Leonardo DRS, Inc. (DRS)
NASDAQ: DRS · IEX Real-Time Price · USD
21.69
+0.30 (1.40%)
Apr 26, 2024, 2:16 PM EDT - Market open
Leonardo DRS Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Leonardo DRS stock have an average target of 25, with a low estimate of 24 and a high estimate of 26. The average target predicts an increase of 15.26% from the current stock price of 21.69.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 15, 2024.
Analyst Ratings
The average analyst rating for Leonardo DRS stock from 3 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 3 | 2 | 2 | 2 |
| Buy | 2 | 2 | 1 | 1 | 1 | 0 |
| Hold | 0 | 0 | 0 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 4 | 4 | 4 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Strong Buy Maintains $22 → $26 | Strong Buy | Maintains | $22 → $26 | +19.87% | Mar 15, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $25 → $24 | Hold | Maintains | $25 → $24 | +10.65% | Mar 15, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $24 → $25 | Strong Buy | Maintains | $24 → $25 | +15.26% | Feb 28, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $23 → $25 | Hold | Maintains | $23 → $25 | +15.26% | Feb 28, 2024 |
| JP Morgan | JP Morgan | Hold Initiates $23 | Hold | Initiates | $23 | +6.04% | Feb 26, 2024 |
Financial Forecast
Revenue This Year
3.04B
from 2.83B
Increased by 7.50%
Revenue Next Year
3.24B
from 3.04B
Increased by 6.52%
EPS This Year
0.81
from 0.64
Increased by 26.78%
EPS Next Year
0.97
from 0.81
Increased by 19.75%
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 | 12.7% | 11.7% | 13.7% |
| Avg | 7.5% | 6.5% | 6.7% |
| Low | 3.4% | 1.9% | 2.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.85 | 1.10 | 1.26 |
| Avg | 0.81 | 0.97 | 1.10 |
| Low | 0.78 | 0.91 | 1.02 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 32.9% | 35.9% | 29.7% |
| Avg | 26.8% | 19.8% | 13.3% |
| Low | 22.5% | 12.3% | 4.9% |
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.