Honeywell Stock Nears $207 Amid Shift Towards Software-Driven Growth

Honeywell International Inc., trading on the Nasdaq under ticker HON, saw its stock price hover near $207.63 as of September 3, 2026. This represents a market capitalization of approximately $65.81 billion according to MarketBeat data.

The company's adjusted earnings per share (EPS) for Q2 2026 came in at $1.87, down by 32 percent compared to the same period in 2025. Despite this significant decline, investors seem to be focusing on Honeywell's transition towards a more software-driven business model.

Analysts have set an average price target of $224.17 for HON shares, indicating around 7.9 percent upside potential from current levels. The company's recent separation of its aerospace unit has led to increased emphasis on automation, building technologies, and performance materials portfolios.