L3Harris (LHX)
NYSEIndustrialsAerospace & DefenseSnapshot 2026-11-05
$258.11-0.63%
Close 2026-11-05 · 1-day change
NYSEIndustrialsAerospace & DefenseSnapshot 2026-11-05
QuarterlyIQ Insights · LHX
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -24.8% |
| Our one-year growth estimate | diamond |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-11-05.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| 8.0% |
Growth built into the price is above our model estimate.
The price assumes 32.8 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-05 · Compared with 26 industry peers · Company calendar date is not available
LHX — debt issuance
Dated 2026-11-05
Other Events . On November 5, 2026, L3Harris Technologies, Inc. (“L3Harris”) closed the issuance and sale of notes in the aggregate amount of $1.0 billion, comprised of $500 million aggregate principal amount of 5.200% Notes due 2029 and $500 million aggregate principal amount of 5.400% Notes due 2032 (collectively, the “Notes”). The Notes were offered and sold under L3Harris’ “automatic shelf” Registration Statement on Form S-3 (Registration No. 333-293429) filed with the Securities and Exch…
Why it matters: A CEO left after a conduct probe in August. A named successor and clear transition plan would reduce open questions about leadership.
Watch forL3Harris names a permanent CEO and gives a clear transition plan.
Also watch forL3Harris reports no permanent CEO or transition plan in its next formal leadership update.
Why it matters: L3Harris raised its revenue and EPS ranges in Q3. Meeting them would show it can turn strong orders into results.
Supportive ifFY26 revenue lands at $23.5 billion or more, and GAAP EPS lands at $12.25 or more.
Worry ifFY26 revenue falls below $23.5 billion or GAAP EPS falls below $12.25.
Why it matters: L3Harris opened the plant as it expands capacity for munitions. More output would show the new site is helping meet demand.
Supportive ifA company update reports more solid rocket motor output from the Camden plant. It reports no delay in raising production.
Worry ifA company update says the Camden plant has a delay, supply problem, or lower planned output.
Why it matters: Missile Solutions had a very large order surge in Q3. Higher sales would show that new work is moving through production.
Supportive ifMissile Solutions revenue rises above $1.057 billion in a later quarter. Backlog stays above $53.2 billion.
Worry ifMissile Solutions revenue is $1.057 billion or less for two quarters, or backlog drops below $53.2 billion.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$85 on $10,000 · ±0.9% | How much price usually moves either way. |
| Bad day | $271 loss on $10,000 · 2.7% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $3,806 loss on $10,000 · 38.1% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: L3Harris kept its $3 billion cash goal while raising other guidance. A miss would show that earnings growth did not bring the planned cash.
Worry ifFY26 free cash flow is below $3 billion.
Less concerning ifFY26 free cash flow reaches or exceeds $3 billion.