Want to see IT:LDO full AI Analyst Report?
LDO Stock Chart & Stats
€54.12
€0.31(0.59%)
At close: 4:00 PM EDT
€54.12
€0.31(0.59%)
Day’s Range― - ―
52-Week Range€44.25 - €66.26
Previous CloseN/A
Volume556.40K
Average Volume (3M)1.79M
Market Cap
€28.29B
Enterprise Value€31.80K
Total Cash (Recent Filing)€986.00M
Total Debt (Recent Filing)€4.51B
Price to Earnings (P/E)25.1
Beta0.83
Next Earnings
Nov 05, 2026EPS Estimate
0.46Next Dividend Ex-DateN/A
Dividend Yield1.29%
Share Statistics
EPS (TTM)1.95
Shares Outstanding578,150,400
10 Day Avg. Volume1,818,006
30 Day Avg. Volume1,792,038
Financial Highlights & Ratios
PEG Ratio1.73
Price to Book (P/B)2.97
Price to Sales (P/S)1.45
P/FCF Ratio29.02
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€71.83Price Target Upside32.73% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
EPS Forecast (FY)2.36
Revenue Forecast (FY)€22.27B
Bulls Say, Bears Say
Bulls Say
Revenue GrowthStrong multi-year revenue expansion indicates growing demand for Leonardo’s aerospace, defense, and security offerings. Continued top-line growth can support scale benefits, reinforce customer and program relevance, and provide a durable base for investment across platforms, electronics, and services.
Improving ProfitabilityImproving net profitability alongside a healthy, sustained EBIT margin shows that higher revenue is translating into stronger earnings. This supports internal funding capacity and indicates better operating performance, although the benefit is tempered by the company’s relatively thin gross margin.
Deleveraging And ReturnsThe substantial reduction in leverage strengthens Leonardo’s financial resilience and increases flexibility for long-cycle programs, investment, and shareholder returns. Improving ROE also suggests that the company is using its growing equity base more effectively, supporting durable capital efficiency.
Bears Say
Incomplete Cash ConversionFree cash flow that covers only about half of net income indicates that accounting earnings are not fully converting into discretionary cash. If this pattern persists, Leonardo may have less flexibility to fund investment, reduce debt, or return capital without relying on additional financing.
Material Absolute DebtAlthough leverage has improved, the remaining debt balance is still material and leaves Leonardo exposed to financing costs and profitability volatility. A weaker earnings period could reduce financial flexibility, particularly because aerospace and defense programs can involve long execution cycles and substantial capital commitments.
Thin Gross MarginA gross margin near 8% limits the operating leverage Leonardo can obtain as revenue grows. Without structural margin expansion, higher scale may generate less incremental profit than expected, leaving earnings more sensitive to program execution and cost pressures over the medium term.
LDO FAQ
What was Leonardo Spa’s price range in the past 12 months?
Leonardo Spa lowest stock price was €44.25 and its highest was €66.26 in the past 12 months.
What is Leonardo Spa’s market cap?
Leonardo Spa’s market cap is €28.29B.
When is Leonardo Spa’s upcoming earnings report date?
Leonardo Spa’s upcoming earnings report date is Nov 05, 2026 which is in 35 days.
How were Leonardo Spa’s earnings last quarter?
Leonardo Spa released its earnings results on Jul 31, 2026. The company reported €0.417 earnings per share for the quarter, missing the consensus estimate of €0.47 by -€0.053.
Is Leonardo Spa overvalued?
According to Wall Street analysts Leonardo Spa’s price is currently Undervalued.
Does Leonardo Spa pay dividends?
Leonardo Spa pays a Annually dividend of €0.63 which represents an annual dividend yield of 1.29%. See more information on Leonardo Spa dividends here
What is Leonardo Spa’s EPS estimate?
Leonardo Spa’s EPS estimate is 0.46.
How many shares outstanding does Leonardo Spa have?
Leonardo Spa has 578,150,400 shares outstanding.
What happened to Leonardo Spa’s price movement after its last earnings report?
Leonardo Spa reported an EPS of €0.417 in its last earnings report, missing expectations of €0.47. Following the earnings report the stock price went up 2.606%.
Which hedge fund is a major shareholder of Leonardo Spa?
Currently, no hedge funds are holding shares in IT:LDO
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Leonardo Spa
Leonardo S.p.A. is a prominent industrial and technology firm with operations spanning Italy, the United Kingdom, the rest of Europe, the United States, and other international markets. The company's core activities are centered around helicopters, defense electronics and security systems, aeronautics, and space. Within its helicopter division, Leonardo designs and manufactures a diverse fleet for various applications, including military battlefield and combat roles, maritime operations, pilot training, executive and private transportation, medical and rescue missions, security, energy sector support, and general utility services. This is further enhanced by comprehensive support and training offerings. The aeronautics segment develops a range of aircraft, such as trainers, fighter jets, multi-mission transport planes, and multi-mission surveillance aircraft. In the realm of defense electronics and security, the company delivers sophisticated command and control systems, radar and sensor technologies, optronics, advanced communication systems, electronic warfare capabilities, avionics, air traffic management solutions, and integrated defense systems. It also specializes in cybersecurity and resilience, critical communication infrastructure, digitalization initiatives, and monitoring services. For the space industry, Leonardo provides geoinformation services, satellite communication technologies, ground support systems, navigation solutions, and satellite operational expertise. Its advanced offerings include interplanetary probes, orbiting modules, robotics and drilling equipment, electro-optics, laser transmitters, atomic clocks, photovoltaic panels, power distributors and amplifiers, attitude sensors, and orbital micropropulsion systems. Furthermore, Leonardo is involved in the manufacturing and assembly of crucial structural components, both composite and metallic, for commercial and military aircraft, helicopters, and unmanned aerial vehicles. The company also offers automation solutions for significant logistical operations, such as airport baggage handling systems, mail sorting centers, and courier logistics hubs. Established in 1948 and based in Rome, Italy, the company was previously known as Leonardo - Finmeccanica S.p.a. before officially changing its name to Leonardo S.p.a. in January 2017.
LDO Stock 12 Month Forecast
Average Price Target
€71.83
▲(32.73% Upside)
Technical Analysis
Avio S.p.A.
―
Fincantieri S.p.A.
―
Piaggio & C. SPA
―
Reply SPA
―
STMicroelectronics NV
―








