L3Harris (LHX) Stock Price, Fundamentals & Analysis

What LHX does

L3Harris Technologies (ticker LHX) is a US stock in the Industrials sector, Aerospace & Defense industry, headquartered in Melbourne, United States. It provides mission-critical solutions for government and commercial customers worldwide through three segments: Space & Mission Systems (satellites, payloads, and missile warning/defense), Communications & Spectrum Dominance (tactical radios, waveforms, satellite terminals, and battlefield systems), and Missile Solutions (propulsion, hypersonic, and advanced missile technologies). The company was formerly known as Harris Corporation and changed its name in June 2019.

Key numbers explained

• LHX trades at 239.21 USD, down 0.28% today, with a market capitalisation of 44.54B USD and a beta of 0.51, indicating lower volatility than the broader market.
• The trailing P/E ratio of 24.1 shows how much investors pay per dollar of recent earnings; the forward P/E ratio of 17.7 uses expected future earnings and is typically read as a more optimistic valuation gauge.
• The dividend yield is 2.08%, meaning the annual dividend represents about 2.08% of the current price, with 49% of trailing earnings paid out and an ex-dividend date of Sep 4, 2026.
• Earnings per share over the trailing 12 months is 9.91 USD, while the price-to-book ratio of 2.24 compares the share price to the company's book value per share.
• Revenue over the trailing 12 months is 22.93B USD, growing 8.4% year over year, with a profit margin of 8.2% and an operating margin of 12.6%.
• The 52-week price range is 239 – 379.23 USD, and the stock is down 15.5% over the past year; it is part of the S&P 500.

Recent news

Recent headlines include Bernstein adjusting the L3Harris Technologies price target to $346 from $365 while maintaining an Outperform rating, and Jefferies adjusting the target to $280 from $315 with a Hold rating. Other stories note that the US is running low on two weapons it would need most, that L3Harris signed an agreement to manufacture missile components, and that Rocket Lab's optical systems could boost its growth opportunities.

What to watch

LHX's performance is shaped by government defence budgets, international sales, and the pace of contract awards across its three segments. Investors often monitor the next earnings date (Oct 29, 2026), margin trends, and how peers such as DuPont (DD), Hubbell Incorporated (HUBB), Generac (GNRC), Ferguson Enterprises (FERG), and Axon Enterprise (AXON) are valued relative to the S&P 500.