Morgan Stanley has upgraded L3Harris Technologies Inc (LHX) to Overweight from Equal-Weight, reflecting a more optimistic outlook on the company’s future. This change, effective December 15, 2025, comes as L3Harris continues to engage in the provision of defense and commercial technologies across air, land, sea, space, and cyber domains.
Currently priced at $288.53, L3Harris boasts a market capitalization of $53.5 billion and a P/E ratio of 30.41. The company reported an EPS of 9.31 and offers a dividend yield of 167.9%. With upcoming earnings expected on July 22, 2026, analysts estimate an EPS of $3.02 and revenue of $5.8 billion.
The upgrade suggests improved fundamentals or enhanced confidence in L3Harris's strategic direction. Analyst ratings can provide valuable insights, but they are based on research and financial models that may not always align with actual performance. Investors should consider a range of factors, including company fundamentals and industry trends, when making decisions.
As of December 1, 2025, the analyst consensus shows 7 Strong Buy, 11 Buy, and 8 Hold ratings for L3Harris, indicating a generally positive sentiment among analysts. Recent actions include Citigroup initiating coverage with a Buy rating on December 12, 2025, further underscoring the favorable outlook for the company.