LHX

Northrop Grumman Corporation NOC is scheduled to release second-quarter 2026 results on July 21, before market open. The company delivered an earnings surprise of 0.99% in the last reported quarter. Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results. Northrop Grumman’s second-quarter earnings are expected to have benefited from solid demand, supported by one of the strongest backlogs in the defense industry. It offers strong visibility into near-term revenue streams. Continued geopolitical tensions, increasing U.S. and allied defense spending, and demand for advanced aircraft, missile defense, space systems, and autonomous technologies should have continued to support new contract awards and program execution during the second quarter.Management stated that it expects "high single-digit sequential sales growth" in the second quarter. This suggests that revenues should increase meaningfully from the first-quarter level, with growth expected across all four operating segments rather than being driven by a single business. Segment operating margins are expected to improve, driven by stronger operational performance, favorable production timing and a better business mix.The company’s top line is likely to have benefited from the ramp-up of major programs, particularly in missile systems, airborne radar, and strategic modernization efforts. These programs are transitioning into higher production phases, which typically boosts revenues. While the Sentinel program remains a key long-term growth driver for Northrop Grumman, it also represents the company's biggest execution risk. Following cost overruns and schedule delays, the U.S. Air Force restructured the program, and discussions with the government on revised costs, timelines, and contract terms are ongoing. If the company records additional cost growth, revises program estimates, or recognizes new charges during the second quarter, it could negatively impact operating margins and earnings. The Zacks Consensus Estimate for earnings is pegged at $6.84 per share, indicating a year-over-year decrease of 3.8%.The Zacks Consensus Estimate for revenues is pinned at $10.78 billion, implying a year-over-year improvement of 4.1%. Our proven model predicts an earnings beat for Northrop Grumman this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong...

Expectations for defense earnings are low. That isn’t the case for commercial aerospace earnings, though.

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. L3Harris Technologies stock has delivered a 57.7% return over the past three years, and the current checks suggest the shares may still trade below their intrinsic value even after that run. A 57.7% gain over three years points to solid shareholder returns that now need to be weighed against what the current price implies for future cash flows. Fresh US$84 million orders for NGC2 manpack radio systems can support confidence in future defense communications revenue, while reliance on government and defense budgets remains a key risk for how investors price that cash flow stream. L3Harris Technologies scores highly on valuation, with the stock screening as undervalued in 6 of 6 checks. This points to a market price that may sit below a conservative intrinsic value estimate. The issue now is whether the current share price of L3Harris Technologies still offers enough valuation upside to compensate for the risks in its defense focused cash flows. Find out why L3Harris Technologies' 13.8% return over the last year is lagging behind its peers. The Discounted Cash Flow (DCF) model here uses L3Harris Technologies' projected cash flows to estimate what the stock could reasonably be worth today. On the latest twelve month numbers, L3Harris generated about $2.6b in free cash flow, and the DCF assumes those cash flows keep growing from this base rather than shrinking. On that basis, the model arrives at an estimated intrinsic value of about $431 per share. Compared with the current share price, this DCF output implies the stock trades at roughly a 32.6% discount, so the market price sits well below this intrinsic value estimate. The recent US$84 million NGC2 manpack radio orders align with the idea of ongoing cash generation, yet the current valuation still prices L3Harris Technologies as if its future cash flows are worth materially less than the model suggests. Overall, the DCF workup indicates L3Harris Technologies stock currently appears undervalued relative to the projected cash flows used in this model. Our Discounted Cash Flow (DCF) analysis suggests L3Harris Technologies is undervalued by 32.6%. Track this in your watchlist or portfolio, or discover 44 more high quality undervalued stocks. Head to the Valuation section of our Company Report for more...

MELBOURNE, Fla., July 06, 2026--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) will release its second quarter 2026 financial results after the market closes on Wednesday, July 29, 2026. The company will then host an earnings call on Wednesday, July 29, 2026, at 5 p.m. ET. Participants are encouraged to listen via webcast at L3Harris.com. A replay of the call will also be available on L3Harris.com following the event. About L3Harris Technologies L3Harris is the Trusted Disruptor in defense tech. With customers’ mission-critical needs always in mind, our employees deliver end-to-end technology solutions connecting the space, air, land, sea and cyber domains in the interest of national security. Visit L3Harris.com for more information. View source version on businesswire.com: https://www.businesswire.com/news/home/20260706642345/en/ Contacts Tony CalderonInvestor [email protected] BandaMedia [email protected]

Melbourne, Florida-based L3Harris Technologies, Inc. (LHX) provides mission-critical solutions for government and commercial customers worldwide. The company has a market cap of $54.1 billion and operates through three segments: Space & Mission Systems (SMS), Communications & Spectrum Dominance (CSD), and Missile Solutions (MSL). LHX is expected to release its Q2 2026 earnings soon. Ahead of the event, analysts expect the company’s EPS to be $2.79 on a diluted basis, up marginally from $2.78 in the year-ago quarter. The company has exceeded Wall Street’s EPS estimates in each of its last four quarters. Dear Microsoft Stock Fans, Mark Your Calendars for August 1 Heavy Advanced Micro Devices Call Options Volume Today - Is AMD Undervalued? From Zero to $15 Billion, Qualcomm’s AI Roadmap Gets a Boost From Modular Acquisition Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. For fiscal 2026, analysts project the company’s EPS to be $11.52, up 7.4% from $10.73 in fiscal 2025. Moreover, its EPS is expected to rise by roughly 17.4% year over year (YoY) to $13.52 in fiscal 2027. LHX stock has grown 15.9% over the past 52 weeks, underperforming the S&P 500 Index’s ($SPX) 20.9% rise and the State Street Industrial Select Sector SPDR ETF’s (XLI) 25.6% rise during the same time frame. On Apr. 30, LHX stock declined marginally following the release of its Q1 2026 earnings. The company’s revenue for the quarter amounted to $5.7 billion, surpassing the Street’s estimates. Moreover, its adjusted EPS for the period came in at $2.72, also topping Wall Street’s estimates. L3Harris expects full-year earnings to be $11.40 to $11.50 per share, with revenue in the range of $23 billion to $23.5 billion. Analysts are moderately bullish on LHX, with the stock currently rated “Moderate Buy” overall. Among the 20 analysts covering the stock, 14 are recommending a “Strong Buy,” and six suggest a “Hold.” LHX’s average analyst price target is $385.05, indicating an upside of 32.5% from the current levels. On the date of publication, Aritra Gangopadhyay did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com

Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. L3Harris Technologies (LHX) is back in focus after better than expected fiscal 2026 first quarter results, a US$25 million expansion of its Huntsville manufacturing facility, and fresh aerospace collaboration agreements. See our latest analysis for L3Harris Technologies. The stock has lost momentum since early March, with a 90 day share price return showing a decline of 15.4%. However, a 1 year total shareholder return of 27.9% and 3 year total shareholder return of 72.9% indicate that longer term holders have still been rewarded. If you are tracking how defence and aerospace demand is affecting related companies, it can be useful to scan a wider set of opportunities through the 34 power grid technology and infrastructure stocks With L3Harris trading at US$308.17 and sitting at around a 24% discount to the average analyst price target, as well as showing a similar gap to one intrinsic value estimate, you have to ask: is this a genuine opening, or is the market already baking in future growth? Analysts following L3Harris see fair value at about $381.95, compared with the last close at $308.17. This puts their narrative squarely in the undervalued camp. Read the complete narrative. Want to see what powers that valuation gap? The narrative leans on compounded revenue gains, thicker margins and a future earnings base that assumes a tighter share count. Result: Fair Value of $381.95 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, the story can change quickly if fixed price contracts run into cost or technology problems, or if tighter U.S. and allied budgets slow defense orders. Find out about the key risks to this L3Harris Technologies narrative. If the mixed sentiment around L3Harris has you thinking, use the momentum to check the full picture quickly and weigh the 5 key rewards and 1 important warning sign If you stop at just one stock, you risk missing other opportunities that fit your style, so widen your net with a few targeted screeners. Spot potential mispricings early by scanning 46 high quality undervalued stocks that combine quality fundamentals with room for re rating. Prioritize resilience and sleep better at night by focusing...

Cognyte Software Ltd. CGNT delivered a mixed start to fiscal 2027, leaving investors weighing strong operational execution against lingering concerns. The company provides data processing and AI-driven investigative analytics solutions primarily to governments and law enforcement agencies. As simmering geopolitical tensions lead to complex and massive volumes of data, the demand for such solutions is exploding. Image Source: Zacks Investment Research Revenues for the fiscal first quarter rose 10.4% year over year to $105.5 million and beat the Zacks Consensus Estimate by 0.2%. However, non-GAAP earnings per share came in at 3 cents, lower than 7 cents reported in the prior year quarter and the Zacks Consensus Estimate of 10 cents. The stock price declined 20.6% on June 3. Since then, the stock price has lost 22%. It closed yesterday at $9.06, up 0.8%. This slide is bound to raise the obvious question: Is this the beginning of a deeper structural problem, or simply a pause in an otherwise long-term growth story? Let's do a deep dive and assess what to do with CGNT. Cognyte’s appeal lies in its positioning within a high-growth, mission-critical market. Governments and security agencies are dealing with increasingly complex threats, driving demand for advanced analytics and AI-driven intelligence platforms. Management emphasized that demand is being driven by rising data volumes, fragmented intelligence sources and the need for faster decision-making. A major highlight this quarter was higher subscription and recurring revenues. Software revenues of $47.3 million rose 26.5% year over year, while software services revenues of $50.1 million were up 12.1%. Recurring revenues were up 10% to $51.9 million, accounting for nearly 49.2% of total revenues, improving long-term visibility. Management remains focused on installed base expansion, new client acquisition and scaling of the U.S. market. CGNT noted that within the federal vertical, it has advanced several opportunities through proof of concepts and live operational demonstrations. It now has a maturing pipeline, including opportunities developed directly and via collaborations. CGNT added that it expects to generate $20 million in deals and considers the U.S. security market a significant long-term opportunity. The integration of AI into investigative workflows is emerging as a key differentiator. Cognyte is em...

It has been about a month since the last earnings report for Joby Aviation, Inc. (JOBY). Shares have added about 8.7% in that time frame, outperforming the S&P 500. But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Joby Aviation, Inc. due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Joby Aviation reported a first-quarter 2026 loss of 21 cents per share (on an adjusted basis), which matched the Zacks Consensus Estimate. In the year-ago reported quarter, JOBY incurred loss of 18 cents. Quarterly revenues came in at $24.24 million, beating the Zacks Consensus Estimate of $19 million. In the March-end quarter, total operating expenses increased 57.9% year over year due to higher research and development (up 32.2%) and selling, general, and administrative (up 112.2%) costs. Adjusted EBITDA in the first quarter of 2026 was a loss of $178.54 million, which includes employee costs and support associated with the development, certification and manufacturing of the aircraft and operations of Blade. JOBY exited the first quarter with cash and cash equivalents of $874.52 million compared with $240.81 million at the end of prior quarter. Long-term debt was $701.05 million at the end of the reported quarter. Full year 2026 total revenues is expected in the range of $105 million to $115 million. In the past month, investors have witnessed a downward trend in fresh estimates. Currently, Joby Aviation, Inc. has a poor Growth Score of F, however its Momentum Score is doing a bit better with a D. Charting a somewhat similar path, the stock has a grade of F on the value side, putting it in the lowest quintile for value investors. Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Joby Aviation, Inc. has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Joby Aviation, Inc. belongs to the Zacks Aerospace - Defense industry. Another stock from the same industry, L3Harris (LHX), has gained...

We recently compiled a list of the 8 Most Oversold Large Cap Stocks to Buy. L3 Harris Technologies, Inc. (NYSE:LHX) is among the most oversold stocks. TheFly reported on May 4 that LHX saw its valuation outlook adjusted as Bernstein reduced the price target to $405 from $435 while maintaining an Outperform rating on the shares. The revision came after the company’s April 30 first-quarter earnings release, which exceeded expectations on both earnings and revenue. Earnings per share came in at $2.72 compared with consensus estimates of $2.53, while revenue reached $5.7 billion versus expected $5.4 billion. On April 30, L3 Harris Technologies, Inc. (NYSE:LHX) disclosed that it has confidentially filed a draft Form S-1 registration statement with the U.S. Securities and Exchange Commission. The filing relates to a potential initial public offering of common stock for its missile solutions business segment. Key details such as the number of shares to be offered and the expected price range have not yet been determined. Copyright: chalabala / 123RF Stock Photo The company noted that the proposed offering remains subject to market conditions, regulatory review, and completion of the SEC review process. The move represents an early step in evaluating a possible separation or public listing of the business unit, depending on future approvals and market environment. L3 Harris Technologies, Inc. (NYSE:LHX) is a U.S. aerospace and defense company based in Melbourne. It provides communication, surveillance, electronic warfare, and mission systems across air, land, sea, and space for government and commercial customers. While we acknowledge the potential of LHX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Cancer Stocks to Buy for the Long Term and 10 Most Popular Stocks on Robinhood in 2026. Disclosure: None. Follow Insider Monkey on Google News.

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks' without any revenue, let alone profit. But as Peter Lynch said in One Up On Wall Street, 'Long shots almost never pay off.' While a well funded company may sustain losses for years, it will need to generate a profit eventually, or else investors will move on and the company will wither away. If this kind of company isn't your style, you like companies that generate revenue, and even earn profits, then you may well be interested in L3Harris Technologies (NYSE:LHX). Even if this company is fairly valued by the market, investors would agree that generating consistent profits will continue to provide L3Harris Technologies with the means to add long-term value to shareholders. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. The market is a voting machine in the short term, but a weighing machine in the long term, so you'd expect share price to follow earnings per share (EPS) outcomes eventually. That makes EPS growth an attractive quality for any company. It certainly is nice to see that L3Harris Technologies has managed to grow EPS by 25% per year over three years. If growth like this continues on into the future, then shareholders will have plenty to smile about. One way to double-check a company's growth is to look at how its revenue, and earnings before interest and tax (EBIT) margins are changing. EBIT margins for L3Harris Technologies remained fairly unchanged over the last year, however the company should be pleased to report its revenue growth for the period of 5.8% to US$22b. That's a real positive. The chart below shows how the company's bottom and top lines have progressed over time. To see the actual numbers, click on the chart. See our latest analysis for L3Harris Technologies Fortunately, we've got access to analyst forecasts of L3Harris Technologies' future profits. You can do your own forecasts without looking, or you can take a peek at what the professionals are predicting. We would not expect to see insiders owning a large percentage of a US$58b company like L3Harris Technologies. But thanks to their investment in the company, it's pleasing to see that there are still incentives to align their actions with the shareholders. We note that their impressive stake in...

Strong Q1 and upgraded earnings guidance: L3Harris reported Q1 revenue of $5.7 billion (about 15% organic growth) and GAAP EPS of $2.72 (+33%), reaffirmed full-year revenue guidance of $23.0–$23.5 billion and raised GAAP EPS to $11.40–$11.60. Backlog and portfolio moves: Backlog has nearly doubled to over $40 billion (excluding ~$25 billion of Munitions Acceleration Council orders), and the company filed a confidential S‑1 to spin off its Missile Solutions unit as "Axyz" while arranging a 60% sale of its space propulsion business and a $1 billion partnership investment. Strong demand and international wins: Book‑to‑bill was 2.2x with major awards including a >$2.2 billion NATO ally program (initial $726M), roughly $700M in Canadian tanker/transport awards, $460M in international communications orders, growing classified exposure (~28%), and an estimated ~$40 billion international ISR pipeline. Interested in L3Harris Technologies Inc? Here are five stocks we like better. After 15% L3Harris Price Drop, Is It Time to Buy or Time to Fly? L3Harris Technologies (NYSE:LHX) reported strong first-quarter results and reaffirmed its full-year revenue outlook while raising its GAAP earnings guidance, as executives pointed to accelerating demand tied to U.S. and allied defense modernization, a growing backlog, and increased investment in capacity and innovation. Tony Calderon, vice president of investor relations and corporate development, said the company published its first-quarter earnings release and updated 2026 guidance, alongside its Form 10-Q and a supplemental presentation. → Corning Beats Q1 Estimates but Drops 9% on Guidance Miss Why This Defense ETF Could Keep Rallying as the Iran Conflict Escalates Chairman and CEO Chris Kubasik described the quarter as “one of the best we’ve had,” and said demand across the Middle East, Europe, and the Indo-Pacific is driving urgency around “readiness, resilience, and modernization.” He also highlighted a supportive budget backdrop, citing a proposed “$1.1 trillion base budget request and a $350 billion in reconciliation funding,” which he said aligns with L3Harris priorities including “critical missiles and munitions, SDA tracking layer, Compass Call business jets, and tactical communication modernization.” Kubasik said backlog has “almost doubled to over $40 billion,” adding that it does not include “$25 billion of orders...

(Bloomberg) -- Apple Inc. reports quarterly earnings after the close on Thursday, but investors will be largely looking past the numbers and seeking clues to incoming Chief Executive Officer John Ternus’ strategic plans. Most Read from Bloomberg US Seeks to Deploy Hypersonic Missile for the First Time Against Iran North Korea Confirms Suicide Rule for Soldiers Ukraine Captures Two NJ Malls Separated by Just Four Miles — and Very Different Fates Junior Bankers Sick of Grunt Work Build $2 Billion AI Tool to Do the Job Meta Shares Plunge on Rising Concern About AI Spending Spree The iPhone maker announced last week that Ternus, its current head of hardware infrastructure, will take over for CEO Tim Cook on Sept. 1. That makes Apple’s fiscal second-quarter earnings report, outlook and conference call the first significant opportunity for Wall Street to get a reading on the new leader’s priorities. It isn’t clear if Ternus will appear on the call, and a company spokesperson declined to comment. “It isn’t really about the numbers,” said Anthony Saglimbene, chief market strategist at Ameriprise. “We want to know what the CEO transition looks like.” Ternus is taking over at a complex time for one of the world’s biggest companies, which is expected to debut a number of major products in upcoming months — notably a foldable iPhone. But while growth trends are improving, Apple has been grappling with skyrocketing costs for key components like memory chips and a volatile macro backdrop driven by the war in Iran and advances in AI that have minted stock market winners and losers. “Investors have reason to be excited about Ternus since he was an overseer of some of Apple’s most successful recent products, but his strategy will be a long-term story,” said David Wagner, portfolio manager at Aptus Capital Advisors, which has about $14 billion in assets and holds Apple in a variety of portfolios. “In the short term, the impact of component costs will be the focal point.” Apple shares are up less than 1% this year after a relatively disappointing 8.6% gain in 2025. By contrast, the technology-heavy Nasdaq 100 Index is up 8.3% in 2026 and the S&P 500 Index has gained 4.9%. Apple’s stock was up 1.2% on Thursday afternoon. While the company is accelerating development of AI-powered hardware devices and features, it has also seen a number of delays with its own artificial intellig...