Leonardo DRS, Inc. (DRS)
NASDAQ: DRS · IEX Real-Time Price · USD
27.67
-0.17 (-0.61%)
Jul 19, 2024, 11:26 AM EDT - Market closed
Leonardo DRS Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Leonardo DRS stock have an average target of 27.2, with a low estimate of 24 and a high estimate of 30. The average target predicts a decrease of -1.70% from the current stock price of 27.67.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Leonardo DRS stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Buy | 1 | 1 | 1 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $27 → $30 | Strong Buy | Maintains | $27 → $30 | +8.42% | Jul 17, 2024 |
| BTIG | BTIG | Strong Buy Initiates $30 | Strong Buy | Initiates | $30 | +8.42% | Jun 26, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $25 → $27 | Strong Buy | Maintains | $25 → $27 | -2.42% | Jun 5, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Initiates $26 | Hold | Initiates | $26 | -6.04% | May 24, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $22 → $26 | Strong Buy | Maintains | $22 → $26 | -6.04% | Mar 15, 2024 |
Financial Forecast
Revenue This Year
3.05B
from 2.83B
Increased by 7.75%
Revenue Next Year
3.24B
from 3.05B
Increased by 6.24%
EPS This Year
0.82
from 0.64
Increased by 27.60%
EPS Next Year
0.98
from 0.82
Increased by 19.61%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.2B | 3.4B | 3.7B |
| Avg | 3.0B | 3.2B | 3.5B |
| Low | 2.9B | 3.1B | 3.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 13.5% | 12.3% | 15.0% |
| Avg | 7.7% | 6.2% | 7.1% |
| Low | 3.4% | 1.4% | 2.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.87 | 1.10 | 1.26 |
| Avg | 0.82 | 0.98 | 1.10 |
| Low | 0.78 | 0.90 | 1.02 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 36.2% | 35.0% | 29.0% |
| Avg | 27.6% | 19.6% | 12.9% |
| Low | 22.5% | 10.4% | 4.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.