L3Harris Technologies (LHX-N)
NYSE:LHX
216.29
2.33
(1.07%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
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This summary was created by AI, based on 4 opinions in the last 12 months.
L3Harris Technologies (LHX-N) is facing a challenging environment as the defense sector grapples with budgetary uncertainties and potential government cutbacks, particularly in the wake of a possible federal shutdown. Analysts acknowledge that while the ongoing geopolitical tensions might create opportunities for defense spending, the current sentiment is clouded by fears of an efficiency-driven governmental approach that could impact contractor budgets adversely. Experts suggest a cautious investment strategy, advocating buying in increments at strategic price points around $240, $220, and $215. Despite the weak short-term outlook, many analysts retain a bullish stance on LHX, believing that margin expansion might yield positive results in the forthcoming years. Additionally, the stock yields 1.9%, which offers a modest return, adding to its appeal in the defense technology sector.
It is mainly (probably) Trump related. His 'Department Of Government Efficiency' is deisgned to cut costs and unnecessary spending in the government. This includes military spending and the money allocated towards contractors such as LHX. Whether this will actually a meaningful is unclear. We think LHX looks good however, and analysts have been bullish on margin expansion in future years.
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Another Trump-tech trade. Defense technology provider. From tactical radios to applications to hardware. Also involved in space and aerospace, and you'll find that LHX is the leader in ETFs that cover that sector. 12-month price target of $273. Buy a third here around $240, add in the mid-$220s, and again at the $215 level. Reports next week. Yield is 1.9%.
(Analysts’ price target is $248.82)
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L3Harris Technologies(LHX-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 2
Bearish - Sell Signals / Votes : 2
Total Signals / Votes : 6
L3Harris Technologies(LHX-N) Frequently Asked Questions
What is L3Harris Technologies stock symbol?
L3Harris Technologies is a American stock, trading under the symbol LHX-N on the New York Stock Exchange (LHX). It is usually referred to as NYSE:LHX or LHX-N
Is L3Harris Technologies a buy or a sell?
In the last year, 6 stock analysts published opinions about LHX-N. 2 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for L3Harris Technologies.
Is L3Harris Technologies a good investment or a top pick?
L3Harris Technologies was recommended as a Top Pick by on . Read the latest stock experts ratings for L3Harris Technologies.
Why is L3Harris Technologies stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is L3Harris Technologies worth watching?
6 stock analysts on Stockchase covered L3Harris Technologies In the last year. It is a trending stock that is worth watching.
What is L3Harris Technologies stock price?
On 2025-05-06, L3Harris Technologies (LHX-N) stock closed at a price of $216.29.
Defence shouldn't be working, given the pullback from Ukraine, but maybe we are building up as tensions rise with China. LHX offers defence and communications.