L3Harris Technologies, Inc. (LHX)
NYSE: LHX · IEX Real-Time Price · USD
229.41
-13.86 (-5.70%)
Jul 26, 2024, 4:00 PM EDT - Market closed
L3Harris Technologies Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for LHX stock have an average target of 237.86, with a low estimate of 210 and a high estimate of 257. The average target predicts an increase of 3.68% from the current stock price of 229.41.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for LHX stock from 14 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
---|---|---|---|---|---|---|
Strong Buy | 4 | 4 | 4 | 4 | 4 | 3 |
Buy | 5 | 5 | 7 | 7 | 7 | 7 |
Hold | 3 | 3 | 3 | 3 | 3 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 12 | 12 | 14 | 14 | 14 | 14 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Deutsche Bank | Deutsche Bank | Strong Buy → Hold Downgrades $245 → $257 | Strong Buy → Hold | Downgrades | $245 → $257 | +12.03% | Jul 26, 2024 |
Wells Fargo | Wells Fargo | Buy Maintains $238 → $245 | Buy | Maintains | $238 → $245 | +6.80% | May 7, 2024 |
JP Morgan | JP Morgan | Buy Maintains $240 → $250 | Buy | Maintains | $240 → $250 | +8.98% | May 1, 2024 |
Barclays | Barclays | Buy Maintains $238 → $245 | Buy | Maintains | $238 → $245 | +6.80% | Apr 30, 2024 |
RBC Capital | RBC Capital | Buy Maintains $245 → $250 | Buy | Maintains | $245 → $250 | +8.98% | Apr 29, 2024 |
Financial Forecast
Revenue This Year
21.43B
from 19.42B
Increased by 10.34%
Revenue Next Year
22.31B
from 21.43B
Increased by 4.14%
EPS This Year
13.08
from 6.44
Increased by 103.16%
EPS Next Year
14.34
from 13.08
Increased by 9.64%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 22.6B | 23.7B | 24.8B | 26.3B | 27.6B |
Avg | 21.4B | 22.3B | 23.3B | 24.6B | 26.2B |
Low | 20.6B | 21.3B | 22.2B | 23.3B | 25.0B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 16.6% | 10.8% | 11.1% | 12.6% | 12.2% |
Avg | 10.3% | 4.1% | 4.5% | 5.6% | 6.3% |
Low | 6.2% | -0.5% | -0.6% | -0.1% | 1.5% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 13.80 | 15.38 | 17.50 | 17.56 | 19.36 |
Avg | 13.08 | 14.34 | 15.92 | 16.69 | 18.62 |
Low | 12.43 | 13.34 | 14.44 | 15.99 | 18.07 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 114.2% | 17.6% | 22.0% | 10.3% | 16.0% |
Avg | 103.2% | 9.6% | 11.0% | 4.8% | 11.6% |
Low | 93.0% | 1.9% | 0.6% | 0.5% | 8.3% |
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.