L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide. The company's Integrated Mission Systems segment provides intelligence, surveillance, and reconnaissance (ISR) systems, passive sensing and targeting, electronic attack, autonomy, power and communications, and networks and sensors, as well as advanced combat systems for air, land, and sea sectors. Its Space and Airborne Systems segment offers space payloads, sensors, and full-mission solutions; classified intelligence and cyber; mission avionics; electronic warfare systems; and mission networks systems for air traffic management operations. The company's Communication Systems segment provides broadband communications; tactical radios, software, satellite terminals, and end-to-end battlefield systems for the U.S. Department of Defense, international, federal, and state agency customers; integrated vision solutions, including helmet-mounted integrated night vision goggles with leading-edge image intensifier tubes and weapon-mounted sights, aiming lasers, and range finders; and public safety radios, and system applications and equipment. Its Aerojet Rocketdyne segment provides propulsion technologies and armament systems for strategic defense, missile defense, hypersonic, and tactical systems; and space propulsion and power systems for national security, and space and exploration missions. The company was formerly known as Harris Corporation and changed its name to L3Harris Technologies, Inc. in June 2019. L3Harris Technologies, Inc. was founded in 1895 and is based in Melbourne, Florida.

L3Harris Technologies демонстрирует смешанную картину по фундаментальным метрикам. Высокие мультипликаторы, такие как P/E (37.58) и P/S (2.76), указывают на возможную переоцененность компании, особенно по сравнению с медианой отрасли. Эффективность бизнеса также вызывает вопросы: ROE (8.28) и ROA (3.90) значительно ниже медианных значений, а долговая нагрузка находится на уровне медианы, что создает дополнительные риски. Снижение дивидендной доходности до нуля в текущем году также негативно сказывается на привлекательности акций для инвесторов. Однако, несмотря на это, выручка и чистая прибыль компании демонстрируют уверенный рост, что может свидетельствовать о положительных перспективах для будущих результатов. На фоне этих факторов целесообразно пересмотреть целевой ценовой прогноз, учитывая как сильные, так и слабые стороны компании.

L3Harris Technologies, Inc.

L3Harris Technologies демонстрирует высокие мультипликаторы и слабые показатели эффективности, что указывает на риск переоцененности акций.

Key Points
Qatar has requested permission to buy 10,000 APKWS rockets from the U.S. for drone defense.
BAE Systems will be the principal contractor on the sale.
After $25 billion of spending, 39 days of fighting, and about that much time on ceasefire, the Iran war is currently on pause. For participants willing (the United States, Israel, and Iran) and unwilling alike (the other Gulf nations), it's now time to pause, take stock, and... restock.
The Gulf nation of Qatar suffered much during the short-lived war. Home to the Al Udeid Air Base, America's largest military base in the Middle East, Qatar became a prime target for Iranian attacks during the war. Qatar suffered an estimated 700 Iranian drone and missile strikes that damaged liquefied natural gas facilities to such an extent that it may take five years to bring them back online, at a cost of $20 billion in revenue lost annually.
Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »
Qatar needs 10,000 rockets
Should the war resume, Qatar wants to be better prepared to defend itself next time -- and so it's turning to the U.S. government and defense contractor BAE Systems (OTC: BAESY) for assistance. According to a recent U.S. State Department notification to Congress, the Qatari government has requested permission to purchase 10,000 Advanced Precision Kill Weapon System-II (APKWS) rockets for $992.4 million.
Originally designed as an air-to-surface missile, fired from platforms such as the Apache attack helicopter at ground targets, the APKWS is basically an unguided 70 mm Hydra rocket equipped with a laser guidance system to improve accuracy. But once this modification was made, militaries discovered something amazing:APKWS can shoot down drones midair. (Indeed, in at least one instance, it's succeeded in shooting down a cruise missile.)
This fact was proved in practice last year in Ukraine, in a pilot project run by both BAE Systems and its partner, L3Harris (NYSE: LHX), which equipped pickup trucks with L3's Vehicle-Agnostic Modular Palletized ISR Rocket Equipment (VAMPIRE) launcher. Used to defend Ukrainian cities from attacks by Shahed-136 drones, built by Russia on license from Iran, the VAMPIRE-plus-APKWS system proved remarkably effective in shooting down drones.
New footage of a Ukrainian laser-guided APKWS rocket slamming into a Russian Shahed-136 attack drone, sending it spiraling toward the ground.
The low-cost rocket was fired and guided in by an L3Harris Vampire SAM system. pic.twitter.com/9rKEafTz9x
-- OSINTtechnical (@Osinttechnical) April 30, 2025
Even better, it proved remarkably cheap.
All of a sudden, instead of firing $3 million Patriot missiles at $50,000 Iranian drones, Ukraine was able to shoot those same drones with $22,000 rockets -- flipping the economics of defense versus offense entirely upside down.
What do investors need to know?
Given the thousands of drones Iran launched during the war, the thousands of drones it's believed still to possess, and the continuing risk that the war may resume, the State Department has concluded that "an emergency exists that requires the immediate sale to Qatar of the above defense articles and defense services is in the national security interests of the United States."
The sale is therefore almost certain to go through.
As the principal contractor on this arms deal, BAE Systems will reap essentially all the rewards from Qatar's purchase. What's more, because APKWS comes out of BAE's most profitable business unit, Electronic Systems, this deal is likely to generate extraordinary profits for BAE (a 15.5% operating profit margin, according to data from S&P Global Market Intelligence) -- the more so because supply is likely to be constrained, resulting in higher prices.
Actually, that's possibly the most important point of all. According to BAE's own website, the company currently has a capacity to produce only 25,000 APKWS per year. If delivered all in one year, as you'd expect in an "emergency" situation, Qatar's order will eat up almost half of that. And in a situation like this, you'd expect prices to rise -- for example, to $992.4 million divided by 10,000 rockets, equaling a $99,000 unit price!
It's a seller's market for BAE Systems right now, and it will remain so until the company can expand its production capacity. Expect BAE's profit margins to reflect that.
Should you buy stock in BAE Systems right now?
Before you buy stock in BAE Systems, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and BAE Systems wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $469,293!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,381,332!*
Now, it’s worth noting Stock Advisor’s total average return is 993% — a market-crushing outperformance compared to 207% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
*Stock Advisor returns as of May 17, 2026.
Rich Smith has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends L3Harris Technologies. The Motley Fool recommends BAE Systems. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Iran War Fallout: Qatar Needs $1 Billion of Missiles From BAE Systems -- Quick!

Key Points
Israel has requested permission to buy 10,000 APKWS rockets from the U.S. for drone defense.
BAE Systems will be the principal contractor on the sale.
After $25 billion of U.S. spending and 39 days of fighting, the Iran war has settled into a ceasefire -- but there's no telling when it might flare up again. While active combat operations appear paused, sporadic missile and drone attacks continue in the Strait of Hormuz.
But Israel is taking no chances and wants to be prepared in the event hostilities resume.
Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »
Israel's billion-dollar plan to stop Iranian drones
Over the course of the war, Iran fired more than 2,000 ballistic missiles and launched more than 4,415 drone strikes. The majority of these targeted nearby Gulf nations, but some 650 medium-range ballistic missiles targeted Israel. Unlike in the April 2024 conflict between Israel and Iran, when Iran fired approximately 350 drones and missiles at Israel in a single weekend, almost no drones were launched at Israel during the present conflict.
But the drone threat remains.
To ensure it's ready to meet any contingency, drones, missiles, or a combination of the two, Israel has asked the U.S. government for permission to buy 10,000 Advanced Precision Kill Weapon System-II (APKWS) rockets from BAE Systems (OTC: BAESY) for $992.4 million, for anti-drone defense.
Originally designed as an air-to-surface missile fired from platforms such as the Apache attack helicopter, the APKWS pairs an unguided 70 mm Hydra rocket with a laser guidance system to improve accuracy. The resulting product, it turns out, can shoot down drones midair.
APKWS had the opportunity to demonstrate this capability in Ukraine, where BAE Systems and its partner, L3Harris (NYSE: LHX), equipped pickup trucks with L3's Vehicle-Agnostic Modular Palletized ISR Rocket Equipment (VAMPIRE) launcher. Used to defend Ukrainian cities from attacks by Shahed-136 drones, built by Russia on license from Iran, the Vampire-plus-APKWS system proved remarkably effective.
New footage of a Ukrainian laser-guided APKWS rocket slamming into a Russian Shahed-136 attack drone, sending it spiraling toward the ground.
The low-cost rocket was fired and guided in by an L3Harris Vampire SAM system. pic.twitter.com/9rKEafTz9x
-- OSINTtechnical (@Osinttechnical) April 30, 2025
Even better, it proved remarkably cheap.
Suddenly, instead of firing $3 million Patriot missiles at $50,000 Iranian drones, Ukraine was able to shoot those same drones with $22,000 rockets -- upending the economics of defense versus offense.
What investors need to know
Iran is believed to possess thousands of drones still capable of reaching Israel, creating what the State Department calls "an emergency exists that requires the immediate sale to Israel of the above defense articles and defense services."
The sale is therefore almost certain to be approved.
As the principal contractor on this arms deal, BAE Systems will reap essentially all the rewards from Israel's purchase. What's more, because APKWS comes from BAE's most profitable business unit, Electronic Systems, this deal is likely to generate extraordinary profits for BAE -- a 15.5% operating profit margin, or more, according to S&P Global Market Intelligence.
Actually, that's the most important point of all. BAE says it can produce only 25,000 APKWS per year. Together with a similar 10,000-unit order just placed by Qatar, the 10,000 APKWS that Israel wants to buy will consume nearly one full year's production at BAE. In a situation like this, you'd expect prices to rise -- and they have!
The total of $992.4 million divided by 10,000 rockets equals a $99,000 unit price.
It's a seller's market for BAE Systems right now, and it will remain so until the company can expand its production capacity. Expect BAE's profit margins to reflect this.
Should you buy stock in BAE Systems right now?
Before you buy stock in BAE Systems, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and BAE Systems wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $472,205!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,384,459!*
Now, it’s worth noting Stock Advisor’s total average return is 999% — a market-crushing outperformance compared to 208% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
*Stock Advisor returns as of May 15, 2026.
Rich Smith has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends L3Harris Technologies. The Motley Fool recommends BAE Systems. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Iran War Fallout: Israel Needs 10,000 Rockets From BAE Systems -- Quick!

Kratos Defense & Security Solutions, Inc. KTOS is strengthening its position in the space and satellite communications market by expanding software-based ground systems and related technologies. As satellite networks become more complex and data-driven, demand is increasing for flexible and scalable ground infrastructure that can support modern space operations. Kratos Defense is positioning itself to address these evolving requirements through internally developed technologies and continued investments in next-generation systems.
A major part of this strategy is the company’s OpenSpace platform, which is designed to virtualize satellite command, control and communication operations. Unlike traditional hardware-heavy architectures, software-defined systems can improve flexibility, simplify upgrades and support more efficient network management. This approach helps customers adapt more quickly to changing mission needs while supporting broader satellite connectivity requirements.
Kratos Defense is also benefiting from rising demand for satellite communications, space domain awareness and ground-based command-and-control systems. The company has secured several contracts tied to these capabilities, supporting both government and commercial customers. Its investments in software development, virtualized systems and secure communications infrastructure are helping strengthen its position in the growing space communications market.
As governments and commercial operators continue expanding satellite deployments, reliable and scalable ground systems are becoming increasingly important. Kratos Defense’s focus on software-based satellite communications and space infrastructure positions it to benefit from these long-term industry trends.
Companies Expanding Space Communications Capabilities
The defense industry is increasingly investing in software-driven satellite networks and advanced ground infrastructure to support secure communications, space operations and growing data requirements. Companies like L3Harris Technologies, Inc. LHX and Northrop Grumman Corporation NOC are also expanding capabilities in this area.
L3Harris Technologies develops satellite communication systems, mission networks and space-based technologies supporting defense and national security operations.
Northrop Grumman focuses on satellite systems, secure communications and ground infrastructure technologies that aid space and defense missions.
Earnings Estimates for KTOS Stock
The Zacks Consensus Estimate for 2026 and 2027 earnings per share suggests year-over-year growth of 40% and 37.48%, respectively.
Image Source: Zacks Investment Research
KTOS Stock Trading at a Discount
Kratos Defense is trading at a discount relative to the industry, with a forward 12-month price-to-sales of 5.39X compared with the industry average of 12.03X.
Image Source: Zacks Investment Research
KTOS Stock Price Performance
Over the past year, Kratos Defense shares have rallied 52.7% compared with the industry’s 24.7% growth.
Image Source: Zacks Investment Research
KTOS’ Zacks Rank
Kratos currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."
Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention.
See them now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

How Is Kratos Defense Expanding Its Space Communications Business?

AeroVironment, Inc. AVAV is strengthening its defense technology portfolio by advancing autonomy, artificial intelligence (AI) and multi-domain control capabilities. These technologies are becoming increasingly important as defense customers seek systems that can operate across air, land, sea and other complex environments with greater speed, coordination and efficiency. By focusing on intelligent systems, the company is positioning itself to support missions that require faster decision-making and reduced operator workload.
A key part of this strategy is AeroVironment’s Kinesis command and control software. This platform is designed to support the operation of multiple uncrewed systems, including aircraft, ground vehicles and maritime assets. By bringing different assets under a common control environment, Kinesis helps improve situational awareness, mission planning and overall coordination for defense users.
The company is also building strength through MacCready Works, its innovation arm focused on autonomy, AI and advanced platform technologies. Solutions developed through this group are aimed at helping robotic systems perform complex missions in difficult operating environments. This focus supports AeroVironment’s ability to deliver systems that are more adaptive, connected and mission-ready.
With defense operations becoming more data-driven and distributed, demand for autonomous and software-enabled systems is likely to remain strong. AeroVironment’s work in AI-enabled autonomy gives it a stronger role in next-generation defense programs while broadening the value of its technology portfolio.
Companies Advancing Autonomous Defense Technologies
The defense sector is increasingly using AI, autonomy and command software to improve mission speed, coordination and decision-making. Companies like Kratos Defense & Security Solutions, Inc. KTOS and L3Harris Technologies, Inc. LHX are also strengthening their capabilities in this space.
Kratos Defense develops autonomous and unmanned systems while expanding capabilities in AI-driven mission and tactical communication technologies to support advanced defense operations.
L3Harris Technologies provides mission systems, sensors, and command and control technologies while strengthening autonomous and real-time battlefield communication capabilities for multi-domain operations.
Earnings Estimates for AVAV Stock
The Zacks Consensus Estimate for fiscal 2026 earnings per share suggests a year-over-year decline of 10.37%, and for fiscal 2027, estimates indicate growth of 26.94%.
Image Source: Zacks Investment Research
AVAV Stock Trading at a Discount
AeroVironment is trading at a discount relative to the industry, with a forward 12-month price-to-sales of 3.84X compared with the industry average of 12.03X.
Image Source: Zacks Investment Research
AVAV Stock Price Performance
Over the past year, AVAV shares have climbed 2.9% compared with the industry’s 26.3% growth.
Image Source: Zacks Investment Research
AVAV’s Zacks Rank
AeroVironment currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Zacks' Research Chief Names "Stock Most Likely to Double"
Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.
This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.
Free: See Our Top Stock And 4 Runners Up
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

How Is AeroVironment Advancing AI-Enabled Multi-Domain Autonomy?

Investors in L3Harris Technologies/, Inc. LHX need to pay close attention to the stock based on moves in the options market lately. That is because the May 15, 2026 $170.00 Call had some of the highest implied volatility of all equity options today.
What is Implied Volatility?
Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
What do the Analysts Think?
Clearly, options traders are pricing in a big move for L3Harris Technologies share, but what is the fundamental picture for the company? Currently, L3Harris Technologies is a Zacks Rank #2 (Buy) in the Aerospace - Defense Industry that ranks in the Bottom 34% of our Zacks Industry Rank. Over the last 60 days, one analyst has increased his estimates for the current quarter, while three have revised their estimates downward. The net effect has taken our Zacks Consensus Estimate for the current quarter to move from $2.85 per share to $2.78 per share in the same time period.
Given the way analysts feel about L3Harris Technologies right now, this huge implied volatility could mean there’s a trade developing. Often times, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
Looking to Trade Options?
Check out the simple yet high-powered approach that Zacks Executive VP Kevin Matras has used to close recent double and triple-digit winners. In addition to impressive profit potential, these trades can actually reduce your risk.
Click to see the trades now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Do Options Traders Know Something About L3Harris Technologies Stock We Don't?

Key Points
Palantir will participate in the upcoming U.S. Army "Right to Integrate" hackathon.
Palantir's government sales just grew slower than commercial. An Army win could change that.
After two days of falling share prices post-earnings, defense technology giant Palantir (NASDAQ: PLTR) stock is getting back on the horse Thursday, and as of 11:40 a.m. ET its stock is up 4.2%.
You can thank the U.S. Army for that -- and hackers.
Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »
Palantir's Hackathon
Palantir announced this morning that it will participate in an upcoming "hackathon sprint" hosted by the U.S. Army. It won't be the only defense company participating; according to an Army press release, everyone from Anduril to Boeing (NYSE: BA), General Dynamics (NYSE: GD), L3Harris (NYSE: LHX), Leidos (NYSE: LDOS), Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: RTX), and RTX Corp (NYSE: RTX) have also been invited.
But Palantir has a special reason to want to participate and show off its technical chops.
Last quarter, Palantir hit its highest-ever year-over-year growth rate of 85%, but two factors may still be worrying investors. First, Palantir warned that new contracts grew more slowly than sales (yielding a book-to-bill ratio under 1.0), and full-year sales may grow only 71% this year.
And second, government sales in particular grew more slowly than commercial sales -- only 76% for government, versus 95% for commercial, according to data from S&P Global Market Intelligence.
Why Palantir wants to enlist in the Army
A big win with the U.S. Army could help shift this dynamic and reaccelerate government sales growth. And here's the best news:
According to the Army, the aim of its "Right to Integrate" hackathon is to "ensure offensive and defensive weapon systems, and business systems across the Army, can collectively integrate, share data and communicate with each other." This objective plays right to Palantir's strengths.
If Palantir's looking for a place to grow faster, I think they just found it.
Should you buy stock in Palantir Technologies right now?
Before you buy stock in Palantir Technologies, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Palantir Technologies wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $476,034!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,274,109!*
Now, it’s worth noting Stock Advisor’s total average return is 975% — a market-crushing outperformance compared to 206% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
*Stock Advisor returns as of May 7, 2026.
Rich Smith has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Boeing, L3Harris Technologies, Leidos, Palantir Technologies, and RTX. The Motley Fool recommends Lockheed Martin. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Why Palantir Stock Popped Today

Cognyte Software Ltd. CGNT has been on a sharp upward trajectory, with its stock up nearly 38.1% over the past three months. Cognyte is a relatively young, standalone public company that spun off from Verint Systems in 2021.
The rally over the past three months has been driven by improving financial performance, strengthening demand trends and growing investor interest in the company’s prospects. Cognyte operates in the niche but increasingly critical domain of investigative analytics. The company provides data processing and AI-driven investigative analytics solutions primarily to governments and law enforcement agencies. As simmering geopolitical tensions spawn complex and massive volumes of data, the demand for such solutions is exploding.
However, such a rally often raises a critical question for investors: is there still meaningful upside left in the stock?
Let's do a deep dive and assess what to do with CGNT
CGNT: Multiple Tailwinds Offer Long Runway for Growth
The company is operating in a domain shaped by rising geopolitical tensions, increasing cyber and hybrid threats, sophisticated and complex data, and the need for real-time intelligence. Management noted that these factors are driving demand for its solutions.
Cognyte delivered double-digit revenue growth, with fiscal 2026 revenues rising 14.1% year over year. Demand from repeat customers, as well as increasing new customers, cushioned the top-line performance. Management noted that the installed base forms a significant portion of revenues, highlighting customer stickiness.
Image Source: Zacks Investment Research
In the fourth quarter of fiscal 2026, recurring revenues were up 5.6% to $50 million, representing 47.1% of total revenues.
CGNT recently announced that it won a $20 million plus, three-year subscription contract with a “long-standing customer” in the Europe/Middle East/Africa region, underscoring both demand visibility and customer stickiness.
Apart from installed base expansion, focus on new customers and scaling of the U.S. market bodes well. 61 new customers were added in fiscal 2026. CGNT is also strengthening its sales team and recently added Carahsoft as a channel partner. Carahsoft will aid in providing access to federal, state and local procurement channels to boost adoption of CGNT’s solutions.
The integration of AI into investigative workflows is emerging as a key differentiator. Cognyte is embedding AI into its operational systems platform, which creates a competitive moat.
The company’s backlog and remaining performance obligations (“RPO”) strengthen revenue visibility. Total RPO stood at $557.2 million, with a backlog of $433.4 million at the end of fiscal 2026. Total RPO is the sum of contract liabilities and backlog. As a result, the company now expects fiscal 2027 revenues to be $448 million (+/-3%) compared with $400 million in fiscal 2026.
Image Source: Zacks Investment Research
As revenues scale, profitability is also improving. Fiscal 2026 non-GAAP gross margin expanded 200 basis points to 73%, while non-GAAP operating profit of $36.7 more than doubled year over year. Adjusted EBITDA came in at $48.2 million, up from $29.1 million in the prior-year quarter. The company has already achieved its fiscal 2028 gross margin targets ahead of schedule, indicating strong execution.
Cognyte ended fiscal 2026 with approximately $116.9 million in cash and no debt. A strong balance sheet provides flexibility for acquisitions, innovation and shareholder returns. The company is also actively returning capital through share buybacks, signaling confidence in its growth. For fiscal 2026, CGNT repurchased stock worth $21.4 million.
However, macro uncertainty, competition, rising operating expenses and dependence on government spending cycles remain concerns.
Image Source: Zacks Investment Research
Analysts have significantly revised earnings estimates upwards for CGNT’s current fiscal year.
CGNT Stock vs. Peers
CGNT’s 38.1% gain stands in stark contrast to the Zacks Internet Software market’s decline of 1.6% in the past three months. The broader Computer and Technology sector and the S&P 500 are up 11.6% and 5%, respectively.
Price Performance
Image Source: Zacks Investment Research
Some of its peers, such as Elbit Systems ESLT and Palantir PLTR, have gained 29% and 7.4%, respectively, while L3Harris Technologies LHX is down 11.7%. Elbit Systems is an Israel-based company like Cognyte, while Palantir and L3Harris are established U.S.-based companies.
CGNT’s Discounted Valuation
In terms of the price/book multiple, CGNT is trading at 3.23X, lower than the sector’s multiple of 4.83X.
Image Source: Zacks Investment Research
ESLT, PLTR and LHX trade at a price/book multiple of 9.23X, 46.64X and 2.93X, respectively.
Why CGNT Still Has Room to Run
At present, CGNT flaunts a Zacks Rank #1 (Strong Buy).
Cognyte’s strong revenue visibility, expanding margins and growing role in the AI-driven investigative analytics space bode well. With a robust backlog and exposure to long-term geopolitical and security tailwinds, the company appears well-positioned for sustained growth.
While risks remain, CGNT still looks to have meaningful upside potential.
Zacks' Research Chief Names "Stock Most Likely to Double"
Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.
This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.
Free: See Our Top Stock And 4 Runners Up
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

CGNT Stock Up 38% in the Past 3 Months: Is There More Upside Ahead?

In trading on Monday, shares of L3Harris Technologies Inc (Symbol: LHX) crossed below their 200 day moving average of $310.05, changing hands as low as $308.50 per share. L3Harris Technologies Inc shares are currently trading off about 1.5% on the day. The chart below shows the one year performance of LHX shares, versus its 200 day moving average:
Looking at the chart above, LHX's low point in its 52 week range is $214.10 per share, with $379.23 as the 52 week high point — that compares with a last trade of $308.92. The LHX DMA information above was sourced from TechnicalAnalysisChannel.com
Project your dividend income with confidence: Income Calendar tracks your income portfolio like a personal assistant.
Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average »
Also see:
Top Stocks Held By Larry Robbins
ETFs Holding NEFF
Entertainment Dividend Stocks
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

LHX Crosses Below Key Moving Average Level

Data is currently not available
Edit My Quotes
Add up to 25 symbols
To add symbols:
Type a symbol or company name. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return.
Copy and paste multiple symbols separated by spaces.
These symbols will be available throughout the site during your session.
Save data
Data is currently not available
Edit My European Quotes
Add up to 25 instruments
To add instruments:
Type a instrument or company name. When the instrument you want to add appears, add it to My European Quotes by selecting it and pressing Enter/Return.
Copy and paste multiple instruments separated by spaces.
These instruments will be available throughout the site during your session.
Save data
Data is currently not available
Your symbols have been updated
You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com.
Continue
Data is currently not available
Edit Watchlist
Add up to 20 symbols
To add symbols:
Type a symbol or company name. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return.
Copy and paste multiple symbols separated by spaces.
These symbols will be available throughout the site during your session.
Save data

L3Harris (LHX) Q1 2026 Earnings Transcript

L3Harris Technologies, Inc. LHX reported first-quarter 2026 earnings (from continuing operations) of $2.72 per share, which beat the Zacks Consensus Estimate of $2.53 by 7.5%. The bottom line also increased 12.9% from the year-ago quarter’s $2.41.
LHX’s Total Revenues
L3Harris’ revenues totaled $5.74 billion, which topped the Zacks Consensus Estimate of $5.43 billion by 5.9%. The top line also improved 11.9% from the year-ago quarter’s $5.13 billion.
The year-over-year increase in the top line was driven by growth across all segments, reflecting new program ramp-up and increased international volume.
L3Harris Technologies Inc Price, Consensus and EPS Surprise
LHX’s Segmental Performance
Space and Mission Systems: Net revenues from the segment were $2.99 billion, reflecting a year-over-year improvement of 24%.
The segment’s operating income improved to $313 million from $238 million in the year-ago quarter. The operating margin increased 60 bps to 10.5%, driven by improved program performance.
Communication and Spectrum Dominance: Net revenues from this segment rose 3% to $1.86 billion.
The unit’s operating income improved to $465 million from $443 million in the year-ago quarter. The operating margin increased 60 bps to 25.1%, driven by increased sales associated with higher margin products in night vision devices and software-defined resilient communications, as well as the favorable settlement of a legal matter.
Missile Solutions: This segment reported revenues of $990 million, which improved 18% year over year.
The unit’s operating income of $124 million increased from $96 million in the first quarter of 2025. The operating margin jumped 110 bps to 12.5%, primarily due to the monetization of legacy assets aligned with its transformation and value creation priorities.
Financial Position of LHX
As of April 3, 2026, L3Harris had $0.59 billion in cash and cash equivalents compared with $1.07 billion as of Jan. 2, 2026.
The long-term debt as of the same date was $9.19 billion compared with $10.44 billion as of Jan. 2, 2026.
The net cash used in operating activities was $95 million during the first three months of 2026 compared with $42 million in the prior-year period.
LHX’s 2026 Guidance
It expects to generate approximately $23-23.5 billion in revenues. The Zacks Consensus Estimate for 2026 revenues is pegged at $23.45 billion, which is at the higher end of the company’s guided range.
L3Harris now expects earnings to be in the range of $11.40-$11.60 per share compared with the prior range of $11.30-$11.50. The Zacks Consensus for 2026 earnings is pegged at $11.53 per share, which is higher than the midpoint of the company’s guided range.
It expects adjusted free cash flow to be around $3 billion.
LHX’s Zacks Rank
L3Harris currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Recent Defense Releases
Lockheed Martin Corporation LMT reported first-quarter 2026 adjusted earnings of $6.44 per share, which missed the Zacks Consensus Estimate of $6.67 by 3.5%. The bottom line increased 11.5% from the year-ago quarter's reported figure of $2.22.
Net sales were $18.02 billion, which lagged the Zacks Consensus Estimate of $18.12 billion by 0.6%. The top line inched up 0.3% from $17.96 billion reported in the year-ago quarter.
Northrop Grumman Corporation NOC reported first-quarter 2026 adjusted earnings of $6.14 per share, which beat the Zacks Consensus Estimate of $6.08 by 1%. The bottom line also improved 1.3% from the year-ago quarter’s level of $6.06.
NOC’s total sales of $9.88 billion in the first quarter outpaced the Zacks Consensus Estimate of $9.79 billion by 1%. The top line also rose 4.4% from $9.47 billion reported in the year-ago quarter.
RTX Corporation’s RTX first-quarter 2026 adjusted earnings per share of $1.78 beat the Zacks Consensus Estimate of $1.52 by 17%. The bottom line improved 21.1% from the year-ago quarter’s level of $1.47.
Quarterly revenues came in at $22.08 billion, up 8.7% from $20.31 billion in the year-ago period. Sales also beat the consensus mark of $21.56 billion by 2.43%.
Radical New Technology Could Hand Investors Huge Gains
Quantum Computing is the next technological revolution, and it could be even more advanced than AI.
While some believed the technology was years away, it is already present and moving fast. Large hyperscalers, such as Microsoft, Google, Amazon, Oracle, and even Meta and Tesla, are scrambling to integrate quantum computing into their infrastructure.
Senior Stock Strategist Kevin Cook reveals 7 carefully selected stocks poised to dominate the quantum computing landscape in his report, Beyond AI: The Quantum Leap in Computing Power.
Kevin was among the early experts who recognized NVIDIA's enormous potential back in 2016. Now, he has keyed in on what could be "the next big thing" in quantum computing supremacy. Today, you have a rare chance to position your portfolio at the forefront of this opportunity.
See Top Quantum Stocks Now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Indicator	TTM Median
P/E	37.58 25.83
Price/Sales	2.76 1.49
P/B	3.07 2.58
P/FCF	32.16 19.63

Indicator	TTM Median
ROE	8.28 15.49
ROA	3.90 6.20
ROI	5.31 9.53
Net Worth	68.61 1.51
Quick Ratio	1.02 1.16
Current Ratio	1.19 1.59

Indicator	TTM Median
Net Profit Margin	7.35 7.36
Operating Margin	9.65 10.20
Gross Margin	25.73 32.45
Return on tangible equity	0.00 26.43

Indicator	TTM Median
EPS	2.72 0.61
EPS Forecast	2.53 0.60
Revenue	5.65B 194.00M
Gross Profit	1.45B —
EBITDA	930.00M —

L3Harris Technologies, Inc.

Recent quarterly and TTM performance

Valuation

Debts

Efficiency

Other ratios

Revenue