Bernstein cuts target to USD 318.00 for L3Harris Technologies stock

Published on 10/15/2026 at 22:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter results are due on October 29, 2026. L3Harris Technologies stock costs EUR 215.15 on October 15, 2026 at 10:26 p.m. CEST at Lang & Schwarz after hours.

Target update on October 14, 2026

Bernstein lowered its L3Harris target to USD 318.00 from USD 346.00 on October 14, 2026.
L3Harris will publish third-quarter results on October 29, 2026.
L3Harris Technologies stock costs EUR 215.15 at Lang & Schwarz on October 15, 2026 at 10:26 p.m. CEST.
The company has a USD 44.8 billion market capitalization and a P/E ratio of 24.29.

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Bernstein lowered its L3Harris Technologies price target to USD 318.00 from USD 346.00 on October 14, 2026, while keeping an Outperform rating, as Markets Insider reported. The new target stands 32.22 percent above the USD 240.50 primary-exchange price. L3Harris Technologies stock was trading at EUR 215.15 at Lang & Schwarz on October 15, 2026 at 10:26 p.m. CEST.

Bernstein sees a difficult defense setup

The analyst view reflects a tougher near-term backdrop for US defense spending. Bernstein cited a stalled congressional budget process and delays affecting funding for several programs, according to Markets Insider. The target reduction was substantial, but the retained Outperform rating leaves the analyst view positive over a longer horizon.

October 29 brings the next test

L3Harris will release its third-quarter 2026 financial results before the market opens on October 29, 2026, and will hold its earnings call at 10:30 a.m. ET. The date was set in an October 5 release from L3Harris Technologies. That appointment gives investors a concrete checkpoint for the budget concerns behind the Bernstein revision.

Price stays near the yearly floor

The primary-exchange quote stood at USD 240.50 on October 15, 2026 at 4:00 p.m. ET. The same quote was 3.51 percent above the 52-week low of USD 232.34 and 36.57 percent below the 52-week high of USD 379.23. L3Harris had a USD 44.8 billion market capitalization, a P/E ratio of 24.29 and a 2.00 percent dividend yield on October 15, 2026.

Comparison with peers

L3Harris Technologies: P/E 24.29, market capitalization USD 44.8 billion
Northrop Grumman (NYSE, USD): plus 0.79 percent, P/E 15.87, market capitalization USD 71.0 billion
RTX (NYSE, USD): plus 0.26 percent, P/E 32.91, market capitalization USD 252.0 billion

What the next results can clarify

The October 29 report will put the analyst debate against fresh operating figures. The central questions are whether demand in missile defense and space can offset delayed budget decisions and whether the company can support the USD 318.00 Bernstein target. L3Harris identifies its primary listing as NYSE: LHX in the October 5 earnings release.

The euro quotation was EUR 215.15 at Lang & Schwarz on October 15, 2026 at 10:26 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of L3Harris Technologies stock.