Wall Street analyst estimates for Leonardo DRS, Inc. (DRS): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
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.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2026E | $4.0B | $3.9B – $4.0B | $1.39 | 8 |
| 2027E | $4.2B | $4.2B – $4.3B | $1.47 | 7 |
Figures in USD · consensus as of October 29, 2026
Analyst Consensus
| Strong Buy | 0 |
| Buy | 7 |
| Hold | 2 |
| Sell | 0 |
| Strong Sell | 0 |
| Total analysts | 9 |
| Avg rating (−2 sell to +2 buy) | 0.78 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-10-29 | $0.35 | ||
| 2026-07-30 | $0.35 | $0.27 | +28.3% |
| 2026-05-05 | $0.26 | $0.21 | +23.8% |
| 2026-02-24 | $0.42 | $0.37 | +13.5% |
| 2025-10-29 | $0.29 | $0.28 | +3.6% |
| 2025-07-30 | $0.23 | $0.22 | +4.5% |
| 2025-05-01 | $0.20 | $0.17 | +21.1% |
| 2025-02-20 | $0.38 | $0.36 | +5.6% |
Valuation Ratios
| P/E Ratio | 29.58 |
| Price / Book | 3.40 |
| EV / EBITDA | 19.10 |
| Dividend Yield | 1.01% |
Income Statement (10y)
| Year | 2007 | 2008 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.82B | $3.30B | $2.33B | $2.71B | $2.78B | $2.88B | $2.69B | $2.83B | $3.23B | $3.65B |
| Cost of Revenue | $2.46B | $2.87B | $1.92B | $2.25B | $2.28B | $2.33B | $2.12B | $2.18B | $2.50B | $2.78B |
| Gross Profit | $362.5M | $426.5M | $414.0M | $459.0M | $494.0M | $547.0M | $575.0M | $648.0M | $736.0M | $869.0M |
| Research & Development | $50.9M | $66.1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | 0 | 0 | $268.0M | $277.0M | $283.0M | $293.0M | $357.0M | $384.0M | $414.0M | $497.0M |
| Operating Expenses | $50.9M | $66.1M | $369.0M | $296.0M | $313.0M | $311.0M | $14.0M | $417.0M | $443.0M | $521.0M |
| Operating Income | $311.6M | $360.4M | $45.0M | $163.0M | $181.0M | $236.0M | $561.0M | $231.0M | $293.0M | $348.0M |
| EBITDA | $385.2M | $438.6M | $169.0M | $211.0M | $229.0M | $293.0M | $624.0M | $313.0M | $376.0M | $437.0M |
| Interest Expense | $119.9M | $110.4M | $58.0M | $65.0M | $64.0M | $35.0M | $34.0M | $36.0M | $21.0M | $8.0M |
| Pre-tax Income | $188.6M | $251.3M | -$17.0M | $95.0M | $112.0M | $200.0M | $525.0M | $192.0M | $264.0M | $336.0M |
| Income Tax | $60.1M | $83.8M | -$7.0M | $20.0M | $27.0M | $46.0M | $120.0M | $24.0M | $51.0M | $58.0M |
| Net Income | $127.1M | $165.8M | -$10.0M | $75.0M | $85.0M | $154.0M | $405.0M | $168.0M | $213.0M | $278.0M |
| EPS | $6.38 | $2.01 | $-0.07 | $0.52 | $0.57 | $1.06 | $1.88 | $0.64 | $0.81 | $1.05 |
| EPS (Diluted) | $6.23 | $2.00 | $-0.07 | $0.52 | $0.57 | $1.06 | $1.88 | $0.64 | $0.80 | $1.03 |
| Shares Outstanding (Diluted) | 20.4 M | 82.7 M | 145.0 M | 145.0 M | 149.8 M | 145.0 M | 215.0 M | 264.0 M | 267.7 M | 268.8 M |
Price
| Price | $35.50 (closing price, October 28, 2026) |
| Market Cap | $9.5B |
| Exchange | NASDAQ |
| Country | US |
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Explore sector: Industrials · Aerospace & Defense
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