DailyIQ
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Last updated 2 minutes ago

LHX·L3Harris Technologies, Inc.

$.
+. (+.%)
After Hours
High
$291.80
Open
$290.65
Market Cap
54.24B
52W High
$379.23
Low
$288.11
P. Close
$290.80
P/E
31.32
52W Low
$256.01
Fwd P/E
21.30
DailyIQ Est.
$393.89
Technical Score (1D)
18
SELL
News Sentiment
68
BULLISH
L3Harris Technologies just secured an $84 million order from the U.S. Army for its AN/PRC‑158C manpack radios, the second delivery under the Next Generation Command and Control (NGC2) program. The contract builds on an earlier $24 million award, bringing total NGC2 commitments to $108 million and confirming the Army’s ongoing reliance on LHX’s Falcon® systems. The AN/PRC‑158C delivers high‑throughput mobile ad‑hoc network (MANET) capabilities and resilient waveforms, enhancing battlefield communications and aligning with the Army’s network‑centric warfare strategy. This new revenue stream is expected to lift near‑term earnings and supports LHX’s guidance for stronger 2024 results. For the next 1–10 trading days, the order could influence short‑term cash flow and inventory levels as the company ramps up production capacity. Traders should watch for any announcements of production milestones or capacity expansions that could affect supply dynamics. Additionally, keep an eye on potential follow‑on orders from the Army, which would reinforce the repeat‑business narrative. A subsequent earnings report will be key to confirming whether the order translates into the projected revenue growth. Finally, monitor any updates on the NGC2 program or broader defense procurement that might signal further opportunities or constraints.
Earnings Summary
L3Harris Technologies (LHX) is a global defense technology provider headquartered in Melbourne, Florida, delivering advanced satellite integration, missile defense, and tactical communications solutions across its Space & Mission Systems, Communications & Spectrum Dominance, and Missile Solutions segments. In the most recent reporting cycle, the company posted Q4 2025 revenue of $5.648 billion and EPS of $2.86, both beating estimates of $5.834 billion and $2.792 respectively, while Q1 2026 revenue rose to $5.744 billion and EPS to $2.72, again surpassing guidance of $5.415 billion and $2.576; the two most recent quarters show a modest revenue uptick of 1.6 % versus the prior quarter but a 4.4 % EPS decline, yet the company has consistently outperformed analysts, recording a 100 % beat rate in the six quarters for which data are available. Historically, LHX has maintained a steady upward trajectory in revenue, with year‑over‑year growth in the mid‑single digits, and has repeatedly exceeded EPS forecasts, underscoring its resilient pricing power and cost discipline; the company’s ability to deliver above‑estimate earnings has persisted even as defense budgets fluctuate. Recent news highlights a $84 million Army order for AN/PRC‑158C radios under the Next Generation Command and Control program, a $499.6 million Missile Defense Agency upgrade contract, and a Deutsche Bank price‑target cut to $285 amid concerns over defense spending; these contracts are expected to bolster near‑term cash flow and may offset guidance softness. Investors should watch the July 29 2026 earnings call for confirmation of the MDA contract’s revenue contribution, updates on production milestones for the NGC2 radios, and any cost‑control progress that could influence the company’s margin outlook.

EPS

EstBeatMiss
$2.24$2.41$2.59$2.77$2.94Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$2.82 - -
Q1'26$2.58$2.72+5.6%
Q4'25$2.79$2.86+2.4%
Q3'25$2.57$2.70+5.1%
Q2'25$2.50$2.78+11.3%
Q1'25$2.32$2.41+4.0%

Revenue

EstBeatMiss
$5.0B$5.3B$5.5B$5.7B$5.9BQ1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$5.8B - -
Q1'26$5.4B$5.7B+6.1%
Q4'25$5.8B$5.6B-3.2%
Q3'25 - $5.7B -
Q2'25 - $5.4B -
Q1'25 - $5.1B -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
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Market Data

LHX Stock Snapshot

LHX is currently trading at $291.80, giving L3Harris Technologies, Inc. a market cap of 54.24B and a P/E ratio of 31.3. Today's range spans $288.11–$291.80, with shares opening at $290.65 and moving up $1.00 (0.3%) from the prior close. DailyIQ's technical score sits at 18/100 (SELL) with a news sentiment reading of 68/100.

Over the past year LHX has traded between $256.01 and $379.23 - the current price is +14.0% off the 52-week low and -23.1% from the high. 26 analysts cover the stock with a Buy consensus and a mean 12-month target of $379.67 (range $285.00–$443.00), implying upside of +30.1%.

Factor models are actively underweighting LHX: large-cap, Industrials, 54.24B market cap, 18/100 (SELL), bullish sentiment (68/100). Price: $291.80 (in the lower half of its 52-week range). (P/E: 31.3) Momentum and trend-following strategies reduce exposure when scores drop below the 18/100 threshold; quality factors recalibrate; low-vol strategies find better risk-adjusted alternatives elsewhere in the sector. Annual range: $256.01–$379.23. The systematic de-risking compounds the fundamental concern.

Analyst coverage for LHX becomes a double-edged factor in a SELL phase: at 54.24B in Industrials market cap, active coverage is high enough that downgrade risk is real and impactful. The 18/100 technical reading and bullish sentiment (68/100) at $291.80 (in the lower half of its 52-week range) place the stock in the zone where one or two high-profile estimate cuts can convert a grinding decline into a sharper re-rating — the $256.01–$379.23 range establishes where that repricing lands.