L3Harris Technologies, Inc. (LHX)
NYSE: LHX · Real-Time Price · USD
247.92
+3.56 (1.45%)
Nov 21, 2024, 3:34 PM EST - Market open
L3Harris Technologies Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for LHX stock have an average target of 270.46, with a low estimate of 235 and a high estimate of 300. The average target predicts an increase of 9.09% from the current stock price of 247.92.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for LHX stock from 13 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 2 | 2 | 2 | 3 | 3 |
| Buy | 7 | 8 | 7 | 7 | 7 | 7 |
| Hold | 3 | 4 | 5 | 5 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 14 | 14 | 14 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $240 → $300 | Hold → Strong Buy | Upgrades | $240 → $300 | +21.01% | Oct 31, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $260 → $295 | Buy | Maintains | $260 → $295 | +18.99% | Oct 28, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $240 → $265 | Hold | Maintains | $240 → $265 | +6.89% | Oct 28, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $293 → $300 | Strong Buy | Maintains | $293 → $300 | +21.01% | Oct 28, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $250 → $293 | Strong Buy | Maintains | $250 → $293 | +18.19% | Oct 18, 2024 |
Financial Forecast
Revenue This Year
21.51B
from 19.42B
Increased by 10.77%
Revenue Next Year
22.30B
from 21.51B
Increased by 3.65%
EPS This Year
13.23
from 6.44
Increased by 105.39%
EPS Next Year
14.53
from 13.23
Increased by 9.88%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.5B | 23.7B | 25.3B | ||
| Avg | 21.5B | 22.3B | 23.4B | ||
| Low | 20.7B | 21.1B | 22.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.0% | 10.3% | 13.4% | ||
| Avg | 10.8% | 3.6% | 4.8% | ||
| Low | 6.8% | -1.8% | -0.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.81 | 15.82 | 17.59 | ||
| Avg | 13.23 | 14.53 | 16.03 | ||
| Low | 12.77 | 13.70 | 14.63 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 114.5% | 19.6% | 21.0% | ||
| Avg | 105.4% | 9.9% | 10.3% | ||
| Low | 98.3% | 3.6% | 0.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.