L3Harris Technologies, Inc. (LHX)
NYSE: LHX · IEX Real-Time Price · USD
218.96
-4.29 (-1.92%)
May 28, 2024, 3:59 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 236.64, with a low estimate of 210 and a high estimate of 250. The average target predicts an increase of 8.07% from the current stock price of 218.96.

Analyst Consensus: Buy
Target Low Average Median High
Price $210 $236.64 $245 $250
Change -4.09% +8.07% +11.89% +14.18%

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 Dec '23Jan '24Feb '24Mar '24Apr '24May '24
Strong Buy 444444
Buy 775577
Hold 233333
Sell 000000
Strong Sell 000000
Total 131412121414

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Wells Fargo
Wells Fargo
Buy
Maintains
$238$245
Buy Maintains $238$245 +11.89% May 7, 2024
JP Morgan
JP Morgan
Buy
Maintains
$240$250
Buy Maintains $240$250 +14.18% May 1, 2024
Barclays
Barclays
Buy
Maintains
$238$245
Buy Maintains $238$245 +11.89% Apr 30, 2024
RBC Capital
RBC Capital
Buy
Maintains
$245$250
Buy Maintains $245$250 +14.18% Apr 29, 2024
Alembic Global
Alembic Global
Buy
Upgrades
$238
Buy Upgrades $238 +8.70% Apr 22, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
21.43B
from 19.42B
Increased by 10.34%
Revenue Next Year
22.31B
from 21.43B
Increased by 4.13%
EPS This Year
13.08
from 6.44
Increased by 103.16%
EPS Next Year
14.34
from 13.08
Increased by 9.59%
Year 2019202020212022202320242025202620272028
Revenue
6.80B18.19B17.81B17.06B19.42B21.43B22.31B23.35B24.62B26.17B
Revenue Growth
10.26%167.52%-2.09%-4.22%13.81%10.34%4.13%4.63%5.47%6.27%
EPS
7.865.199.095.496.4413.0814.3415.9416.6918.62
EPS Growth
36.46%-33.97%75.14%-39.60%17.30%103.16%9.59%11.17%4.68%11.62%
No. Analysts -----27261632
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
High
16.6%
10.8%
11.1%
12.5%
12.2%
Avg
10.3%
4.1%
4.6%
5.5%
6.3%
Low
6.2%
-0.5%
-0.6%
-0.2%
1.5%

EPS Forecast

EPS 20242025202620272028
High 13.80 15.38 17.50 17.56 19.36
Avg 13.08 14.34 15.94 16.69 18.62
Low 12.43 13.34 14.44 15.99 18.07

EPS Growth

EPS Growth 20242025202620272028
High
114.2%
17.6%
22.1%
10.1%
16.0%
Avg
103.2%
9.6%
11.2%
4.7%
11.6%
Low
93.0%
1.9%
0.7%
0.3%
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.