L3Harris (LHX)
NYSEIndustrialsAerospace & DefenseSnapshot 2026-09-04
$256.45-2.17%
Close 2026-09-04 · 1-day change
NYSEIndustrialsAerospace & DefenseSnapshot 2026-09-04
QuarterlyIQ Insights · LHX
Price, fair value, and the multiples that frame it on the same time axis. Scroll over the price chart to zoom.
Daily closes. Earnings/event dots inline.
A consensus fair price across 11 valuation methods, at three horizons. As of 2026-09-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $256 LHX trades at 22× p/e, below its 30× p/e peer median. Our $307 fair value sits above the price. It's a high-confidence read. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Score 100 = cheapest in the cohort, 0 = richest. Bars are filled left-to-right based on the peer-relative score (or PEG/self-history where shown).
Each method's implied share price per horizon. Provisional rows use a projected (historical-CAGR) growth input rather than analyst or management guidance.
| Method | Horizon | Est. price | Multiple | Per-share input | EPS source | Confidence |
|---|---|---|---|---|---|---|
| dcf fcfe | 12M | $291.33 | — | — | Hist. CAGR | high |
| dcf fcff | 12M | $590.90 | — | — | Hist. CAGR | high |
| graham number | 12M | $166.45 | — | — | TTM | high |
| Peer EV/EBITDA | 12M | $479.09 | 27.0 | 19.65 | TTM | high |
| Peer P/FCF |
A “consensus-then vs. actual-now” overlay is on the way — what our valuation estimate said on a past date versus where the price actually landed.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A long-thesis check that carries the widest uncertainty of the three horizons.
Above average on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Only weak execution quality — not the full expensive x weak x turbulent stack. Regime (Mania) does not concentrate fragility.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Looks cheaper than most peers in the same business.
Cheaper than its own typical valuation.
Trailing four: 2025-Q3, 2025-Q4, 2026-Q1, 2026-Q2
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
| 12M |
| $455.43 |
| 30.4 |
| 14.99 |
| TTM |
| high |
| Peer P/E | 12M | $362.31 | 27.8 | 13.04 | ntm analyst | high |
| Peer P/S | 12M | $399.51 | 3.3 | 121.25 | TTM | high |
| PEG | 12M | $412.55 | 35.6 | 11.60 | TTM | high |
| residual income | 12M | $118.53 | — | — | TTM | high |
| Own P/E history | 12M | $287.29 | 24.8 | 11.60 | TTM | high |
| triangulated | 12M | $373.56 | 30.3 | 12.32 | Triangulated | high |
| Peer P/FCF | 3Y | $692.66 | 30.4 | 22.80 | Hist. CAGR(prov.) | medium |
| Peer P/E | 3Y | $402.83 | 27.8 | 14.50 | Analyst | medium |
| Peer P/S | 3Y | $461.61 | 3.3 | 140.10 | guidance | medium |
| PEG | 3Y | $515.68 | 35.6 | 14.50 | Analyst | medium |
| Own P/E history | 3Y | $359.11 | 24.8 | 14.50 | Analyst | medium |
| Peer P/FCF | 5Y | $916.04 | 30.4 | 30.15 | Hist. CAGR(prov.) | high |
| Peer P/E | 5Y | $422.22 | 27.8 | 15.20 | Analyst | high |
| Peer P/S | 5Y | $483.83 | 3.3 | 146.84 | guidance | high |
| PEG | 5Y | $540.50 | 35.6 | 15.20 | Analyst | high |
| Own P/E history | 5Y | $376.39 | 24.8 | 15.20 | Analyst | high |