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L3Harris Technologies, Inc. (LHX)

277.61 -0.82 (-0.29%)
At close: October 30 at 4:00:03 PM EDT
276.26 -1.35 (-0.49%)
After hours: October 30 at 6:58:02 PM EDT
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LHX Q3 2026 earnings call
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29m ago
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L3Harris delivered a strong third quarter, beating revenue and earnings expectations while building a record $53.2 billion backlog. Management raised 2026 revenue and earnings guidance, but increased missile investments reduced the 2028 free-cash-flow target to $3 billion. The company also faces execution, leadership, and potential spinoff questions.

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  • Previous Close 278.43
  • Open 281.11
  • Bid 276.21 x 8000
  • Ask 278.70 x 4000
  • Day's Range 275.30 - 283.71
  • 52 Week Range 232.34 - 379.23
  • Volume 2,479,540
  • Avg. Volume 1,682,768
  • Market Cap (intraday) 51.691B
  • Beta (5Y Monthly) 0.50
  • PE Ratio (TTM) 25.85
  • EPS (TTM) 10.74
  • Earnings Date (est.) Jan 28, 2027
  • Forward Dividend & Yield 5.00 (1.80%)
  • 1y Target Est 327.50
  • Morningstar Rating Rating available with Stock Picks access

L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide. It operates through three segments: Space & Mission Systems (SMS), Communications & Spectrum Dominance (CSD), and Missile Solutions (MSL). The SMS segment integrates satellite and payload capabilities, including missile warning and defense, with maritime, air special missions, and other global defense and civil government programs. Its MSL segment unites propulsion, hypersonic, and other advanced missile technologies. The CSD segment provides tactical radios, software, waveforms, satellite terminals, and end-to-end battlefield systems for the U.S. Department of Defense, international, federal, and state agency customers; broadband communications; integrated vision solutions, such as helmet-mounted integrated night vision goggles with image intensifier tubes and weapon-mounted sights, aiming lasers, and range finders; and public safety radios and system applications and equipment. The company was formerly known as Harris Corporation and changed its name to L3Harris Technologies, Inc. in June 2019. L3Harris Technologies, Inc. was founded in 1895 and is headquartered in Melbourne, Florida.

www.l3harris.com

45,000

Full Time Employees

January 02

Fiscal Year Ends

Industrials

Sector

Recent News

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Performance Overview

Trailing total returns as of 10/30/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

LHX
4.27%
S&P 500 (^GSPC)
10.73%

1-Year Return

LHX
4.62%
S&P 500 (^GSPC)
11.11%

3-Year Return

LHX
68.66%
S&P 500 (^GSPC)
81.91%

5-Year Return

LHX
33.04%
S&P 500 (^GSPC)
64.59%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 6.06B
Earnings 613M
Profit Margin 10.12%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

0
2B
4B
6B
6.0%
7.0%
8.0%
9.0%
10.0%

Analyst Insights

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Analyst Price Targets

241.00 Low
327.50 Average
277.61 Current
443.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/31/2026
Analyst UBS
Rating Action Maintains
Rating Neutral
Price Action Raises
Price Target 264 -> 293

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    8.76%

  • Return on Assets (ttm)

    4.56%

  • Return on Equity (ttm)

    10.03%

  • Revenue (ttm)

    23.33B

  • Net Income Avi to Common (ttm)

    2.01B

  • Diluted EPS (ttm)

    10.74

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    3.02B

  • Total Debt/Equity (mrq)

    51.80%

  • Levered Free Cash Flow (ttm)

    3.43B

Company Insights

Research Reports

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