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LHX

L3Harris

NYSEIndustrialsAerospace & DefenseSnapshot 2026-05-08

$299.64-0.51%
Close 2026-05-08 · 1-day change
The bottom line

As of May 8, 2026, LHX has a composite score of 18.1, categorized as "mild favorable." This score is influenced by a medium confidence level of 74.6 and reflects various factors, including macroeconomic conditions and sector trends. The top drivers include macro growth, labor, rates, and inflation. The assessment is provisional.

Composite +18as of 2026-05-08

Price

Daily closes from AlphaVantage. Earnings/event dots are placed inline.

Close 2026-05-08
Daily closes. Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event

Factor signals

Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.

L1

Thesis

is this a strong company over a 1–3 year hold?
F1 · Recent financial performance
strong
Top 20% of industrials cohort
Why this rank
  • Direction share
    1.00
  • Slope (norm)
    0.15
  • Bonus
    0.00
Operating income, last 4 quarters ($M)
378571495666
F2 · Value
neutral
Mid-cohort by earnings yield
Why this rank
Price
$299.64
TTM EPS
$8.12
Earnings yield
2.7%
P/E (TTM)
36.9

Trailing four: 2024-Q3, 2025-Q1, 2025-Q2, 2025-Q3

F3 · Earnings quality
robust
Top 20% cash conversion in industrials cohort
Why this rank
TTM NI ($M)
1,606
TTM CFO ($M)
3,106
CFO/NI
1.93

Joint read: strong + robust historically delivered 80%+ NI-grew rate over T+1y in IT 2024–26 (small N).

L2

Watch

has something changed worth re-reading?
F4 · Management stability
volatile
Bottom 30% activity in industrials cohort· see deep-dive ↓
neutral
Earnings setup · pre-print positioning
forward-looking
neutral11 analysts, 71% Buyfor period ending 2026-06-30
Why this setup
Consensus revisions

EPS estimate $2.88 → $2.83 (-1.5% / 30d). 4 raised, 5 cut, 11 covering analysts.

Rating actions

0 upgrades, 0 downgrades / 30d, 2 maintained. 71% of analysts rate Buy.

Material events

0 positive, 0 negative / 30d.

F4 · Management deep-dive — recent events, stated priorities, guidance track record
2

Stated priorities

3 priorityies extracted from earnings transcripts (as of 2026-05-08).

  1. 1.Increase revenue guidancegrowthwatchprovisional
    10/30: 2025 guidance increased on strong performance and higher expectations.
    Why this status

    Stated in 3 of last 3 quarters. Revenue guidance increased from $21.4B in 2025-Q1 to $23B - $23.5B for 2026, reflecting management's focus on growth. Despite the increase, the financials show revenue of $3.49B in 2025-Q4, indicating limited progress towards the higher guidance.

  2. 2.Maintain operating margincostmixed65% progressprovisional
    1/29: Total low 16% operating margin guidance for 2026.
    Why this status

    Stated in 2 of last 2 quarters. Operating income was $666M in 2025-Q4, aligning with the 16% operating margin guidance for 2026. The trajectory appears on track, with management maintaining focus on cost discipline.

  3. 3.Achieve EPS guidancegrowthbehind0% progress
    4/30: Diluted EPS $11.40 - $11.60 for 2026.
    Why this status

    Stated in 3 of last 3 quarters. EPS guidance increased from $10.40 in 2025-Q2 to $11.40 - $11.60 for 2026. However, diluted EPS was $2.1 in 2025-Q3, indicating challenges in achieving the higher guidance, with limited progress evident.

3

Guidance track record

Insufficient guidance history for this ticker.

L3

Position context

how violent might the path be while I hold it?
Risk profile · realized
backward-looking
moderateworst 12m loss −21%, typical day ±1.3%
Why this risk level

Recent vol — 30d annualized 23%; 252d 24%.

Drawdown — Max 1y −21%. Bad day move −2%.

Beta to sector ETF (XLI) 0.68 over 1y.

Liquidity — score 100/100.

Sub-scores — vol 60/100, drawdown 59/100, beta 68/100, earnings vol .

Sector regime
headwind-7.8%sector vs S&P 500, 60d

via XLI

Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.

AI cycle regime · market-wide
2-axis classifier
HeatingManiaSquallCrisisEarnings →Mood ↑
HeatingE +0.13 · M +0.71
Single-axisCHASEz +2.97+1.285d

Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.

Not investment advice. As of 2026-05-08.

3

What changed

The most important moves since the prior daily snapshot.

  1. No material changes since the prior snapshot.

No material changes since the prior snapshot.

as of 2026-05-08

4

Management scorecard

How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.

Composite43.4 / 100
Capital allocation17
Earnings discipline90
Margin discipline56
Balance sheet31
Guidance credibility
Post-call reaction39
as of 2026-05-08
4

What management is focused on

Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.

  • #1

    Increase revenue guidance

    GrowthNew since 2026-05-04

    Focus on increasing revenue guidance for the fiscal year.

    BehindWatch

    Stated in 3 of last 3 quarters. Revenue guidance increased from $21.4B in 2025-Q1 to $23B - $23.5B for 2026, reflecting management's focus on growth. Despite the increase, the financials show revenue of $3.49B in 2025-Q4, indicating limited progress towards the higher guidance.

    No score
    CEO/CFO:2025 guidance increased on strong performance and higher expectations.
    Multiple sourcesSource dated 2025-10-30Stated 3 of last 8 quartersFirst seen 2026-05-04provisional
    Show history (3)
    • 2025-Q3Multiple sources

      2025 guidance increased on strong performance and higher expectations.

    • 2025-Q2Multiple sources

      2025 guidance and 2026 outlook increased on strong performance and improved expectations.

    • 2025-Q1Multiple sources

      Total Company $21.4B - $21.7B.

  • #2

    Maintain operating margin

    CostNew since 2026-05-04

    Commitment to maintaining a stable operating margin.

    On trackMixed

    Stated in 2 of last 2 quarters. Operating income was $666M in 2025-Q4, aligning with the 16% operating margin guidance for 2026. The trajectory appears on track, with management maintaining focus on cost discipline.

    Operating income of $666M in 2025-Q4
    65%
    CEO/CFO:Total low 16% operating margin guidance for 2026.
    Multiple sourcesSource dated 2026-01-29Stated 2 of last 8 quartersFirst seen 2026-05-04provisional
    Show history (2)
    • 2026-Q1Multiple sources

      Total low 16% operating margin guidance for 2026.

    • 2025-Q4Multiple sources

      Operating income of $666M.

  • #3

    Achieve EPS guidance

    GrowthNew since 2026-05-04

    Strive to meet the EPS guidance set for the fiscal year.

    Behind

    Stated in 3 of last 3 quarters. EPS guidance increased from $10.40 in 2025-Q2 to $11.40 - $11.60 for 2026. However, diluted EPS was $2.1 in 2025-Q3, indicating challenges in achieving the higher guidance, with limited progress evident.

    0%
    CEO/CFO:Diluted EPS $11.40 - $11.60 for 2026.
    Multiple sourcesSource dated 2026-04-30Stated 3 of last 8 quartersFirst seen 2026-05-04
    Show history (3)
    • 2026-Q1Multiple sources

      Diluted EPS $11.40 - $11.60 for 2026.

    • 2025-Q3Multiple sources

      $10.50 - $10.70 (Prior: $10.40 - $10.60).

    • 2025-Q2Multiple sources

      Non-GAAP diluted EPS (New) $10.40 - $10.60.

as of 2026-05-08
5

How this stock is priced

Two ways to read price: against peers in the same business, and against the company's own history.

Compared to peers
44higher = cheaper

Roughly priced in line with peers.

Compared to its own history
87higher = cheaper

Cheaper than its own typical valuation.

P/E
26.8x
EV/EBITDA
17.7x
FCF yield
4.5%

P/E over the last 5 years

71 monthly points
fairas of 2026-05-08
7

How this compares

A side-by-side read on composite, valuation, and risk versus peers.

StockCompositeValuationRisk
LHX
L3Harris
+18fairmoderate
CAT
Caterpillar Inc.
+13expensivemoderate
GE
GE Aerospace
+11expensivemoderate
GEV
GE Vernova
+10fullmoderate
RTX
RTX Corporation
+20fairmoderate
8

Risk — how this stock moves

What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.

A typical day
How much price usually moves either way.
1.3%
A bad day (95th %ile)
A rough but not unusual down day.
-2.4%
Worst 12-month loss
Deepest peak-to-trough drop in the last year.
-20.6%
Earnings-day move
How much price usually moves on earnings day.
moderateas of 2026-05-08
9

What could change this view

Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.

Upside triggers
  • If industrials sector trend rises from +0.05 into 'improving' (>= +0.20)+5.0 pts
Downside triggers
  • If next-quarter guidance is cut (currently RAISED as of 2026-04-30)-16 pts
  • If industrials sector trend falls from +0.05 into 'weakening' (<= -0.20)-5.0 pts
  • If growth state reverses from +0.25 (positive) to -0.25 (negative)-4.0 pts
  • If labor state reverses from -0.31 (negative) to +0.31 (positive)-3.7 pts
10

Material updates

Recent SEC 8-K filings ranked by likely impact, confidence, and recency.

  1. 2026-04-308d agoItem 2.02

    Results of Operations and Financial Condition. On April 30, 2026, L3Harris Technologies, Inc. released its first quarter financial results in an earnings release. The earnings release announcing the first quarter financial results is furnished herewith as Exhibit 99.1 and is incorporated herein by reference. The information contained in this Current Report on Form 8-K that is furnished under Item 2.02, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the…

    earnings preannouncementneutralscore 54
  2. 2026-03-022mo agoItem 5.02

    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers . Appointment of New Senior Vice President and Chief Financial Officer On March 2, 2026, L3Harris Technologies, Inc. (“L3Harris” or the “Company”) announced that Kenneth Sharp has been named Senior Vice President and Chief Financial Officer of L3Harris, effective March 16, 2026 (the “Effective Date”). Mr. Sharp succeeds Kenneth Bedingfield, who will…

    executive changeneutralscore 17
  3. 2026-03-121mo agoItem 5.02

    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers . Appointment of Leader of Space & Mission Systems and Communications & Spectrum Dominance Segments On March 12, 2026, L3Harris Technologies, Inc. (“L3Harris” or the “Company”) announced that Mr. Sam Mehta has been appointed President, Space & Mission Systems and Communications & Spectrum Dominance, effective March 16, 2026 (the “Effective Date”). T…

    executive changeneutralscore 15
  4. 2026-01-293mo agoItem 2.02

    Results of Operations and Financial Condition. On January 29, 2026, L3Harris Technologies, Inc. released its fourth quarter financial results in an earnings release. The earnings release announcing the release of the fourth quarter financial results is furnished herewith as Exhibit 99.1 and is incorporated herein by reference. The information contained in this Current Report on Form 8-K that is furnished under Item 2.02, including Exhibit 99.1, shall not be deemed to be “filed” for purposes o…

    earnings preannouncementneutralscore 7
  5. 2026-01-054mo agoItem 5.02

    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers . On January 5, 2026, L3Harris Technologies, Inc. (“L3Harris”) announced that Edward Zoiss has been named Vice President, Engineering & Innovation. Mr. Zoiss ceased to serve as President of L3Harris’ Space & Airborne Systems segment at the end of L3Harris’ fiscal year on January 2, 2026.

    executive changeneutralscore 3
11

Score history

The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.

60 snapshots
Data freshness · As of 2026-05-08 · Macro 2026-05-08 · Sector 2026-05-07 · Fundamentals 2026-02-12 · Price 2026-05-07 · Generated 2026-05-08 · Spec 2.3

Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.