L3Harris Technologies, Inc. (LHX)
NYSE: LHX · IEX Real-Time Price · USD
223.79
+0.22 (0.10%)
May 20, 2024, 1:07 PM EDT - Market open
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 5.74% from the current stock price of 223.79.
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 7 | 7 | 5 | 5 | 7 | 7 |
| Hold | 2 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 14 | 12 | 12 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Maintains $238 → $245 | Buy | Maintains | $238 → $245 | +9.48% | May 7, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $240 → $250 | Buy | Maintains | $240 → $250 | +11.71% | May 1, 2024 |
| Barclays | Barclays | Buy Maintains $238 → $245 | Buy | Maintains | $238 → $245 | +9.48% | Apr 30, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $245 → $250 | Buy | Maintains | $245 → $250 | +11.71% | Apr 29, 2024 |
| Alembic Global | Alembic Global | Hold → Buy Upgrades $238 | Hold → Buy | Upgrades | $238 | +6.35% | Apr 22, 2024 |
Financial Forecast
Revenue This Year
21.40B
from 19.42B
Increased by 10.20%
Revenue Next Year
22.31B
from 21.40B
Increased by 4.27%
EPS This Year
12.85
from 6.44
Increased by 99.49%
EPS Next Year
14.24
from 12.85
Increased by 10.82%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.5B | 23.5B | 25.0B | 26.3B | 27.6B |
| Avg | 21.4B | 22.3B | 23.4B | 24.6B | 26.2B |
| Low | 20.5B | 21.3B | 22.1B | 23.3B | 25.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.7% | 10.0% | 11.8% | 12.2% | 12.2% |
| Avg | 10.2% | 4.3% | 4.9% | 5.2% | 6.3% |
| Low | 5.5% | -0.3% | -1.0% | -0.5% | 1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.87 | 15.35 | 17.49 | 17.56 | 19.36 |
| Avg | 12.85 | 14.24 | 15.91 | 16.69 | 18.62 |
| Low | 12.23 | 13.33 | 14.38 | 15.99 | 18.07 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 115.4% | 19.5% | 22.9% | 10.3% | 16.0% |
| Avg | 99.5% | 10.8% | 11.8% | 4.9% | 11.6% |
| Low | 89.9% | 3.7% | 1.0% | 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.