Honeywell Stock Surges on Growth Reset Narrative
Honeywell International Inc.'s (ISIN US4448591028) stock rose by 1.02 percent to $203.44 on Nasdaq on September 15, 2026, following a detailed strategy update at Morgan Stanley's Laguna Conference.
At the conference, Honeywell's management emphasized its ongoing growth reset and reaffirmed medium-term margin and earnings ambitions.
The company highlighted that software and services are becoming a larger part of its business, with the Honeywell Forge platform expected to reach about $1 billion in annual recurring revenue by the end of 2026.
Management also reiterated a target of 4-6 percent organic sales growth and indicated that near-term performance is tracking toward the upper end of that range, supported by solid demand in short-cycle businesses and expanding backlog in longer-cycle segments.