Leonardo DRS Inc (DRS)
NASDAQIndustrialsAerospace & DefenseSnapshot 2026-11-04
$33.00-7.09%
Close 2026-11-05 · 1-day change
NASDAQIndustrialsAerospace & DefenseSnapshot 2026-11-04
QuarterlyIQ Insights · DRS
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -2.5% |
| Our one-year growth estimate | diamond | 9.3% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 11.8 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 22 industry peers · Company calendar date is not available
DRS — CEO transition
Dated 2026-03-10
Director — David W. Carey: David W. Carey retired from the Board, and Reuben Jeffery III was appointed as a new director.
Why it matters: The $450 million Raft deal would add AI and mission software. DRS says it expects the deal to close in Q4 2026.
Watch forDRS announces that the Raft deal closed by December 31, 2026.
Also watch forDRS reports that approvals failed, closing conditions were not met, or the deal did not close by year-end.
Why it matters: Q3 operating and free cash flow fell from a year ago as working capital used more cash. A recovery would ease that concern.
Watch forIn the next reported quarter, operating and free cash flow both exceed their year-earlier levels.
Also watch forIn the next reported quarter, operating or free cash flow stays below its level from a year earlier.
Why it matters: DRS raised its profit range after strong results. Reaching the low end would show that higher sales and margins carried through the year.
Supportive ifDRS reports 2026 adjusted EBITDA of at least $545 million.
Worry ifDRS reports adjusted EBITDA below $545 million or lowers its 2026 range.
Why it matters: DRS raised its 2026 revenue range to $3.95 billion–$3.985 billion. Meeting the low end would support its growth trend.
Supportive ifDRS reports 2026 revenue of at least $3.95 billion.
Worry ifDRS reports 2026 revenue below $3.95 billion or cuts its revenue range.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$114 on $10,000 · ±1.1% | How much price usually moves either way. |
| Bad day | $371 loss on $10,000 · 3.7% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $3,170 loss on $10,000 · 31.7% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.