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    What L3Harris Technologies (LHX)'s Raised Full Year Guidance Means For Shareholders

    Simply Wall St·11/03/2026 09:39:25
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    • L3Harris Technologies reported third quarter 2026 sales of US$6,060 million and net income of US$632 million, raised full year 2026 revenue guidance to US$23.5 billion to US$23.7 billion and lifted GAAP EPS guidance to US$12.25 to US$12.35.
    • The business coupled this guidance increase with fresh fixed income issuance, including new senior unsecured notes due 2029 and 2032. Together, these moves indicate management’s focus on funding ongoing expansion, defense production projects and capital needs through the bond market.
    • With L3Harris Technologies raising full year earnings guidance, the next step is to see how this development influences the broader investment narrative.

    Scan how L3Harris Technologies' guidance move compares with other defense and industrial contractors by reviewing our hand picked list of solid balance sheet and fundamentals (24 results).

    What Is L3Harris Technologies' Investment Narrative?

    To own L3Harris Technologies, you need to be comfortable with a defense contractor that leans heavily on consistent execution, large contracts and ongoing capital projects. The fresh US$499 million bond issues, with fixed coupons of 5.20% to 5.40%, reinforce that this is a capital intensive story. The new solid rocket motor facility in Camden and broader expansion program show management committing real money to missile and space production capacity, not just talking about it.

    The raised 2026 revenue and EPS guidance, improved profit margins and affirmed US$1.25 quarterly dividend all pull in the same direction. Higher borrowing, and the fact that 100% of liabilities are from higher risk funding sources, makes balance sheet discipline a near term catalyst and a key watchpoint. Investors are also weighing L3Harris Technologies’ recent share price recovery against its P/E discount and slower forecast growth versus the wider US market.

    Even so, there is a specific pressure point in this story that can quickly change how comfortable that expansion and valuation feel.

    There's only one way to know the right time to buy, sell or hold L3Harris Technologies. Head to Simply Wall St's company report for the latest analysis of L3Harris Technologies's Fair Value.

    NYSE:LHX 1-Year Stock Price Chart
    NYSE:LHX 1-Year Stock Price Chart

    Exploring Other Perspectives

    One alternate view zooms in on how much fresh debt L3Harris Technologies can comfortably support. The most cautious analysts were pencilling in revenue of about US$27.5b and earnings of roughly US$3.1b by 2029, which underpins a lower price target. These estimates came before this bond issuance, so opinions could shift.

    Explore 3 other L3Harris Technologies fair value estimates, including one that suggests it could be worth just $300.00.

    Form Your Own Verdict

    Don't just follow the ticker. Dig into the data and build a conviction that's truly your own.

    • A great starting point for your L3Harris Technologies research is our analysis highlighting 5 key rewards that could impact your investment decision.
    • See our latest analysis for L3Harris Technologies. The report includes a comprehensive fundamental analysis summarized in a single visual, the Snowflake, making it easy to evaluate L3Harris Technologies' overall financial health at a glance.

    Looking For More Investment Ideas Beyond L3Harris Technologies?

    If this update on L3Harris Technologies has sharpened your thinking, the next step is to widen your watchlist with other stocks that fit clear, disciplined criteria using the Simply Wall St Screener.

    • If you want potential mispricings with quality fundamentals, start with a curated pool of 34 high quality undervalued stocks that already clear strict financial checks.
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