LHX Logo

L3Harris Technologies Inc (LHX) Stock Forecast & Price Prediction

Live LHX Stock Price & Analysis

Home โ€บ Stocks โ€บ United States | NYSE | Industrials | Aerospace & Defense

$206.13

-0.53 (-0.26%)

12 Month Price Forecast For LHX

$206.13
Current Price
$39.68B
Market Cap
23 Ratings
Buy 18
Hold 4
Sell 1
Wall St Analyst Ratings

Distance to LHX Price Forecasts

+57.2%
To High Target of $324.00
+25.6%
To Median Target of $259.00
-3.9%
To Low Target of $198.00

LHX Price Momentum

-3.1%
1 Week Change
-1.0%
1 Month Change
-1.8%
1 Year Change
-2.0%
Year-to-Date Change
-22.4%
From 52W High of $265.74
+3.0%
From 52W Low of $200.18

๐Ÿค” Considering L3Harris (LHX)?

Join 5,000+ investors getting our exclusive market analysis every Monday & Thursday. Stay ahead of breakout opportunities.

Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: February 10, 2025 7:36 PM UTC

LHX Analyst Ratings & Price Targets

Based on our analysis of 23 Wall Street analysts, LHX has a consensus that is bullish. The median price target is $259.00, with forecasts ranging from $198.00 to $324.00. Currently, there are 18 Buy ratings, 4 Hold ratings, and 1 Sell ratings.

With LHX currently trading at $206.13, the median price forecast suggests a 25.6% upside. The most optimistic forecast comes from at , projecting a 57.2% upside, while at provides the most conservative target, suggesting a -3.9% downside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

LHX Analyst Consensus

18
Buy
4
Hold
1
Sell

LHX Price Target Range

Low
$198.00
Average
$259.00
High
$324.00
Current: $206.13

Latest LHX Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for LHX.

Date Firm Analyst Rating Change Price Target
Feb 4, 2025 B of A Securities Ronald Epstein Buy Maintains $265.00
Feb 4, 2025 Morgan Stanley Kristine Liwag Equal-Weight Maintains $250.00
Jan 31, 2025 Truist Securities Michael Ciarmoli Buy Maintains $274.00
Jan 31, 2025 UBS Myles Walton Neutral Maintains $237.00
Jan 31, 2025 RBC Capital Ken Herbert Sector Perform Reiterates $240.00
Jan 31, 2025 JP Morgan Seth Seifman Overweight Maintains $255.00
Jan 16, 2025 JP Morgan Seth Seifman Overweight Maintains $265.00
Jan 14, 2025 Truist Securities Michael Ciarmoli Buy Maintains $283.00
Jan 8, 2025 Bernstein Douglas Harned Outperform Upgrade $267.00
Jan 8, 2025 Susquehanna Charles Minervino Positive Maintains $258.00
Jan 6, 2025 Barclays David Strauss Overweight Maintains $255.00
Jan 2, 2025 Deutsche Bank Scott Deuschle Hold Maintains $229.00
Jan 2, 2025 Raymond James Brian Gesuale Market Perform Downgrade $0.00
Dec 11, 2024 Wells Fargo Matthew Akers Overweight Maintains $287.00
Nov 26, 2024 Argus Research Kristina Ruggeri Buy Upgrade $300.00
Oct 31, 2024 B of A Securities Ronald Epstein Buy Upgrade $300.00
Oct 28, 2024 Truist Securities Michael Ciarmoli Buy Maintains $300.00
Oct 28, 2024 RBC Capital Ken Herbert Sector Perform Maintains $265.00
Oct 28, 2024 Wells Fargo Matthew Akers Overweight Maintains $295.00
Oct 18, 2024 Truist Securities Michael Ciarmoli Buy Maintains $293.00

Stocks Similar to L3Harris Technologies Inc

The following stocks are similar to L3Harris based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

L3Harris Technologies Inc (LHX) Financial Data

L3Harris Technologies Inc has a market capitalization of $39.68B with a P/E ratio of 26.6x. The company generates $21.14B in trailing twelve-month revenue with a 5.7% profit margin.

Revenue growth is +7.7% quarter-over-quarter, while maintaining an operating margin of +9.8% and return on equity of +6.3%.

Valuation Metrics

Market Cap $39.68B
Enterprise Value $52.64B
P/E Ratio 26.6x
PEG Ratio 14.5x
Price/Sales 1.9x

Growth & Margins

Revenue Growth (YoY) +7.7%
Gross Margin +26.8%
Operating Margin +9.8%
Net Margin +5.7%
EPS Growth +4.4%

Financial Health

Cash/Price Ratio +1.4%
Current Ratio 1.0x
Debt/Equity 67.7x
ROE +6.3%
ROA +3.6%

๐Ÿ”ฅ Want More High-Potential Stock Ideas?

Join 5,000+ investors getting our research on stocks with massive upside potential.

L3Harris Technologies Inc logo

L3Harris Technologies Inc (LHX) Company Overview

About L3Harris Technologies Inc

What They Do

Provides mission-critical technology solutions globally.

Business Model

L3Harris Technologies operates through multiple segments, including Integrated Mission Systems, Space and Airborne Systems, Communication Systems, and Aerojet Rocketdyne. The company generates revenue by supplying advanced technology solutions and systems to government and commercial customers, primarily in defense, aerospace, and public safety sectors.

Additional Information

Founded in 1895 and based in Melbourne, Florida, L3Harris Technologies was previously known as Harris Corporation before rebranding in June 2019. It specializes in various technologies, including ISR systems, electronic warfare, propulsion technologies, and integrated communication systems, positioning itself as a key player in national security and space exploration.

Company Information

Sector

Industrials

Industry

Aerospace & Defense

Employees

50,000

CEO

Mr. Christopher E. Kubasik CPA

Country

United States

IPO Year

2019

L3Harris Technologies Inc (LHX) Latest News & Analysis

LHX stock latest news image
Quick Summary

L3Harris Technologies' Viper Shield, an all-digital electronic warfare suite, successfully completed its first flight on a Block 70 F-16, enhancing EW capabilities for six international partners.

Why It Matters

The successful flight of L3Harris' Viper Shield enhances F-16 capabilities, potentially increasing defense contracts and revenue, positively impacting L3Harris' stock performance.

Source: Business Wire
Market Sentiment: Neutral
LHX stock latest news image
Quick Summary

The S&P 500 has outperformed global stocks since 1988, especially after the 2008 crisis. Goldman Sachs recommends overweighting US stocks despite lower future return predictions.

Why It Matters

S&P 500's strong performance and Goldman Sachs' endorsement suggest a favorable outlook for US stocks, highlighting potential stability and growth in undervalued dividend-paying companies.

Source: Seeking Alpha
Market Sentiment: Positive
LHX stock latest news image
Quick Summary

L3Harris Technologies projects 2025 sales above estimates and reported stronger-than-expected Q4 results, driven by increased defense spending and demand for weapons amid geopolitical tensions.

Why It Matters

L3Harrisโ€™ positive sales forecast and strong quarterly results indicate robust demand in the defense sector, suggesting potential growth and profitability, which can enhance investor confidence.

Source: Reuters
Market Sentiment: Positive
LHX stock latest news image
Quick Summary

L3Harris (LHX) is featured in a Motley Fool Scoreboard episode, offering insights into market trends and potential investment opportunities.

Why It Matters

L3Harris insights can reveal trends and opportunities, influencing investment decisions and market sentiment toward defense and technology sectors.

Source: The Motley Fool
Market Sentiment: Positive
LHX stock latest news image
Quick Summary

L3Harris Technologies, Inc. (NYSE:LHX) will hold its Q4 2024 earnings conference call on January 30, 2025, at 10:30 AM ET, featuring key executives and analysts.

Why It Matters

The earnings call provides insights into L3Harris' financial performance and strategic direction, impacting investor sentiment and stock valuation.

Source: Seeking Alpha
Market Sentiment: Neutral
LHX stock latest news image
Quick Summary

L3Harris Technologies reported Q4 2024 diluted EPS of $2.37 and revenue of $5.5 billion. Non-GAAP diluted EPS was $3.47, reflecting business growth and operational efficiencies.

Why It Matters

L3Harris's strong EPS and revenue growth indicate robust business performance and improving margins, signaling potential for continued profitability and investor confidence.

Source: Business Wire
Market Sentiment: Neutral

Frequently Asked Questions About LHX Stock

What is L3Harris Technologies Inc's (LHX) stock forecast for 2025?

Based on our analysis of 23 Wall Street analysts, L3Harris Technologies Inc (LHX) has a median price target of $259.00. The highest price target is $324.00 and the lowest is $198.00.

Is LHX stock a good investment in 2025?

According to current analyst ratings, LHX has 18 Buy ratings, 4 Hold ratings, and 1 Sell ratings. The stock is currently trading at $206.13. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for LHX stock?

Wall Street analysts predict LHX stock could reach $259.00 in the next 12 months. This represents a 25.6% increase from the current price of $206.13. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is L3Harris Technologies Inc's business model?

L3Harris Technologies operates through multiple segments, including Integrated Mission Systems, Space and Airborne Systems, Communication Systems, and Aerojet Rocketdyne. The company generates revenue by supplying advanced technology solutions and systems to government and commercial customers, primarily in defense, aerospace, and public safety sectors.

What is the highest forecasted price for LHX L3Harris Technologies Inc?

The highest price target for LHX is $324.00 from at , which represents a 57.2% increase from the current price of $206.13.

What is the lowest forecasted price for LHX L3Harris Technologies Inc?

The lowest price target for LHX is $198.00 from at , which represents a -3.9% decrease from the current price of $206.13.

What is the overall LHX consensus from analysts for L3Harris Technologies Inc?

The overall analyst consensus for LHX is bullish. Out of 23 Wall Street analysts, 18 rate it as Buy, 4 as Hold, and 1 as Sell, with a median price target of $259.00.

How accurate are LHX stock price projections?

Stock price projections, including those for L3Harris Technologies Inc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.