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DRS Stock Chart & Stats
$38.16
-$0.06(-0.12%)
At close: 4:00 PM EDT
$38.16
-$0.06(-0.12%)
Day’s Range― - ―
52-Week Range$32.43 - $50.59
Previous CloseN/A
Volume700.42K
Average Volume (3M)855.45K
Market Cap
$9.88B
Enterprise Value$11.47K
Total Cash (Recent Filing)$270.00M
Total Debt (Recent Filing)$267.00M
Price to Earnings (P/E)30.9
Beta1.06
Next Earnings
Nov 04, 2026EPS Estimate
0.35Next Dividend Ex-DateN/A
Dividend Yield0.97%
Share Statistics
EPS (TTM)1.20
Shares Outstanding266,891,500
10 Day Avg. Volume923,180
30 Day Avg. Volume855,445
Financial Highlights & Ratios
PEG Ratio1.10
Price to Book (P/B)3.31
Price to Sales (P/S)2.48
P/FCF Ratio39.84
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$52.67Price Target Upside38.02% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
EPS Forecast (FY)1.37
Revenue Forecast (FY)$3.95B
Bulls Say, Bears Say
Bulls Say
Sustained Revenue Growth And Margin ExpansionSteady revenue growth alongside expanding gross and net margins indicates stronger execution and improving operating leverage. If sustained, this combination can support higher earnings quality and give DRS greater capacity to reinvest in technology, production and customer programs.
Record Backlog Supports Multi-period Revenue VisibilityA book-to-bill above one for 18 consecutive quarters and record funded backlog provide visibility beyond a single reporting period. This supports future revenue planning, improves production utilization and reinforces DRS’s position in ongoing defense programs.
Strengthening Cash Generation And Conservative Balance SheetImproving operating and free cash flow, combined with materially lower leverage, strengthens financial flexibility. DRS can fund research, capacity expansion and strategic acquisitions with less balance-sheet risk while retaining resilience against contract timing or defense-budget fluctuations.
Bears Say
Cash Conversion Remains Exposed To Working-capital TimingAlthough recent cash generation is strong, the historical swings show that contract milestones, material availability and working capital can materially affect conversion. This may create uneven quarterly funding capacity and make reported earnings less predictable during program transitions.
Defense Budget And Revenue-conversion UncertaintyGovernment appropriations and contracting schedules can delay awards, deliveries and revenue recognition even when customer demand remains intact. A longer conversion cycle for complex solutions could defer growth, increase working-capital needs and reduce near-term visibility.
RAFT Execution And Benefit Timing RiskRAFT should expand AI and mission-software capabilities, but the transaction adds integration, approval and financing execution requirements before benefits emerge. The delayed contribution means DRS must absorb complexity while near-term earnings remain largely dependent on its existing portfolio.
DRS FAQ
What was Leonardo DRS’s price range in the past 12 months?
Leonardo DRS lowest stock price was $32.43 and its highest was $50.59 in the past 12 months.
What is Leonardo DRS’s market cap?
Leonardo DRS’s market cap is $9.88B.
When is Leonardo DRS’s upcoming earnings report date?
Leonardo DRS’s upcoming earnings report date is Nov 04, 2026 which is in 60 days.
How were Leonardo DRS’s earnings last quarter?
Leonardo DRS released its earnings results on Jul 30, 2026. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.273 by $0.077.
Is Leonardo DRS overvalued?
According to Wall Street analysts Leonardo DRS’s price is currently Undervalued.
Does Leonardo DRS pay dividends?
Leonardo DRS pays a Quarterly dividend of $0.09 which represents an annual dividend yield of 0.97%. See more information on Leonardo DRS dividends here
What is Leonardo DRS’s EPS estimate?
Leonardo DRS’s EPS estimate is 0.35.
How many shares outstanding does Leonardo DRS have?
Leonardo DRS has 266,891,500 shares outstanding.
What happened to Leonardo DRS’s price movement after its last earnings report?
Leonardo DRS reported an EPS of $0.35 in its last earnings report, beating expectations of $0.273. Following the earnings report the stock price went down -1.976%.
Which hedge fund is a major shareholder of Leonardo DRS?
Currently, no hedge funds are holding shares in DRS
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
Leonardo Drs Stock Smart Score
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$52.67 (38.02% Upside)
$52.67 (38.02% Upside)
Blogger Sentiment
Bullish
DRS Sentiment 88%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 26.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.6%
Last 30 Days ▼ 3.2%
Last 30 Days ▼ 3.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-10.64%
12-Months-Change
Fundamentals
Return on Equity
0.97%
Trailing 12-Months
Asset Growth
2.89%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Leonardo DRS
Established in Arlington, Virginia, in 1969, Leonardo DRS, Inc. is a leading supplier of advanced defense products and technologies. The company's diverse portfolio addresses military requirements across various environments, including land, air, sea, space, and cybersecurity, with additional applications in the commercial sector. Its operations are organized into two primary divisions: Advanced Sensing and Computing, and Integrated Mission Systems. DRS provides sophisticated sensing solutions, such as infrared systems for threat identification and improving situational awareness, alongside uncooled infrared technologies and systems designed to mitigate brownout conditions. Their electronic warfare (EW) capabilities encompass airborne, vehicle-mounted, and soldier-borne systems, supported by specialized EW software, training tools, and intelligence services. Furthermore, Leonardo DRS develops essential computing systems for military platforms like ground vehicles, ships, and submarines. These offerings include robust network and data distribution applications, integrated sensor systems, and resilient networked computing infrastructure. The company also specializes in force protection, delivering solutions for counter-unmanned aerial systems (C-UAS), short-range air defense, and active protection systems. Additionally, DRS is a key provider of power management and propulsion technologies, offering systems for power control, distribution, conversion, and propulsion—including hybrid electric drive systems, energy storage solutions, gas turbine packages, nuclear instrumentation and controls, and thermal management and refrigeration equipment. Leonardo DRS serves a broad client base, which includes the U.S. military, major aerospace and defense contractors, government intelligence agencies, and international armed forces.
DRS Company Deck
DRS Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed strong operational and financial momentum: double-digit organic revenue growth (10% YoY), substantial adjusted EBITDA growth (33% YoY) and margin expansion (240 bps), record funded backlog, robust bookings (> $1B) and strengthened cash generation. Management raised profit guidance and announced a strategic, accretive acquisition (RAFT) to expand AI/data-fusion software capabilities. Near-term caveats include expected Q3 margin normalization due to a one-time program risk retirement benefit in Q2, timing-related revenue conversion risks as backlog shifts toward solutions, and typical budget timing uncertainty. Overall, the positives (growth, margin expansion, backlog, disciplined M&A and cash flow) outweigh the highlighted near-term caveats.View all DRS earnings summariesDRS Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
$52.67
▲(38.02% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
Ownership Overview
0.32% Insiders
10.58% Mutual Funds
4.20% Other Institutional Investors
77.00% Public Companies and Individual Investors







