earnings are expected to drop to $8.28 per share, a 57.7% decrease from fiscal year 2025, but analysts foresee a 20.2% rebound to $9.95 per share in 2027.

Despite the projected earnings decline, Honeywell's latest quarterly report showed a revenue beat with $9.72 billion, up 3.4% year-over-year. The company also exceeded earnings estimates by $0.15 per share. MarketBeat reported quarterly guidance ranging from $2.05 to $2.20 per share for Q3 and $2.28 to $2.43 for Q4 2026. Additionally, Honeywell declared a quarterly dividend of $0.70 per share, payable on December 4, 2026.

Analysts remain optimistic, with 24 experts rating Honeywell a Moderate Buy and setting an average price target of $261.78, which is 22.0% above the current trading price. The stock's 52-week range is between $195.87 and $260.28, positioning it 17.6% below its yearly high. The upcoming earnings report is crucial as it will influence the valuation debate and highlight the company's execution and portfolio structure post-spin.