L3Harris Technologies, Inc. logo LHX - L3Harris Technologies, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 24
HOLD 6
SELL 2
STRONG
SELL
0
| PRICE TARGET: $273.40 DETAILS
HIGH: $367.00
LOW: $207.00
MEDIAN: $250.00
CONSENSUS: $273.40
DOWNSIDE: 8.93%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 70% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Overvalued Moderate
Trading 26.4% above fair value
Current Price $300.21
Bear Case $162.16 46.0% downside ($162.16 - $300.21) / $300.21 = -46.0% 6% stage 1 growth, 11% discount
Fair Value $237.54 20.9% downside ($237.54 - $300.21) / $300.21 = -20.9% 10% stage 1 growth, 11% discount
Bull Case $311.35 3.7% upside ($311.35 - $300.21) / $300.21 = 3.7% 13% stage 1 growth, 11% discount

Adjust Assumptions

9.9%
11.0%
3.0%

Key Value Driver

FCF growth rate (10% base case)

Terminal Value % of EV 39%
Implied Market Multiple 27.5x
Market is pricing in (growth) 13.2% vs our 9.9% base

Plain-Language Summary

Our base-case estimate uses a two-stage discounted cash flow model based on free cash flow. We then blend that result with the average analyst price target of $273.40 from 32 analysts, using a 30% weight on analyst consensus. That produces an estimated intrinsic value of $237.54 per share.

Key Risks

  • P/E alone misleads — earnings depressed by growth investment
  • Cyclical or commodity businesses may be misclassified as platforms
  • Terminal value dominance suggests sensitivity to long-run assumptions