Leonardo DRS Inc (DRS)
NASDAQIndustrialsAerospace & DefenseSnapshot 2026-11-04
$35.52-8.59%
Close 2026-11-04 · 1-day change
NASDAQIndustrialsAerospace & DefenseSnapshot 2026-11-04
Research Workspace
Put DRS beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Aerospace & Defense is in expansion. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Primary pillar under pressure — Improve cash from operating activities toward positive: Cash from operations: $96M.
View ThesisRevenue growth is slowing — up about 9% over the past year and decelerating.
View GrowthMiddle-of-the-pack quality for its industry.
View QualityManagement screens strong on earnings delivery, margins.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationModerate volatility — typically moves about 1% a day.
View RiskDRS needs its defense contracts to keep compounding to justify the price. Revenue grew 11% year over year in the latest quarter. The company beat earnings estimates by 27.8% in Q3 2026. It trades at 26 times earnings versus a 29 times peer median. The price reflects less growth than we forecast. Cash from operations is only $96M, which is under pressure. Peer multiples imply a price about 6% below where it trades. The thesis is on watch, and this read is provisional.
Trailing returns as of 2026-11-04. DRS is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 12 analysts currently covering DRS (as of Nov 2026).
Based on 3 Wall Street analysts offering 12-month price targets for DRS in the last 4 months.
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Compare DRS with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| DRS Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 13 valuation methods, at three horizons. As of 2026-11-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Aerospace & Defense — fair value, gap to price, and forward P/E.
Our valuation methods disagree too much on this name right now. Rather than print a number we don't believe, we're holding it back until they converge.
Compare the value case
Put DRS next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Increase 2026 revenue and profitability guidance
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-11-04. EPS is implied from price ÷ P/E. Not investment advice.
Current $35.52
The last 12 months of price, then the range of analyst 12-month targets from today’s $35.52.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Top 10% on quality vs scored peers
A second lens on the 12-month fair value: for companies that score high on measured quality (profitability, balance-sheet safety, earnings stability), this read trusts more of today's profit margins instead of averaging them toward their multi-year history the way the headline number does. Shown alongside the fair value above, not in place of it. A diagnostic, not a price target or a buy/sell signal.
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Profit surge and raised guidance directly validate growth thesis.
Advances: Increase 2026 revenue and earnings guidance
Winning contracts boosts revenue and earnings guidance.
Advances: Acquire Raft to expand AI and mission software capabilities
Strong execution supports AI and mission software growth objective.
Advances: Increase 2026 revenue and earnings guidance
Record backlog supports increased revenue and earnings guidance.
Advances: Acquire Raft to expand AI and mission software capabilities
Raft acquisition directly supports AI and software capabilities.
Advances: Increase 2026 revenue and earnings guidance
Earnings call confirms revenue and earnings guidance.
Advances: Increase revenue guidance for 2026
Increased EPS guidance supports revenue growth expectations.
Advances: Increase revenue guidance for 2026
E-Drive and Golden Dome Initiative boosts revenue potential.