L3Harris Technologies, Inc. Monthly Stock Report - January 02, 2026

Company Overview

L3Harris Technologies, Inc. (NYSE: LHX), headquartered in Melbourne, Florida, stands as a formidable player in the Aerospace & Defense industry, part of the broader Industrials sector. Founded in 1895 and rebranded from Harris Corporation in June 2019, L3Harris specializes in mission-critical solutions tailored for government and commercial clients around the globe. The company's operations are segmented into Space & Airborne Systems (SAS), Integrated Mission Systems (IMS), Communication Systems (CS), and Aerojet Rocketdyne (AR).

L3Harris provides an extensive array of advanced technological offerings, including satellite payloads, intelligence solutions, cyber defense, airborne combat systems, and tactical radio communications. With a strong client base including the U.S. Department of Defense and various international agencies, the company enjoys a robust operational capacity and considerable market presence, making it a key player in a sector that is increasingly seen as a safe and strategic investment.

52-Week Price Performance Analysis

52-Week Price Performance Chart

L3Harris Technologies has displayed an impressive upward momentum throughout the past year. The stock is currently trading at $293.57, showing a 42.64% increase from its 52-week low of $193.09. The stock's performance indicates resilience and robust buying interest, especially noticeable in the consistent upward trend observed from February to August.

Key Technical Insights

• Resistance Levels: There is a notable resistance range between $280 and $300, which the stock tested in September and October. A breakout above this level could signal further upward momentum.
• Support Levels: A significant support level is situated around $200, demonstrating its historical significance early in the year.
• Moving Averages: The 50-day moving average stands at $287.24, indicating a bullish sentiment as the stock has consistently traded above this average. Moreover, the presence of a green trendline indicates solid support levels where buying interest has accumulated.

Investors should monitor the stock closely for sustained trading above the critical resistance level of $293.57. A breakout would reinforce the bullish trend, while failure to maintain momentum could signal caution.

Financial Performance and Metrics

L3Harris Technologies has showcased strong financial health, highlighted by a total revenue of approximately $21.74 billion. The company's impressive performance is further reflected in their EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization), reported at around $4.08 billion.

Noteworthy Financial Highlights:

• Revenue Growth: L3Harris generated $5.7 billion in revenue for the third quarter of 2025, marking a 7% year-over-year increase.
• Earnings: The non-GAAP diluted EPS stands at $2.70, which is up 10% compared to the previous year.
• Total Shares Outstanding: The company has 187,052,847 shares outstanding, with 2,667,150 shares sold short, illustrating a short interest of only 0.0163% of total float shares, indicating overall investor confidence.

With a current price of $293.57, the stock trades at relatively attractive values compared to analysts' target prices, indicating further appreciation potential.

Recent News and Developments

L3Harris Technologies recently secured notable contracts, further solidifying its market position:

1. Contract with Republic of Korea: A $2.26 billion contract was awarded to provide modified Bombardier Global 6500 aircraft that enhance South Korea's airborne early warning and control capabilities. This partnership with Bombardier and Korean Air presents substantial growth opportunities for L3Harris in the Asian defense market. (Ask Traders)

2. GMLRS Propulsion Units: Furthermore, a follow-on production contract valued at up to $200 million for Guided Multiple Launch Rocket System (GMLRS) propulsion units was granted, marking the largest propulsion award to date for L3Harris. (Finance Charts)

This favorable news aligns with the company's robust financial results that led to raised guidance for 2025, reflecting management's confidence in sustained growth.

Market Sentiment and Analyst Recommendations

L3Harris has garnered positive analyst sentiment, validated by recent changes in recommendations. On December 16, 2025, Morgan Stanley upgraded their rating from Equal-Weight to Overweight, demonstrating heightened confidence in L3Harris as it targets a price of $343.22, representing a potential upside of 18.95%.

Consensus Analysis:

• Analysts generally recommend a strong buy, with a mean recommendation score of approximately 1.64 from 20 analysts.
• Target prices vary, showcasing a low target of $283.00 up to a high target of $369.00, with a target mean price at $335.15.

In summary, while the stock faces intermittent volatility, the overall market sentiment remains positive, indicating a solid outlook for L3Harris Technologies. The combination of robust fundamentals, strategic partnerships, and an expanding portfolio positions the company for significant growth potential in an evolving global landscape.

Conclusion

In conclusion, L3Harris Technologies, Inc. exhibits strong growth potential, backed by a solid financial foundation, a positive trajectory in stock performance, and strong analyst recommendations. However, as always, potential investors must weigh both opportunities and risks carefully before considering an investment. Monitoring market developments, breakthrough contract wins, and overall economic conditions will be key to making informed investment decisions in the dynamic aerospace and defense industry.