WallStSmart
LHX

L3Harris Technologies Inc

NYSE: LHX · INDUSTRIALS · AEROSPACE & DEFENSE

$320.55
-0.26% today

Updated 2026-04-30

Market cap
$59.31B
P/E ratio
37.18
P/S ratio
4.61x
EPS (TTM)
$8.54
Dividend yield
0.87%
52W range
$210 – $378
Volume
1.4M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

L3Harris Technologies Inc (LHX) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$320.55
Consensus
$336.92
+5.11%
2030 Target
$2,064.80
+544.14%
DCF
—
—
12 analysts:
6 Buy2 Hold0 Sell

Management guidance

No specific CEO revenue targets found in provided data. Management has indicated capacity expansion for missile production and strategic positioning in space/defense under Trump administration defense spending initiative ($1.5T defense request). Recent actions include leadership appointments in Space Mission Systems and Missile Solutions, signaling growth priorities in these segments.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$3,453.20
$32.1B Rev × 20x P/S
Base case (2030)
$2,064.80
$32.1B Rev × 12x P/S
Bear case (2030)
$1,388.40
$32.1B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$19.4B$21.3B$21.9B$23.6B$25.4B$27.4B$29.6B$32.1B
Revenue growth—9.8%2.5%8.1%7.5%7.6%8.2%8.7%
EPS$12.37$13.11$10.75$11.71$13.60$15.20$16.80$18.60
P/S ratio———12.0x12.0x12.0x12.0x12.0x
Implied price———$1,530.80$1,637.60$1,780.00$1,922.40$2,064.80

Catalysts & risks

Growth catalysts
+ Trump administration $1.5T defense spending request driving missile production ramp (4x output target)
+ NASA Artemis II mission (100+ critical components supplied) and Space Development Agency Tranche 3 contracts
+ NATO defense spending acceleration ($1.4T+) and geopolitical tensions (Iran conflict) driving international demand
+ New Navy submarine production contract ($147.5M potential) and Canadian C$1.5B defense awards
+ Margin expansion from defense production scale and operational efficiency improvements
Key risks
- Elevated valuation (41.5x P/E, 30.6x forward P/E) limits multiple expansion despite growth
- High debt levels ($77.18B enterprise value vs $67B market cap) constraining financial flexibility
- Supply chain constraints in missile/defense components amid quadrupling production demand
- Potential for geopolitical de-escalation reducing urgency of defense spending ramp
- Integration risks from rapid capacity expansion in key programs

Methodology

L3Harris Technologies Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 12 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.