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Upturn AI Summary - About
L3Harris Technologies Inc(LHX)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for LHX
10/08/2026: LHX (2-star) is currently NOT-A-BUY. Pass it for now.
L3Harris Technologies is a prominent defense contractor specializing in mission-critical electronics, tactical communication networks, and space-based technology. The stock functions as a play on long-term defense modernization and government spending. Its primary business strength lies in its high-barrier-to-entry specialized electronic systems, while the acquisition of Aerojet Rocketdyne provides a significant growth pillar in missile technology. Investors must remain cautious of risks such as federal budget volatility and the challenges of integrating large business units. The company is suitable for investors seeking stable dividend income alongside exposure to the aerospace and defense sector, with a need to monitor defense budget approvals and operational cost-reduction targets.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | Growth is largely driven by defense cycles and acquisitions rather than rapid organic expansion. |
| Momentum investor | Strong fit while signal remains positive | The stock can exhibit strong momentum during periods of heightened geopolitical activity or defense spending increases. |
| Value investor | Mixed fit | Valuations are often tied to long-term government contract backlogs, requiring patience to realize returns. |
| Dividend investor | Strong fit | Reliable dividend payments make it an attractive option for income-focused portfolios. |
| Low-risk investor | Mixed fit | Defense sector exposure provides stability, though contract risks and budget volatility remain. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium | Defense stocks can swing based on geopolitical news and federal budget headlines. |
| Valuation risk | Medium | Multiple expansion is often limited in the defense sector, capping significant upside price growth. |
| Competition risk (Defense Primes) | Medium / high | L3Harris must compete against larger firms with greater scale for major government contracts. |
| Business quality | Strong | High technical barriers and sticky, long-term government relationships define the company's competitive moat. |
| Dividend income | Low | The dividend is considered stable, though not high-yield compared to defensive sectors like utilities. |
| Execution risk | Medium | Successfully integrating large acquisitions like Aerojet Rocketdyne is crucial for long-term margin improvement. |
Price Behavior
Steep Decline
The stock price has dropped sharply with strong downward pressure.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type Stock | Historic Profit 81.53% | Avg. Invested days 88 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  5.0 | Stock Returns Performance  4.0 |
| Profits based on simulation | Last Close 10/08/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 43.51B USD | Price to earnings Ratio 23.99 | 1Y Target Price 330.87 |
Price to earnings Ratio 23.99 | 1Y Target Price 330.87 | ||
Volume (30-day avg) 1.6M shares | Beta 0.51 | 52 Weeks Range 232.34 - 374.59 | Updated Date 10/08/2026 |
52 Weeks Range 232.34 - 374.59 | Updated Date 10/08/2026 | ||
Dividends yield (FY) 2.06% | Basic EPS (TTM) 9.74 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Integrated Mission Systems | ISR, maritime, and electro-optical products. | The company provides the sensors and intelligence 'eyes and ears' for military platforms. |
| Space and Airborne Systems | Space superiority, avionics, and EW systems. | They provide high-tech components that keep aircraft and satellites operational in contested environments. |
| Communication Systems | Tactical radios and secure networks. | This is a reliable business segment focused on providing the secure 'phone and internet' for soldiers on the battlefield. |
| Geography | Domestic (US) and International sales. | The vast majority of revenue comes from US government contracts, with increasing diversification in international markets. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE 23.99 | Forward PE 17.86 | Enterprise Value 54.99B | Price to Sales(TTM) 1.9 |
Enterprise Value 54.99B | Price to Sales(TTM) 1.9 | ||
Enterprise Value to Revenue 2.4 | Enterprise Value to EBITDA 18.03 | Shares Outstanding 186.21M | Shares Floating 185.24M |
Shares Outstanding 186.21M | Shares Floating 185.24M | ||
Percent Insiders 0.45 | Percent Institutions 89.31 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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