NASDAQ:DRS
Leonardo DRS (DRS)
Financials 
Technical Analysis 
Sep 4, 2026, 12:00 amThis summary was created by AI, based on 1 opinions in the last 12 months.
Leonardo DRS, trading under the symbol DRS-Q, has made a name for itself as a top pick among defense contractors due to a significant rise in global defense budgets. This trend is further supported by the increasing pressure on NATO member countries to enhance their military expenditures. Such a favorable environment for defense companies, combined with the recent positive performance that has seen a 9% increase, positions Leonardo DRS as a compelling opportunity for investors. The overall sentiment in the market suggests optimism regarding the company's prospects, reinforcing its status in the defense sector. As military spending continues to rise, the outlook for Leonardo DRS looks promising, with experts highlighting its potential for future growth.
He bought it recently, because defense spending will increase around the world (ex-USA) Is a long-term holder.
Gordon ReidLast 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)Gordon Reid- «
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Leonardo DRS (DRS) Frequently Asked Questions
What is Leonardo DRS stock symbol?
Leonardo DRS is a American stock, trading under the symbol DRS (previously DRS-Q on Stockchase) on the NASDAQ (DRS). It is usually referred to as NASDAQ:DRS or DRS
Is Leonardo DRS a buy or a sell?
In the last year, 1 stock analyst issued a Buy, Sell, or Hold rating on DRS (previously DRS-Q on Stockchase). 1 analyst recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is PAST TOP PICK. Read the latest stock experts' ratings for Leonardo DRS.
Is Leonardo DRS a good investment or a top pick?
Leonardo DRS was recommended as a Top Pick by Gordon Reid on 2026-05-21. Read the latest stock experts ratings for Leonardo DRS.
Why is Leonardo DRS stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Leonardo DRS.
Is Leonardo DRS worth watching?
Leonardo DRS is covered by Stockchase experts and is worth watching.
What is Leonardo DRS stock price?
On 2026-09-03, Leonardo DRS (DRS) stock closed at a price of $37.02.
Defense contractor and products. Defense budgets around the world are rising. Pressure on NATO to increase military spending.