Leonardo DRS downgraded by BofA Securities with a new price target
$DRS
Industrial Machinery/Components
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BofA Securities downgraded Leonardo DRS from Buy to Neutral and set a new price target of $30.00 from $26.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
| 9/27/2023 | $20.00 | Buy | BofA Securities |
| 6/9/2023 | $19.00 | Buy | Truist |
| 4/4/2023 | $17.00 | Market Outperform | CJS Securities |
SC 13G/A - Leonardo DRS, Inc. (0001833756) (Subject)
SC 13G - Leonardo DRS, Inc. (0001833756) (Subject)
Leonardo DRS, Inc. (NASDAQ:DRS) has scheduled a conference call for Thursday, May 1, 2025 beginning at 10:00 a.m. (ET) to discuss its first quarter 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 call and will remain avail
Leonardo DRS, Inc. (NASDAQ:DRS) announced today that it has received a prototype project award by the U.S. Army to modernize the Paladin Electric Servo Amplifier (PESA) electric weapon control system for the M109A7 Paladin self-propelled howitzer. The OTA award is worth $16.9 million. The PESA is a critical technology to the operation of the M109A7. Under the project award Leonardo DRS will develop a next-generation prototype with current electrical technology to improve the producibility and maintainability of the line replaceable units and enable the continued operation of the vehicle with no degradation to current capabilities. "Paladin is a mission critical combat system, and our agil
Advanced System Enhances Situational Awareness, Threat Detection, and Mission Success Leonardo DRS, Inc. (NASDAQ:DRS) today introduced its high-performance Artificial Intelligence Processor (AIP) latest computing system, designed to quickly deliver real-time threat detection, situational awareness, and advanced mission processing directly to military vehicles. Built for high-speed processing in extreme environments, the ruggedized AIP integrates with A.I. algorithms in current and future U.S. Army combat applications and is engineered to process vast amounts of battlefield data, from advanced image sensors to sensor fusion systems. The system rapidly delivers actionable intelligence to so
DEFA14A - Leonardo DRS, Inc. (0001833756) (Filer)
DEF 14A - Leonardo DRS, Inc. (0001833756) (Filer)
PRE 14A - Leonardo DRS, Inc. (0001833756) (Filer)
Leonardo DRS, Inc. (NASDAQ:DRS) has scheduled a conference call for Thursday, May 1, 2025 beginning at 10:00 a.m. (ET) to discuss its first quarter 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 call and will remain avail
Revenue: $981 million for the fourth quarter and $3.2 billion for the year Net Earnings: $89 million for the fourth quarter and $213 million for the year Adjusted EBITDA: $148 million for the fourth quarter and $400 million for the year Diluted EPS: $0.33 for the fourth quarter and $0.80 for the year Adjusted Diluted EPS: $0.38 for the fourth quarter and $0.93 for the year Bookings: $1.3 billion for the fourth quarter and $4.1 billion for the year (book-to-bill ratio of 1.3) Backlog: $8.5 billion, up 10% from prior year Formalizes 2025 guidance Board of Directors declares a cash dividend and authorizes stock repurchase program Leonardo DRS, Inc. (NASDAQ:DRS), a leading pr
Leonardo DRS, Inc. (NASDAQ:DRS) has scheduled a conference call for Thursday, February 20, 2025 beginning at 10:00 a.m. (ET) to discuss its fourth quarter 2024 and full year 2024 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 conferenc
BofA Securities upgraded Leonardo DRS from Neutral to Buy and set a new price target of $40.00
BofA Securities downgraded Leonardo DRS from Buy to Neutral and set a new price target of $30.00 from $26.00 previously
BTIG Research initiated coverage of Leonardo DRS with a rating of Buy and set a new price target of $30.00
4 - Leonardo DRS, Inc. (0001833756) (Issuer)
4 - Leonardo DRS, Inc. (0001833756) (Issuer)
4 - Leonardo DRS, Inc. (0001833756) (Issuer)