LHX

Over the past six months, L3Harris Technologies' stock (LHX) has experienced a decline, with the share price at $236.60 on October 2, 2026, representing a 21.92% decrease from October 6, 2025. The stock decreased by 22.43% over the last 12 months and 9.92% in the past month as of September 30, 2026, reaching a 52-week low of $233.99 on October 7, 2026, reflecting broader concerns in the defense and aerospace sectors. Despite the stock decline, the company reported better-than-expected financial results for the second quarter of 2026, with adjusted earnings of $3.13 per share and revenue of $5.9 billion, an 8% increase from the previous year. L3Harris also secured a significant $876.4 million contract modification from the U.S. Department of War and a $6 billion contract from Lockheed Martin for propulsion production. Analyst ratings have been mixed, with some initiating coverage with a 'buy' rating while others downgraded the stock or reduced price targets due to factors like leadership changes and the unclear path of a planned Missile Solutions IPO; the consensus rating for LHX is 'Moderate Buy' with an average target price of $350.08.