L3Harris Technologies, Inc. (LHX) Price Target Analysis
Updated Jul 2, 2026
Analyst Rating: Buy
Based on 32 analysts15.3% Below Target
LHX trades 15.3% below Wall Street's consensus target of $347.33.
Current Price$301.27
Average Target$347.33
Target
Current
Low$323.00
Median$355.00
High$364.00
Analyst Target Range
Forward P/E25.9x
(Growth Premium)
PEG Ratio2.47
(Pricey)
Implied Growth+26.3%
(High Growth)
Analyst Spread11.8%
(High Agreement)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes LHX achieves its forward estimates and maintains a stable P/E multiple of 25.9x. This scenario reflects the blended consensus of 32 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
LHX Price Target Analysis
Updated July 7, 2026As of July 7, 2026, L3Harris Technologies, Inc. (LHX) has a Wall Street consensus price target of $347.33, based on estimates from 32 covering analysts. With the stock currently trading at $301.27, this represents a potential upside of +15.3%. The company has a market capitalization of $56.27B.
Analyst price targets range from a low of $323.00 to a high of $364.00, representing a 12% spread in expectations. The median target of $355.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 24 analysts rating the stock as a Buy or Strong Buy,6 rating it Hold, and 2 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, LHX trades at a trailing P/E of 35.3x and forward P/E of 25.9x. The forward PEG ratio of 2.47 reflects a premium valuation. Analysts expect EPS to grow +26.3% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $415.98, with bear and bull scenarios of $262.07 and $548.09 respectively. Model confidence stands at 54/100, reflecting moderate uncertainty in projections.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Industrials stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+25.3%
Industry Consensus
Avg Forward P/E
19.1x
(Fair)
Peers with Coverage
10 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 RTXRTX Corporation | $271.2B | $201.37 | $224.33 | +11.4% | Buy | 29.0x | 26 |
 NOCNorthrop Grumman Corporation | $77.8B | $547.75 | $730.58 | +33.4% | Buy | 19.6x | 35 |
 LMTLockheed Martin Corporation | $124.0B | $538.00 | $632.89 | +17.6% | Buy | 18.0x | 37 |
 GDGeneral Dynamics Corporation | $101.9B | $376.88 | $411.33 | +9.1% | Buy | 22.6x | 34 |
 BAThe Boeing Company | $184.9B | $234.54 | $281.56 | +20.0% | Buy | — | 54 |
 HIIHuntington Ingalls Industries, Inc. | $11.6B | $294.10 | $420.00 | +42.8% | Hold | 17.0x | 27 |
 LDOSLeidos Holdings, Inc. | $13.7B | $108.72 | $174.14 | +60.2% | Buy | 9.2x | 27 |
 BAHBooz Allen Hamilton Holding Corporation | $7.5B | $62.31 | $89.50 | +43.6% | Buy | 10.3x | 21 |
 SAICScience Applications International Corporation | $4.8B | $114.70 | $111.75 | -2.6% | Hold | 11.4x | 18 |
 DRSLeonardo DRS, Inc. | $12.1B | $45.37 | $53.33 | +17.5% | Buy | 35.2x | 9 |
LHX — Frequently Asked Questions
Quick answers to the most common questions about buying LHX stock.
What is the LHX stock price target for 2026?
L3Harris Technologies, Inc. (LHX) has a consensus 12-month price target of $347.33, implying 15.3% upside from $301.27. The 32 analysts covering LHX see moderate appreciation potential.
Is LHX a buy, sell, or hold?
LHX has a consensus rating of "Buy" based on 32 Wall Street analysts. The rating breakdown is predominantly bullish, with 24 Buy/Strong Buy ratings. The consensus 12-month price target of $347.33 implies 15.3% upside from current levels.
Is LHX stock overvalued or undervalued?
LHX trades at a forward P/E of 25.9161x, representing a moderate valuation. With analysts targeting $347.33 (15.3% implied move), the stock appears reasonably valued with upside.
How high can LHX stock go?
The most bullish Wall Street analyst has a price target of $364 for LHX, while the most conservative target is $323. The consensus of $347.33 represents the median expectation. Our quantitative valuation model projects a bull case target of $548 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover LHX stock?
LHX is heavily covered by Wall Street, with 32 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 24 have Buy ratings, 6 recommend Hold, and 2 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the LHX stock forecast?
The 12-month LHX stock forecast based on 32 Wall Street analysts shows a consensus price target of $347.33, with estimates ranging from $323 (bear case) to $364 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $416, with bear/bull scenarios of $262/$548.
What is LHX's fair value based on fundamentals?
Our quantitative valuation model calculates LHX's fair value at $416 (base case), with a bear case of $262 and bull case of $548. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 54/100.
What is LHX's forward P/E ratio?
LHX trades at a forward P/E ratio of 25.9x based on next-twelve-months earnings estimates compared to a trailing P/E of 35.3x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy LHX stock?
Wall Street analysts are optimistic on LHX, with a "Buy" consensus rating and $347.33 price target (15.3% upside). 24 of 32 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do LHX price targets vary so much?
LHX analyst price targets range from $323 to $364, a 12% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $347.33 consensus represents the middle ground. Our model's $262-$548 range provides an independent fundamental perspective.
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