Leonardo DRS, Inc. (DRS)
| Market Cap | 11.03B +13.0% |
| Revenue (ttm) | 3.70B +10.5% |
| Net Income | 290.00M +23.9% |
| EPS | 1.07 +21.7% |
| Shares Out | 266.76M |
| PE Ratio | 38.65 |
| Forward PE | 31.94 |
| Dividend | $0.36 (0.87%) |
| Ex-Dividend Date | May 19, 2026 |
| Volume | 924,943 |
| Open | 41.71 |
| Previous Close | 41.44 |
| Day's Range | 40.90 - 41.83 |
| 52-Week Range | 32.43 - 49.31 |
| Beta | 0.03 |
| Analysts | Strong Buy |
| Price Target | 50.00 (+20.89%) |
| Earnings Date | May 5, 2026 |
About DRS
Leonardo DRS, Inc., together with its subsidiaries, provides defense electronic products and systems, and military support services worldwide. It operates through Advanced Sensing and Computing and Integrated Mission Systems segments. The Advanced Sensing and Computing segment designs, develops, and manufacture sensing and network computing technology that enables real-time situational awareness required for enhanced operational decision making and execution; and offers sensing capabilities span applications, such as missions requiring advanced... [Read more]
Financial Performance
In 2025, Leonardo DRS's revenue was $3.65 billion, an increase of 12.80% compared to the previous year's $3.23 billion. Earnings were $278.00 million, an increase of 30.52%.
Financial StatementsAnalyst Summary
According to 6 analysts, the average rating for DRS stock is "Strong Buy." The 12-month stock price target is $50.0, which is an increase of 20.89% from the latest price.
News
Leonardo DRS price target raised to $54 from $52 at Canaccord
Canaccord analyst Austin Moeller raised the firm’s price target on Leonardo DRS (DRS) to $54 from $52 and keeps a Buy rating on the shares. The firm updated its model
Leonardo DRS Earnings Call Transcript: Q1 2026
Strong Q1 2026 results featured 6% revenue growth and 28% adjusted EBITDA growth, prompting raised full-year guidance. Robust demand, record backlog, and operational execution support continued investment in innovation and capacity.
Leonardo DRS reports Q1 adjusted EPS 26c, consensus 20c
Reports Q1 revenue $846M, consensus $824.84M. “Leonardo DRS (DRS) delivered a strong start to the year. Our first quarter 2026 results meaningfully outperformed expectations thanks to disciplined exec...
Leonardo DRS raises FY26 adjusted EPS view $1.26-$1.30 from $1.20-$1.26
Consensus $1.25. Raises revenue view $3.9B-$3.975B from $3.85B-$3.95B, consensus $3.91B.
Leonardo DRS Announces Financial Results for First Quarter 2026
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS), a leading provider of advanced defense technologies, today reported financial results for the first quarter 2026, which ended March 3...
Leonardo DRS awarded $150M Army contract modification
DRS Network & Imaging Systems was awarded a $150M modification to a contract for manufacturing and delivering Third Generation Forward Looking Infrared Low-Rate Initial Production Dewar Cooler Benches...
U.S. Air Force To Fly B-1B Lancer And B-2 Spirit Well Into Late 2030s
The United States Air Force has no plans to retire its remaining fleet of Boeing B-52 Stratofortress bombers for at least a couple more decades, and the old "BUFFs" as they are known, will be in servi...
Leonardo DRS introduces 2 KVA AC Uninterruptible Power Supply
Leonardo DRS (DRS) is introducing a new 2 kVA AC Uninterruptible Power Supply in the company’s uninterruptible power supply family of products, delivering clean, conditioned backup power to help keep
Leonardo DRS Introduces Rugged 2kVA UPS for Mission-Critical Power Protection in Harsh Shipboard Environments
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) announced today it is introducing a new 2 kVA AC Uninterruptible Power Supply (UPS) in the company's uninterruptible power supply fami...
Leonardo DRS integrates M-MEP on autonomous unmanned surface vessel
Leonardo DRS (DRS) integrated its Maritime Mission Equipment Package on an autonomous unmanned surface vessel, delivering a new counter-unmanned aerial system capability designed to detect, track, ide...
Leonardo DRS Launches New Maritime Counter-UAS Capability to Defeat Aerial Unmanned Threats at Sea
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) announced today it has successfully integrated its Maritime Mission Equipment Package (M-MEP) on an autonomous unmanned surface vessel...
Leonardo DRS Schedules First Quarter 2026 Earnings Conference Call for May 5, 2026
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) has scheduled a conference call for Tuesday, May 5, 2026 beginning at 10:00 a.m. (ET) to discuss its first quarter 2026 results. The c...
Leonardo DRS awarded $533.29M Navy contract
DRS Systems was awarded $533.29M firm-fixed-price, cost-plus-fixed-fee, cost reimbursable, indefinite-delivery/indefinite-quantity contract for the production and delivery of distributed aperture infr...
Leonardo DRS price target raised to $55 from $50 at BofA
BofA raised the firm’s price target on Leonardo DRS (DRS) to $55 from $50 and keeps a Buy rating on the shares as the firm rolls forward its valuation to
Leonardo DRS introduces THOR platform
The company states: “Leonardo DRS (DRS) announced the introduction of THOR – Tactical, High-Performance Embedded Computing, Open Architecture, Rugged – a rugged, open-architecture 3U VPX embedded comp...
Leonardo DRS Introduces THOR, Delivering Decisive Edge Computing Power to the Modern Battlefield
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) announced today the introduction of THOR - Tactical, High-Performance Embedded Computing, Open Architecture, Rugged - a rugged, open-a...
Leonardo DRS selected to support DoW in emerging technologies
The company states: “Leonardo DRS (DRS) announced that it has been awarded an engineering solutions contract for the Advanced Technology Support Program V to support the U.S. military in rapidly
Leonardo DRS Selected to Support Department of War for Rapid Fielding of Emerging Technologies
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) announced today that it has been awarded an engineering solutions contract for the Advanced Technology Support Program V (ATSP5) to su...
Element U.S. Space & Defense and Leonardo DRS Strike Strategic Agreement to Expand Critical EMI Testing Capabilities for U.S. Navy Systems
BELCAMP, Md. & MENOMONEE FALLS, Wis.--(BUSINESS WIRE)-- #EUSSD--Element U.S. Space & Defense (EUSSD), a trusted leader in advanced defense testing and engineering services, is proud to announce an exc...
Leonardo DRS Announces Appointment of Reuben Jeffery III to Board of Directors
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) announced today the appointment of Reuben Jeffery III to the company's Board of Directors. His appointment is effective on April 1, 20...
Leonardo DRS price target raised to $59 from $54 at Truist
Truist raised the firm’s price target on Leonardo DRS (DRS) to $59 from $54 and keeps a Buy rating on the shares. The company’s Q4 beat on the revenue and
Leonardo DRS price target raised to $47 from $40 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Leonardo DRS (DRS) to $47 from $40 and keeps an Equal Weight rating on the shares. Investor interest in smid-cap defense names
Leonardo DRS price target raised to $48 from $40 at JPMorgan
JPMorgan analyst Seth Seifman raised the firm’s price target on Leonardo DRS (DRS) to $48 from $40 and keeps a Neutral rating on the shares. The company issued a solid
Leonardo DRS price target raised to $52 from $50 at Canaccord
Canaccord raised the firm’s price target on Leonardo DRS (DRS) to $52 from $50 and keeps a Buy rating on the shares. The firm updatedits model following results and booked