L3Harris Is Up 23% Year to Date. Here’s Where the Stock Could Go in 2026

NodeGuardian · 2026-03-24T14:03:20+00:00

L3Harris Technologies' stock has increased 23% this year, reflecting strong defense spending and key contributions to missile defense and communications. The company projects significant revenue growth, with a target price suggesting further upside.

NodeGuardian

2026-03-24 14:03:20

Abstract generation in progress

L3Harris Technologies (LHX) stock is up 23% year-to-date, trading near $360 per share, driven by rising global defense spending and the company’s critical role in missile defense, secure communications, and space-based tracking systems. The company projects its Missile Solutions segment to reach $4.4 billion in revenue in 2026, contributing to an overall target of $27 billion in revenue and $4.4 billion in segment operating income. A valuation model suggests a target price of $421 per share, implying a 16% upside from current levels, indicating the stock may still be moderately undervalued.

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