LHX

L3Harris Technologies, Inc.

Industrials · $44.3B market cap

Verdict

Share price

$236.60

close of Oct 3, 2026

Fair value

$282.83

Sticker Price

Payback Price

$113.13

buy price

Undervalued

LHX is Undervalued: at $236.60 it trades 16% below its fair value of $282.83. Its buy price (Payback Price) is $113.13, 52% below today's price. Business quality is limited: only 1 of 5 key numbers clears the 10% bar.

How we valued it

Free Cash Flow. Sales grew 9% a year over the last 3 years, below the 15% we look for in a fast grower, so we value it on its free cash flow instead of an earnings forecast.

Business quality

1 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth7.6% a year✗
Equity per share growth12.4% a year✓
Sales growth9.1% a year✗
Free cash flow growth9.9% a year✗
Return on invested capital5.1%✗

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Superinvestors

2 of the investors we track hold LHX. In Q2 2026, 1 sold out. Who we track

Moves in Q2 2026

Sold out: David Tepper

Insider activity

Since Jul 1, 2026: no open-market purchases and 13 other filings (stock awards, tax withholding and similar). Why purchases matter

Other filings

About L3Harris Technologies, Inc.

L3Harris Technologies, Inc. is a prominent technology firm specializing in aerospace and defense, delivering vital, high-stakes solutions to governmental and commercial clients across the globe. Its diverse operations are organized into several key segments: The Integrated Mission Systems division is responsible for providing versatile intelligence, surveillance, and reconnaissance (ISR) platforms, alongside various…

Aerospace & Defense

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works