Leonardo DRS (DRS) Stock Forecast, Price Target & Predictions

OverviewRevenue Ownership Financials Chart Transcripts

DRS Stock Forecast

Leonardo DRS stock forecast is as follows: an average price target of $32.00 (represents a -2.97% downside from DRS’s last price of $32.98) 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 $32.00 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 $30.00. This represents a potential -2.97% downside from DRS's last price of $32.98.

DRS Analyst Ratings

Buy

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%	9.16%
Sep 24, 2024	Ronald Epstein	Bank of America Securities	$30.00	$28.58	4.97%	-9.04%
Jul 31, 2024	Peter Arment	Robert W. Baird	$30.00	$28.00	7.14%	-9.04%
Jul 17, 2024	Michael Ciarmoli	Truist Financial	$30.00	$28.37	5.75%	-9.04%
Jun 05, 2024	Michael Ciarmoli	Truist Financial	$27.00	$23.65	14.16%	-18.13%
May 24, 2024	Kristine Liwag	Morgan Stanley	$26.00	$24.07	8.02%	-21.16%
Jun 09, 2023	Michael Ciarmoli	Truist Financial	$19.00	$16.20	17.28%	-42.39%

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 9.16% increase from DRS last price ($32.98).

Leonardo DRS Price Target by Period

	1M	3M	12M
# Anlaysts	-	2	6
Avg Price Target	-	$33.00	$29.83
Last Closing Price	$32.98	$32.98	$32.98
Upside/Downside	-100.00%	0.06%	-9.55%

In the current month, the average price target of Leonardo DRS stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Leonardo DRS's last price of $32.98. This month's average price target is down -100.00% compared to last quarter, and down -100.00% 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	$1.01B	$866.93M	$804.47M	$733.83M	$942.17M	$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	$1.02B	$882.20M	$818.64M	$748.53M	$961.09M	$779.77M	$680.38M	$645.56M	$895.53M	$682.14M	$641.61M	$540.39M	$902.13M	$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	$989.88M	$852.90M	$791.45M	$719.13M	$922.59M	$771.11M	$680.38M	$645.56M	$865.79M	$682.14M	$620.30M	$522.44M	$872.17M	$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	$121.63M	$104.80M	$97.25M	$88.71M	$113.89M	$93.74M	$82.25M	$78.04M	$106.38M	$82.46M	$76.22M	$64.19M	$107.17M	$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	$123.77M	$106.64M	$98.96M	$90.49M	$116.18M	$94.26M	$82.25M	$78.04M	$108.26M	$82.46M	$77.56M	$65.32M	$109.05M	$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	$119.66M	$103.10M	$95.67M	$86.93M	$111.53M	$93.22M	$82.25M	$78.04M	$104.66M	$82.46M	$74.98M	$63.15M	$105.43M	$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 %	-	-	-	-	-	-	-	-	0.99%	0.72%	0.55%	0.72%	0.82%	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 $78.04M, with a high of $78.04M and a low of $78.04M. This is -25.68% 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	$76.83M	$59.85M	$46.45M	$94.64M	$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	$105.09M	$78.59M	$61.22M	$47.52M	$97.27M	$52.33M	$37.34M	$31.20M	$81.32M	$41.67M	$30.08M	$14.92M	$87.47M	$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	$100.57M	$75.21M	$58.59M	$43.87M	$89.38M	$51.94M	$36.75M	$31.13M	$76.85M	$41.58M	$28.79M	$14.28M	$83.71M	$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	$115.54M	$99.55M	$92.38M	$84.27M	$108.19M	$89.04M	$78.13M	$74.13M	$101.05M	$78.33M	$72.40M	$60.98M	$101.80M	$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	$117.57M	$101.30M	$94.00M	$85.95M	$110.36M	$89.54M	$78.13M	$74.13M	$102.83M	$78.33M	$73.68M	$62.05M	$103.59M	$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	$113.67M	$97.94M	$90.88M	$82.58M	$105.94M	$88.55M	$78.13M	$74.13M	$99.42M	$78.33M	$71.23M	$59.99M	$100.15M	$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%	1.24%	1.64%	0.94%	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 $74.13M, based on 1 Wall Street analysts, with a range of $74.13M to $74.13M. The forecast indicates a -24.36% 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	$0.29	$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	$0.29	$0.23	$0.18	$0.36	$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	$0.28	$0.22	$0.16	$0.33	$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
AIR	AAR	$62.80	$80.00	27.39%	Buy
EVEX	Eve	$4.84	$6.00	23.97%	Buy
ATRO	Astronics	$16.36	$20.00	22.25%
MRCY	Mercury Systems	$38.24	$43.75	14.41%	Hold
KTOS	Kratos Defense & Security Solutions	$27.25	$30.50	11.93%	Buy
HXL	Hexcel	$63.60	$69.86	9.84%	Hold
DCO	Ducommun	$64.29	$60.00	-6.67%	Buy
DRS	Leonardo DRS	$34.45	$32.00	-7.11%	Buy
CW	Curtiss-Wright	$364.49	$328.67	-9.83%	Buy
MOG-A	Moog	$198.44	$131.00	-33.99%	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 $32 with a range of $30 to $36, implying a -2.97% from its last price of $32.98. 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 -2.97% (from the last price of $32.98 to the average price target of $32), up by 9.16% based on the highest stock price target, and down by -9.04% based on the lowest stock price target.

Can Leonardo DRS stock reach $50?

DRS's average twelve months analyst stock price target of $32 does not support the claim that Leonardo DRS can reach $50 in the near future.

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 $3.02B), average EBITDA is $367.92M (high $370.72M, low $365.03M), average net income is $214.98M (high $218.15M, low $209.19M), average SG&A $349.49M (high $352.16M, low $346.75M), and average EPS is $0.802 (high $0.814, low $0.781). DRS's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.41B (high $3.47B, low $3.35B), average EBITDA is $412.38M (high $419.86M, low $405.37M), average net income is $285.86M (high $292.41M, low $278.25M), average SG&A $391.73M (high $398.84M, low $385.07M), and average EPS is $1.07 (high $1.09, 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 $329.25M by -29.84%. 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 $312.77M by 22.78%. 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 $106.38M by -1.30%. 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 $101.05M by -3.02%. Lastly, the company's EPS was $0.28, missing the average prediction of $0.297 by -5.61%