L3Harris Technologies (LHX) Stock Forecast & Price Target

$220.02 -2.84 (-1.27%)

As of 01/22/2025 03:59 PM Eastern

L3Harris Technologies - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 16 Analyst Ratings

Sell
0

Hold
5

Buy
11

Based on 16 Wall Street analysts who have issued ratings for L3Harris Technologies in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 16 analysts, 5 have given a hold rating, and 11 have given a buy rating for LHX.

Consensus Price Target

$266.19
20.98% Upside

According to the 16 analysts' twelve-month price targets for L3Harris Technologies, the average price target is $266.19. The highest price target for LHX is $300.00, while the lowest price target for LHX is $229.00. The average price target represents a forecasted upside of 20.98% from the current price of $220.02.

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LHX Analyst Ratings Over Time

Type	Current Forecast 1/24/24 to 1/23/25	1 Month Ago 12/25/23 to 12/24/24	3 Months Ago 10/26/23 to 10/25/24	1 Year Ago 1/24/23 to 1/24/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	11 Buy rating(s)	11 Buy rating(s)	10 Buy rating(s)	11 Buy rating(s)
Hold	5 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$266.19	$269.13	$256.71	$227.73
Forecasted Upside	20.98% Upside	26.16% Upside	1.60% Upside	11.50% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

LHX Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

LHX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

L3Harris Technologies Stock vs. The Competition

Type	L3Harris Technologies	Aerospace Companies	S&P 500
Consensus Rating Score	2.69	2.65	2.52
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	20.98% Upside	28.07% Upside	11.76% Upside
News Sentiment Rating	Positive News See Recent LHX News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
1/16/2025	JPMorgan Chase & Co. 3 of 5 stars	Seth Seifman Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$270.00 ➝ $265.00	+23.81%
1/14/2025	Truist Financial 2 of 5 stars	Michael Ciarmoli Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$300.00 ➝ $283.00	+31.31%
1/8/2025	Susquehanna 2 of 5 stars		Lower Target	Positive ➝ Positive	$300.00 ➝ $258.00	+25.87%
1/8/2025	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Harned Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Market Perform ➝ Outperform	$289.00 ➝ $267.00	+31.42%
1/6/2025	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$290.00 ➝ $255.00	+23.92%
1/2/2025	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold ➝ Hold	$250.00 ➝ $229.00	+8.90%
1/2/2025	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Gesuale Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform
12/11/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$295.00 ➝ $287.00	+25.75%
11/26/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Eade Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy	$300.00	+24.67%
10/31/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$240.00 ➝ $300.00	+22.18%
Get the Latest News and Ratings for LHX and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for L3Harris Technologies and its competitors with MarketBeat's FREE daily newsletter.
10/28/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	K. Herbert Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Sector Perform ➝ Sector Perform	$240.00 ➝ $265.00	+5.73%
10/10/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$268.00 ➝ $291.00	+20.19%
10/10/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Walton Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Peer Perform ➝ Outperform	$300.00	+23.80%
8/9/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Equal Weight	$275.00 ➝ $257.00	+11.44%
4/22/2024	Alembic Global Advisors Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Overweight	$238.00	+15.84%
1/29/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$222.00 ➝ $229.00	+8.96%
10/31/2023	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Outperform	$198.00 ➝ $216.00	+23.88%
8/11/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$162.00 ➝ $164.00	-12.74%
7/31/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$260.00 ➝ $250.00	+29.74%
5/1/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$240.00 ➝ $234.00	+19.91%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 04:49 AM ET.

Should I Buy L3Harris Technologies Stock? LHX Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, January 19, 2025. Please send any questions or comments about these L3Harris Technologies pros and cons to contact@marketbeat.com.

L3Harris Technologies
Bull Case

Here are some ways that investors could benefit from investing in L3Harris Technologies, Inc.:

The company reported earnings per share (EPS) of $3.34 for the latest quarter, exceeding analysts' expectations of $3.27, indicating strong financial performance.
With a revenue of $5.29 billion for the quarter, which is a 7.7% increase year-over-year, L3Harris Technologies, Inc. demonstrates solid growth potential.
The current stock price is approximately $247.93, which is within a range that reflects a healthy market position, especially considering its 52-week high of $265.74.
L3Harris Technologies, Inc. has a return on equity of 13.11%, suggesting effective management and profitability relative to shareholder equity.
Institutional investors own 84.76% of the company's stock, indicating strong confidence from large financial entities in the company's future prospects.

L3Harris Technologies
Bear Case

Investors should be bearish about investing in L3Harris Technologies, Inc. for these reasons:

The company has a relatively high P/E ratio of 33.91, which may suggest that the stock is overvalued compared to its earnings, potentially limiting future price appreciation.
Insider selling has been noted, with a significant transaction where an insider sold 2,988 shares, which could indicate a lack of confidence in the stock's short-term performance.
The net margin of 5.71% is relatively low, which may raise concerns about the company's ability to convert revenue into actual profit effectively.
Recent fluctuations in stock price could indicate volatility, which may deter risk-averse investors looking for stable investments.
With a beta of 0.75, the stock is less volatile than the market, which might not appeal to investors seeking high-growth opportunities.

LHX Forecast - Frequently Asked Questions

: According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for L3Harris Technologies is $266.19, with a high forecast of $300.00 and a low forecast of $229.00.
: 16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for L3Harris Technologies in the last twelve months. There are currently 5 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" LHX shares.
: According to analysts, L3Harris Technologies's stock has a predicted upside of 20.98% based on their 12-month stock forecasts.
: Over the previous 90 days, L3Harris Technologies's stock had 3 upgrades and 1 downgrade by analysts.
: L3Harris Technologies has been rated by research analysts at Argus, Bank of America, Barclays, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Raymond James, Royal Bank of Canada, Sanford C. Bernstein, Susquehanna, Truist Financial, and Wells Fargo & Company in the past 90 days.
: Analysts like L3Harris Technologies more than other "aerospace" companies. The consensus rating score for L3Harris Technologies is 2.69 while the average consensus rating score for "aerospace" companies is 2.65. Learn more on how LHX compares to other companies.

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This page (NYSE:LHX) was last updated on 1/23/2025 by MarketBeat.com Staff

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L3Harris Technologies (LHX) Stock Forecast & Price Target