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LHX

L3HarrisC
NYSE / Capital Goods
Last Price
Quote time unavailable
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Current thesis
The THAAD and PAC-3 awards add multi-year production visibility to the $42 billion Q2 backlog; successful capacity expansion and conversion could support upside. [#PR-THAAD-2026-09-29] L3Harris THAAD release [#SEC-8K-2026-07-29]
Posture
Mixed
Lead driver
Value
What changed
Next scheduled catalyst: earnings 2026-10-29 · BMO.
What can break
Continued funding is required to realize the full stated THAAD contract value; both major September awards are undefinitized.
Momentum
33
Value
57
Sentiment
53
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $250.00 · Bull $285.00 · Bear $190.00Analysis 2026-09-30; returns require an exact persisted reference.
Earnings
2026-10-29 · BMO
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-10-23 • Vendor: Data Vendor v1
Scores
As of 2026-10-23 • Model: HYBRID_IC_RP
AI Memo
As of 2026-09-30 • Model: RankAlpha Sentiment Codex
Investment thesis
As of 2026-10-23

Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-10-23. Definitions

Supporting evidence
What
Grade C · Mixed
Confidence Medium · Net Neutral
Target $326.06
Why
Momentum33 · Δ7d -4.5
Value57 · Δ7d -0.7
Sentiment53 · Δ7d -2.2
So what
Balanced signals (Net Neutral). Wait for confirmation before sizing up.

Confirming evidence

  • • Next scheduled catalyst: earnings 2026-10-29 · BMO.
  • • Value remains the lead driver in the composite, 7D delta -0.7.

Contradictions & invalidation

  • • Continued funding is required to realize the full stated THAAD contract value; both major September awards are undefinitized.
  • • Contract headlines may overstate incremental upside because L3Harris described the THAAD and PAC-3 awards as consistent with previously announced expectations.
  • • Both September awards are undefinitized, the THAAD award was described as consistent with prior expectations, and full realization depends on funding and factory execution.

Catalyst clock

2026-10-29 · BMO

PAC-3 MSE propulsion award

Lead driver: Value · See fundamentals
Momentum
33
8% active weight
Current posture
7d trendSoftening
Δ7d
-4.5
Δ21d
+1.9
Value
57
47% active weight
Current posture
7d trendFlat
Δ7d
-0.7
Δ21d
-2.5
Sentiment
53
45% active weight
Current posture
7d trendSoftening
Δ7d
-2.2
Δ21d
-15.5
Why this grade

Composite grade C. Momentum 33.3 / Value 56.7 / Sentiment 53.0

Scenario snapshot

Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-09-30. Scenario method

B+
Bull case
30%
Probability
Target price
$285.00
Analysis reference price unavailable
Analysis 2026-09-30 · RankAlpha Sentiment Codex
Most likely
B
Base case
50%
Probability
Target price
$250.00
Analysis reference price unavailable
Analysis 2026-09-30 · RankAlpha Sentiment Codex
B-
Bear case
20%
Probability
Target price
$190.00
Analysis reference price unavailable
Analysis 2026-09-30 · RankAlpha Sentiment Codex
Fundamentals (TTM)
As of 2026-10-23
Market Cap
$47.29B
Beta
0.64
Shares Out
186.22M
P/E (TTM)
33.4
P/S (TTM)
2.68
P/FCF (TTM)
58.83
Rev YoY
+8.4%
EPS YoY
+28.3%
Gross Margin
+22.5%
Op Margin
+11.1%
Net Debt
$10.18B
Current Ratio
1.18
As of 2026-10-23 • Updated nightlySource: Internal modelMethods & Data