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

Leonardo DRS (NASDAQ:DRS) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.200-1.260 for the period, compared to the consensus earnings per share 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 NASDAQ DRS opened at $38.14 on Tuesday. The business has a fifty day moving average price of $38.35 and a two-hundred day moving average price of $38.97. The stock has a market capitalization of $10.15 billion, a PE ratio of 38.92, a P/E/G ratio of 1.99 and a beta of 0.45. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.00 and a quick ratio of 1.63. Leonardo DRS has a fifty-two week low of $28.17 and a fifty-two week high of $49.31.

Leonardo DRS (NASDAQ:DRS) last issued its quarterly earnings results on Tuesday, February 24th. The company reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.37 by $0.05. Leonardo DRS had a return on equity of 11.37% and a net margin of 7.43%.The firm’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.38 EPS. Leonardo DRS has set its FY 2026 guidance at 1.200-1.260 EPS. As a group, equities analysts predict that Leonardo DRS will post 1.04 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

DRS has been the topic of several recent analyst reports. Morgan Stanley set a $40.00 target price on shares of Leonardo DRS in a report on Tuesday, December 16th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Leonardo DRS in a research report on Monday, December 29th. Truist Financial set a $54.00 price objective on shares of Leonardo DRS in a research report on Friday, January 9th. Canaccord Genuity Group restated a “buy” rating and set a $50.00 target price on shares of Leonardo DRS in a research note on Thursday, October 30th. Finally, Zacks Research downgraded Leonardo DRS from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 30th. Six 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.com, Leonardo DRS presently has a consensus rating of “Moderate Buy” and a consensus price target of $47.14.

Insider Buying and Selling at Leonardo DRS

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

Institutional Investors Weigh In On Leonardo DRS

A number of institutional investors have recently added to or reduced their stakes in DRS. Bank of Montreal Can grew its stake in Leonardo DRS by 1.6% during the fourth quarter. Bank of Montreal Can now owns 19,513 shares of the company’s stock worth $665,000 after purchasing an additional 309 shares during the period. Osaic Holdings Inc. boosted its holdings in shares of Leonardo DRS by 17.0% during the 2nd quarter. Osaic Holdings Inc. now owns 2,383 shares of the company’s stock worth $111,000 after buying an additional 347 shares in the last quarter. Cibc World Market Inc. grew its position in shares of Leonardo DRS by 6.3% during the 4th quarter. Cibc World Market Inc. now owns 7,128 shares of the company’s stock worth $243,000 after buying an additional 425 shares during the period. Kennedy Capital Management LLC grew its position in shares of Leonardo DRS by 0.4% during the 4th quarter. Kennedy Capital Management LLC now owns 100,366 shares of the company’s stock worth $3,421,000 after buying an additional 431 shares during the period. Finally, The Manufacturers Life Insurance Company increased its stake in shares of Leonardo DRS by 3.3% in the 4th quarter. The Manufacturers Life Insurance Company now owns 23,824 shares of the company’s stock valued at $812,000 after acquiring an additional 759 shares in the last quarter. 18.76% of the stock is owned by institutional investors.

Leonardo DRS Company Profile

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.