Leonardo DRS (NASDAQ:DRS) Given New $48.00 Price Target at JPMorgan Chase & Co.

Posted by Brenda Bartman on Nov 11th, 2026

Leonardo DRS (NASDAQ:DRS – Get Free Report) had its price objective reduced by analysts at JPMorgan Chase & Co. from $53.00 to $48.00 in a research report issued to clients and investors on Wednesday, Benzinga reports. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 30.31% from the stock’s current price.

Other equities research analysts have also recently issued research reports about the stock. Guggenheim began coverage on shares of Leonardo DRS in a research report on Monday, September 14th. They issued a “buy” rating and a $51.00 target price for the company. Oppenheimer assumed coverage on Leonardo DRS in a research note on Thursday, October 22nd. They issued an “outperform” rating and a $45.00 price objective on the stock. Morgan Stanley upped their price target on shares of Leonardo DRS from $44.00 to $45.00 and gave the stock an “equal weight” rating in a report on Monday, November 2nd. Zacks Research raised Leonardo DRS from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 30th. Finally, Weiss Ratings upgraded shares of Leonardo DRS from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, November 4th. Three investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $50.88.

Check Out Our Latest Stock Analysis on DRS

Leonardo DRS Stock Performance

NASDAQ:DRS traded up $0.30 during mid-day trading on Wednesday, hitting $36.84. 92,283 shares of the stock were exchanged, compared to its average volume of 1,112,232. The firm’s 50-day simple moving average is $36.29 and its 200 day simple moving average is $41.97. The stock has a market capitalization of $9.82 billion, a price-to-earnings ratio of 27.11, a price-to-earnings-growth ratio of 1.95 and a beta of 0.37. Leonardo DRS has a fifty-two week low of $32.39 and a fifty-two week 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 issued its quarterly earnings data on Thursday, October 29th. The company reported $0.46 EPS for the quarter, beating analysts’ consensus estimates 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 return on equity of 14.33% and a net margin of 9.40%. The company’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.29 EPS. As a group, equities analysts anticipate that Leonardo DRS will post 1.52 EPS for the current fiscal year.

Insiders Place Their Bets

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 transaction 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 approximately $789,513.66. This represents a 40.74% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.25% of the company’s stock.

Institutional Investors Weigh In On Leonardo DRS

A number of institutional investors have recently modified their holdings of the company. Global Retirement Partners LLC bought a new position in Leonardo DRS during the second quarter worth $31,000. Edmond DE Rothschild Holding S.A. acquired a new stake in Leonardo DRS during the 2nd quarter worth about $32,000. Fifth Third Bancorp acquired a new stake in Leonardo DRS during the 1st quarter worth about $41,000. CX Institutional raised its position in shares of Leonardo DRS by 1,617.9% in the 3rd quarter. CX Institutional now owns 962 shares of the company’s stock worth $35,000 after acquiring an additional 906 shares in the last quarter. Finally, Parallel Advisors LLC raised its position in shares of Leonardo DRS by 1,701.4% in the 1st quarter. Parallel Advisors LLC now owns 1,261 shares of the company’s stock worth $56,000 after acquiring an additional 1,191 shares in the last quarter. 18.76% of the stock is owned by institutional investors.

Leonardo DRS Company Profile

(Get Free Report)

Leonardo DRS, Inc. is a U.S.-based defense technology company and a subsidiary of the Italian aerospace and defense group Leonardo S.p.A. It develops and supplies advanced products and services for the U.S. military and other government and commercial customers. The company’s offerings include naval power and propulsion systems, combat and mission systems, electro-optical and infrared sensors, electronic warfare and communications equipment, and computing and networking technologies. Its products support operations across maritime, land, air and space domains.