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L3Harris Technologies (MX:LHX)
:LHX

L3Harris Technologies (LHX) Price & Analysis

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LHX Stock Chart & Stats

$5246.00
$61.00(1.18%)
At close: 4:00 PM EDT
$5246.00
$61.00(1.18%)

Bulls Say, Bears Say

Bulls Say
Record Backlog And Strong Book-to-billA backlog >$40B and ~2x revenue coverage provide durable revenue visibility across multi-year government programs. A 1.4 book-to-bill, and 2.2 international, signal continued award momentum and demand that support steady production planning and long-term cash flow.
Consistent Cash Generation And High FCF ConversionSustained operating cash flow (~$3.05B TTM) and FCF (~$2.59B TTM) converting ~85% of net income show resilient cash generation from defense contracts and services. This underpins reinvestment, dividends, and balance-sheet flexibility over the medium term.
Capacity Expansion And Recurring Program WinsTargeted facility expansion and ongoing IDIQ and FMS awards expand production capacity for high-demand programs (solid rocket motors, communications). Scaling manufacturing capacity and repeat contract wins support durable revenue streams and responsiveness to sustained government demand.
Bears Say
Multi-year Margin CompressionNet margin decline from ~10.4% in 2021 to ~7.7% TTM indicates structural pressure from mix shifts, higher investments, or program-costs. If mix remains toward lower-margin lines and investments continue, margin recovery may be gradual and limit long-term EPS upside.
Quarterly Cash Timing Caused FCF VolatilityWorking-capital swings produced a Q1 FCF outflow, highlighting sensitivity to contract billing, progress payments and timing. Recurrent timing variability can stress near-term liquidity and requires monitoring despite full-year guidance, particularly around large program milestones.
Uncertainty From Planned Transactions Not Reflected In GuidanceMaterial structural actions (Missile Solutions IPO, Department of War investment, sale of space propulsion stake) create execution and financial-model uncertainty. Until transactions close and guidance is updated, forecasting cash, margins, and capital allocation carries added medium-term risk.

L3Harris Technologies News

LHX FAQ

What was L3Harris Technologies’s price range in the past 12 months?
L3Harris Technologies lowest stock price was $4875.00 and its highest was $6680.99 in the past 12 months.
    What is L3Harris Technologies’s market cap?
    L3Harris Technologies’s market cap is $991.62B.
      When is L3Harris Technologies’s upcoming earnings report date?
      L3Harris Technologies’s upcoming earnings report date is Oct 22, 2026 which is in 83 days.
        How were L3Harris Technologies’s earnings last quarter?
        L3Harris Technologies released its earnings results on Jul 29, 2026. The company reported $54.589 earnings per share for the quarter, beating the consensus estimate of $48.92 by $5.668.
          Is L3Harris Technologies overvalued?
          According to Wall Street analysts L3Harris Technologies’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does L3Harris Technologies pay dividends?
            L3Harris Technologies does not currently pay dividends.
            What is L3Harris Technologies’s EPS estimate?
            L3Harris Technologies’s EPS estimate is 51.96.
              How many shares outstanding does L3Harris Technologies have?
              L3Harris Technologies has 186,294,950 shares outstanding.
                What happened to L3Harris Technologies’s price movement after its last earnings report?
                L3Harris Technologies reported an EPS of $54.589 in its last earnings report, beating expectations of $48.92. Following the earnings report the stock price went same N/A.
                  Which hedge fund is a major shareholder of L3Harris Technologies?
                  Currently, no hedge funds are holding shares in MX:LHX
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    L3Harris Technologies

                    L3Harris Technologies, Inc. is a prominent technology firm specializing in aerospace and defense, delivering vital, high-stakes solutions to governmental and commercial clients across the globe. Its diverse operations are organized into several key segments: The Integrated Mission Systems division is responsible for providing versatile intelligence, surveillance, and reconnaissance (ISR) platforms, alongside various communication technologies. This unit also offers comprehensive support for fleet management, as well as the development, modification, and routine maintenance of sensors for ISR and airborne operations. Furthermore, it develops and integrates specialized mission systems tailored for naval vessels and maritime operations, including sophisticated signals and multi-intelligence platforms, autonomous surface and undersea vehicles, and advanced power and ship control electronics. Cutting-edge electro-optical and infrared technologies are also part of its offerings. The Space and Airborne Systems segment is dedicated to providing sophisticated space payloads, advanced sensor technologies, and complete mission solutions for space-based operations. It also offers secure intelligence and robust cyber defense capabilities, specialized avionics for mission-specific applications, and state-of-the-art electronic warfare systems. The Communication Systems division delivers reliable tactical communication tools and secure, broadband mobile networked communication devices. This encompasses airborne, space, and surface data link terminals, ground stations, and portable tactical satellite communication (SATCOM) systems designed for manned aircraft, unmanned aerial vehicles (UAVs), and naval vessels. The segment also produces integrated night vision systems, mountable on helmets and weapons, along with radio systems, applications, and equipment essential for critical public safety and professional communication needs. Additionally, it supplies SATCOM terminals and integrated battlefield management networks. Finally, the Aviation Systems segment focuses on defense-oriented aviation products, training for commercial pilots, and mission-critical network solutions for effective air traffic management. Originally established in 1895 as Harris Corporation, the company adopted its current name, L3Harris Technologies, Inc., in June 2019. Its headquarters are located in Melbourne, Florida.

                    L3Harris Technologies (LHX) Earnings & Revenues

                    LHX Company Deck

                    LHX Earnings Call

                    Q2 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call conveyed strong operational momentum and strategic progress: robust organic revenue growth (+15%), record backlog (> $40B) with meaningful pending MAC opportunities (~$25B), notable segment outperformance (Space & Mission Systems +24%, Missile Solutions +18%), margin expansion, and significant structural actions (S-1 filed, $1B investment, asset sale). The primary negatives were a Q1 free cash flow outflow (-$187M) driven by working capital timing, some unfavorable EAC adjustments, and conservative full-year guidance despite the strong start. Overall, positive execution and substantial long-term visibility outweigh the transitory cash and program-estimate headwinds.View all MX:LHX earnings summaries

                    LHX Revenue Breakdown

                    70.83%70.83%29.17%
                    70.83% Products
                    29.17% Services
                    tipranks

                    LHX Stock 12 Month Forecast

                    Average Price Target

                    $6,454.71
                    ▲(23.04% Upside)
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<span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 19,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 4, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":5105.279,"date":1754006400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 18,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 4, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":5105.279,"date":1756684800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n     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style=\"color:#199ca5\">Buy 10,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 6, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":5139.769,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 11,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 6, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":5139.769,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 19,\t&nbsp; </span>\n              <span  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