---
title: "Why Is L3Harris Stock Falling on Thursday?"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294401902.md"
description: "L3Harris Technologies (NYSE: LHX) stock fell over 11% on Thursday despite beating Q2 earnings and revenue estimates and raising fiscal 2026 adjusted EPS guidance. The decline was driven by full-year revenue guidance of $23.2-$23.7 billion, which missed Wall Street consensus. Technical indicators show a bearish trend with the stock trading below key moving averages, though momentum signals suggest downside pressure may be easing."
datetime: "2026-07-30T18:07:21.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294401902.md)
  - [en](https://longbridge.com/en/news/294401902.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294401902.md)
generator: "portal-rs"
---

# Why Is L3Harris Stock Falling on Thursday?

**L3Harris Technologies Inc.** (NYSE:LHX) stock traded lower on Thursday after the company reported second-quarter financial results following Wednesday’s closing bell, with investors appearing to focus on full-year sales guidance whose midpoint came in below Wall Street estimates.

The Nasdaq is up 3.07% while the S&P 500 has gained 1.41%, and Industrials are also higher by 0.42%.

 **• L3Harris Technologies stock is testing lower boundaries. What’s pressuring LHX?**

L3Harris reported quarterly earnings of $3.13 per share, beating the consensus estimate of $2.80 by 11.79%. Quarterly revenue reached $5.88 billion, topping the Street estimate of $5.81 billion.

 **Read Also: Microsoft’s $15 Billion Capex Cut Isn’t a Cut at All** 

## **Updated Fiscal 2026 Outlook**

L3Harris raised its fiscal 2026 adjusted EPS guidance to between $11.80 and $12, compared to the $11.61 analyst estimate. The company updated its full-year revenue guidance to between $23.2 billion and $23.7 billion, versus the $23.58 billion estimate.

## **LHX’s Key Technical Levels to Watch**

From a longer-term trend perspective, LHX is still in a clear downtrend: it’s trading 9% below its 20-day SMA, 11.2% below its 50-day SMA, and roughly 16% below both its 100-day and 200-day averages. The 20-day SMA sitting below the 50-day SMA keeps the near-term structure bearish, and the death cross in June (50-day falling below the 200-day) reinforces that the intermediate trend has been pointed lower.

Momentum is the more interesting part of the chart right now: MACD is above its signal line and the histogram is positive, which suggests downside pressure is easing versus the prior downswing even if price hasn’t reclaimed key trend levels yet.

## **LHX Benzinga Edge Rankings Breakdown**

Below is the Benzinga Edge scorecard for L3Harris Technologies, highlighting its strengths and weaknesses compared to the broader market:

-   **Momentum**: Weak (Score: 21.98) — The stock’s trend profile is still lagging, which fits with price remaining well below key moving averages.
-   **Quality**: Neutral (Score: 69.78) — Business quality screens better than the chart, suggesting fundamentals may be steadier than recent price action implies.
-   **Value**: Weak (Score: 26.16) — The valuation profile looks less compelling on this model, which can limit dip-buying interest during drawdowns.
-   **Growth**: Neutral (Score: 33.83) — Growth factors are middling here, so the stock may need clearer catalysts to re-rate higher.

**LHX Stock Price Activity:** L3Harris Technologies shares were down 11.07% at $264.58 at the time of publication on Thursday, according to Benzinga Pro data.

 **Read Also: Apple Earnings Prediction Market Preview: What Will Tim Cook Say in His Last Call as CEO?** 

*Photo by Piotr Swat via Shutterstock*

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## Related News & Research

- [LHX Stock in Focus as L3Harris Technologies Ousts CEO](https://longbridge.com/en/news/296270949.md)
- [Weekly Recap: 2026 guidance reaffirmed and Mehta named CEO; promotions](https://longbridge.com/en/news/296779865.md)
- [Allstate Corp Has $4.16 Million Stock Holdings in L3Harris Technologies Inc $LHX](https://longbridge.com/en/news/296749608.md)
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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**