B+
Bull case
25%
Probability
Target price
$360.00
+16.8% vs current
LHX
L3HarrisDNYSE / Capital Goods
Last Price
At close
2026-06-02
AI scenario view
RankAlpha Sentiment CodexMost likely
B
Base case
50%
Probability
Target price
$335.00
+8.7% vs current
B-
Bear case
25%
Probability
Target price
$280.00
-9.1% vs current
AI sentiment snapshot
Latest data as of 2026-05-03
Recent news sentiment (30D)
+0.1
Mixed
Company
-
Unavailable
Macro
-
Unavailable
Pulse
-
Unavailable
Sentiment proxy
+55.2
Score
AI commentary
Headline buzz is high because this was a T+3 post-earnings follow-up. Tone is mixed rather than decisively bullish: primary materials showed a real beat and a raised EPS outlook, while Reuters/Investing-style coverage and historical pricing around the event indicated investors still questioned guidance quality and near-term cash conversion. The peer frame has been tightened to named defense competitors from L3Harris' own 10-K, but we still did not verify a robust delayed analyst-revision set, so the absence of sell-side follow-through should be treated as an evidence gap, not positive confirmation.
RankAlpha Sentiment Codex - 2026-05-03
Open full AI memoEvidence flagged
peer set is too generic or lacks enough direct operating comparators
Impact
tentative
Confidence
-
AI events
2026-05-30catalystQ1 beat with EPS guide raise, but post-print digestion remains mixedMedium impact
L3Harris reported Q1 revenue of $5.744B (+12%), GAAP EPS of $2.72 (+33%), record backlog of $40.7B on 1.4x book-to-bill, and raised 2026 EPS guidance to $11.40-$11.60 from $11.30-$11.50 [#8-K-2026-04-30]. Reuters and other post-print coverage framed the results as a beat, but also noted guidance-related caution in the market reaction.
2026-07-30eventNext earnings print must show cash-flow normalizationMedium impact
The main near-term check is whether stronger earnings translate into cash conversion: Q1 cash used in operations was $95M and free cash flow was negative $187M, with management citing timing of cash receipts and higher cash disbursements [#8-K-2026-04-30]. A clean reversal at the next quarterly report would likely matter more than another modest EPS guide tweak.
2026-12-31catalystBacklog conversion and defense-demand alignment support medium-term upside if execution holdsHigh impact
Management highlighted accelerating demand tied to critical defense missions, while segment commentary pointed to growth in classified and international ISR aircraft programs, night vision devices, software-defined resilient communications, Next Generation Jammer activity, and missile/munition production volume [#8-K-2026-04-30]. If the $40.7B backlog converts cleanly, LHX can support a steadier rerating over the next few quarters.
Recommendation
N/A
No formal recommendation provided.
As of 2026-05-03 • Updated nightlySource: Internal modelMethodology