NASDAQ:DRS
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Nervous markets await NvidiaLast May, they delivered a large revenue beat with 16% growth YOY. Both of their segments did well, driven by growth in propulsion systems and tactical radars. They have exposure to rare earths which have risen in price on the market. They're confident they can navigate tariffs due to their main footprint and supply chain in the US. Also, 20% of business comes from Canada, South Korea and Israel. The numbers are good. Up 46% this year. DRS feel that can benefit from defense spending. They launched a dividend this year, albeit small, but shows confidence, and started a modes share buyback this year. Share have run up, now at 37x PE. Would buy only in a serious pullback.
They do military applications, like propulsion systems for the navy, radar and detection systems. 80% of business comes from the US Army, but the pressure for NATO countries to build their own defenses will be a tailwind. The US Navy has a huge submarine project that will benefit DRS. DRS has an $8.5 billion backlog.
(Analysts’ price target is $43.00)Leonardo DRS is a American stock, trading under the symbol DRS-Q on the NASDAQ (DRS). It is usually referred to as NASDAQ:DRS or DRS-Q
In the last year, 2 stock analysts published opinions about DRS-Q. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Leonardo DRS.
Leonardo DRS was recommended as a Top Pick by on . Read the latest stock experts ratings for Leonardo DRS.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of Leonardo DRS published on Stockchase.
On 2025-07-21, Leonardo DRS (DRS-Q) stock closed at a price of $46.79.
He bought it recently, because defense spending will increase around the world (ex-USA) Is a long-term holder.