LHX

NYSE

L3HARRIS TECHNOLOGIES, INC. /DE/

Industrials, Aerospace & Defense

$286.67

close 7 Aug 2026

+6.05%

52-week change

$53.37B

market cap

$262.68

$379.23

52-week range

Expected price

$294.83 – $360.35

Current price

$286.67

Signal

Could be undervalued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)28.96x

P/S (TTM)1.36x

P/B2.68x

EV/EBITDA (TTM)12.02x

FCF yield (TTM)5.26%

PEG (TTM, GAAP)1.83

Context

P/E, own 5-year average32.65x

P/E, sector median29.72x*

Price at 5-year median P/E$328.08*

Indicated dividend yield1.74%

Forward — analyst consensus

Forward P/E (FY2026)23.90x*

Forward P/E (FY2027)21.35x

Forward PEG2.00*

Consensus EPS FY2026 (8 analysts)$11.99

EPS growth (FY2026→FY2027)11.93%

Revenue growth (FY2026)8.09%

Street view

Price target (mean)$343.27*

Target upside19.74%

Ratings (buy / hold / sell)12 / 5 / 0

FY2026 EPS revisions, 30d (up / down)9 / 3

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

Dividend yield

period to 3 Jul 2026, filed 30 Jul 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

5Y CAGR +2.06%10Y CAGR +14.28%

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$286.67

Cash & equivalents$1.52B

Total debt$11.00B

Shares outstanding186.16M

Result

DCF price per share$220.72

Current price$286.67

Margin of safety-23.01%

PV of years 1–10$20.84B

PV of terminal value$29.72B

Equity value$41.09B

Market-implied growth+4.84%

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	$2.87B	$2.92B	$2.99B	$3.05B	$3.11B	$3.17B	$3.24B	$3.31B	$3.37B	$3.44B	$64.17B
PV	$2.65B	$2.51B	$2.37B	$2.24B	$2.12B	$2.00B	$1.89B	$1.79B	$1.69B	$1.59B	$29.72B

period to 3 Jul 2026, filed 30 Jul 2026, close 7 Aug 2026