Added to YB: 2026-09-14
Pitch date: 2026-09-11
LHX [bullish]
L3Harris Technologies, Inc.
Author Info
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Company Info
L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide.
Market Cap
$46.6B
Pitch Price
N/A
Price Target
300.00
Dividend
2.00%
EV/EBITDA
13.23
P/E
25.30
EV/Sales
2.49
Sector
Aerospace and Defense
Category
value
L3Harris Just Hit a 52-Week Low. Is it a Buy?
LHX (hold): The existing 0.42% position, up 39%, was not increased pending further diligence. L3Harris has fallen roughly one-third from its highs despite a $42B record backlog, 1.2x book-to-bill, 37% free-cash-flow growth and reaffirmed guidance after the CEO’s removal. Preliminary multiples-based work suggests $270-$300 fair value, with a $285 base case, but relies partly on derived figures and an uncertain valuation for missile unit Axyv.
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