Canaccord Genuity initiated coverage on Leonardo DRS with a new price target
$DRS
Industrial Machinery/Components
Industrials
Canaccord Genuity initiated coverage of Leonardo DRS with a rating of Buy and set a new price target of $50.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/12/2025 | $50.00 | Buy | Canaccord Genuity |
| 8/11/2025 | $50.00 | Buy | Canaccord Genuity |
| 6/30/2025 | $49.00 | Buy | Goldman |
| 3/7/2025 | $40.00 | Neutral → Buy | BofA Securities |
| 9/24/2024 | $26.00 → $30.00 | Buy → Neutral | BofA Securities |
| 6/26/2024 | $30.00 | Buy | BTIG Research |
| 5/24/2024 | $26.00 | Equal-Weight | Morgan Stanley |
| 2/26/2024 | $23.00 | Neutral | JP Morgan |
New SOSA-aligned, open-architecture computing chassis accelerates AI-enabled decision-making, sensor fusion, and multi-domain operations for ground combat platforms Leonardo DRS, Inc. (NASDAQ:DRS) announced today the introduction of THOR - Tactical, High-Performance Embedded Computing, Open Architecture, Rugged - a rugged, open-architecture 3U VPX embedded computing chassis purpose-built to deliver high-performance processing at the tactical edge. Designed for combat vehicles, tactical platforms, and emerging mission environments, THOR provides the scalable computing backbone warfighters need to run artificial intelligence, fuse multi-sensor data, and make faster, more informed decisions
ATSP5 award enables Leonardo DRS to provide advanced engineering to accelerate next-generation electronic systems for the U.S. military. Leonardo DRS, Inc. (NASDAQ:DRS) announced today that it has been awarded an engineering solutions contract for the Advanced Technology Support Program V (ATSP5) to support the U.S. military in rapidly fielding emerging technologies. The indefinite-delivery, indefinite-quantity, multiple award contract has a total potential value of more than $25 billion over ten years. Leonardo DRS is one of thirteen companies awarded this contract, which positions the Company to offer its cutting-edge technologies and advanced engineering expertise to the development
Leonardo DRS, Inc. (NASDAQ:DRS) announced today the appointment of Reuben Jeffery III to the company's Board of Directors. His appointment is effective on April 1, 2026. Jeffery served as President and Chief Executive Officer and member of the board of directors of Rockefeller & Co. from 2010 to 2018. Jeffery brings to the DRS Board extensive expertise in public policy, global finance, and corporate governance. "We are delighted that Reuben is joining our Board," said Frances (Fran) Fragos Townsend, Board Chair of Leonardo DRS. "As DRS continues executing our growth strategy and investing ahead of demand to support our customers, his perspective will be highly additive in helping guide di
4 - Leonardo DRS, Inc. (0001833756) (Issuer)
4 - Leonardo DRS, Inc. (0001833756) (Issuer)
4 - Leonardo DRS, Inc. (0001833756) (Issuer)
144 - Leonardo DRS, Inc. (0001833756) (Subject)
8-K - Leonardo DRS, Inc. (0001833756) (Filer)
144 - Leonardo DRS, Inc. (0001833756) (Subject)
Canaccord Genuity resumed coverage of Leonardo DRS with a rating of Buy and set a new price target of $50.00
Canaccord Genuity initiated coverage of Leonardo DRS with a rating of Buy and set a new price target of $50.00
Goldman initiated coverage of Leonardo DRS with a rating of Buy and set a new price target of $49.00
Leonardo DRS, Inc. (NASDAQ:DRS) announced today the appointment of Reuben Jeffery III to the company's Board of Directors. His appointment is effective on April 1, 2026. Jeffery served as President and Chief Executive Officer and member of the board of directors of Rockefeller & Co. from 2010 to 2018. Jeffery brings to the DRS Board extensive expertise in public policy, global finance, and corporate governance. "We are delighted that Reuben is joining our Board," said Frances (Fran) Fragos Townsend, Board Chair of Leonardo DRS. "As DRS continues executing our growth strategy and investing ahead of demand to support our customers, his perspective will be highly additive in helping guide di
Leonardo DRS, Inc. (NASDAQ:DRS) announced today the appointment of Sally Wallace as Executive Vice President, Chief Operating Officer (COO). Wallace, who has been with the company since 2002, will assume her new responsibilities effective immediately and will continue to report directly to CEO John Baylouny. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260106960576/en/Sally Wallace, Chief Operating Officer, Leonardo DRS "Wallace is a strong leader and a trusted partner. Throughout her tenure at Leonardo DRS, she has been instrumental in driving excellence and business improvement. I look forward to working closely with her and
William J. Lynn to retire as Chairman and Chief Executive Officer John Baylouny named President & Chief Executive Officer and member of the Board of Directors Frances Fragos Townsend named Chair of the Board of Directors All changes effective January 1, 2026 Leonardo DRS, Inc. (NASDAQ:DRS) announced today that William J. (Bill) Lynn will retire as Chairman and Chief Executive Officer after fourteen years of leading the company. The Board of Directors has unanimously named John Baylouny as President & Chief Executive Officer and a member of the Board. Additionally, the Board of Directors has unanimously elected Frances (Fran) Fragos Townsend as Board Chair. All changes are effec
SC 13G/A - Leonardo DRS, Inc. (0001833756) (Subject)
SC 13G - Leonardo DRS, Inc. (0001833756) (Subject)
Revenue: $1.1 billion for the fourth quarter and $3.6 billion for the year Net Earnings: $102 million for the fourth quarter and $278 million for the year Adjusted EBITDA: $158 million for the fourth quarter and $453 million for the year Diluted EPS: $0.38 for the fourth quarter and $1.03 for the year Adjusted Diluted EPS: $0.42 for the fourth quarter and $1.15 for the year Bookings: $1.1 billion for the fourth quarter and $4.2 billion for the year (full year 2025 book-to-bill ratio of 1.2x) Backlog: $8.7 billion, up 3% from prior year Initiates strong 2026 guidance Leonardo DRS, Inc. (NASDAQ:DRS), a leading provider of advanced defense technologies, today reported
Leonardo DRS, Inc. (NASDAQ:DRS) has scheduled a conference call for Tuesday, February 24, 2026 beginning at 10:00 a.m. (ET) to discuss its fourth quarter 2025 and full year 2025 results. The company plans to issue its quarterly earnings press release prior to the conference call. The live audio broadcast of Leonardo DRS's conference call with corresponding press release and supplemental information will be available on the company's investor relations website. To attend the conference call or webcast, participants should register online at https://investors.leonardodrs.com. A replay will be available on the company's website approximately two hours after the conclusion of the conference
Revenue: $960 million, up 18% year-over-year Net Earnings: $72 million, up 26% year-over-year Adjusted EBITDA: $117 million, up 17% year-over-year Diluted EPS: $0.26, up 24% year-over-year Adjusted Diluted EPS: $0.29, up 21% year-over-year Bookings: $1.3 billion (book-to-bill ratio of 1.4x) Backlog: $8.9 billion, up 8% year-over-year Revises 2025 guidance for revenue and Adjusted Diluted EPS Dividend: Company declares $0.09 cash dividend per share to be paid on December 2, 2025 Leonardo DRS, Inc. (NASDAQ:DRS), a leading provider of advanced defense technologies, today reported financial results for the third quarter 2025, which ended September 30, 2025. CEO Com