DRS trades 40.3% below Wall Street's consensus target of $52.50.
Last 12 months price action with 12-month analyst target path
The base valuation assumes DRS achieves its forward estimates and maintains a stable P/E multiple of 27.1x. This scenario reflects the blended consensus of 9 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of September 24, 2026, Leonardo DRS, Inc. (DRS) has a Wall Street consensus price target of $52.50, based on estimates from 9 covering analysts. With the stock currently trading at $37.41, this represents a potential upside of +40.3%. The company has a market capitalization of $9.98B.
Analyst price targets range from a low of $51.00 to a high of $54.00, representing a 6% spread in expectations. The median target of $52.50 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 7 analysts rating the stock as a Buy or Strong Buy,2 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, DRS trades at a trailing P/E of 36.3x and forward P/E of 27.1x. The forward PEG ratio of 2.16 reflects a premium valuation. Analysts expect EPS to grow +15.3% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $53.53, with bear and bull scenarios of $33.72 and $70.53 respectively. Model confidence stands at 51/100, reflecting moderate uncertainty in projections.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 MRCYMercury Systems, Inc. | $5.0B | $82.72 | $115.88 | +40.1% | Buy | 77.0x | 20 |
 KTOSKratos Defense & Security Solutions, Inc. | $8.7B | $46.16 | $98.15 | +112.6% | Buy | 55.5x | 25 |
 HEIHEICO Corporation | $43.3B | $310.57 | $397.00 | +27.8% | Buy | 49.2x | 35 |
 CWCurtiss-Wright Corporation | $20.1B | $545.15 | $791.67 | +45.2% | Buy | 35.6x | 25 |
 ASGNASGN Incorporated | $1.4B | $32.27 | $34.75 | +7.7% | Hold | 8.9x | 13 |
 LHXL3Harris Technologies, Inc. | $44.6B | $239.21 | $340.00 | +42.1% | Buy | 20.0x | 33 |
 NOCNorthrop Grumman Corporation | $73.1B | $514.42 | $621.70 | +20.9% | Buy | 17.8x | 35 |
 RTXRTX Corporation | $259.0B | $192.19 | $238.50 | +24.1% | Buy | 26.5x | 26 |
 BAHBooz Allen Hamilton Holding Corporation | $9.1B | $75.65 | $89.00 | +17.6% | Buy | 12.5x | 22 |
 LDOSLeidos Holdings, Inc. | $15.7B | $124.69 | $152.75 | +22.5% | Buy | 10.5x | 28 |
Quick answers to the most common questions about buying DRS stock.
The consensus Wall Street price target for DRS is $52.5, representing 40.3% upside from the current price of $37.41. With 9 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
DRS has a consensus rating of "Buy" based on 9 Wall Street analysts. The rating breakdown is predominantly bullish, with 7 Buy/Strong Buy ratings. The consensus 12-month price target of $52.5 implies 40.3% upside from current levels.
DRS trades at a forward P/E of 27.1028x, representing a moderate valuation. With analysts targeting $52.5 (40.3% implied move), the stock appears reasonably valued with upside.
The most bullish Wall Street analyst has a price target of $54 for DRS, while the most conservative target is $51. The consensus of $52.5 represents the median expectation. Our quantitative valuation model projects a bull case target of $71 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
DRS is moderately covered, with 9 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 7 have Buy ratings, 2 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month DRS stock forecast based on 9 Wall Street analysts shows a consensus price target of $52.5, with estimates ranging from $51 (bear case) to $54 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $54, with bear/bull scenarios of $34/$71.
Our quantitative valuation model calculates DRS's fair value at $54 (base case), with a bear case of $34 and bull case of $71. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 51/100.
DRS trades at a forward P/E ratio of 27.1x based on next-twelve-months earnings estimates compared to a trailing P/E of 36.3x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are very optimistic on DRS, with a "Buy" consensus rating and $52.5 price target (40.3% upside). 7 of 9 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
DRS analyst price targets range from $51 to $54, a 6% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $52.5 consensus represents the middle ground. Our model's $34-$71 range provides an independent fundamental perspective.
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