Update shared on 24 Nov 2025
Fair value Decreased 0.036%The consensus analyst price target for L3Harris Technologies increased from $320 to $350. Analysts cite the company's strong positioning for future contract awards and recent improvements in the aerospace and defense sector outlook as key factors supporting the upward revision.
Analyst Commentary
Recent Street research on L3Harris Technologies highlights both positive and cautious perspectives as analysts have updated their models and views following the company’s latest quarterly results and broader aerospace and defense sector trends.
Bullish Takeaways- Bullish analysts have raised their price targets, reflecting improved confidence in L3Harris Technologies' medium-term growth prospects and strong execution in recent quarters.
- L3Harris is considered well positioned for upcoming contract awards, which supports optimistic expectations for future revenue generation and order backlog expansion.
- Continued strength in commercial passenger travel and aircraft aftermarket demand are viewed as positive tailwinds for the company’s aerospace segment performance.
- Upward revisions in the sector outlook and favorable positioning among MAX-exposed suppliers further reinforce the company's growth trajectory.
- Some analysts remain cautious due to ongoing uncertainties about defense spending, particularly with the prospect of a government shutdown that could affect contract timing and outlook into FY26.
- The defense segment is described as somewhat nuanced, indicating execution risk as the company navigates variable macro and sector-specific headwinds.
- While aircraft production sentiment is improving, challenges in the broader supply chain and the possibility of new delays continue to warrant close monitoring.
What's in the News
- The Pentagon is urging missile manufacturers, including L3Harris Technologies, to double or even quadruple production rates in preparation for potential future conflicts with China (The Wall Street Journal).
- Defense Secretary Pete Hegseth has called an urgent meeting of top U.S. military commanders, and L3Harris Technologies is named among key publicly traded defense contractors that could be impacted (The Washington Post).
- L3Harris Technologies is scheduled to report earnings soon, with an analyst consensus estimate of $2.57 per share (Periodicals).
- A former L3Harris executive pleaded guilty to selling government-exclusive zero-day exploits to a Russian broker over several years in exchange for millions in cryptocurrency (Cyberscoop).
Valuation Changes
- The Fair Value Estimate has remained nearly unchanged, at approximately $334 per share.
- The Discount Rate has increased slightly, moving from 7.83% to 7.94%.
- The Revenue Growth Projection has risen modestly, from 5.41% to 5.50% on an annualized basis.
- The Net Profit Margin forecast has edged down just slightly, from 11.01% to 10.97%.
- The Future P/E Ratio estimate has increased from 26.75x to 27.45x, reflecting a marginally higher earnings valuation multiple.
Disclaimer
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