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L3Harris Technologies Inc. ($LHX) Stock Forecast: Up 5.2% Today

Morpher AI identified a bullish signal. The stock price may continue to rise based on the momentum of the good news.

What is L3Harris Technologies Inc.?

L3Harris Technologies Inc. ($LHX) is a prominent player in the defense industry, specializing in information and communication equipment for defense, government, and commercial sectors, with operations in various critical systems.

Why is L3Harris Technologies Inc. going up?

LHX stock is up 5.2% on Jan 8, 2026 20:50

  • L3Harris Technologies experienced a strong bullish movement today.
  • President Trump's announcement of a proposed $1.5 trillion fiscal 2027 defense budget buoyed share prices of US defense contractors, including L3Harris Technologies.
  • The increased defense spending proposal, despite potential restrictions on dividends and buybacks for underperforming contractors, instilled optimism in the market.
  • Additionally, the positive sentiment was reinforced by institutional investors like Robeco Institutional Asset Management B.V. significantly increasing their stake in L3Harris Technologies, reflecting confidence in the company's strong Q3 performance and future outlook.

LHX Price Chart

LHX Technical Analysis

LHX News

US Defense: President’s Budget Comment Buoys Share Prices

Shares of US defense contractors rose after President Trump announced plans for a $1.5 trillion fiscal 2027 defense budget. While this could broadly benefit the sector, the increased spending is expected to come with new restrictions, such as prohibiting dividends or buybacks for contractors falling behind on contracts. Morningstar maintains its fair value estimates for these companies, noting most remain fairly valued.

https://www.morningstar.com/stocks/us-defense-presidents-budget-comment-buoys-share-prices

0 News Article Image US Defense: President’s Budget Comment Buoys Share Prices

BNP Paribas Exane Adjusts L3Harris Technologies Price Target to $300 From $290, Maintains Neutral Rating

BNP Paribas Exane has raised its price target for L3Harris Technologies to $300, up from $290, while reiterating a Neutral rating on the stock. This adjustment reflects the analyst's updated valuation of the company. L3Harris Technologies specializes in information and communication equipment for defense, government, and commercial sectors, with significant operations in space and airborne systems, integrated mission systems, and communication systems.

https://www.marketscreener.com/news/bnp-paribas-exane-adjusts-l3harris-technologies-price-target-to-300-from-290-maintains-neutral-ra-ce7e59ddde80fe25

1 News Article Image BNP Paribas Exane Adjusts L3Harris Technologies Price Target to $300 From $290, Maintains Neutral Rating

Robeco Institutional Asset Management B.V. Has $42.45 Million Stock Position in L3Harris Technologies Inc $LHX

Robeco Institutional Asset Management B.V. significantly increased its stake in L3Harris Technologies Inc. by 72.1% in Q3, now holding 139,000 shares valued at $42.45 million. L3Harris exceeded Q3 earnings and revenue estimates and set a strong FY2025 EPS guidance, contributing to a "Moderate Buy" consensus among analysts. Despite a recent sale by the CEO, institutional investors own a substantial portion of the company's stock.

https://www.marketbeat.com/instant-alerts/filing-robeco-institutional-asset-management-bv-has-4245-million-stock-position-in-l3harris-technologies-inc-lhx-2026-01-08/

2 News Article Image Robeco Institutional Asset Management B.V. Has $42.45 Million Stock Position in L3Harris Technologies Inc $LHX

RTX Corp, Lockheed, L3Harris, Other Defense Stocks Climb In Thursday Pre-Market: What's Going On?

Shares of several U.S. defense companies, including Northrop Grumman, Lockheed Martin, L3Harris Technologies, and RTX Corp, saw significant pre-market gains on Thursday. This surge followed former President Donald Trump's call for a substantial increase in government defense spending for 2027, proposing $1.5 trillion. Despite criticizing defense contractors for prioritizing dividends over investments, Trump specifically targeted RTX Corp's Raytheon, threatening to block contracts if the company doesn't invest more in infrastructure.

https://finviz.com/news/270339/rtx-corp-lockheed-l3harris-other-defense-stocks-climb-in-thursday-pre-market-whats-going-on

3 News Article Image RTX Corp, Lockheed, L3Harris, Other Defense Stocks Climb In Thursday Pre-Market: What's Going On?

RTX Corp, Lockheed, L3Harris, Other Defense Stocks Climb In Thursday Pre-Market: What's Going On?

Shares of several U.S. defense companies, including Northrop Grumman, Lockheed Martin, L3Harris Technologies, and RTX Corp, saw pre-market gains on Thursday. This surge followed former President Donald Trump's call for a significant increase in the U.S. defense budget to $1.5 trillion for 2027. However, Trump also criticized these companies for prioritizing dividends and stock buybacks over essential investments, singling out RTX Corp's Raytheon for its perceived slow responsiveness and threatening to block its contracts.

https://www.benzinga.com/news/politics/26/01/49776867/rtx-corp-lockheed-l3harris-other-defense-stocks-climb-in-thursday-pre-market-whats-going-on

4 News Article Image RTX Corp, Lockheed, L3Harris, Other Defense Stocks Climb In Thursday Pre-Market: What's Going On?

L3Harris Technologies Inc. Price History

26.06.2024 - LHX Stock was down 5.0%

  • L3Harris Technologies (LHX) saw a decrease in stock value despite exceeding EPS estimates for the second quarter of 2024.
  • A downgrade by an analyst could have played a role in the market's negative view towards LHX.
  • Despite L3Harris raising its 2024 forecast, optimism in defense stocks was overshadowed by the reaction to the analyst's downgrade.
  • The disparity between surpassing EPS estimates and falling short of revenue projections likely influenced investor response, leading to the decline in LHX stock.

25.09.2024 - LHX Stock was up 5.4%

  • L3Harris Technologies (LHX) recently announced third-quarter earnings, exceeding revenue expectations with $5.3 billion.
  • The company adjusted its guidance upwards, reflecting a positive outlook on future performance.
  • Prior to the earnings call, analysts had anticipated quarterly earnings per share to rise to $3.26, potentially influencing the rise in the stock price.
  • The favorable earnings report and revised guidance indicate a robust performance by L3Harris, boosting investor confidence and driving the stock's upward trajectory.

11.05.2025 - LHX Stock was down 0.6%

  • The bearish movement in LHX today could be due to profit-taking by investors after a period of steady growth.
  • Despite being considered undervalued in the defense sector, market sentiment may have shifted temporarily, leading to the downward movement.
  • Investors might be reacting to broader market trends or specific news impacting the defense industry, causing a sell-off in LHX shares.

16.09.2025 - LHX Stock was down 5.1%

  • The decline in L3Harris Technologies Inc's short interest points to a reduced bearish outlook among investors.
  • Despite surpassing the market performance in the last ten years, the recent downturn could potentially be linked to investors selling off shares to lock in profits following a strong run.
  • With a market capitalization of $56.13 billion, L3Harris Technologies remains a major player in its field, though external factors might have influenced today's downward trend.
  • In summary, today's bearish movement in LHX's stock could be due to a mix of profit-taking, shifts in market sentiment, and external market forces.

15.09.2025 - LHX Stock was down 3.7%

  • The downward movement observed in L3Harris Technologies (LHX) today may be linked to investors taking profits following a period of strong performance.
  • Market dynamics could be influenced by broader economic issues or specific industry developments affecting the aerospace and defense sector where LHX operates.
  • Investors may be reacting to short-term market changes and potentially overlooking the long-term growth prospects of L3Harris Technologies.
  • Traders should analyze LHX's historical performance and market position thoroughly before making impulsive decisions based on daily market movements.

13.01.2025 - LHX Stock was down 1.0%

  • Today's downward trend in L3Harris Technologies (LHX) may be due to investors engaging in profit-taking following a sustained period of market outperformance.
  • Investor response could be influenced by general market trends or industry-specific developments affecting the stock negatively.
  • Notwithstanding today's decline, the historical performance of LHX suggests it is a robust company with prospects for future expansion.

30.09.2025 - LHX Stock was up 5.8%

  • L3Harris Technologies (LHX) exceeded Q3 earnings estimates and raised its revenue outlook for 2025, showcasing strong financial performance and future growth prospects.
  • The positive Q3 results across all segments indicate the company's resilience and ability to navigate challenges, potentially boosting investor confidence in LHX.
  • Despite potential margin pressures, the overall market response to LHX's earnings report has been overwhelmingly positive, driving the stock price higher in today's bullish movement.

24.03.2025 - LHX Stock was up 0.2%

  • LHX stock saw a rise in value today, possibly linked to the company's recent partnerships with major defense contractors like Northrop Grumman and Palantir for AI-powered combat vehicles.
  • The market reacted positively to this development, as these collaborations are anticipated to strengthen LHX's technological capabilities and potentially boost revenue in the defense sector.
  • Investors may interpret these partnerships as strategic maneuvers that could establish LHX as a significant player in defense technology, resulting in a stock price increase in expectation of future growth and profitability.

30.09.2025 - LHX Stock was up 4.8%

  • L3Harris Technologies (LHX) reported better-than-expected Q3 earnings and raised its 2025 outlook, indicating strong financial performance and future growth prospects.
  • Despite potential margin pressures, the growth in key segments has likely contributed to the bullish movement in LHX stock.
  • The positive earnings report has instilled confidence in investors, leading to increased buying activity and driving the stock price higher.
  • Overall, the optimistic outlook and solid financial results have propelled LHX into a strong bullish momentum in today's market.

08.00.2026 - LHX Stock was up 5.2%

  • L3Harris Technologies experienced a strong bullish movement today.
  • President Trump's announcement of a proposed $1.5 trillion fiscal 2027 defense budget buoyed share prices of US defense contractors, including L3Harris Technologies.
  • The increased defense spending proposal, despite potential restrictions on dividends and buybacks for underperforming contractors, instilled optimism in the market.
  • Additionally, the positive sentiment was reinforced by institutional investors like Robeco Institutional Asset Management B.V. significantly increasing their stake in L3Harris Technologies, reflecting confidence in the company's strong Q3 performance and future outlook.

08.00.2026 - LHX Stock was up 5.4%

  • A significant increase in stake in L3Harris Technologies Inc. by Robeco Institutional Asset Management B.V. is seen as a vote of confidence in the company's performance and future prospects.
  • Calls for a substantial increase in the U.S. defense budget to $1.5 trillion for 2027, made by former President Donald Trump, have had a positive impact on defense stocks, including LHX, leading to a surge in their market value.
  • Despite concerns about LHX's valuation, the bullish movement today can be attributed to strong earnings, revenue estimates, and optimistic FY2025 EPS guidance, reinforcing investor sentiment in the company's growth trajectory.

07.00.2026 - LHX Stock was down 0.9%

  • L3Harris Technologies Inc. (LHX) experienced a bearish movement today, possibly due to the announcement of selling a majority stake in its Space Propulsion and Power Systems business.
  • The market may have reacted negatively to the uncertainty surrounding the strategic changes within L3Harris, leading to a sell-off of the stock.
  • The potential impact of geopolitical tensions, such as the threat of military intervention in Iran, could also have contributed to the bearish sentiment in the defense sector, affecting companies like L3Harris.
  • Investors might be cautious about the implications of these strategic shifts on L3Harris' future growth and profitability, leading to a decline in the stock price.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.