
NASDAQ:DRS
This summary was created by AI, based on 1 opinions in the last 12 months.
Leonardo DRS, a defense contractor with the stock symbol DRS-Q, has recently seen positive reviews, marking it as a top pick as of May 13, 2025, with a noteworthy increase of 9%. The surge in defense budgets across various nations is driving demand for defense-related products and services, making companies in this sector attractive to investors. Furthermore, increasing pressure on NATO member countries to augment their military spending highlights the importance of companies like Leonardo DRS in the current geopolitical landscape. The ongoing emphasis on defense capabilities points to a favorable outlook for Leonardo DRS, making it a compelling choice for those looking to invest in the defense industry.
Last 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 (previously DRS-Q on Stockchase) on the NASDAQ (DRS). It is usually referred to as NASDAQ:DRS or DRS
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.
Leonardo DRS was recommended as a Top Pick by Gordon Reid on 2026-05-21. 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 Leonardo DRS.
Leonardo DRS is covered by Stockchase experts and is worth watching.
On 2026-08-13, Leonardo DRS (DRS) stock closed at a price of $44.72.
Defense contractor and products. Defense budgets around the world are rising. Pressure on NATO to increase military spending.