Leonardo DRS (NASDAQ:DRS) Updates FY 2026 Earnings Guidance

Leonardo DRS (NASDAQ:DRS) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 1.200-1.260 for the period, compared to the consensus EPS estimate of 1.260. The company issued revenue guidance of $3.9 billion-$4.0 billion, compared to the consensus revenue estimate of $3.8 billion.

Leonardo DRS Price Performance

Shares of Leonardo DRS stock opened at $38.14 on Tuesday. The company has a current ratio of 2.00, a quick ratio of 1.63 and a debt-to-equity ratio of 0.12. The firm has a fifty day simple moving average of $38.35 and a 200-day simple moving average of $38.97. The stock has a market capitalization of $10.15 billion, a price-to-earnings ratio of 38.92, a PEG ratio of 1.99 and a beta of 0.45. Leonardo DRS has a 1-year low of $28.17 and a 1-year high of $49.31.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Canaccord Genuity Group reiterated a “buy” rating and issued a $50.00 price objective on shares of Leonardo DRS in a research note on Thursday, October 30th. Zacks Research lowered Leonardo DRS from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 30th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Leonardo DRS in a report on Monday, December 29th. Truist Financial set a $54.00 price objective on Leonardo DRS in a research report on Friday, January 9th. Finally, Wall Street Zen raised shares of Leonardo DRS from a “hold” rating to a “buy” rating in a research report on Saturday, February 14th. Six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, Leonardo DRS currently has a consensus rating of “Moderate Buy” and a consensus price target of $47.14.

Insider Buying and Selling at Leonardo DRS

In other news, EVP Sally Wallace sold 1,300 shares of Leonardo DRS stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $35.17, for a total transaction of $45,721.00. Following the sale, the executive vice president directly owned 58,353 shares in the company, valued at approximately $2,052,275.01. The trade was a 2.18% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Michael Dippold sold 10,588 shares of the company’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $37.00, for a total transaction of $391,756.00. Following the completion of the sale, the chief financial officer directly owned 42,952 shares in the company, valued at approximately $1,589,224. The trade was a 19.78% decrease in their position. The SEC filing for this sale provides additional information. 0.12% of the stock is owned by company insiders.

Institutional Investors Weigh In On Leonardo DRS

Several large investors have recently modified their holdings of DRS. Quarry LP lifted its position in shares of Leonardo DRS by 7,041.7% during the 4th quarter. Quarry LP now owns 857 shares of the company’s stock worth $29,000 after buying an additional 845 shares during the period. PNC Financial Services Group Inc. raised its stake in Leonardo DRS by 435.0% during the third quarter. PNC Financial Services Group Inc. now owns 1,161 shares of the company’s stock worth $53,000 after acquiring an additional 944 shares in the last quarter. Kestra Advisory Services LLC acquired a new position in Leonardo DRS during the fourth quarter worth $48,000. Osaic Holdings Inc. lifted its holdings in shares of Leonardo DRS by 17.0% during the second quarter. Osaic Holdings Inc. now owns 2,383 shares of the company’s stock valued at $111,000 after acquiring an additional 347 shares during the period. Finally, Cerity Partners LLC acquired a new stake in shares of Leonardo DRS in the 2nd quarter valued at $204,000. 18.76% of the stock is currently owned by institutional investors.

About Leonardo DRS

Leonardo DRS is a U.S.-based defense technology company and wholly owned subsidiary of Italy’s Leonardo S.p.A. The firm specializes in developing and integrating mission-critical systems for military and government customers, with a primary focus on command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR). Its core offerings encompass advanced sensors, targeting systems, radars and electronic warfare solutions designed to enhance situational awareness and operational effectiveness across land, sea and air domains.

The company’s portfolio includes naval combat management systems, unmanned vehicle sensors, power generation and distribution equipment, and training and simulation solutions.