L3Harris (LHX) Stock Forecast, Price Target & Predictions


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LHX Stock Forecast


L3Harris (LHX) stock forecast, based on 16 Wall Street analysts, predicts a 12-month average price target of $275.00, with a high of $300.00 and a low of $240.00. This represents a 29.75% increase from the last price of $211.95.

$210 $228 $246 $264 $282 $300 High: $300 Avg: $275 Low: $240 Last Closed Price: $211.95

LHX Stock Rating


L3Harris stock's rating consensus is Buy, based on 16 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 11 Buy (68.75%), 5 Hold (31.25%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 16 0 5 11 Strong Sell Sell Hold Buy Strong Buy

LHX Forecast vs Benchmarks


TypeNameUpside
StockL3Harris29.75%
SectorIndustrials Stocks 15.95%
IndustryDefense Stocks12.44%

Price Target Trends


1M3M12M
# Anlaysts-115
Avg Price Target-$260.00$265.80
Last Closing Price$211.95$211.95$211.95
Upside/Downside-22.67%25.41%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 255146-126
Dec, 245136-125
Nov, 24413101129
Oct, 24312101127
Sep, 24314101129
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 19, 2024Kristine LiwagMorgan Stanley$260.00$230.6812.71%22.67%
Oct 30, 2024Sheila KahyaogluJefferies$295.00$245.0720.37%39.18%
Oct 24, 2024Jonathan RavivCitigroup$291.00$244.5219.01%37.30%
Oct 11, 2024Douglas HarnedBernstein$289.00$242.3519.25%36.35%
Oct 10, 2024Myles WaltonWolfe Research$300.00$241.6424.15%41.54%
Oct 03, 2024Scott DeuschleDeutsche Bank$250.00$244.662.18%17.95%
Aug 23, 2024Sheila KahyaogluJefferies$275.00$230.0919.52%29.75%
Aug 14, 2024Sector PerformRBC Capital$240.00$227.885.32%13.23%
Aug 09, 2024Kristine LiwagMorgan Stanley$257.00$230.6211.44%21.26%
Jul 26, 2024Scott DeuschleDeutsche Bank$257.00$243.275.64%21.26%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Jan 02, 2025Raymond JamesOutperformMarket Performdowngrade
Oct 31, 2024Bank of America SecuritiesBuyupgrade
Oct 30, 2024JefferiesBuyBuyhold
Oct 24, 2024CitigroupBuyBuyhold
Oct 11, 2024BernsteinMarket PerformMarket Performhold
Oct 09, 2024Wolfe ResearchPeer PerformOutperformupgrade
Oct 03, 2024Deutsche BankHoldHoldhold
Aug 23, 2024JefferiesBuyBuyhold
Aug 14, 2024RBC CapitalOutperformSector Performdowngrade
Aug 09, 2024Morgan StanleyOverweightOverweighthold

Financial Forecast


EPS Forecast

$5 $9 $13 $17 $21 $25 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$5.23$9.17$5.54$6.47-----
Avg Forecast$11.56$12.93$12.88$12.35$13.07$14.11$15.51$16.70$19.52
High Forecast$11.37$12.72$12.60$12.29$13.00$13.72$13.96$15.23$19.07
Low Forecast$11.69$13.08$13.18$12.47$13.14$14.31$17.35$17.69$20.13
Surprise %-54.76%-29.08%-56.99%-47.61%-----

Revenue Forecast

$17B $18B $20B $22B $24B $26B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$18.19B$17.81B$17.06B$19.42B-----
Avg Forecast$18.42B$17.94B$16.83B$19.36B$21.30B$21.80B$22.88B$23.83B$25.34B
High Forecast$18.20B$17.72B$16.55B$19.31B$21.26B$21.51B$22.83B$23.54B$24.89B
Low Forecast$18.59B$18.10B$17.13B$19.44B$21.34B$22.16B$22.93B$24.11B$25.95B
Surprise %-1.23%-0.70%1.41%0.29%-----

Net Income Forecast

$500M $1B $2B $3B $3B $4B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.12B$1.85B$1.06B$1.23B-----
Avg Forecast$2.20B$2.46B$1.62B$1.23B$2.49B$2.67B$2.98B$3.14B$3.72B
High Forecast$2.17B$2.42B$1.30B$981.60M$2.48B$2.61B$2.66B$2.90B$3.63B
Low Forecast$2.23B$2.49B$1.95B$1.47B$2.50B$2.73B$3.31B$3.37B$3.84B
Surprise %-49.20%-25.08%-34.52%------

LHX Forecast FAQ


Is L3Harris stock a buy?

L3Harris stock has a consensus rating of Buy, based on 16 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 11 Buy, 5 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that L3Harris is a favorable investment for most analysts.

What is L3Harris's price target?

L3Harris's price target, set by 16 Wall Street analysts, averages $275 over the next 12 months. The price target range spans from $240 at the low end to $300 at the high end, suggesting a potential 29.75% change from the previous close price of $211.95.

How does L3Harris stock forecast compare to the average forecast of its sector, industry, and investment themes?

L3Harris stock forecast shows a 29.75% upside, outperforming the average forecast for the industrials stocks sector (15.95%) and outperforming the defense stocks industry (12.44%).

What is the breakdown of analyst ratings for L3Harris over the past three months?

  • January 2025: 19.23% Strong Buy, 53.85% Buy, 23.08% Hold, 0% Sell, 3.85% Strong Sell.
  • December 2024: 20.00% Strong Buy, 52.00% Buy, 24.00% Hold, 0% Sell, 4.00% Strong Sell.
  • November 2024: 13.79% Strong Buy, 44.83% Buy, 34.48% Hold, 3.45% Sell, 3.45% Strong Sell.

What is L3Harris’s EPS forecast?

L3Harris's average annual EPS forecast for its fiscal year ending in December is 13.07 for 2024, a 102.01% increase from the reported $6.47 in 2023. The prediction for 2025 is $14.11, $15.51 for 2026, $16.7 for 2027, and $19.52 for 2028.

What is L3Harris’s revenue forecast?

L3Harris's average annual revenue forecast for its fiscal year ending in December is $21.3B for 2024, a 9.70% increase from the reported $19.42B in 2023. The forecast for 2025 is $21.8B, $22.88B for 2026, $23.83B for 2027, and $25.34B for 2028.

What is L3Harris’s net income forecast?

For its fiscal year ending in December, L3Harris's average annual net income forecast is $2.49B for 2024, reflecting an 102.97% increase from the reported $1.23B in 2023. The projection for 2025 is $2.67B, $2.98B for 2026, $3.14B for 2027, and $3.72B for 2028.