Baird Lifts L3Harris (LHX) Price Target on Confidence in Long-Term Strategy and Execution

L3Harris Technologies, Inc. (NYSE:LHX) is included among the 13 Best Long-Term Dividend Stocks to Invest successful Right Now.

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On February 26, Baird raised its terms people connected L3Harris Technologies, Inc. (NYSE:LHX) to $420 from $385. It reiterated an Outperform standing connected the stock. The steadfast updated its exemplary aft the company’s capitalist day, wherever absorption introduced 2028 targets that came successful supra Street expectations. This reinforced assurance successful the company’s longer-term maturation outlook.

During the Q4 2025 net call, CEO Christopher Kubasik pointed to the company’s grounds backlog and dependable request trends. He said these factors springiness the institution a beardown instauration for continued growth. The size of the bid backlog, successful his view, reflects accordant lawsuit request and offers wide visibility into aboriginal revenue.

Kubasik besides discussed the company’s determination to merchantability a 60% involvement successful its civilian Space Propulsion and Power concern to AE Industrial Partners. He explained that this measurement allows L3Harris to absorption much straight connected its halfway priorities, particularly supporting the Department of War and its allied partners. He besides highlighted caller changes to the company’s structure. L3Harris reduced its reporting segments from 4 to three, aiming to amended operational alignment and efficiency. This determination is expected to simplify operations and sharpen absorption crossed its main concern areas.

Kubasik added that the institution plans to prosecute an archetypal nationalist offering of its Missile Solutions concern successful the 2nd fractional of 2026. He noted that the Department of War volition enactment arsenic the anchor investor. This is expected to assistance found a majority-owned nationalist institution with projected gross of much than $4 cardinal and sustainable double-digit growth.

L3Harris Technologies, Inc. (NYSE:LHX) provides precocious exertion solutions crossed space, air, land, sea, and cyber domains, supporting nationalist information missions.

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