L3Harris Technologies, Inc. (LHX) Fair Value 2026

LHX · Aerospace & Defense ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

7.9 /10

32 fundamental signals · 11 models active

Value Trap Risk

LOW (28/100)

Quick Summary — As of 2026-08-27, L3Harris Technologies, Inc. (LHX) trades at $261.98, versus a $229.62 median fair value across its 11 active models — 12.4% below the current price. QOC: 7.9/10. Value Trap Risk: 28/100 (LOW). 11/13 models active. Within that set, the Bayesian DCF component alone returns $263.97.

Key Facts

Ticker
LHX
Price
$261.98
Quality Score
7.9/10
Value Trap Risk
28/100
Models Active
11/13
Last Updated
Strength: First Chicago suggests +144.9% upside with 63% confidence
Risk: Limited model coverage (11/13) may reduce confidence

Is L3Harris Technologies, Inc. (LHX) Undervalued or Overvalued in 2026?

According to CirclFi’s 11-model valuation engine, L3Harris Technologies, Inc. (LHX) appears overvalued as of : the median of 11 independent fair value estimates is $229.62, 12.4% below the current price of $261.98. Estimates range from $79.34 to $641.48. LHX scores 7.9/10 on fundamental quality and 28/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.7% versus its own 13-model consensus, across 3,801 rated companies as of 2026-08-27. LHX’s -12.4% gap is narrower than that market norm, and the Aerospace & Defense sector median is -23.9%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy L3Harris Technologies, Inc. Stock in 2026? →

What Fair Value Does Each Model Give LHX?

11 Intrinsic Value Models vs. Current Price ($261.98)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · High Conviction
 $263.97 +0.8%
Intrinsic · High Conviction
 $79.34 -69.7%
Ensemble · Low Conviction
 $229.62 -12.4%
Scenario · High Conviction
 $641.48 +144.9%
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What Is LHX's Fair Value Range?

Spread across 11 independent models · $79.34 to $641.48

CirclFi's 11 active models place L3Harris Technologies, Inc. (LHX) between $79.34 and $641.48 per share, a spread of 245% of the median. The median of that range — $229.62 — is the fair value CirclFi publishes for LHX, against a current price of $261.98.

Low · EPVHigh · First Chicago
$79.34median $229.62$641.48
Where the range comes from
Most bearish modelEarnings Power Value (EPV)$79.34
Most bullish modelFirst Chicago$641.48
Model agreement3 bullish · 6 bearishwide

A band this wide is itself the finding. When independent methods land far apart, they are reading a business whose value depends heavily on which lens you apply — volatile earnings, heavy reinvestment, or an asset base that cash-flow and asset-based methods score differently. That disagreement is information: it says the choice of method matters more than usual for LHX. Treat the median as one reading among several and compare the individual models below before acting.

Every figure above is one model's standalone output on LHX, not a CirclFi price target. How each model works →

What Is L3Harris Technologies, Inc. (LHX) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, L3Harris Technologies, Inc. presents a highly debated valuation profile at its current price of $261.98. The median intrinsic value is estimated at $229.62 (-12.4% median upside), masking a wide model spread between the 3 bullish models and 6 bearish models. Model dispersion is worth noting: First Chicago targets $641.48 (+144.9%), versus EPV at $79.34 (-69.7%). This +214.6% range highlights the importance of multi-model analysis rather than relying on any single methodology. Among models with highest confidence, Bayesian DCF, EPV lean bearish — adding weight to the bearish side of the thesis.

What Do the Models Say About LHX?

11 of 13 models are currently active for LHX. Of these, 4 models suggest upside while 7 models suggest overvaluation. Taken together, their median fair value for LHX is $229.62 — the figure CirclFi publishes as this stock's fair value. One component of that median, the Bayesian DCF, returns $263.97 on its own, implying +0.8% upside from the current price. See which stocks rank higher →

How Does LHX Rank in Aerospace & Defense?

Among 92 Aerospace & Defense stocks, LHX ranks #26 by Quality of Company score. CirclFi's QOC score of 7.9/10 evaluates 32 fundamental signals. A score of 7.9 indicates above-average quality.

See all Most Undervalued Aerospace & Defense Stocks →

The Aerospace & Defense sector introduces analytical considerations specific to aerospace company businesses. For L3Harris Technologies, Inc., metrics like R&D as percentage of revenue provide important context that general-purpose valuation models may underweight.

Is LHX a Value Trap?

CirclFi's Value Trap algorithm assigns LHX a score of 28/100 (LOW). This indicates low risk. The financial profile does not exhibit typical value trap warning signs. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

11 of 13 models are active for L3Harris Technologies, Inc.. Broad coverage provides high confidence. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Quality of Company (QOC) framework, L3Harris Technologies, Inc. earns a quality score of 7.9/10. This robust rating reflects the company's standing across 32 fundamental signals spanning profitability, growth consistency, balance sheet strength, and capital allocation efficiency.

The gap between the most bullish and bearish model spans +214.6% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every LHX valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across LHX's 11 active models, average confidence is 55%. Moderate confidence indicates reasonable fit.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy L3Harris Technologies, Inc. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Aerospace & Defense Stocks Should You Also Analyze?

11 related Aerospace & Defense stocks with 13-model coverage

SWBISmith & Wesson Brands, Inc.QOC 8.0CAECAE Inc.QOC 7.8LMTLockheed Martin CorporationQOC 8.0EMBJEmbraer S.A.QOC 7.8BYRNByrna Technologies Inc.QOC 8.1FTAIFTAI Aviation Ltd.QOC 7.8PLPlanet Labs PBCQOC 6.4DFSCDEFSEC Technologies Inc.QOC 4.8OPXSOptex Systems Holdings, IncQOC 9.1BUKSButler National CorporationQOC 9.4HWMHowmet Aerospace Inc.QOC 9.3

Read investment analysis: SWBI · CAE · LMT · EMBJ · BYRN · FTAI · PL · DFSC · OPXS · BUKS · HWM

Which Other Stocks Have a Similar Quality Score to LHX?

7 companies across all industries closest to LHX’s Quality of Company score of 7.9/10.

HCAHCA Healthcare, Inc.QOC 7.9MDPediatrix Medical Group, Inc.QOC 7.9VIRTVirtu Financial, Inc.QOC 7.9CLXThe Clorox CompanyQOC 7.9ACNBACNB CorporationQOC 7.9GSBCGreat Southern Bancorp, Inc.QOC 7.9NVDANVIDIA CorporationQOC 10.0

Read investment analysis: HCA · MD · VIRT · CLX · ACNB · GSBC · NVDA

Where Does LHX Sit in CirclFi's Aerospace & Defense Rankings?

LHX is ranked against every other Aerospace & Defense stock CirclFi covers in each of these screens.

See all Aerospace & Defense stocks ranked →

What Else Do Investors Ask About L3Harris Technologies, Inc.’s Valuation?

What is L3Harris Technologies, Inc.'s intrinsic value in 2026?

CirclFi puts L3Harris Technologies, Inc. (LHX)'s intrinsic value at $229.62 — the median of 11 independent model estimates as of 2026-08-27, ranging from $79.34 to $641.48. One component of that median, the Bayesian DCF, runs 10,000 Monte Carlo simulations with jump-diffusion and returns $263.97 on its own. The Quality of Company score is 7.9/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is LHX overvalued or undervalued right now?

At $261.98, 4 of 11 active models suggest LHX may be undervalued, while 7 indicate potential overvaluation. The median of all 11 fair value estimates is $229.62, 12.4% below the current price of $261.98 — a consensus view that LHX is overvalued. The assessment depends on which methodology best fits L3Harris Technologies, Inc.'s business model in Aerospace & Defense.

What does a Quality of Company score of 7.9 mean for LHX?

L3Harris Technologies, Inc.'s QOC of 7.9/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores above 7 indicate strong fundamentals and disciplined management.

How many valuation models does CirclFi run on LHX?

CirclFi analyzes LHX with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 11 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on LHX?

Of the 11 models currently active on LHX, First Chicago is the most bullish at $641.48 per share, and Earnings Power Value (EPV) is the most bearish at $79.34. CirclFi's published fair value for LHX is the median of that range, $229.62, not either extreme. The gap between the two ends equals 245% of the median — a wide spread, meaning the methods genuinely disagree and the median should carry less weight. Browse stocks by value-trap risk →

Is LHX a value trap in 2026?

L3Harris Technologies, Inc.'s Value Trap score is 28/100 (LOW). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 11-model valuation engine, L3Harris Technologies, Inc. (LHX) has a median fair value of $229.62 — 12.4% below the current price of $261.98 — as of 2026-08-27.” Source: circlfi.com/stock/LHX/ · Methodology
Primary sources for this LHX valuation
  • Financial statements: L3Harris Technologies, Inc. 10-K and 10-Q filings on SEC EDGAR (CIK 0000202058) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for LHX as of ; valuations recomputed .

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