NYSE · LHX
L3Harris Technologies, Inc.
Industrials · Aerospace & Defense
$256.47▲ 0.99% ($2.51)today
As of 10:05 AM ET
Valuation
Cash-flow DCF
Verdict: fairly priced. Price between Bear and Base.
The price needs 5.0% free cash flow growth a year for 5 years. Our scenarios assume −6.4–23.6%.
That's below its past 10-year pace of 8.6%.
Value per share
Base case
$309.71
Price used $256.47 is 17% below this
USD · TTM ending Jul 3, 2026 · Price Oct 26, 2:05 PM UTC
Free cash flow each value needs
Free cash flow today $2.1B. The price needs $3.4B by 2036. Base case: $4.1B. At its recent pace: $4.9B. Bear to Bull: $1.8B to $11.4B.
Free cash flow today $2.1B. The price needs $3.4B by 2036. Base case: $4.1B. At its recent pace: $4.9B. Bear to Bull: $1.8B to $11.4B.
Free cash flow in 2036
today $2.1B
−$634Mless than the Base case
Value per share · Base case
$309.71
Price $256.47
17% below this
- Stage 1 growth, yrs 1–5
- 8.6%
- Stage 2 growth, yrs 6–10
- 4.7%
- Discount rate
- 7.4%
USD · TTM ending Jul 3, 2026 · Price Oct 26, 2:05 PM UTC
What each scenario assumes. Click a column to start from it.
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock fell 11.91% over the last year. Revenue grew 7.29% over the trailing twelve months. Operating margin moved from 11.05% to 10.04%. Free cash flow grew 29.76% over the trailing twelve months.
What the market seems to be pricing
The stock has moved lower against modestly improving underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 10.04%. A decisive move in revenue — currently up 7.29% — would be the clearest signal to resolve the ambiguity.
Return analysis
Company profile
L3Harris Technologies, Inc. is a prominent technology firm specializing in aerospace and defense, delivering vital, high-stakes solutions to governmental and commercial clients across the globe.
Market multiples
Stock splits
Every 1181 shares became 1250
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Profitability & growth
Analyst consensus
25
Buy
7
Hold
2
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Actuals vs estimates by quarter, or any quarter against the same one a year earlier.
Next report
Oct 29, 2026
Q3 FY26 · EPS est $2.95 · Revenue est $5.9B
Same quarter, year over year
FY26 YTD +12.7%Each cell vs the same quarter a year earlier (the cell below) · Q1–Q2 combined $5.85 vs $5.19 · all 2 quarters up
Q1
Q2
Q3
Q4
FY total
FY26
—
—
FY25
FY24
FY23
—
—
—
Fiscal year totals
- FY25
- $10.75
- -18.0%
- FY24
- $13.11
- —
Q2 FY26
Reported Jul 29, 2026 · Latest
HoverTap a cell to inspect
Actual
$3.13
Estimate
$2.80
Year over year
+12.6%
Vs prior quarter
+15.1%
Institutional Sentiment
L3Harris Technologies, Inc. · LHX
From Form 13F filings (managers with $100M+). Filings land up to 45 days after quarter end — read this as positioning context, not live fund flow.