77/100BL3Harris Technologies stock forecast 2027–2031What is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Analysts' average 12-month price target for L3Harris Technologies is 337.00, 23.7% above the current price of 272.43. Their targets range from 293.00 to 375.00.
Of the 11 firms that rated L3Harris Technologies in the past 12 months, 8 rate it buy or strong buy, 3 hold and 0 sell or strong sell (each firm at its latest rating): a Buy consensus.
Analysts' 1-year price targets range from 293.00 to 375.00, with an average of 337.00.
| Buy | 8 | |
| Hold | 3 | |
| Sell | 0 |
12-month price target
| Highest target | 375.00 |
| Average target | 337.00 |
| Lowest target | 293.00 |
| Current price | 272.43 |
L3Harris Technologies price target historyWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Have analysts recently raised or lowered their L3Harris Technologies price target and rating?
How analysts rate L3Harris Technologies, month by monthWhat is the analyst rating? The analyst rating sums up what the analysts covering a stock recommend, from strong buy to strong sell, by the share of them rating it a buy.
8 of 11 firms rate it buy now, against 12 of 16 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
L3Harris Technologies analyst upgrades, downgrades and price targets
The latest rating change came on 16 December 2025, when Morgan Stanley upgraded L3Harris Technologies from Equal Weight to Overweight. Its price target is 367.00, from 350.00. The most recent new target came from Wells Fargo on 3 November 2026: 375.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 3 Nov 2026 | Wells Fargo | — | 375.00 | — | 278.96 |
| 30 Oct 2026 | UBS Gavin Parsons | Reiterated · Neutral | 323.00 → 293.00 | -9.3% | 278.43 |
| 14 Sept 2026 | Guggenheim | — | 365.00 | — | 248.93 |
| 26 Aug 2026 | Jefferies | — | 315.00 | — | 262.17 |
| 14 Jan 2026 | UBS Gavin Parsons | — | 323.00 | — | 343.92 |
| 14 Jan 2026 | Truist Financial Michael Ciarmoli | — | 364.00 | — | 343.76 |
| 13 Jan 2026 | Vertical Research Robert Stallard | — | 355.00 | — | 350.48 |
| 16 Dec 2025 | Morgan Stanley | Upgraded · Equal Weight → Overweight | 350.00 → 367.00 | +4.9% | 288.50 |
L3Harris Technologies EPS and revenue estimatesWhat are estimate revisions? Estimate revisions are the changes analysts make to their EPS and revenue forecasts for the years ahead. They show whether expectations are rising or falling.
Analysts expect L3Harris Technologies's EPS to grow 16.9% a year until 2028. Over the last 5 years it grew 10.5% a year, and over the last 3 years 15.8%.
Analysts expect L3Harris Technologies's revenue to grow 5.0% a year until 2028. Over the last 5 years it grew 3.7% a year, and over the last 3 years 8.6%.
Revenue
EPS
Does L3Harris Technologies beat earnings estimates?What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
On average, analysts' EPS estimate was 5.6% off the result, either way, and their revenue estimate 2.0%, over the last 12 quarters.
- EPS beats
- 111 / 136
- Revenue beats
- 94 / 114
- Average EPS surprise, last 12What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
- +5.6%
- Since
- January 1993
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q3 FY2027 | 29 Oct 2026 | 2.95 | 3.28 | +11.2% | 5.92B | 6.06B | +2.4% |
| Q2 FY2027 | 29 Jul 2026 | 2.80 | 3.13 | +11.8% | 5.81B | 5.88B | +1.2% |
| Q1 FY2027 | 30 Apr 2026 | 2.53 | 2.72 | +7.5% | 5.42B | 5.74B | +6.0% |
| Q4 FY2026 | 29 Jan 2026 | 2.76 | 2.86 | +3.6% | 5.77B | 5.65B | -2.1% |
| Q3 FY2026 | 30 Oct 2025 | 2.58 | 2.70 | +4.7% | 5.52B | 5.66B | +2.4% |
| Q2 FY2026 | 24 Jul 2025 | 2.48 | 2.78 | +12.1% | 5.31B | 5.43B | +2.1% |
| Q1 FY2026 | 24 Apr 2025 | 2.31 | 2.41 | +4.3% | 5.20B | 5.13B | -1.4% |
| Q4 FY2025 | 30 Jan 2025 | 3.42 | 3.47 | +1.5% | 5.50B | 5.52B | +0.4% |
| Q3 FY2025 | 24 Oct 2024 | 3.25 | 3.34 | +2.8% | 5.28B | 5.29B | +0.2% |
| Q2 FY2025 | 25 Jul 2024 | 3.18 | 3.24 | +1.9% | 5.30B | 5.30B | -0.0% |
| Q1 FY2025 | 25 Apr 2024 | 2.91 | 3.06 | +5.2% | 5.11B | 5.21B | +2.0% |
| Q4 FY2024 | 25 Jan 2024 | 3.31 | 3.35 | +1.2% | 5.17B | 5.34B | +3.3% |
L3Harris Technologies stock price 2027–2031: scenariosHow are the stock price scenarios calculated? Bear, base and bull prices for the years ahead: the analysts' EPS estimates times the lowest, average and highest P/E of the stock today and at its last five year ends, or of its peers.
If L3Harris Technologies's earnings keep growing at the 13.5% a year analysts expect to FY2029, it would earn about 20.22 a share in FY2031. At the P/E it has traded at over the last five years (23.3 to 37.6) that is 470.20 to 759.94 a share, or 608.99 at its average P/E of 30.1. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2027 | 12.23 | 284.33 | 368.25 | 459.53 |
| FY2028 | 13.61 | 316.56 | 410.00 | 511.63 |
| FY2029 | 15.70 | 365.20 | 473.00 | 590.24 |
| FY2030 (extrapolated) | 17.82 | 414.39 | 536.71 | 669.73 |
| FY2031 (extrapolated) | 20.22 | 470.20 | 608.99 | 759.94 |
Each year's EPS is the analysts' consensus to FY2029; the years after grow 13.5% a year (the analysts' growth, at most 15%). Bear, base and bull apply the lowest, average and highest P/E of today and the last five fiscal year ends, leaving out any above 60, the mark of a year of collapsed earnings (23.3, 30.1, 37.6).
Is L3Harris Technologies stock undervalued or overvalued?How does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
L3Harris Technologies's P/E of 25.3 is near the bottom of its 5-year range (21.2 to 48.0, median 32.1). Analysts do not expect slower growth than in recent years, so it is cheaper than its usual level. Buyers pay less for each point of growth than usual: a PEG of 1.5 on expected growth against 3.1 on its median P/E and past five years' growth. At its usual P/E (31.9 × EPS of 9.59), L3Harris Technologies's fair value is 305.94; the price, 272.43, is 11.0% below it. The EPS is without 1.19 a share of one-off gains in its other income, which the business does not repeat. Its forward P/E, on the consensus for FY2027, is 22.3.
Fair value is the usual (median) P/E of the last five years times the earnings per share of the last twelve months; the ends of the bar are the same earnings at its lowest and highest P/E of those years (21.2 and 46.7). The price against its P/E range
- Price to earnings ratio (TTM)What is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 25.27
- Five-year median P/EWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 32.09
- Five-year P/E range
- 21.2 – 48.0
- Forward P/E (FY2027)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.
- 22.28
- PEG ratioWhat is the PEG ratio? The PEG ratio divides the P/E by the yearly earnings growth analysts expect, to show how much you pay for each point of growth.
- 1.88
- To the average targetWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
- +23.7%
Most undervalued US stocksHow does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
| Stock | Price | Fair value | Upside |
|---|---|---|---|
| 35.760 | 71.4258Price 35.76193 | +99.7% | |
| 29.080 | 56.2434Price 29.0896 | +93.4% | |
| 240.360 | 464.26205Price 240.36627 | +93.2% | |
| 202.040 | 384.58163Price 202.042,644 | +90.3% | |
| 161.340 | 305.52160Price 161.34396 | +89.4% | |
| 125.395 | 237.44178Price 125.40297 | +89.4% | |
| 159.580 | 300.48225Price 159.58376 | +88.3% |
Furthest below the fair value on each stock's page, updated every day.