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L3Harris (LHX) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

LHX Stock Forecast

L3Harris stock forecast is as follows: an average price target of $274.57 (represents a 28.57% upside from LHX’s last price of $213.55) and a rating consensus of 'Buy', based on 16 wall street analysts offering a 1-year stock forecast.

LHX Price Target

The average price target for L3Harris (LHX) is $274.57 based on 1-year price targets from 16 Wall Street analysts in the past 3 months, with a price target range of $300.00 to $240.00. This represents a potential 28.57% upside from LHX's last price of $213.55.

LHX Analyst Ratings

Buy

According to 16 Wall Street analysts, L3Harris's rating consensus is 'Buy'. The analyst rating breakdown for LHX stock is 0 'Strong Buy' (0.00%), 12 'Buy' (75.00%), 4 'Hold' (25.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

L3Harris Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 30, 2024Sheila KahyaogluJefferies$295.00$245.0720.37%38.14%
Oct 24, 2024Jonathan RavivCitigroup$291.00$244.5119.01%36.27%
Oct 11, 2024Douglas HarnedBernstein$289.00$242.3519.25%35.33%
Oct 10, 2024Myles WaltonWolfe Research$300.00$241.6424.15%40.48%
Oct 03, 2024Scott DeuschleDeutsche Bank$250.00$244.662.18%17.07%
Aug 23, 2024Sheila KahyaogluJefferies$275.00$230.0919.52%28.78%
Aug 14, 2024Sector PerformRBC Capital$240.00$227.885.32%12.39%
Aug 09, 2024Kristine LiwagMorgan Stanley$257.00$230.6211.44%20.35%
Jul 26, 2024Scott DeuschleDeutsche Bank$257.00$243.275.64%20.35%
Jun 19, 2024Bryan KeaneDeutsche Bank$295.00$222.4532.61%38.14%
May 07, 2024Matthew AkersWells Fargo$245.00$214.7514.09%14.73%
Apr 30, 2024David StraussBarclays$245.00$217.0612.87%14.73%
Apr 29, 2024Ken HerbertRBC Capital$250.00$215.6315.94%17.07%
Apr 22, 2024Peter SkibitskiUS Capital Advisors$238.00$208.1414.35%11.45%
Oct 31, 2023Peter ArmentRobert W. Baird$219.00$180.1221.59%2.55%
Oct 30, 2023Brian GesualeRaymond James$210.00$174.3620.44%-1.66%
Sep 18, 2023Jonathan RavivWells Fargo$193.00$175.989.67%-9.62%
Sep 18, 2023Matthew AkersWells Fargo$209.00$172.7221.01%-2.13%
Jul 26, 2023Peter ArmentRobert W. Baird$222.00$203.339.18%3.96%
Mar 27, 2023Scott DeuschleCredit Suisse$240.00$194.6823.28%12.39%
Feb 01, 2023Wells Fargo$230.00$214.777.09%7.70%
Jan 12, 2023Cowen & Co.$240.00$199.9120.05%12.39%
Jan 11, 2023Wells Fargo$219.00$201.958.44%2.55%
Dec 15, 2022Morgan Stanley$278.00$218.0427.50%30.18%
Dec 12, 2022J.P. Morgan$250.00$215.6115.95%17.07%
Aug 30, 2022Ken HerbertRBC Capital$285.00$231.9722.86%33.46%
May 03, 2022Sheila KahyaogluJefferies$300.00$235.2127.55%40.48%
May 02, 2022Susquehanna$298.00$232.3828.24%39.55%
Apr 29, 2022Raymond James$290.00$236.2022.78%35.80%
Mar 14, 2022Sheila KahyaogluJefferies$320.00$250.1127.94%49.85%
Feb 01, 2022Peter ArmentRobert W. Baird$248.00$209.0018.66%16.13%
Feb 01, 2022Seth SeifmanJ.P. Morgan$237.00$209.0013.40%10.98%
Feb 01, 2022Charles MinervinoSusquehanna$255.00$209.0022.01%19.41%
Jan 14, 2022Michael MaugeriWolfe Research$266.00$227.8616.74%24.56%
Sep 23, 2021Noah PoponakGoldman Sachs$207.00$219.25-5.59%-3.07%
Sep 16, 2021Gautam KhannaCowen & Co.$250.00$219.0514.13%17.07%
Aug 04, 2021Robert SpingarnCredit Suisse$254.00$226.3512.22%18.94%

The latest L3Harris stock forecast, released on Oct 30, 2024 by Sheila Kahyaoglu from Jefferies, set a price target of $295.00, which represents a 20.37% increase from the stock price at the time of the forecast ($245.07), and a 38.14% increase from LHX last price ($213.55).

L3Harris Price Target by Period

1M3M12M
# Anlaysts-514
Avg Price Target-$285.00$266.21
Last Closing Price$213.55$213.55$213.55
Upside/Downside-100.00%33.46%24.66%

In the current month, the average price target of L3Harris stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to L3Harris's last price of $213.55. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 31, 2024Bank of America SecuritiesBuyUpgrade
Oct 30, 2024JefferiesBuyBuyHold
Oct 24, 2024Deutsche BankHoldHoldHold
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
Aug 09, 2024Morgan StanleyOutperformEqual-WeightDowngrade
Jul 30, 2024BarclaysOverweightOverweightHold
Jul 29, 2024SusquehannaPositivePositiveHold
Jul 26, 2024Deutsche BankBuyHoldDowngrade
Jun 19, 2024BarclaysOverweightOverweightHold
May 07, 2024Wells FargoOverweightOverweightHold
Apr 30, 2024BarclaysOverweightOverweightHold
Apr 29, 2024RBC CapitalOutperformOutperformHold
Apr 22, 2024Alembic GlobalOverweightUpgrade
Dec 15, 2023Deutsche BankBuyUpgrade
Oct 31, 2023Morgan StanleyOverweightOutperformUpgrade
Sep 18, 2023Wells FargoEqual-WeightOverweightUpgrade
Jul 26, 2023Wolfe ResearchOutperformPeer PerformInitialise
Jul 26, 2023Cowen & Co.OutperformOutperformHold
Mar 27, 2023Credit SuisseOutperformOutperformHold
Feb 01, 2023Wells FargoEqual-WeightEqual-WeightHold
Jan 12, 2023Cowen & Co.OutperformOutperformHold
Jan 11, 2023Wells FargoEqual-WeightEqual-WeightHold
Dec 15, 2022Morgan StanleyOverweightUpgrade
Dec 12, 2022Credit SuisseNeutralNeutralHold
Oct 12, 2022Credit SuisseOutperformInitialise
Aug 29, 2022RBC CapitalOutperformInitialise
May 03, 2022JefferiesBuyBuyHold
May 02, 2022SusquehannaPositivePositiveHold
Apr 29, 2022Raymond JamesOutperformOutperformHold
Mar 14, 2022JefferiesBuyBuyHold
Jan 14, 2022Wolfe ResearchOutperformUpgrade
Dec 18, 2021UBSNeutralDowngrade

L3Harris's last stock rating was published by Bank of America Securities on Oct 31, 2024. The company Upgrade its LHX rating from "null" to "Buy".

L3Harris Financial Forecast

L3Harris Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 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$6.03B$5.78B$5.73B$5.61B$5.75B$5.50B$5.46B$5.34B$5.50B$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$6.19B$5.93B$5.87B$5.75B$5.90B$5.64B$5.60B$5.40B$5.59B$5.29B$5.30B$5.11B$5.36B$5.43B$4.48B$4.36B$4.45B$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
Low Forecast$5.91B$5.66B$5.61B$5.49B$5.63B$5.38B$5.35B$5.23B$5.42B$5.28B$5.30B$5.11B$5.22B$4.54B$4.28B$4.17B$4.25B$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
# Analysts63332237136446191598891315997474736
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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts63332237136446191598891315997474736
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$966.52M$925.46M$917.63M$898.70M$920.82M$880.81M$875.18M$855.59M$880.68M$846.09M$849.11M$670.60M$846.24M$791.34M$700.02M$609.64M$976.77M$821.79M$788.06M$554.22M$836.95M$844.04M$855.02M$849.37M$911.63M$836.31M$831.03M$503.83M$347.84M$322.29M
High Forecast$991.10M$949.00M$940.97M$921.55M$944.24M$903.21M$897.44M$865.24M$895.11M$846.90M$849.11M$804.72M$859.04M$869.45M$717.82M$731.56M$1.17B$821.79M$788.06M$665.06M$836.95M$844.04M$1.03B$849.37M$911.63M$836.31M$831.03M$604.60M$347.84M$322.29M
Low Forecast$946.09M$905.90M$898.24M$879.70M$901.36M$862.19M$856.68M$837.90M$867.84M$845.28M$849.11M$536.48M$836.64M$726.48M$685.22M$487.71M$781.41M$821.79M$788.06M$443.37M$836.95M$844.04M$684.01M$849.37M$911.63M$836.31M$831.03M$403.07M$347.84M$322.29M
Surprise %--------------0.12%1.19%0.89%0.95%1.05%1.51%1.07%1.06%1.03%1.09%-1.01%0.91%1.67%2.21%2.18%

19 analysts predict LHX's average Quarter EBITDA for Sep 23 to be $791.34M, with a high of $869.45M and a low of $726.48M. This is 853.43% upper than L3Harris's previous annual EBITDA (Jun 23) of $83.00M.

L3Harris Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts63332237136446191598891315997474736
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$797.80M$747.32M$715.19M$676.17M$739.23M$694.37M$667.19M$633.23M$657.38M$619.93M$605.25M$268.98M$631.21M$578.67M$560.82M$244.53M$525.87M$646.15M$605.24M$222.30M$622.22M$606.71M$401.27M$563.29M$589.03M$522.97M$498.33M$202.09M$465.06M$402.17M
High Forecast$824.18M$772.03M$738.83M$698.52M$763.67M$717.33M$689.25M$665.17M$666.88M$620.24M$605.26M$322.78M$652.19M$607.32M$579.36M$293.44M$631.04M$646.15M$605.24M$266.76M$622.22M$606.71M$481.53M$563.29M$589.03M$522.97M$498.33M$242.51M$465.06M$402.17M
Low Forecast$775.88M$726.79M$695.53M$657.59M$718.91M$675.29M$648.86M$616.32M$645.98M$619.62M$605.23M$215.19M$617.86M$538.57M$545.41M$195.62M$420.69M$646.15M$605.24M$177.84M$622.22M$606.71M$321.02M$563.29M$589.03M$522.97M$498.33M$161.67M$465.06M$402.17M
Surprise %--------------0.66%1.38%0.79%-0.47%0.78%2.14%0.78%0.79%1.03%0.83%-0.81%0.57%1.07%0.85%1.07%

L3Harris's average Quarter net income forecast for Sep 23 is $578.67M, with a range of $538.57M to $607.32M. LHX's average Quarter net income forecast represents a 55.56% increase compared to the company's last Quarter net income of $372.00M (Jun 23).

L3Harris SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts63332237136446191598891315997474736
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$914.02M$875.19M$867.79M$849.88M$870.81M$832.97M$827.64M$809.11M$832.84M$800.13M$802.99M$1.00B$800.27M$748.36M$662.00M$911.64M$863.77M$667.39M$639.99M$828.76M$679.70M$685.46M$865.70M$689.79M$740.35M$679.18M$674.89M$753.42M$282.49M$261.74M
High Forecast$937.26M$897.45M$889.86M$871.50M$892.95M$854.15M$848.69M$818.24M$846.49M$800.90M$802.99M$1.20B$812.38M$822.23M$678.83M$1.09B$1.04B$667.39M$639.99M$994.51M$679.70M$685.46M$1.04B$689.79M$740.35M$679.18M$674.89M$904.10M$282.49M$261.74M
Low Forecast$894.70M$856.69M$849.45M$831.92M$852.40M$815.36M$810.15M$792.38M$820.71M$799.36M$802.99M$802.24M$791.20M$687.02M$648.00M$729.31M$691.02M$667.39M$639.99M$663.01M$679.70M$685.46M$692.56M$689.79M$740.35M$679.18M$674.89M$602.74M$282.49M$261.74M
Surprise %--------------1.18%0.85%0.89%1.11%1.16%0.86%1.17%1.16%1.03%1.16%-1.20%1.34%1.08%3.29%3.82%

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts63332237136446191598891315997474736
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$4.19$3.92$3.75$3.55$3.88$3.64$3.50$3.32$3.45$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$4.33$4.05$3.88$3.67$4.01$3.77$3.62$3.49$3.50$3.26$3.18$2.91$3.42$3.19$3.04$2.95$3.37$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
Low Forecast$4.07$3.82$3.65$3.45$3.77$3.54$3.41$3.24$3.39$3.25$3.18$2.91$3.24$2.83$2.86$2.77$3.17$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
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

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
HIIHuntington Ingalls Industries$193.49$244.8326.53%Hold
GDGeneral Dynamics$265.22$334.0025.93%Buy
LHXL3Harris$218.45$274.5725.69%Buy
LMTLockheed Martin$490.61$603.1122.93%Buy
NOCNorthrop Grumman$480.29$548.7014.24%Hold
RTXRTX$117.42$131.6012.08%Hold
BABoeing Company$173.03$191.3110.56%Buy
HXLHexcel$63.60$69.869.84%Hold
CWCurtiss-Wright$364.49$328.67-9.83%Buy

LHX Forecast FAQ

Is L3Harris a good buy?

Yes, according to 16 Wall Street analysts, L3Harris (LHX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 12 'Buy' recommendations, accounting for 75.00% of LHX's total ratings.

What is LHX's price target?

L3Harris (LHX) average price target is $274.57 with a range of $240 to $300, implying a 28.57% from its last price of $213.55. The data is based on 16 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 28.57% (from the last price of $213.55 to the average price target of $274.57), up by 40.48% based on the highest stock price target, and up by 12.39% based on the lowest stock price target.

Can L3Harris stock reach $300?

LHX's average twelve months analyst stock price target of $274.57 does not support the claim that L3Harris can reach $300 in the near future.

What are L3Harris's analysts' financial forecasts?

L3Harris's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $22.05B (high $22.54B, low $21.59B), average EBITDA is $3.53B (high $3.61B, low $3.46B), average net income is $2.73B (high $2.84B, low $2.66B), average SG&A $3.34B (high $3.41B, low $3.27B), and average EPS is $14.35 (high $14.88, low $13.96). LHX's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $23.15B (high $23.74B, low $22.66B), average EBITDA is $3.71B (high $3.8B, low $3.63B), average net income is $2.94B (high $3.03B, low $2.86B), average SG&A $3.51B (high $3.6B, low $3.43B), and average EPS is $15.41 (high $15.92, low $14.99).

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 $3.14B by 5.39%. The company's net income was $1.06B, missing the average estimation of $2B by -46.89%. Apple's SG&A was $3B, missing the average forecast of $3B by -0.06%. 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 $700.02M by -88.14%. L3Harris's net income was $372M, missing the average estimation of $560.82M by -33.67%. 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%