Leonardo DRS (NASDAQ:DRS) Price Target Raised to $45.00

Posted by Brian Himes on Nov 5th, 2026

Leonardo DRS (NASDAQ:DRS – Free Report) had its price objective upped by Morgan Stanley from $44.00 to $45.00 in a research note published on Monday morning,Benzinga reports. They currently have an equal weight rating on the stock.

DRS has been the subject of several other research reports. BTIG Research reissued a “buy” rating and issued a $50.00 price objective on shares of Leonardo DRS in a research report on Monday. Guggenheim began coverage on shares of Leonardo DRS in a research note on Monday, September 14th. They issued a “buy” rating and a $51.00 target price on the stock. Oppenheimer started coverage on shares of Leonardo DRS in a report on Thursday, October 22nd. They set an “outperform” rating and a $45.00 target price on the stock. Weiss Ratings cut shares of Leonardo DRS from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, October 22nd. Finally, JPMorgan Chase & Co. upped their price target on shares of Leonardo DRS from $48.00 to $53.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. Three equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of $51.50.

Check Out Our Latest Research Report on Leonardo DRS

Leonardo DRS Stock Down 8.6%

DRS opened at $35.52 on Monday. The firm has a 50 day moving average price of $36.57 and a 200 day moving average price of $42.11. The company has a market cap of $9.47 billion, a PE ratio of 26.08, a price-to-earnings-growth ratio of 2.08 and a beta of 0.37. Leonardo DRS has a 1 year low of $32.43 and a 1 year high of $50.59. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.56 and a current ratio of 1.88.

Leonardo DRS (NASDAQ:DRS – Get Free Report) last posted its quarterly earnings results on Thursday, October 29th. The company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.35 by $0.11. The firm had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.03 billion. Leonardo DRS had a net margin of 9.40% and a return on equity of 14.33%. Leonardo DRS’s revenue for the quarter was up 11.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.29 earnings per share. Sell-side analysts expect that Leonardo DRS will post 1.52 earnings per share for the current year.

Leonardo DRS Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 25th. Shareholders of record on Thursday, November 12th will be issued a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Thursday, November 12th. Leonardo DRS’s dividend payout ratio is currently 26.47%.

Insider Transactions at Leonardo DRS

In other Leonardo DRS news, CFO Michael Dippold sold 14,317 shares of the stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $37.91, for a total value of $542,757.47. Following the completion of the sale, the chief financial officer owned 20,826 shares of the company’s stock, valued at $789,513.66. This trade represents a 40.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.25% of the stock is owned by company insiders.

Institutional Trading of Leonardo DRS

A number of hedge funds have recently made changes to their positions in DRS. BlackRock Inc. acquired a new stake in shares of Leonardo DRS during the second quarter worth approximately $212,883,000. Ieq Capital LLC acquired a new stake in Leonardo DRS in the second quarter valued at $8,705,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Leonardo DRS in the second quarter valued at $24,857,000. PDT Partners LLC acquired a new stake in Leonardo DRS in the second quarter valued at $3,153,000. Finally, Legal & General Group Plc bought a new position in Leonardo DRS during the 2nd quarter valued at $2,687,000. Hedge funds and other institutional investors own 18.76% of the company’s stock.

Key Leonardo DRS News

Here are the key news stories impacting Leonardo DRS this week:

Positive Sentiment: AeroVironment selected Leonardo DRS to support production of the U.S. Army’s LOCUST X3/enduring high-energy laser system, including vehicle integration, power and cooling. The Army’s broader production push is valued at $464.8 million, but DRS’s portion was not specified. U.S. Army LOCUST X3 laser production
Positive Sentiment: BTIG reaffirmed its Buy rating on DRS, providing continued analyst support. BTIG Research Reaffirms Buy Rating
Neutral Sentiment: CFO Michael Dippold sold 14,317 shares for about $543,000, reducing his holdings by roughly 41%. The sale was made under a prearranged Rule 10b5-1 plan, which lessens the significance of its timing. CFO share sale
Neutral Sentiment: DRS appointed Shaveta J. Kapoor as chief human resources officer to lead workforce and leadership initiatives supporting the company’s growth. The announcement did not disclose financial terms or an immediate earnings impact. Appointment of chief human resources officer

Leonardo DRS Company Profile

(Get Free Report)

Leonardo DRS, Inc is a defense technology company that develops and supplies advanced products and systems for the U.S. military and government customers, as well as allied nations. The company operates as a subsidiary of Leonardo S.p.A. and focuses on technologies used in land, sea, air and space-related defense applications.

Its offerings include sensing and surveillance systems, electro-optical and infrared technologies, radar and electronic warfare products, network computing and communications systems, counter-uncrewed aircraft systems, force protection equipment, and naval power and propulsion systems.