L3Harris (LHX) Stock Forecast, Price Target & Predictions
LHX Stock Forecast
L3Harris stock forecast is as follows: an average price target of $249.00 (represents a 12.09% upside from LHX’s last price of $222.15) 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 $249.00 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $300.00 to $207.00. This represents a potential 12.09% upside from LHX's last price of $222.15.
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%), 11 'Buy' (91.67%), 1 'Hold' (8.33%), 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 |
|---|---|---|---|---|---|---|
| May 07, 2024 | Matthew Akers | Wells Fargo | $245.00 | $214.75 | 14.09% | 10.29% |
| Apr 30, 2024 | David Strauss | Barclays | $245.00 | $217.06 | 12.87% | 10.29% |
| Apr 29, 2024 | Ken Herbert | RBC Capital | $250.00 | $215.63 | 15.94% | 12.54% |
| Apr 22, 2024 | Peter Skibitski | US Capital Advisors | $238.00 | $208.14 | 14.35% | 7.13% |
| Oct 31, 2023 | Peter Arment | Robert W. Baird | $219.00 | $180.12 | 21.59% | -1.42% |
| Oct 30, 2023 | Brian Gesuale | Raymond James | $210.00 | $174.36 | 20.44% | -5.47% |
| Sep 18, 2023 | Jonathan Raviv | Wells Fargo | $193.00 | $175.98 | 9.67% | -13.12% |
| Sep 18, 2023 | Matthew Akers | Wells Fargo | $209.00 | $172.72 | 21.01% | -5.92% |
| Jul 26, 2023 | Peter Arment | Robert W. Baird | $222.00 | $203.33 | 9.18% | -0.07% |
| Mar 27, 2023 | Scott Deuschle | Credit Suisse | $240.00 | $194.68 | 23.28% | 8.04% |
The latest L3Harris stock forecast, released on May 07, 2024 by Matthew Akers from Wells Fargo, set a price target of $245.00, which represents a 14.09% increase from the stock price at the time of the forecast ($214.75), and a 10.29% increase from LHX last price ($222.15).
L3Harris Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 4 | 4 | 9 |
| Avg Price Target | $244.50 | $244.50 | $225.67 |
| Last Closing Price | $222.15 | $222.15 | $222.15 |
| Upside/Downside | 10.06% | 10.06% | 1.58% |
In the current month, the average price target of L3Harris stock is $244.50, according to 4 Wall Street analysts offering twelve months forecast. The average price target represents a 10.06% increase as opposed to L3Harris's last price of $222.15. This month's average price target is down 0.00% compared to last quarter, and up 8.34% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| May 07, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Apr 30, 2024 | Barclays | Overweight | Overweight | Hold |
| Apr 29, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Apr 22, 2024 | Alembic Global | - | Overweight | Upgrade |
| Dec 15, 2023 | Deutsche Bank | - | Buy | Upgrade |
| Oct 31, 2023 | Morgan Stanley | Overweight | Outperform | Upgrade |
| Sep 18, 2023 | Wells Fargo | Equal-Weight | Overweight | Upgrade |
| Jul 26, 2023 | Wolfe Research | Outperform | Peer Perform | Initialise |
| Jul 26, 2023 | Cowen & Co. | Outperform | Outperform | Hold |
| Mar 27, 2023 | Credit Suisse | Outperform | Outperform | Hold |
L3Harris's last stock rating was published by Wells Fargo on May 07, 2024. The company gave LHX a "Overweight" 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 | $6.09B | $5.87B | $5.77B | $5.70B | $5.75B | $5.51B | $5.51B | $5.39B | $5.46B | $5.25B | $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 | $6.20B | $5.97B | $5.87B | $5.80B | $5.85B | $5.61B | $5.61B | $5.48B | $5.56B | $5.30B | $5.34B | $5.15B | $5.36B | $5.43B | $4.45B | $4.33B | $4.42B | $4.48B | $4.30B | $4.25B | $4.60B | $4.64B | $4.74B | $4.67B | $5.01B | $4.60B | $4.57B | $4.70B | $1.91B | $1.77B |
| Low Forecast | $5.94B | $5.72B | $5.62B | $5.56B | $5.61B | $5.37B | $5.37B | $5.25B | $5.32B | $5.19B | $5.16B | $5.02B | $5.22B | $4.54B | $4.26B | $4.15B | $4.23B | $4.29B | $4.12B | $4.01B | $4.34B | $4.38B | $4.48B | $4.41B | $4.73B | $4.34B | $4.31B | $4.44B | $1.80B | $1.67B |
| # Analysts | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 6 | 7 | 13 | 13 | 12 | 12 | 19 | 17 | 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 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 6 | 7 | 13 | 13 | 12 | 12 | 19 | 17 | 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 | $1.14B | $1.09B | $1.08B | $1.06B | $1.07B | $1.03B | $1.03B | $1.01B | $1.02B | $979.31M | $987.95M | $670.60M | $1.07B | $778.04M | $1.03B | $609.64M | $976.77M | $707.31M | $940.52M | $554.22M | $887.97M | $1.64B | $855.02M | $1.65B | $1.77B | $1.62B | $1.61B | $503.83M | $750.61M | $643.01M |
| High Forecast | $1.16B | $1.11B | $1.09B | $1.08B | $1.09B | $1.05B | $1.05B | $1.02B | $1.04B | $988.57M | $995.41M | $804.72M | $1.29B | $933.65M | $1.24B | $731.56M | $1.17B | $848.77M | $1.13B | $665.06M | $1.07B | $1.68B | $1.03B | $1.69B | $1.81B | $1.66B | $1.65B | $604.60M | $900.73M | $771.61M |
| Low Forecast | $1.11B | $1.07B | $1.05B | $1.04B | $1.05B | $1.00B | $1.00B | $980.02M | $992.89M | $968.20M | $961.86M | $536.48M | $859.55M | $622.43M | $827.66M | $487.71M | $781.41M | $565.85M | $752.41M | $443.37M | $710.38M | $1.58B | $684.01M | $1.59B | $1.71B | $1.57B | $1.56B | $403.07M | $600.49M | $514.41M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.08% | 1.19% | 0.89% | 1.11% | 0.88% | 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 $778.04M, with a high of $933.65M and a low of $622.43M. This is 837.40% 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 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 6 | 7 | 13 | 13 | 12 | 12 | 19 | 17 | 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 | $837.19M | $767.73M | $749.44M | $709.62M | $740.80M | $684.64M | $663.38M | $636.91M | $666.71M | $617.81M | $602.63M | $268.98M | $578.45M | $475.47M | $485.54M | $244.53M | $525.87M | $432.24M | $441.40M | $222.30M | $478.06M | $605.11M | $401.27M | $561.81M | $587.48M | $521.60M | $497.02M | $202.09M | $383.10M | $392.95M |
| High Forecast | $855.92M | $784.90M | $766.20M | $725.49M | $757.37M | $699.95M | $678.22M | $651.16M | $681.62M | $632.97M | $615.98M | $322.78M | $694.15M | $570.56M | $582.65M | $293.44M | $631.04M | $518.69M | $529.68M | $266.76M | $573.67M | $625.21M | $481.53M | $580.47M | $606.99M | $538.92M | $513.53M | $242.51M | $459.73M | $471.54M |
| Low Forecast | $809.55M | $742.38M | $724.70M | $686.19M | $716.35M | $662.04M | $641.48M | $615.89M | $644.70M | $606.44M | $587.38M | $215.19M | $462.76M | $380.38M | $388.43M | $195.62M | $420.69M | $345.80M | $353.12M | $177.84M | $382.45M | $579.68M | $321.02M | $538.20M | $562.79M | $499.68M | $476.13M | $161.67M | $306.48M | $314.36M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.77% | 1.38% | 0.79% | -0.70% | 1.07% | 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 $475.47M, with a range of $380.38M to $570.56M. LHX's average Quarter net income forecast represents a 27.81% 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 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 6 | 7 | 13 | 13 | 12 | 12 | 19 | 17 | 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 | $923.12M | $888.89M | $874.13M | $864.05M | $871.16M | $834.73M | $835.04M | $816.63M | $827.36M | $795.32M | $802.33M | $1.00B | $950.15M | $1.11B | $1.05B | $911.64M | $863.77M | $1.01B | $952.27M | $828.76M | $785.25M | $1.56B | $865.70M | $1.57B | $1.69B | $1.55B | $1.54B | $753.42M | $904.63M | $915.05M |
| High Forecast | $939.00M | $904.19M | $889.17M | $878.91M | $886.15M | $849.09M | $849.41M | $830.68M | $841.59M | $802.83M | $808.39M | $1.20B | $1.14B | $1.33B | $1.26B | $1.09B | $1.04B | $1.21B | $1.14B | $994.51M | $942.29M | $1.60B | $1.04B | $1.61B | $1.73B | $1.59B | $1.58B | $904.10M | $1.09B | $1.10B |
| Low Forecast | $899.68M | $866.32M | $851.93M | $842.10M | $849.04M | $813.53M | $813.84M | $795.89M | $806.35M | $786.30M | $781.14M | $802.24M | $760.12M | $885.77M | $838.00M | $729.31M | $691.02M | $805.24M | $761.82M | $663.01M | $628.20M | $1.51B | $692.56M | $1.52B | $1.63B | $1.50B | $1.49B | $602.74M | $723.71M | $732.04M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.75% | 0.85% | 0.89% | 0.74% | 0.78% | 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 $1.11B, based on 19 Wall Street analysts, with a range of $885.77M to $1.33B. The forecast indicates a 41.41% rise 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 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 6 | 7 | 13 | 13 | 12 | 12 | 19 | 17 | 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 | $4.39 | $4.02 | $3.93 | $3.72 | $3.88 | $3.59 | $3.48 | $3.34 | $3.49 | $3.24 | $3.16 | $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 | $4.49 | $4.11 | $4.02 | $3.80 | $3.97 | $3.67 | $3.55 | $3.41 | $3.57 | $3.32 | $3.23 | $2.96 | $3.42 | $3.19 | $3.01 | $2.92 | $3.33 | $3.47 | $3.25 | $3.16 | $3.37 | $3.29 | $3.28 | $3.05 | $3.19 | $2.83 | $2.70 | $2.69 | $2.52 | $2.18 |
| Low Forecast | $4.24 | $3.89 | $3.80 | $3.60 | $3.75 | $3.47 | $3.36 | $3.23 | $3.38 | $3.18 | $3.08 | $2.83 | $3.24 | $2.83 | $2.85 | $2.76 | $3.15 | $3.28 | $3.07 | $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 | $182.96 | $220.92 | 20.75% | Buy |
| LHX | L3Harris | $222.09 | $249.00 | 12.12% | Buy |
| NOC | Northrop Grumman | $470.69 | $482.73 | 2.56% | Buy |
| LMT | Lockheed Martin | $464.83 | $467.25 | 0.52% | Buy |
| RTX | Raytheon | $104.24 | $103.60 | -0.61% | Hold |
| HXL | Hexcel | $72.44 | $70.33 | -2.91% | Buy |
| CW | Curtiss-Wright | $276.57 | $265.50 | -4.00% | Buy |
| HII | Huntington Ingalls Industries | $256.16 | $244.83 | -4.42% | Hold |
| GD | General Dynamics | $295.75 | $276.17 | -6.62% | 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 11 'Buy' recommendations, accounting for 91.67% of LHX's total ratings.
What is LHX's price target?
L3Harris (LHX) average price target is $249 with a range of $207 to $300, implying a 12.09% from its last price of $222.15. 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 12.09% (from the last price of $222.15 to the average price target of $249), up by 35.04% based on the highest stock price target, and down by -6.82% based on the lowest stock price target.
Can L3Harris stock reach $300?
LHX's average twelve months analyst stock price target of $249 does not support the claim that L3Harris can reach $300 in the near future.
What is L3Harris's current price target trend?
4 Wall Street analysts forecast a $244.5 price target for L3Harris (LHX) this month, up 10.06% from its last price of $222.15. Compared to the last 3 and 12 months, the average price target increased by 10.06% and increased by 1.58%, 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 $22.17B (high $22.55B, low $21.6B), average EBITDA is $4.13B (high $4.21B, low $4.03B), average net income is $2.73B (high $2.79B, low $2.64B), average SG&A $3.36B (high $3.42B, low $3.27B), and average EPS is $14.29 (high $14.61, low $13.81). LHX's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $23.44B (high $23.84B, low $22.84B), average EBITDA is $4.37B (high $4.45B, low $4.26B), average net income is $3.06B (high $3.13B, low $2.96B), average SG&A $3.55B (high $3.61B, low $3.46B), and average EPS is $16.06 (high $16.42, low $15.53).
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 $3.18B by 4.13%. The company's net income was $1.06B, missing the average estimation of $1.62B by -34.52%. Apple's SG&A was $3B, missing the average forecast of $3.65B by -17.89%. 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 $1.03B by -91.98%. L3Harris's net income was $372M, missing the average estimation of $485.54M by -23.38%. The company's SG&A was $783M, missing the average forecast of $1.05B by -25.25%. Lastly, the company's EPS was $1.97, missing the average prediction of $2.94 by -33.08%