Leonardo DRS (DRS) Stock Forecast, Price Target & Predictions
DRS Stock Forecast
Leonardo DRS stock forecast is as follows: an average price target of $30.50 (represents a -0.72% downside from DRS’s last price of $30.72) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
DRS Price Target
The average price target for Leonardo DRS (DRS) is $30.50 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $36.00 to $26.00. This represents a potential -0.72% downside from DRS's last price of $30.72.
DRS Analyst Ratings
According to 3 Wall Street analysts, Leonardo DRS's rating consensus is 'Buy'. The analyst rating breakdown for DRS stock is 0 'Strong Buy' (0.00%), 2 'Buy' (66.67%), 1 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Leonardo DRS Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 31, 2024 | Michael Ciarmoli | Truist Financial | $36.00 | $31.64 | 13.78% | 17.19% |
| Sep 24, 2024 | Ronald Epstein | Bank of America Securities | $30.00 | $28.58 | 4.97% | -2.34% |
| Jul 31, 2024 | Peter Arment | Robert W. Baird | $30.00 | $28.00 | 7.14% | -2.34% |
| Jul 17, 2024 | Michael Ciarmoli | Truist Financial | $30.00 | $28.37 | 5.75% | -2.34% |
| Jun 05, 2024 | Michael Ciarmoli | Truist Financial | $27.00 | $23.65 | 14.16% | -12.11% |
| May 24, 2024 | Kristine Liwag | Morgan Stanley | $26.00 | $24.07 | 8.02% | -15.36% |
| Jun 09, 2023 | Michael Ciarmoli | Truist Financial | $19.00 | $16.20 | 17.28% | -38.15% |
The latest Leonardo DRS stock forecast, released on Oct 31, 2024 by Michael Ciarmoli from Truist Financial, set a price target of $36.00, which represents a 13.78% increase from the stock price at the time of the forecast ($31.64), and a 17.19% increase from DRS last price ($30.72).
Leonardo DRS Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 2 | 6 |
| Avg Price Target | $36.00 | $33.00 | $29.83 |
| Last Closing Price | $30.72 | $30.72 | $30.72 |
| Upside/Downside | 17.19% | 7.42% | -2.90% |
In the current month, the average price target of Leonardo DRS stock is $36.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 17.19% increase as opposed to Leonardo DRS's last price of $30.72. This month's average price target is up 9.09% compared to last quarter, and up 20.68% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 24, 2024 | Bank of America Securities | - | Outperform | Downgrade |
| Aug 01, 2024 | BTIG | Buy | Buy | Hold |
| Jun 25, 2024 | BTIG | - | Buy | Initialise |
| May 24, 2024 | Morgan Stanley | - | Equal-Weight | Initialise |
Leonardo DRS's last stock rating was published by Bank of America Securities on Sep 24, 2024. The company Downgrade its DRS rating from "null" to "Outperform".
Leonardo DRS Financial Forecast
Leonardo DRS Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $926.00M | $703.00M | $628.00M | $569.00M | $820.00M | $634.00M | $627.00M | $612.00M | $820.00M | $720.00M | $658.00M | $681.00M | $826.00M | $719.00M | $650.00M | $583.00M | - | $678.50M | $678.50M | $678.50M |
| Avg Forecast | $999.50M | $851.87M | $801.97M | $731.33M | $937.02M | $775.44M | $680.38M | $645.56M | $880.03M | $682.14M | $630.51M | $531.04M | $886.52M | $30.61M | $29.12M | $30.79M | $31.60M | $32.58M | $27.98M | $24.50M | $22.73M | $18.30M | $15.49M | $14.77M | $13.43M | $11.98M | $9.21M | $9.03M |
| High Forecast | $1.01B | $864.76M | $814.10M | $742.40M | $959.90M | $779.77M | $680.38M | $645.56M | $893.35M | $682.14M | $640.05M | $539.07M | $899.93M | $30.61M | $29.12M | $30.79M | $31.60M | $32.58M | $27.98M | $24.50M | $22.73M | $18.30M | $15.49M | $14.77M | $13.43M | $11.98M | $9.21M | $9.03M |
| Low Forecast | $984.39M | $838.99M | $789.84M | $720.28M | $907.40M | $771.11M | $680.38M | $645.56M | $866.73M | $682.14M | $620.97M | $523.01M | $873.11M | $30.61M | $29.12M | $30.79M | $31.60M | $32.58M | $27.98M | $24.50M | $22.73M | $18.30M | $15.49M | $14.77M | $13.43M | $11.98M | $9.21M | $9.03M |
| # Analysts | 1 | 1 | 1 | 2 | 5 | 4 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | 1.05% | 1.03% | 1.00% | 1.07% | 0.92% | 20.71% | 21.53% | 19.88% | 25.95% | 22.10% | 23.52% | 27.80% | 36.33% | 39.29% | 41.96% | 39.48% | - | 56.65% | 73.70% | 75.14% |
Leonardo DRS's average Quarter revenue forecast for Mar 24 based on 1 analysts is $645.56M, with a low forecast of $645.56M, and a high forecast of $645.56M. DRS's average Quarter revenue forecast represents a -30.29% decrease compared to the company's last Quarter revenue of $926.00M (Dec 23).
Leonardo DRS EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 5 | 4 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | $105.00M | $59.00M | $42.00M | $46.00M | $88.00M | $393.00M | $58.00M | $71.00M | $95.00M | $68.00M | $66.00M | $64.00M | $91.00M | $50.00M | $47.00M | $41.00M | - | $52.75M | $52.75M | $52.75M |
| Avg Forecast | $122.31M | $104.24M | $98.14M | $89.49M | $114.66M | $94.89M | $83.26M | $79.00M | $107.69M | $83.47M | $77.16M | $64.98M | $108.48M | $3.75M | $3.56M | $3.77M | $3.87M | $3.99M | $3.42M | $3.00M | $2.78M | $2.24M | $1.90M | $1.81M | $1.64M | $1.47M | $1.13M | $1.11M |
| High Forecast | $124.16M | $105.82M | $99.62M | $90.85M | $117.46M | $95.42M | $83.26M | $79.00M | $109.32M | $83.47M | $78.32M | $65.97M | $110.12M | $3.75M | $3.56M | $3.77M | $3.87M | $3.99M | $3.42M | $3.00M | $2.78M | $2.24M | $1.90M | $1.81M | $1.64M | $1.47M | $1.13M | $1.11M |
| Low Forecast | $120.46M | $102.67M | $96.65M | $88.14M | $111.04M | $94.36M | $83.26M | $79.00M | $106.06M | $83.47M | $75.99M | $64.00M | $106.84M | $3.75M | $3.56M | $3.77M | $3.87M | $3.99M | $3.42M | $3.00M | $2.78M | $2.24M | $1.90M | $1.81M | $1.64M | $1.47M | $1.13M | $1.11M |
| Surprise % | - | - | - | - | - | - | - | - | 0.98% | 0.71% | 0.54% | 0.71% | 0.81% | 104.93% | 16.27% | 18.85% | 24.57% | 17.06% | 19.28% | 21.35% | 32.71% | 22.33% | 24.79% | 22.69% | - | 35.99% | 46.82% | 47.74% |
1 analysts predict DRS's average Quarter EBITDA for Mar 24 to be $79.00M, with a high of $79.00M and a low of $79.00M. This is -24.76% lower than Leonardo DRS's previous annual EBITDA (Dec 23) of $105.00M.
Leonardo DRS Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 5 | 4 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | $74.00M | $47.00M | $35.00M | $12.00M | $65.00M | $279.00M | $25.00M | $36.00M | $58.00M | $35.00M | $32.00M | $29.00M | $47.00M | $15.00M | $13.00M | $10.00M | - | $18.75M | $18.75M | $18.75M |
| Avg Forecast | $102.73M | $74.15M | $59.85M | $46.45M | $93.01M | $52.13M | $37.05M | $31.17M | $79.50M | $41.63M | $29.41M | $14.59M | $85.51M | $23.14M | $16.69M | $31.37M | $32.71M | $28.03M | $23.36M | $17.37M | $14.69M | $5.38M | $1.85M | $-888.31K | $-1.33M | $-5.34M | $-2.67M | $-2.67M |
| High Forecast | $104.75M | $75.61M | $61.03M | $47.37M | $98.32M | $52.33M | $37.34M | $31.20M | $81.07M | $41.67M | $29.99M | $14.88M | $87.19M | $23.14M | $16.69M | $31.37M | $32.71M | $28.03M | $23.36M | $17.37M | $14.69M | $5.38M | $1.85M | $-888.31K | $-1.33M | $-5.34M | $-2.67M | $-2.67M |
| Low Forecast | $100.71M | $72.69M | $58.68M | $45.54M | $90.35M | $51.94M | $36.75M | $31.13M | $76.85M | $41.58M | $28.83M | $14.30M | $83.83M | $23.14M | $16.69M | $31.37M | $32.71M | $28.03M | $23.36M | $17.37M | $14.69M | $5.38M | $1.85M | $-888.31K | $-1.33M | $-5.34M | $-2.67M | $-2.67M |
| Surprise % | - | - | - | - | - | - | - | - | 0.93% | 1.13% | 1.19% | 0.82% | 0.76% | 12.06% | 1.50% | 1.15% | 1.77% | 1.25% | 1.37% | 1.67% | 3.20% | 2.79% | 7.04% | -11.26% | - | -3.51% | -7.02% | -7.02% |
Leonardo DRS's average Quarter net income forecast for Mar 24 is $31.17M, with a range of $31.13M to $31.20M. DRS's average Quarter net income forecast represents a -57.88% decrease compared to the company's last Quarter net income of $74.00M (Dec 23).
Leonardo DRS SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 5 | 4 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | $98.00M | $96.00M | $90.00M | $100.00M | $96.00M | $101.00M | $84.00M | $76.00M | $68.00M | $73.00M | $73.00M | $79.00M | $69.00M | $72.00M | $74.00M | $68.00M | - | $74.00M | $74.00M | $74.00M |
| Avg Forecast | $114.28M | $97.40M | $91.69M | $83.62M | $107.13M | $88.66M | $77.79M | $73.81M | $100.62M | $77.99M | $72.09M | $60.72M | $101.36M | $3.50M | $3.33M | $3.52M | $3.61M | $3.73M | $3.20M | $2.80M | $2.60M | $2.09M | $1.77M | $1.69M | $1.54M | $1.37M | $1.05M | $1.03M |
| High Forecast | $116.01M | $98.87M | $93.08M | $84.88M | $109.75M | $89.16M | $77.79M | $73.81M | $102.14M | $77.99M | $73.18M | $61.63M | $102.89M | $3.50M | $3.33M | $3.52M | $3.61M | $3.73M | $3.20M | $2.80M | $2.60M | $2.09M | $1.77M | $1.69M | $1.54M | $1.37M | $1.05M | $1.03M |
| Low Forecast | $112.55M | $95.93M | $90.31M | $82.35M | $103.75M | $88.17M | $77.79M | $73.81M | $99.10M | $77.99M | $71.00M | $59.80M | $99.83M | $3.50M | $3.33M | $3.52M | $3.61M | $3.73M | $3.20M | $2.80M | $2.60M | $2.09M | $1.77M | $1.69M | $1.54M | $1.37M | $1.05M | $1.03M |
| Surprise % | - | - | - | - | - | - | - | - | 0.97% | 1.23% | 1.25% | 1.65% | 0.95% | 28.86% | 25.23% | 21.59% | 18.82% | 19.60% | 22.82% | 28.20% | 26.54% | 34.42% | 41.78% | 40.27% | - | 54.04% | 70.30% | 71.67% |
Leonardo DRS's average Quarter SG&A projection for Mar 24 is $73.81M, based on 1 Wall Street analysts, with a range of $73.81M to $73.81M. The forecast indicates a -24.68% fall compared to DRS last annual SG&A of $98.00M (Dec 23).
Leonardo DRS EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 5 | 4 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | $0.28 | $0.18 | $0.14 | $0.05 | $0.28 | $1.92 | $0.17 | $0.25 | $0.40 | $0.24 | $0.22 | $0.20 | $0.32 | $0.10 | $0.09 | $0.07 | - | $0.13 | $0.13 | $0.13 |
| Avg Forecast | $0.38 | $0.28 | $0.22 | $0.17 | $0.35 | $0.19 | $0.14 | $0.12 | $0.30 | $0.16 | $0.11 | $0.05 | $0.32 | $0.09 | $0.06 | $0.12 | $0.12 | $0.10 | $0.09 | $0.07 | $0.06 | $0.02 | $0.01 | $-0.00 | $-0.01 | $-0.02 | $-0.01 | $-0.01 |
| High Forecast | $0.39 | $0.28 | $0.23 | $0.18 | $0.37 | $0.20 | $0.14 | $0.12 | $0.30 | $0.16 | $0.11 | $0.06 | $0.33 | $0.09 | $0.06 | $0.12 | $0.12 | $0.10 | $0.09 | $0.07 | $0.06 | $0.02 | $0.01 | $-0.00 | $-0.01 | $-0.02 | $-0.01 | $-0.01 |
| Low Forecast | $0.38 | $0.27 | $0.22 | $0.17 | $0.34 | $0.19 | $0.14 | $0.12 | $0.29 | $0.16 | $0.11 | $0.05 | $0.31 | $0.09 | $0.06 | $0.12 | $0.12 | $0.10 | $0.09 | $0.07 | $0.06 | $0.02 | $0.01 | $-0.00 | $-0.01 | $-0.02 | $-0.01 | $-0.01 |
| Surprise % | - | - | - | - | - | - | - | - | 0.94% | 1.16% | 1.28% | 0.92% | 0.88% | 22.15% | 2.72% | 2.13% | 3.27% | 2.29% | 2.51% | 3.07% | 5.82% | 4.96% | 13.02% | -20.74% | - | -6.47% | -12.93% | -12.93% |
According to 1 Wall Street analysts, Leonardo DRS's projected average Quarter EPS for Mar 24 is $0.12, with a low estimate of $0.12 and a high estimate of $0.12. This represents a -58.47% decrease compared to DRS previous annual EPS of $0.28 (Dec 23).
Leonardo DRS Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| EVEX | Eve | $2.85 | $6.75 | 136.84% | Buy |
| AIR | AAR | $58.40 | $80.00 | 36.99% | Buy |
| MRCY | Mercury Systems | $33.18 | $43.33 | 30.59% | Buy |
| KTOS | Kratos Defense & Security Solutions | $22.87 | $27.80 | 21.56% | Buy |
| HXL | Hexcel | $58.84 | $67.62 | 14.92% | Hold |
| ATRO | Astronics | $17.71 | $20.00 | 12.93% | - |
| DCO | Ducommun | $59.23 | $60.00 | 1.30% | Buy |
| DRS | Leonardo DRS | $30.72 | $30.50 | -0.72% | Buy |
| CW | Curtiss-Wright | $348.82 | $316.80 | -9.18% | Buy |
| MOG-A | Moog | $193.74 | $131.00 | -32.38% | Buy |
DRS Forecast FAQ
Is Leonardo DRS a good buy?
Yes, according to 3 Wall Street analysts, Leonardo DRS (DRS) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 66.67% of DRS's total ratings.
What is DRS's price target?
Leonardo DRS (DRS) average price target is $30.5 with a range of $26 to $36, implying a -0.72% from its last price of $30.72. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Leonardo DRS stock go up soon?
According to Wall Street analysts' prediction for DRS stock, the company can go down by -0.72% (from the last price of $30.72 to the average price target of $30.5), up by 17.19% based on the highest stock price target, and down by -15.36% based on the lowest stock price target.
Can Leonardo DRS stock reach $50?
DRS's average twelve months analyst stock price target of $30.5 does not support the claim that Leonardo DRS can reach $50 in the near future.
What is Leonardo DRS's current price target trend?
1 Wall Street analyst forecast a $36 price target for Leonardo DRS (DRS) this month, up 17.19% from its last price of $30.72. Compared to the last 3 and 12 months, the average price target increased by 7.42% and decreased by -2.90%, respectively.
What are Leonardo DRS's analysts' financial forecasts?
Leonardo DRS's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $3.04B (high $3.07B, low $3B), average EBITDA is $371.81M (high $375.14M, low $367.65M), average net income is $213.35M (high $219.2M, low $210.16M), average SG&A $347.4M (high $350.51M, low $343.51M), and average EPS is $0.796 (high $0.818, low $0.784). DRS's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.38B (high $3.44B, low $3.33B), average EBITDA is $414.18M (high $420.45M, low $407.92M), average net income is $283.18M (high $288.75M, low $277.62M), average SG&A $386.99M (high $392.84M, low $381.14M), and average EPS is $1.06 (high $1.08, low $1.04).
Did the DRS's actual financial results beat the analysts' financial forecasts?
Based on Leonardo DRS's last annual report (Dec 2023), the company's revenue was $2.83B, beating the average analysts forecast of $2.72B by 3.76%. Apple's EBITDA was $231M, missing the average prediction of $333.3M by -30.69%. The company's net income was $168M, beating the average estimation of $165.13M by 1.74%. Apple's SG&A was $384M, beating the average forecast of $311.42M by 23.31%. Lastly, the company's EPS was $0.64, beating the average prediction of $0.616 by 3.87%. In terms of the last quarterly report (Dec 2023), Leonardo DRS's revenue was $926M, beating the average analysts' forecast of $880.03M by 5.22%. The company's EBITDA was $105M, missing the average prediction of $107.69M by -2.50%. Leonardo DRS's net income was $74M, missing the average estimation of $79.5M by -6.92%. The company's SG&A was $98M, missing the average forecast of $100.62M by -2.60%. Lastly, the company's EPS was $0.28, missing the average prediction of $0.297 by -5.61%