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L3Harris Technologies (LHX, Aerospace & Defense) Stock Valuation & Fair Value Trading above its usual valuation

L3Harris Technologies (LHX, Aerospace & Defense) trades at a blended P/E of 20.3, about 27% above its historical normal valuation, with a forward growth estimate of 13.8% and a PEG of 1.47. Analysts' one-year estimates have been hit 82% of the time. Priced at its historical normal P/E of 15.9 on the same blended earnings, the 2026-10-02 close of $236.60 corresponds to about $186 a share. This is a valuation reference, not a price target.

Blended P/E
20.3
Normal P/E
15.9
PEG
1.47
Fwd growth
13.8%
Div yield
2.1%
RSI (14)
33.8
Neutral
Technical context
  • Price $236.92 at the 2026-10-08 close, 1.8% below the 20-day average ($241.28) and 8.6% below the 50-day ($259.24).
  • RSI (14) at 33.8.
  • 52-week range $233.63 to $373.85: the price is 36.6% below the high and 1.4% above the low.

The Street vs SeerForecast

Wall Street's mean price target for LHX is $335.33 across 15 analysts, 41.5% above the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: trading above its usual valuation. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating moved from significantly overvalued (2026-06-10) to trading above its usual valuation (2026-10-05).

Blended P/E and rating by weekBlended P/E moved from 27.7 to 20.3 between 2026-06-10 and 2026-10-02, against a normal P/E of 15.9, with 1 rating change over 36 recorded weeks.2026-06-10: P/E 27.7, Significantly overvalued, recalculated for the week of 2026-06-102026-06-12: P/E 27.7, Significantly overvalued, recalculated for the week of 2026-06-142026-06-16: P/E 27.7, Significantly overvalued, recalculated for the week of 2026-06-162026-06-18: P/E 27.7, Significantly overvalued, recalculated for the week of 2026-06-212026-07-02: P/E 26.2, Significantly overvalued, recalculated for the week of 2026-07-022026-07-06: P/E 27.1, Significantly overvalued, recalculated for the week of 2026-07-062026-07-09: P/E 27.1, Significantly overvalued, recalculated for the week of 2026-07-092026-07-10: P/E 26.0, Significantly overvalued, recalculated for the week of 2026-07-122026-07-13: P/E 26.0, Significantly overvalued, recalculated for the week of 2026-07-132026-07-14: P/E 26.0, Significantly overvalued, recalculated for the week of 2026-07-142026-07-20: P/E 25.2, Significantly overvalued, recalculated for the week of 2026-07-202026-07-22: P/E 25.2, Significantly overvalued, recalculated for the week of 2026-07-222026-07-24: P/E 26.8, Significantly overvalued, recalculated for the week of 2026-07-252026-07-27: P/E 26.8, Significantly overvalued, recalculated for the week of 2026-07-272026-07-31: P/E 23.9, Significantly overvalued, recalculated for the week of 2026-07-312026-07-31: P/E 24.4, Significantly overvalued, recorded live 2026-08-032026-08-07: P/E 25.3, Significantly overvalued, recalculated for the week of 2026-08-072026-08-07: P/E 25.1, Significantly overvalued, recorded live 2026-08-102026-08-14: P/E 25.2, Significantly overvalued, recalculated for the week of 2026-08-142026-08-14: P/E 25.4, Significantly overvalued, recorded live 2026-08-172026-08-21: P/E 25.4, Significantly overvalued, recalculated for the week of 2026-08-212026-08-21: P/E 23.2, Significantly overvalued, recorded live 2026-08-242026-08-27: P/E 23.2, Significantly overvalued, recalculated for the week of 2026-08-272026-08-28: P/E 22.7, Significantly overvalued, recalculated for the week of 2026-08-282026-08-28: P/E 22.8, Significantly overvalued, recalculated for the week of 2026-08-302026-08-28: P/E 22.8, Significantly overvalued, recorded live 2026-08-312026-09-04: P/E 22.2, Trading above its usual valuation, recalculated for the week of 2026-09-052026-09-04: P/E 22.2, Trading above its usual valuation, recorded live 2026-09-072026-09-11: P/E 21.2, Trading above its usual valuation, recalculated for the week of 2026-09-122026-09-11: P/E 21.2, Trading above its usual valuation, recorded live 2026-09-142026-09-18: P/E 21.3, Trading above its usual valuation, recalculated for the week of 2026-09-192026-09-18: P/E 21.3, Trading above its usual valuation, recorded live 2026-09-212026-09-25: P/E 20.5, Trading above its usual valuation, recalculated for the week of 2026-09-262026-09-25: P/E 20.5, Trading above its usual valuation, recorded live 2026-09-282026-10-02: P/E 20.3, Trading above its usual valuation, recalculated for the week of 2026-10-032026-10-02: P/E 20.3, Trading above its usual valuation, recorded live 2026-10-0520.025.0Jun 10Jul 8Aug 6Sep 4Oct 2Normal P/E 15.9
Trading above its usual valuationSignificantly overvaluedLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

Selected weeks: the first, the latest, every week the rating moved, and the cheapest and dearest.

WeekBlended P/EPremium to normal P/ERating
2026-06-10P/E 27.7+74%Significantly overvalued (recalculated)
2026-09-05P/E 22.2+39%Trading above its usual valuation (recalculated)
2026-10-03P/E 20.3+27%Trading above its usual valuation (recalculated)
2026-10-05P/E 20.3+27%Trading above its usual valuation ← now
Show all 36 weeks
WeekBlended P/EPremium to normal P/ERating
2026-06-10P/E 27.7+74%Significantly overvalued (recalculated)
2026-06-14P/E 27.7+74%Significantly overvalued (recalculated)
2026-06-16P/E 27.7+74%Significantly overvalued (recalculated)
2026-06-21P/E 27.7+74%Significantly overvalued (recalculated)
2026-07-02P/E 26.2+64%Significantly overvalued (recalculated)
2026-07-06P/E 27.1+70%Significantly overvalued (recalculated)
2026-07-09P/E 27.1+70%Significantly overvalued (recalculated)
2026-07-12P/E 26.0+63%Significantly overvalued (recalculated)
2026-07-13P/E 26.0+63%Significantly overvalued (recalculated)
2026-07-14P/E 26.0+63%Significantly overvalued (recalculated)
2026-07-20P/E 25.2+58%Significantly overvalued (recalculated)
2026-07-22P/E 25.2+58%Significantly overvalued (recalculated)
2026-07-25P/E 26.8+68%Significantly overvalued (recalculated)
2026-07-27P/E 26.8+68%Significantly overvalued (recalculated)
2026-07-31P/E 23.9+50%Significantly overvalued (recalculated)
2026-08-03P/E 24.4+53%Significantly overvalued
2026-08-07P/E 25.3+59%Significantly overvalued (recalculated)
2026-08-10P/E 25.1+57%Significantly overvalued
2026-08-14P/E 25.2+58%Significantly overvalued (recalculated)
2026-08-17P/E 25.4+60%Significantly overvalued
2026-08-21P/E 25.4+60%Significantly overvalued (recalculated)
2026-08-24P/E 23.2+46%Significantly overvalued
2026-08-27P/E 23.2+46%Significantly overvalued (recalculated)
2026-08-28P/E 22.7+43%Significantly overvalued (recalculated)
2026-08-30P/E 22.8+43%Significantly overvalued (recalculated)
2026-08-31P/E 22.8+43%Significantly overvalued
2026-09-05P/E 22.2+39%Trading above its usual valuation (recalculated)
2026-09-07P/E 22.2+39%Trading above its usual valuation
2026-09-12P/E 21.2+33%Trading above its usual valuation (recalculated)
2026-09-14P/E 21.2+33%Trading above its usual valuation
2026-09-19P/E 21.3+34%Trading above its usual valuation (recalculated)
2026-09-21P/E 21.3+34%Trading above its usual valuation
2026-09-26P/E 20.5+28%Trading above its usual valuation (recalculated)
2026-09-28P/E 20.5+28%Trading above its usual valuation
2026-10-03P/E 20.3+27%Trading above its usual valuation (recalculated)
2026-10-05P/E 20.3+27%Trading above its usual valuation ← now

Frequently asked questions

Is L3Harris Technologies stock overvalued?

At a blended P/E of 20.3 versus its historical normal P/E of 15.9, L3Harris Technologies trades about 27% above its typical valuation, with a PEG of 1.47 on 13.8% forward growth. tickerseer currently rates it trading above its usual valuation.

What is L3Harris Technologies's fair value and PEG?

L3Harris Technologies trades at a blended P/E of 20.3 against a historical normal P/E of 15.9, a PEG of 1.47, and a forward growth estimate of 13.8%. Priced at its historical normal P/E of 15.9 on the same blended earnings, the 2026-10-02 close of $236.60 corresponds to about $186 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of L3Harris Technologies changed?

tickerseer's rating moved from significantly overvalued (2026-06-10) to trading above its usual valuation (2026-10-05).

What is the analyst price target for L3Harris Technologies?

The mean Wall Street price target for L3Harris Technologies is $335.33 across 15 analysts, 41.5% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Aerospace & Defense. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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