L3Harris (LHX) Stock Forecast, Price Target & Predictions
LHX Stock Forecast
L3Harris stock forecast is as follows: an average price target of $245.80 (represents a 6.98% upside from LHX’s last price of $229.77) and a rating consensus of 'Buy', based on 12 wall street analysts offering a 1-year stock forecast.
LHX Price Target
The average price target for L3Harris (LHX) is $245.80 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $298.00 to $207.00. This represents a potential 6.98% upside from LHX's last price of $229.77.
LHX Analyst Ratings
According to 12 Wall Street analysts, L3Harris's rating consensus is 'Buy'. The analyst rating breakdown for LHX stock is 0 'Strong Buy' (0.00%), 9 'Buy' (75.00%), 3 'Hold' (25.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
L3Harris Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 23, 2024 | Sheila Kahyaoglu | Jefferies | $275.00 | $230.09 | 19.52% | 19.68% |
| Aug 14, 2024 | Sector Perform | RBC Capital | $240.00 | $227.88 | 5.32% | 4.45% |
| Aug 09, 2024 | Kristine Liwag | Morgan Stanley | $257.00 | $230.62 | 11.44% | 11.85% |
| Jul 26, 2024 | Scott Deuschle | Deutsche Bank | $257.00 | $243.27 | 5.64% | 11.85% |
| Jun 19, 2024 | Bryan Keane | Deutsche Bank | $295.00 | $222.45 | 32.61% | 28.39% |
| May 07, 2024 | Matthew Akers | Wells Fargo | $245.00 | $214.75 | 14.09% | 6.63% |
| Apr 30, 2024 | David Strauss | Barclays | $245.00 | $217.06 | 12.87% | 6.63% |
| Apr 29, 2024 | Ken Herbert | RBC Capital | $250.00 | $215.63 | 15.94% | 8.80% |
| Apr 22, 2024 | Peter Skibitski | US Capital Advisors | $238.00 | $208.14 | 14.35% | 3.58% |
| Oct 31, 2023 | Peter Arment | Robert W. Baird | $219.00 | $180.12 | 21.59% | -4.69% |
The latest L3Harris stock forecast, released on Aug 23, 2024 by Sheila Kahyaoglu from Jefferies, set a price target of $275.00, which represents a 19.52% increase from the stock price at the time of the forecast ($230.09), and a 19.68% increase from LHX last price ($229.77).
L3Harris Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 5 | 13 |
| Avg Price Target | $275.00 | $264.80 | $241.00 |
| Last Closing Price | $229.77 | $229.77 | $229.77 |
| Upside/Downside | 19.68% | 15.25% | 4.89% |
In the current month, the average price target of L3Harris stock is $275.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 19.68% increase as opposed to L3Harris's last price of $229.77. This month's average price target is up 3.85% compared to last quarter, and up 14.11% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 23, 2024 | Jefferies | Buy | Buy | Hold |
| Aug 14, 2024 | RBC Capital | Outperform | Sector Perform | Downgrade |
| Aug 09, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Aug 09, 2024 | Morgan Stanley | Outperform | Equal-Weight | Downgrade |
| Jul 30, 2024 | Barclays | Overweight | Overweight | Hold |
| Jul 29, 2024 | Susquehanna | Positive | Positive | Hold |
| Jul 26, 2024 | Deutsche Bank | Buy | Hold | Downgrade |
| Jun 19, 2024 | Barclays | Overweight | Overweight | Hold |
| May 07, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Apr 30, 2024 | Barclays | Overweight | Overweight | Hold |
L3Harris's last stock rating was published by Jefferies on Aug 23, 2024. The company gave LHX a "Buy" rating, the same as its previous rate.
L3Harris Financial Forecast
L3Harris Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.69B | $4.47B | $4.58B | $4.25B | $4.13B | $4.10B | $4.35B | $4.23B | $4.67B | $4.57B | - | $4.46B | $4.45B | $4.63B | $4.83B | $4.43B |
| Avg Forecast | $6.01B | $5.84B | $5.72B | $5.65B | $5.72B | $5.52B | $5.49B | $5.37B | $5.47B | $5.28B | $5.30B | $5.11B | $5.28B | $4.94B | $4.37B | $4.26B | $4.34B | $4.41B | $4.23B | $4.14B | $4.49B | $4.53B | $4.62B | $4.55B | $4.89B | $4.48B | $4.46B | $4.59B | $1.86B | $1.73B |
| High Forecast | $6.10B | $5.93B | $5.81B | $5.74B | $5.81B | $5.61B | $5.57B | $5.45B | $5.55B | $5.30B | $5.38B | $5.19B | $5.36B | $5.43B | $4.44B | $4.32B | $4.41B | $4.47B | $4.23B | $4.25B | $4.60B | $4.64B | $4.74B | $4.67B | $5.01B | $4.60B | $4.57B | $4.70B | $1.91B | $1.77B |
| Low Forecast | $5.87B | $5.70B | $5.59B | $5.52B | $5.59B | $5.39B | $5.36B | $5.24B | $5.34B | $5.24B | $5.18B | $4.99B | $5.22B | $4.54B | $4.27B | $4.16B | $4.24B | $4.30B | $4.23B | $4.01B | $4.34B | $4.38B | $4.48B | $4.41B | $4.73B | $4.34B | $4.31B | $4.44B | $1.80B | $1.67B |
| # Analysts | 7 | 7 | 7 | 7 | 5 | 5 | 5 | 5 | 11 | 12 | 11 | 5 | 6 | 19 | 16 | 9 | 8 | 8 | 10 | 14 | 16 | 9 | 8 | 8 | 8 | 8 | 8 | 8 | 7 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | 1.05% | 1.05% | 0.96% | 0.98% | 0.99% | 0.97% | 0.93% | 1.01% | 1.00% | - | 1.00% | 1.00% | 1.01% | 2.59% | 2.56% |
L3Harris's average Quarter revenue forecast for Sep 23 based on 19 analysts is $4.94B, with a low forecast of $4.54B, and a high forecast of $5.43B. LHX's average Quarter revenue forecast represents a 5.28% increase compared to the company's last Quarter revenue of $4.69B (Jun 23).
L3Harris EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 7 | 7 | 7 | 5 | 5 | 5 | 5 | 11 | 12 | 11 | 5 | 6 | 19 | 16 | 9 | 8 | 8 | 10 | 14 | 16 | 9 | 8 | 8 | 8 | 8 | 8 | 8 | 7 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $83.00M | $725.00M | $866.00M | $783.00M | $825.00M | $836.00M | $899.00M | $894.00M | $880.00M | $924.00M | - | $847.00M | $759.00M | $843.00M | $770.00M | $702.00M |
| Avg Forecast | $1.12B | $1.09B | $1.07B | $1.05B | $1.07B | $1.03B | $1.02B | $1.00B | $1.02B | $984.52M | $988.76M | $670.60M | $985.42M | $921.49M | $815.15M | $609.64M | $809.75M | $707.31M | $788.06M | $554.22M | $887.97M | $1.64B | $855.02M | $1.65B | $1.77B | $1.62B | $1.61B | $503.83M | $750.61M | $643.01M |
| High Forecast | $1.14B | $1.11B | $1.08B | $1.07B | $1.08B | $1.05B | $1.04B | $1.02B | $1.04B | $988.24M | $1.00B | $804.72M | $1.00B | $1.01B | $827.24M | $731.56M | $821.76M | $848.77M | $788.06M | $665.06M | $1.07B | $1.68B | $1.03B | $1.69B | $1.81B | $1.66B | $1.65B | $604.60M | $900.73M | $771.61M |
| Low Forecast | $1.09B | $1.06B | $1.04B | $1.03B | $1.04B | $1.01B | $999.62M | $977.65M | $996.42M | $977.09M | $965.40M | $536.48M | $974.24M | $845.97M | $795.89M | $487.71M | $790.62M | $565.85M | $788.06M | $443.37M | $710.38M | $1.58B | $684.01M | $1.59B | $1.71B | $1.57B | $1.56B | $403.07M | $600.49M | $514.41M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.10% | 1.19% | 1.07% | 1.11% | 1.05% | 1.51% | 1.01% | 0.55% | 1.03% | 0.56% | - | 0.52% | 0.47% | 1.67% | 1.03% | 1.09% |
19 analysts predict LHX's average Quarter EBITDA for Sep 23 to be $921.49M, with a high of $1.01B and a low of $845.97M. This is 1010.23% upper than L3Harris's previous annual EBITDA (Jun 23) of $83.00M.
L3Harris Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 7 | 7 | 7 | 5 | 5 | 5 | 5 | 11 | 12 | 11 | 5 | 6 | 19 | 16 | 9 | 8 | 8 | 10 | 14 | 16 | 9 | 8 | 8 | 8 | 8 | 8 | 8 | 7 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $372.00M | $337.00M | $416.00M | $-301.00M | $471.00M | $475.00M | $484.00M | $481.00M | $413.00M | $468.00M | - | $426.00M | $283.00M | $217.00M | $393.00M | $429.00M |
| Avg Forecast | $818.65M | $772.94M | $739.65M | $703.11M | $734.84M | $688.93M | $670.35M | $637.31M | $663.88M | $619.26M | $605.56M | $268.98M | $631.54M | $578.98M | $561.11M | $244.53M | $621.30M | $432.24M | $605.88M | $222.30M | $478.06M | $605.11M | $401.27M | $561.81M | $587.48M | $521.60M | $497.02M | $202.09M | $383.10M | $392.95M |
| High Forecast | $834.44M | $787.85M | $753.91M | $716.67M | $749.01M | $702.21M | $683.27M | $649.60M | $676.68M | $640.15M | $617.24M | $322.78M | $652.53M | $607.64M | $571.93M | $293.44M | $633.28M | $518.69M | $605.88M | $266.76M | $573.67M | $625.21M | $481.53M | $580.47M | $606.99M | $538.92M | $513.53M | $242.51M | $459.73M | $471.54M |
| Low Forecast | $793.51M | $749.21M | $716.93M | $681.52M | $712.27M | $667.77M | $649.76M | $617.74M | $643.49M | $604.06M | $586.97M | $215.19M | $618.19M | $538.85M | $543.88M | $195.62M | $602.22M | $345.80M | $605.88M | $177.84M | $382.45M | $579.68M | $321.02M | $538.20M | $562.79M | $499.68M | $476.13M | $161.67M | $306.48M | $314.36M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.66% | 1.38% | 0.67% | -0.70% | 0.78% | 2.14% | 1.01% | 0.79% | 1.03% | 0.83% | - | 0.82% | 0.57% | 1.07% | 1.03% | 1.09% |
L3Harris's average Quarter net income forecast for Sep 23 is $578.98M, with a range of $538.85M to $607.64M. LHX's average Quarter net income forecast represents a 55.64% increase compared to the company's last Quarter net income of $372.00M (Jun 23).
L3Harris SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 7 | 7 | 7 | 5 | 5 | 5 | 5 | 11 | 12 | 11 | 5 | 6 | 19 | 16 | 9 | 8 | 8 | 10 | 14 | 16 | 9 | 8 | 8 | 8 | 8 | 8 | 8 | 7 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $783.00M | $773.00M | $767.00M | $742.00M | $744.00M | $713.00M | $795.00M | $793.00M | $891.00M | $801.00M | - | $817.00M | $904.00M | $815.00M | $928.00M | $999.00M |
| Avg Forecast | $910.51M | $884.75M | $866.44M | $856.12M | $866.69M | $836.66M | $831.45M | $813.18M | $828.79M | $799.55M | $802.99M | $1.00B | $800.27M | $748.36M | $662.00M | $911.64M | $657.61M | $1.01B | $639.99M | $828.76M | $785.25M | $1.56B | $865.70M | $1.57B | $1.69B | $1.55B | $1.54B | $753.42M | $904.63M | $915.05M |
| High Forecast | $924.02M | $897.87M | $879.29M | $868.82M | $879.55M | $849.07M | $843.78M | $825.24M | $841.08M | $802.57M | $814.90M | $1.20B | $812.38M | $822.23M | $671.81M | $1.09B | $667.36M | $1.21B | $639.99M | $994.51M | $942.29M | $1.60B | $1.04B | $1.61B | $1.73B | $1.59B | $1.58B | $904.10M | $1.09B | $1.10B |
| Low Forecast | $889.01M | $863.85M | $845.98M | $835.90M | $846.22M | $816.90M | $811.81M | $793.97M | $809.21M | $793.52M | $784.02M | $802.24M | $791.20M | $687.02M | $646.36M | $729.31M | $642.08M | $805.24M | $639.99M | $663.01M | $628.20M | $1.51B | $692.56M | $1.52B | $1.63B | $1.50B | $1.49B | $602.74M | $723.71M | $732.04M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.18% | 0.85% | 1.17% | 0.74% | 1.16% | 0.86% | 1.01% | 0.51% | 1.03% | 0.51% | - | 0.53% | 0.59% | 1.08% | 1.03% | 1.09% |
L3Harris's average Quarter SG&A projection for Sep 23 is $748.36M, based on 19 Wall Street analysts, with a range of $687.02M to $822.23M. The forecast indicates a -4.42% fall compared to LHX last annual SG&A of $783.00M (Jun 23).
L3Harris EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 7 | 7 | 7 | 5 | 5 | 5 | 5 | 11 | 12 | 11 | 5 | 6 | 19 | 16 | 9 | 8 | 8 | 10 | 14 | 16 | 9 | 8 | 8 | 8 | 8 | 8 | 8 | 7 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.97 | $1.77 | $2.07 | $-1.57 | $2.45 | $2.46 | $2.48 | $2.41 | $2.03 | $2.26 | - | $2.00 | $1.31 | $1.00 | $1.79 | $1.93 |
| Avg Forecast | $4.30 | $4.06 | $3.88 | $3.69 | $3.86 | $3.61 | $3.52 | $3.34 | $3.48 | $3.25 | $3.18 | $2.91 | $3.31 | $3.04 | $2.94 | $2.85 | $3.26 | $3.39 | $3.18 | $3.06 | $3.26 | $3.18 | $3.18 | $2.96 | $3.09 | $2.74 | $2.61 | $2.61 | $2.44 | $2.11 |
| High Forecast | $4.38 | $4.13 | $3.96 | $3.76 | $3.93 | $3.68 | $3.58 | $3.41 | $3.55 | $3.36 | $3.24 | $2.96 | $3.42 | $3.19 | $3.00 | $2.91 | $3.32 | $3.46 | $3.18 | $3.16 | $3.37 | $3.29 | $3.28 | $3.05 | $3.19 | $2.83 | $2.70 | $2.69 | $2.52 | $2.18 |
| Low Forecast | $4.16 | $3.93 | $3.76 | $3.58 | $3.74 | $3.50 | $3.41 | $3.24 | $3.38 | $3.17 | $3.08 | $2.82 | $3.24 | $2.83 | $2.85 | $2.76 | $3.16 | $3.29 | $3.18 | $2.93 | $3.13 | $3.05 | $3.04 | $2.83 | $2.96 | $2.63 | $2.50 | $2.50 | $2.34 | $2.02 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.67% | 0.62% | 0.64% | -0.46% | 0.77% | 0.81% | 0.76% | 0.76% | 0.64% | 0.76% | - | 0.73% | 0.50% | 0.38% | 0.73% | 0.91% |
According to 19 Wall Street analysts, L3Harris's projected average Quarter EPS for Sep 23 is $3.04, with a low estimate of $2.83 and a high estimate of $3.19. This represents a 54.20% increase compared to LHX previous annual EPS of $1.97 (Jun 23).
L3Harris Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| BA | Boeing Company | $156.77 | $205.35 | 30.99% | Buy |
| HXL | Hexcel | $60.84 | $69.82 | 14.76% | Hold |
| LHX | L3Harris | $229.77 | $245.80 | 6.98% | Buy |
| CW | Curtiss-Wright | $309.95 | $310.00 | 0.02% | Buy |
| GD | General Dynamics | $304.80 | $301.14 | -1.20% | Buy |
| NOC | Northrop Grumman | $519.78 | $490.58 | -5.62% | Hold |
| HII | Huntington Ingalls Industries | $261.55 | $244.83 | -6.39% | Hold |
| RTX | RTX | $119.12 | $108.65 | -8.79% | Buy |
| LMT | Lockheed Martin | $569.91 | $512.22 | -10.12% | Buy |
LHX Forecast FAQ
Is L3Harris a good buy?
Yes, according to 12 Wall Street analysts, L3Harris (LHX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 9 'Buy' recommendations, accounting for 75.00% of LHX's total ratings.
What is LHX's price target?
L3Harris (LHX) average price target is $245.8 with a range of $207 to $298, implying a 6.98% from its last price of $229.77. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will L3Harris stock go up soon?
According to Wall Street analysts' prediction for LHX stock, the company can go up by 6.98% (from the last price of $229.77 to the average price target of $245.8), up by 29.69% based on the highest stock price target, and down by -9.91% based on the lowest stock price target.
Can L3Harris stock reach $300?
LHX's average twelve months analyst stock price target of $245.8 does not support the claim that L3Harris can reach $300 in the near future.
What is L3Harris's current price target trend?
1 Wall Street analyst forecast a $275 price target for L3Harris (LHX) this month, up 19.68% from its last price of $229.77. Compared to the last 3 and 12 months, the average price target increased by 15.25% and increased by 4.89%, respectively.
What are L3Harris's analysts' financial forecasts?
L3Harris's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $22.1B (high $22.43B, low $21.58B), average EBITDA is $4.12B (high $4.18B, low $4.03B), average net income is $2.73B (high $2.78B, low $2.65B), average SG&A $3.35B (high $3.4B, low $3.27B), and average EPS is $14.33 (high $14.61, low $13.89). LHX's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $23.22B (high $23.57B, low $22.68B), average EBITDA is $4.33B (high $4.4B, low $4.23B), average net income is $3.03B (high $3.09B, low $2.94B), average SG&A $3.52B (high $3.57B, low $3.43B), and average EPS is $15.92 (high $16.23, low $15.43).
Did the LHX's actual financial results beat the analysts' financial forecasts?
Based on L3Harris's last annual report (Dec 2022), the company's revenue was $17.06B, which missed the average analysts forecast of $17.11B by -0.31%. Apple's EBITDA was $3.31B, beating the average prediction of $2.86B by 15.76%. The company's net income was $1.06B, missing the average estimation of $1.88B by -43.56%. Apple's SG&A was $3B, missing the average forecast of $3.13B by -4.31%. Lastly, the company's EPS was $5.28, missing the average prediction of $12.88 by -59.01%. In terms of the last quarterly report (Jun 2023), L3Harris's revenue was $4.69B, beating the average analysts' forecast of $4.37B by 7.38%. The company's EBITDA was $83M, missing the average prediction of $815.15M by -89.82%. L3Harris's net income was $372M, missing the average estimation of $561.11M by -33.70%. The company's SG&A was $783M, beating the average forecast of $662M by 18.28%. Lastly, the company's EPS was $1.97, missing the average prediction of $2.94 by -33.08%