DRS trades 15.7% below Wall Street's consensus target of $53.33.
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 35.7x. 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 June 21, 2026, Leonardo DRS, Inc. (DRS) has a Wall Street consensus price target of $53.33, based on estimates from 9 covering analysts. With the stock currently trading at $46.08, this represents a potential upside of +15.7%. The company has a market capitalization of $12.29B.
Analyst price targets range from a low of $47.00 to a high of $59.00, representing a 23% spread in expectations. The median target of $54.00 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 44.7x and forward P/E of 35.7x. The forward PEG ratio of 2.84 reflects a premium valuation. Analysts expect EPS to grow +19.6% 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. | $6.8B | $113.91 | $98.60 | -13.4% | Buy | 105.9x | 19 |
KTOSKratos Defense & Security Solutions, Inc. | $10.2B | $54.21 | $110.00 | +102.9% | Buy | 70.9x | 24 |
HEIHEICO Corporation | $47.0B | $337.10 | $378.44 | +12.3% | Buy | 55.6x | 35 |
CWCurtiss-Wright Corporation | $28.5B | $771.93 | $741.00 | -4.0% | Buy | 50.7x | 25 |
ASGNASGN Incorporated | $895M | $20.96 | $37.60 | +79.4% | Hold | 5.8x | 13 |
LHXL3Harris Technologies, Inc. | $55.1B | $294.82 | $347.33 | +17.8% | Buy | 25.4x | 32 |
NOCNorthrop Grumman Corporation | $74.1B | $521.50 | $733.92 | +40.7% | Buy | 18.7x | 35 |
RTXRTX Corporation | $249.9B | $185.60 | $224.33 | +20.9% | Buy | 26.7x | 26 |
BAHBooz Allen Hamilton Holding Corporation | $7.9B | $66.36 | $89.50 | +34.9% | Buy | 10.9x | 21 |
LDOSLeidos Holdings, Inc. | $13.5B | $107.07 | $178.43 | +66.6% | Buy | 9.0x | 27 |
Quick answers to the most common questions about buying DRS stock.
Leonardo DRS, Inc. (DRS) has a consensus 12-month price target of $53.33, implying 15.7% upside from $46.08. The 9 analysts covering DRS see moderate appreciation potential.
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 $53.33 implies 15.7% upside from current levels.
At a forward P/E of 35.7154x, DRS trades at a premium valuation. The consensus price target of $53.33 (15.7% upside) suggests analysts still see growth justifying the multiple.
The most bullish Wall Street analyst has a price target of $59 for DRS, while the most conservative target is $47. The consensus of $53.33 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 $53.33, with estimates ranging from $47 (bear case) to $59 (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 35.7x based on next-twelve-months earnings estimates compared to a trailing P/E of 44.7x. 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 optimistic on DRS, with a "Buy" consensus rating and $53.33 price target (15.7% 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 $47 to $59, a 23% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $53.33 consensus represents the middle ground. Our model's $34-$71 range provides an independent fundamental perspective.
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