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L3Harris Technologies, Inc. (LHX)

Industrials Out of favour

L3Harris is a major American technology company that builds advanced defence and communications equipment for governments and military forces worldwide.

$277.06

Is L3Harris Technologies, Inc. a good stock for a UK beginner?

The honest version: L3Harris is a major American technology company that builds advanced defence and communications equipment for governments and military forces worldwide.

No rating · no target price · nothing for sale here
Price+20.9%
Priced in USD - as a UK investor your £ return also moves with the pound-to-dollar exchange rate, on top of the share price itself.
52-week range+15% past year
$277.06
Low $262.68High $379.23
Where today's price sits versus its past year - context, not a signal.
If you had put $1,000 into L3Harris Technologies, Inc.
$1,209+21%

Over about 2 years to 2026-07-31. This is the share price only - reinvesting the dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.

Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$51.59B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
1.41M
Day range: The lowest and highest price the shares traded at during the latest day.
$270.17 – $279.53
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
$262.68 – $379.23
P/E ratio: Price-to-earnings: the share price divided by yearly profit per share. Lower can mean cheaper; higher often means investors expect fast growth.
28.0
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
1.8%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
0.75
How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 0.75
Calm
Wild
Steadier than most

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▲ +8% past week · ▲ +15% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

The bull case

The company becomes the primary provider for next-gen military tech.

The bear case

Significant cuts to global defence spending.

What does L3Harris Technologies, Inc. do?

L3Harris acts as a key supplier for the defence sector, creating everything from tactical radios and night-vision goggles to complex electronic warfare systems. They make their money through long-term contracts with government agencies, which provides a steady stream of income. Much depends on how smoothly they fold their recent large-scale acquisitions into the business to lift overall profitability.

VQGMI
Factor profile

On our factor screen it looks strongest on growth and income, and weakest on momentum.

Value: How cheap the stock looks versus profits, sales and assets (higher = cheaper). 40Quality: How profitable and financially healthy the company is (higher = stronger). 47Growth: How fast revenue and earnings are growing (higher = faster). 59Momentum: How the share price has been trending recently (higher = stronger recent run). 20Income: The dividend income on offer and how sustainable it looks (higher = more/steadier). 52
Quick checks
What's strong
  • Strong position as a key government contractor
  • Diverse range of essential defence technologies
  • Lower price volatility compared to the broader market
What to watch
  • Momentum screens low (20/100)
  • Changes in political priorities affecting defence budgets
  • Integration challenges from past company mergers
  • Potential for cost overruns on large-scale projects

What do L3Harris Technologies, Inc.'s numbers mean?

P/E
31.6
This shows how much you are paying for every pound of the company's current annual profit.
Forward P/E
21.1
This is a similar measure, but it uses analysts' expectations for next year's profits rather than what the company earned in the past.
Beta
0.7
A number below 1 suggests the share price tends to be less jumpy than the wider stock market.
Dividend yield
1.7%
This is the annual cash payout to shareholders as a percentage of the current share price.

How much money does L3Harris Technologies, Inc. make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
$0$1.47B$2.94B$4.41B$5.88BQ2 25Q3 25Q4 25Q1 26Q2 26
Gross margin
30.4%
Net margin
10.4%

Does L3Harris Technologies, Inc. pay a dividend?

Yes - L3Harris Technologies, Inc. currently pays a dividend of about 1.8% a year (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it.

When does L3Harris Technologies, Inc. report earnings, and how did recent quarters go?

L3Harris Technologies, Inc. is next scheduled to report on about 2026-10-29 - dates can move, and we don't predict results; this just tells you when to look.

Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.

ReportedExpected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number.Actual EPSvs expected
2026-07-29$2.83$3.63Beat +28%
2026-04-30$2.57$2.91Beat +13%
2026-01-29$2.76$2.86Beat +4%
2025-10-30$2.57$2.70Beat +5%
2025-07-24$2.50$2.78Beat +11%
2025-04-24$2.32$2.41Beat +4%

Across the last 6 quarters here, L3Harris Technologies, Inc. came in ahead of what analysts expected 6 times. One quarter is noise, not a trend.

See who else reports over the next two weeks →

Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.

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What are the scenarios for L3Harris Technologies, Inc.?

An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.

$378$277$240today · $277▲ Bull · $298• Base · $277▼ Bear · $256in 1 yearILLUSTRATIVE · NOT A PREDICTION OR PRICE TARGET
Bull
+5% to +10%New government defence contracts are announced.
Base
-2% to +2%Business continues as usual with steady demand.
Bear
-5% to -10%Delays in government budget approvals.

What are the pros and cons of L3Harris Technologies, Inc.?

3bull points
6bear points

How many points the write-up makes each way — a balance check, not a score or verdict.

The bull case3
  • Strong position as a key government contractor
  • Diverse range of essential defence technologies
  • Lower price volatility compared to the broader market
The catch3
  • Recent earnings growth has been negative
  • High reliance on government budget decisions
  • Complex business structure following large acquisitions
Key risks3
  • Changes in political priorities affecting defence budgets
  • Integration challenges from past company mergers
  • Potential for cost overruns on large-scale projects
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

Confidence: medium · data: USD · flags: roe · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-01 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Figures as of 2026-08-01. Prices may be delayed and numbers can go stale - always double-check before acting.