Leidos (NYSE:LDOS) Given New $175.00 Price Target at BNP Paribas Exane

Leidos (NYSE:LDOS) had its price target boosted by analysts at BNP Paribas Exane from $165.00 to $175.00 in a research report issued on Wednesday,Benzinga reports. The firm currently has an “outperform” rating on the aerospace company’s stock. BNP Paribas Exane’s price objective would indicate a potential upside of 36.25% from the stock’s previous close.

LDOS has been the topic of several other reports. TD Cowen decreased their price objective on shares of Leidos from $160.00 to $115.00 and set a “hold” rating on the stock in a research report on Tuesday, July 7th. Truist Financial dropped their target price on shares of Leidos from $195.00 to $160.00 and set a “buy” rating for the company in a report on Friday, July 10th. Wells Fargo & Company set a $125.00 price target on Leidos in a research report on Wednesday, June 17th. Citigroup cut their price objective on Leidos from $178.00 to $138.00 and set a “buy” rating on the stock in a research report on Wednesday, July 1st. Finally, Stifel Nicolaus decreased their target price on Leidos from $205.00 to $193.00 and set a “hold” rating for the company in a report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $160.80.

Leidos Price Performance

Shares of LDOS traded down $2.16 during midday trading on Wednesday, hitting $128.44. 598,724 shares of the company traded hands, compared to its average volume of 1,311,057. Leidos has a one year low of $98.86 and a one year high of $205.77. The firm has a market cap of $16.16 billion, a P/E ratio of 11.75, a PEG ratio of 1.74 and a beta of 0.52. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.40 and a quick ratio of 1.29. The stock has a 50-day moving average of $113.27 and a 200-day moving average of $145.47.

Leidos (NYSE:LDOS) last issued its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $3.26 EPS for the quarter, beating the consensus estimate of $2.91 by $0.35. The company had revenue of $4.56 billion during the quarter, compared to analysts’ expectations of $4.44 billion. Leidos had a net margin of 8.15% and a return on equity of 31.92%. Leidos’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.21 earnings per share. Leidos has set its FY 2026 guidance at 12.200-12.500 EPS. As a group, sell-side analysts predict that Leidos will post 12.3 EPS for the current fiscal year.

Leidos declared that its Board of Directors has authorized a stock buyback plan on Friday, July 31st that allows the company to repurchase 20,000,000 shares. This repurchase authorization allows the aerospace company to reacquire shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

Insider Activity at Leidos

In other news, Director Gary Stephen May sold 1,484 shares of the firm’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $132.75, for a total value of $197,001.00. Following the completion of the transaction, the director owned 10,137 shares in the company, valued at $1,345,686.75. This trade represents a 12.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.77% of the company’s stock.

Institutional Trading of Leidos

Hedge funds and other institutional investors have recently bought and sold shares of the company. Richardson Financial Services Inc. raised its holdings in shares of Leidos by 13.4% during the fourth quarter. Richardson Financial Services Inc. now owns 517 shares of the aerospace company’s stock worth $93,000 after acquiring an additional 61 shares in the last quarter. Bryn Mawr Trust Advisors LLC grew its stake in shares of Leidos by 4.8% in the 4th quarter. Bryn Mawr Trust Advisors LLC now owns 1,337 shares of the aerospace company’s stock valued at $241,000 after purchasing an additional 61 shares during the period. Ritholtz Wealth Management raised its holdings in shares of Leidos by 0.3% in the 4th quarter. Ritholtz Wealth Management now owns 23,513 shares of the aerospace company’s stock worth $4,242,000 after buying an additional 62 shares in the last quarter. Cullen Frost Bankers Inc. boosted its stake in Leidos by 19.4% in the 4th quarter. Cullen Frost Bankers Inc. now owns 381 shares of the aerospace company’s stock valued at $69,000 after buying an additional 62 shares in the last quarter. Finally, Keybank National Association OH grew its position in Leidos by 3.6% in the fourth quarter. Keybank National Association OH now owns 1,855 shares of the aerospace company’s stock valued at $335,000 after acquiring an additional 65 shares during the period. 76.12% of the stock is owned by institutional investors.

More Leidos News

Here are the key news stories impacting Leidos this week:

• Positive Sentiment: Leidos reported quarterly revenue of $4.56 billion, up 7.2% year over year and above the $4.44 billion consensus estimate. Non-GAAP diluted EPS was $3.26, exceeding expectations of approximately $2.91 and rising from $3.21 a year earlier. Leidos Delivers Strong Second Quarter and Enhances Full-Year Guidance
• Positive Sentiment: Management raised the 2026 outlook, including revenue guidance of $18.2 billion to $18.4 billion and adjusted EPS guidance of $12.20 to $12.50. Expected operating cash flow was also increased to roughly $1.85 billion, while planned capital expenditures remain about $250 million. Leidos anticipates higher 2026 free cash flow
• Positive Sentiment: Cash generation was a major bullish factor: operating cash flow reached $793 million and non-GAAP free cash flow was $761 million. Quarterly bookings totaled $4.9 billion, producing a 1.1 book-to-bill ratio, while backlog reached $48.7 billion, including $10.2 billion funded.
• Positive Sentiment: Defense, homeland security and intelligence businesses continued to grow, supported by demand for defense technology, energy infrastructure, air-traffic-management solutions and intelligence mission support. LDOS Q2 Earnings Call Highlights Defense Growth Amid Health Reset
• Negative Sentiment: GAAP net income declined to $356 million from $393 million a year earlier, and net margin fell to 7.8% from 9.2%, partly because of acquisition and joint-venture costs. Management also highlighted continued pressure and a reset in the Health segment, tempering the otherwise strong defense outlook. Acquisition and Joint Venture Costs Send Net Income Down

About Leidos

Leidos is an American technology and engineering company that provides services and solutions to government and commercial customers, with a strong focus on national security, defense, intelligence, and civil government markets. The company delivers systems integration, engineering, cybersecurity, software development, data analytics, cloud migration and managed IT services, as well as mission support for complex programs. Leidos’ work spans areas such as C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance), secure communications, sensors and systems engineering, and health IT solutions for public-sector healthcare programs.

Leidos traces its corporate roots to Science Applications International Corporation (SAIC) and emerged as an independent, publicly traded company following a corporate separation in 2013.