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DRS Overview

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$
0.000
0.000(0.000%)
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0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
45.939
Open
45.370
VWAP
45.33
Vol
752.63K
Mkt Cap
12.13B
Low
44.580
Amount
34.12M
EV/EBITDA(TTM)
25.81
Total Shares
266.76M
EV
11.93B
EV/OCF(TTM)
27.23
P/S(TTM)
3.30
Leonardo DRS, Inc. is a provider of advanced defense technology to the United States national security customers and allies around the world. It specializes in the design, development and manufacture of advanced sensing, network computing, force protection, and electric power and propulsion, and other mission-critical technologies. It is a provider of defense products and technologies that are used across land, air, sea, space, and cyber domains. Its segments include Advanced Sensing and Computing (ASC) and Integrated Mission Systems (IMS). The ASC segment designs, develops, and manufactures sensing and network computing technology that enables real-time situational awareness required for operational decision making and execution by its customers. The IMS segment designs, develops, manufactures, and integrates power conversion, control and distribution systems, ship propulsion systems, motors and variable frequency drives, force protection systems, transportation and logistics systems.
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Events Timeline

(ET)
2026-06-25
09:30:00
AeroVironment Appoints William Lynn III to Board of Directors
select
2026-05-19 (ET)
2026-05-19
18:50:00
Major Indices Fall for Third Day, WTI Crude Tops $104
select
2026-05-18 (ET)
2026-05-18
16:10:00
Leonardo DRS Launches Tenum 640 Orbit Thermal Camera Module
select
2026-05-05 (ET)
2026-05-05
07:40:00
Raises Revenue Outlook to $3.9B-$3.975B
select
2026-05-05
07:40:00
Leonardo DRS Reports Q1 Revenue of $846M, Beating Expectations
select
2026-04-29 (ET)
2026-04-29
17:40:00
DRS Network & Imaging Systems Awarded $150M Contract Modification
select
2026-04-23 (ET)
2026-04-23
08:20:00
Leonardo DRS Launches 2 kVA Uninterruptible Power Supply
select
2026-04-20 (ET)
2026-04-20
08:20:00
Leonardo DRS Launches New Unmanned Surface Vessel System
select

News

CNBC
6.5
07-06CNBC
New Investment Trends in Defense Sector
  • Valuation Restructuring: Panmure Liberum strategist Joachim Klement highlights that the rapid evolution of modern warfare prompts investors to rethink valuations in the defense sector, particularly regarding the choice between government spending commitments and the flow of funds into emerging technologies.
  • Procurement Risks and Fiscal Pressures: Klement emphasizes that while the geopolitical environment supports a long-term bull case for defense, procurement risks and fiscal pressures are making investors more selective, especially in their investments between legacy platforms and AI-enabled systems.
  • Rise of Electronic Warfare Technology: Klement notes that electronic warfare is a tech phenomenon, suggesting that companies in this space should be traded like tech firms, which implies that some defense stocks could warrant much higher valuations than conventional arms manufacturers.
  • Shifts in Investor Liquidity: Despite massive gains in defense stocks over the past five years, Klement points out that recent weakness reflects a rotation into AI trades rather than a deterioration in defense fundamentals, particularly as Germany and Poland continue to ramp up defense spending.
CNBC
8.5
07-02CNBC
KNDS Postpones IPO Amid European Defense Market Slump
  • IPO Delay Reason: KNDS has postponed its highly anticipated IPO due to a slump in European defense stocks, stating that the process will resume when market conditions improve, reflecting a cautious approach to current market volatility.
  • Valuation Challenges: The company faced difficulties convincing investors to back a valuation exceeding €12 billion ($13.7 billion), despite earlier media reports suggesting it could reach €25 billion, indicating a significant reduction in expectations.
  • Market Environment Impact: Following an agreement between the German and French governments on joint ownership of Leopard 2 tanks and Caesar howitzers, KNDS had initially planned a 20% flotation this summer, but changing market conditions have affected this timeline.
  • Investor Confidence Erosion: As investors question whether Europe's defense spending can meet expectations, defense stocks have sharply retreated from their highs, and KNDS's IPO delay reflects broader concerns about future earnings growth in the defense sector.
CNBC
8.5
07-01CNBC
Europe's Defense Rearmament Faces Challenges
  • Defense Budget Growth: European NATO core defense spending has doubled since 2019 and is projected to reach approximately €800 billion ($912 billion) by 2030, indicating a significant commitment to defense capabilities, yet the execution remains uncertain.
  • Procurement Delays: Germany's cancellation of the multi-billion euro F126 frigate program in favor of eight smaller Meko A-200 frigates illustrates a reassessment of procurement costs and delivery timelines, potentially undermining investor confidence in the sector.
  • Supply Chain Bottlenecks: Many European defense suppliers are small businesses with limited ability to raise capital, leading to bottlenecks for larger contractors; S&P Global Ratings noted that despite increased defense spending, equipment stocks remain below 2021 levels, hampering overall production capacity.
  • Strategic Autonomy Challenges: While defense investment has surged, Europe struggles to ensure strategic autonomy, with about half of defense spending flowing to external suppliers like the U.S., highlighting the continent's reliance on foreign military equipment.
Newsfilter
9.5
06-30Newsfilter
Leonardo DRS Schedules Q2 2026 Earnings Call
  • Earnings Call Scheduled: Leonardo DRS has set a conference call for July 30, 2026, at 10:00 a.m. ET to discuss its Q2 results, reflecting the company's commitment to transparency and investor communication.
  • Pre-Call Earnings Release: The company plans to issue its quarterly earnings press release prior to the call, ensuring investors have the necessary information ahead of the meeting, which may enhance market expectations regarding the company's performance.
  • Online Registration and Replay: Participants must register online to attend the call, with a replay available approximately two hours post-call and accessible for 90 days, improving investor convenience and information access.
  • Company Overview: Leonardo DRS focuses on developing transformative defense technologies, providing high-performance multi-domain capabilities for U.S. national security customers, showcasing its leadership and innovation in the defense sector.
Newsfilter
5.0
06-25Newsfilter
AeroVironment Appoints New Board Member
  • New Board Appointment: AeroVironment has announced the appointment of William J. Lynn III to its Board of Directors, effective June 24, 2026, with Lynn's extensive experience in defense and national security expected to provide valuable insights that will enhance the company's leadership position in a dynamic global security environment.
  • Defense Leadership Background: Lynn previously served as Chairman and CEO of Leonardo DRS, where he advanced defense electronics technology, and as the 30th U.S. Deputy Secretary of Defense, where he led the development of the Department's first cyber strategy, showcasing his deep expertise in the defense sector.
  • Strategic Support for Growth: Lynn expressed his commitment to joining the Board at a pivotal time for AeroVironment, aiming to drive the company's mission and growth to meet the needs of modern warfighters and allies, thereby strengthening its competitive edge in the market.
  • Educational and Professional Credentials: Lynn holds a degree from Dartmouth College, a J.D. from Cornell Law School, and an M.P.A. in international affairs from Princeton University, with his extensive educational background and professional experience poised to significantly support the company's strategic decision-making.
CNBC
8.5
06-24CNBC
KNDS Announces IPO to Strengthen Defense Capabilities
  • IPO Announcement: KNDS has officially announced its intention to list shares in Paris and Frankfurt, planning to sell up to 20% of its existing share capital, which underscores its ambition to become a European defense powerhouse and highlights its strategic importance in the global defense market.
  • Shareholder Structure Adjustment: Current shareholders, including the French state-owned GIAT Industries and Germany's Wegmann & Co., will sell shares through the IPO, with Germany planning to acquire a 40% stake to secure long-term influence over KNDS, reflecting national priorities in defense capabilities.
  • Financial Target Setting: In 2025, KNDS reported revenues of €4.4 billion (approximately $5 billion) and aims for annual revenues between €11 billion and €12 billion in the medium term, demonstrating confidence in future growth and market potential.
  • Market Environment Challenges: Despite an optimistic outlook for the defense sector, European defense stocks have recently declined due to negative market sentiment, raising questions about the timing of KNDS's IPO and reflecting investor skepticism regarding government commitments to defense budgets.
Wall Street analysts forecast DRS stock price to rise
6 Analyst Rating
Wall Street analysts forecast DRS stock price to rise
4 Buy
2 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
40.00
Averages
47.33
High
54.00
Current: 0.000
sliders
Low
40.00
Averages
47.33
High
54.00
Canaccord
Austin Moeller
Buy
maintain
$52 -> $54
AI Analysis
2026-05-06
Reason
Canaccord
Austin Moeller
Price Target
$52 -> $54
AI Analysis
2026-05-06
maintain
Buy
Reason
Canaccord analyst Austin Moeller raised the firm's price target on Leonardo DRS to $54 from $52 and keeps a Buy rating on the shares. The firm updated its model following beat and raise Q1 results which foreshadow that the demand environment for core product lines like EPP, network computing systems, tactical radars and advanced IR sensing is accelerating and converting into new bookings.
BofA
Buy
maintain
$50 -> $55
2026-03-25
Reason
BofA
Price Target
$50 -> $55
2026-03-25
maintain
Buy
Reason
BofA raised the firm's price target on Leonardo DRS to $55 from $50 and keeps a Buy rating on the shares as the firm rolls forward its valuation to reflect 2027. Escalating Middle East tensions and geopolitical instability appear poised to accelerate demand for naval platforms, air and missile defense, and counter unmanned aircraft systems systems served by DRS, the analyst tells investors.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for DRS
Unlock Now

Valuation Metrics

The current forward P/E ratio for Leonardo DRS Inc (DRS.O) is 33.33, compared to its 5-year average forward P/E of 28.79. For a more detailed relative valuation and DCF analysis to assess Leonardo DRS Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
28.79
Current PE
33.33
Overvalued PE
35.09
Undervalued PE
22.48

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
18.20
Current EV/EBITDA
25.27
Overvalued EV/EBITDA
22.88
Undervalued EV/EBITDA
13.52

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
2.20
Current PS
2.88
Overvalued PS
2.85
Undervalued PS
1.55

Financials

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Whales Holding DRS

M
Munro Partners
Holding
DRS
+4.69%
3M Return
E
Edgestream Partners, L.P.
Holding
DRS
+4.61%
3M Return

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Frequently Asked Questions

What is Leonardo DRS Inc (DRS) stock price today?

The current price of DRS is 45.47 USD — it has increased 0.22

What is Leonardo DRS Inc (DRS)'s business?

Leonardo DRS, Inc. is a provider of advanced defense technology to the United States national security customers and allies around the world. It specializes in the design, development and manufacture of advanced sensing, network computing, force protection, and electric power and propulsion, and other mission-critical technologies. It is a provider of defense products and technologies that are used across land, air, sea, space, and cyber domains. Its segments include Advanced Sensing and Computing (ASC) and Integrated Mission Systems (IMS). The ASC segment designs, develops, and manufactures sensing and network computing technology that enables real-time situational awareness required for operational decision making and execution by its customers. The IMS segment designs, develops, manufactures, and integrates power conversion, control and distribution systems, ship propulsion systems, motors and variable frequency drives, force protection systems, transportation and logistics systems.

What is the price predicton of DRS Stock?

Wall Street analysts forecast DRS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DRS is47.33 USD with a low forecast of 40.00 USD and a high forecast of 54.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Leonardo DRS Inc (DRS)'s revenue for the last quarter?

Leonardo DRS Inc revenue for the last quarter amounts to 846.00M USD, increased 5.88

What is Leonardo DRS Inc (DRS)'s earnings per share (EPS) for the last quarter?

Leonardo DRS Inc. EPS for the last quarter amounts to 0.23 USD, increased 21.05

How many employees does Leonardo DRS Inc (DRS). have?

Leonardo DRS Inc (DRS) has 7300 emplpoyees as of July 08 2026.

What is Leonardo DRS Inc (DRS) market cap?

Today DRS has the market capitalization of 12.13B USD.