
L3Harris (LHX) Stock Forecast & Price Target
L3Harris (LHX) Analyst Ratings
Bulls say
L3Harris Technologies has demonstrated a solid financial performance, as evidenced by a backlog of $34.2 billion, signaling sustained demand and growth potential with a book-to-bill ratio of 1.07x for the quarter. The company’s revenue for the fourth quarter of 2024 reached $5.52 billion, reflecting a 3% year-over-year increase, while the Integrated Mission Systems segment showcased particularly robust margins, improving by 150 basis points compared to the previous year. Furthermore, management's commitment to increase cost-savings targets to $1.2 billion by 2026, along with improved operating margins, underlines the company’s strategic focus on enhancing profitability and operational efficiency.
Bears say
L3Harris Technologies faces challenges highlighted by a projected $600 million in revenue for 2026, indicating an unfavorable growth trajectory. The company experienced a 4% decline in SAS revenues, exacerbated by a recent antenna divestiture and decreased volume related to the F-35 program, further complicating its financial outlook. Additionally, the 2025 outlook reveals potential budget timing risks and weakness within the Space segment, which may lead to downward revisions in earnings per share estimates.
This aggregate rating is based on analysts' research of L3Harris and is not a guaranteed prediction by Public.com or investment advice.
L3Harris (LHX) Analyst Forecast & Price Prediction
Start investing in L3Harris (LHX)
Order type
Buy in
Order amount
Est. shares
0 shares