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LDOS

Leidos

NYSEIndustrialsInformation Technology ServicesSnapshot 2026-05-08

$130.11-0.88%
Close 2026-05-08 · 1-day change
The bottom line

As of May 8, 2026, LDOS has a composite score of 34.0 and a signal label of "favorable." This score is influenced by a medium confidence level of 75.5 and reflects strengths in valuation (90.8) and management (53.9), while the sector score is low at 16.7. The analysis is provisional, indicating that the current assessments may change.

Composite +34as of 2026-05-08

Price

Daily closes from AlphaVantage. Earnings/event dots are placed inline.

Close 2026-05-08
Daily closes. Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event

Factor signals

Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.

L1

Thesis

is this a strong company over a 1–3 year hold?
F1 · Recent financial performance
neutral
Mid-cohort
Why this rank
  • Direction share
    1.00
  • Slope (norm)
    -0.04
  • Bonus
    0.00
Operating income, last 4 quarters ($M)
530571535473
F2 · Value
cheap
Cheapest 10% of industrials cohort
Why this rank
Price
$130.11
TTM EPS
$11.28
Earnings yield
8.7%
P/E (TTM)
11.5

Trailing four: 2024-Q3, 2025-Q1, 2025-Q2, 2025-Q3

F3 · Earnings quality
neutral
Mid-cohort cash conversion
Why this rank
TTM NI ($M)
1,448
TTM CFO ($M)
1,750
CFO/NI
1.21
L2

Watch

has something changed worth re-reading?
F4 · Management stability
volatile
Bottom 20% activity in industrials cohort· see deep-dive ↓
capital friendlyTop 10% capital-friendly in industrials cohort
Earnings setup · pre-print positioning
forward-looking
bullish strong13 analysts, 50% Buyfor period ending 2026-06-30
Why this setup
Consensus revisions

EPS estimate $2.96 → $2.93 (-0.8% / 30d). 4 raised, 1 cut, 13 covering analysts.

Rating actions

0 upgrades, 0 downgrades / 30d, 5 maintained. 50% of analysts rate Buy.

Material events

1 positive, 0 negative / 30d. See F4 management tile for the event list.

F4 · Management deep-dive — recent events, stated priorities, guidance track record
2

Stated priorities

3 priorityies extracted from earnings transcripts (as of 2026-05-08).

  1. 1.Form strategic joint venturegrowthbehind14% progress
    4/15: Leidos entered into a Contribution and Equity Purchase Agreement with Altaris to form a joint venture.
    Why this status

    Newly stated in 2026-Q2. Leidos has entered into a strategic partnership with Altaris to form a joint venture, contributing approximately 1,500 employees and projecting $625 million in 2026 revenue. This indicates initial progress towards the joint venture formation.

  2. 2.Achieve double-digit revenue growthgrowthbehind14% progressprovisional
    1/26: Leidos expects strong visibility into double-digit revenue growth at low 20% margin.
    Why this status

    Newly stated in 2026-Q1. Revenue grew from $3.141B in 2024-Q4 to $4.207B in 2025-Q4, indicating progress towards double-digit growth. However, the priority remains behind as per prior priorities status.

  3. 3.Increase cash flow from operationscostbehind14% progress
    5/5: Leidos is raising its fiscal year 2026 guidance for cash flows provided by operating activities to approximately $1.80 billion.
    Why this status

    Newly stated in 2026-Q2. Cash from operations was -$107M in 2025-Q4, indicating a need for improvement. Leidos has raised its 2026 guidance to approximately $1.80 billion, suggesting a focus on reversing the negative cash flow trend.

3

Guidance track record

Insufficient guidance history for this ticker.

L3

Position context

how violent might the path be while I hold it?
Risk profile · realized
backward-looking
moderateworst 12m loss −34%, typical day ±1.1%
Why this risk level

Recent vol — 30d annualized 33%; 252d 30%.

Drawdown — Max 1y −34%. Bad day move −3%.

Beta to sector ETF (XLI) 0.49 over 1y.

Liquidity — score 100/100.

Sub-scores — vol 50/100, drawdown 31/100, beta 49/100, earnings vol .

Calm + bullish setup — clean pre-earnings positioning pattern.

Sector regime
headwind-7.8%sector vs S&P 500, 60d

via XLI

Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.

AI cycle regime · market-wide
2-axis classifier
HeatingManiaSquallCrisisEarnings →Mood ↑
HeatingE +0.13 · M +0.71
Single-axisCHASEz +2.97+1.285d

Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.

Not investment advice. As of 2026-05-08.

3

What changed

The most important moves since the prior daily snapshot.

  1. No material changes since the prior snapshot.

No material changes since the prior snapshot.

as of 2026-05-08

4

Management scorecard

How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.

Composite53.9 / 100
Capital allocation60
Earnings discipline62
Margin discipline19
Balance sheet65
Guidance credibility
Post-call reaction47
as of 2026-05-08
4

What management is focused on

Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.

  • #1

    Form strategic joint venture

    GrowthNew since 2026-05-04

    Leidos aims to form a strategic joint venture to enhance growth and market presence.

    Behind

    Newly stated in 2026-Q2. Leidos has entered into a strategic partnership with Altaris to form a joint venture, contributing approximately 1,500 employees and projecting $625 million in 2026 revenue. This indicates initial progress towards the joint venture formation.

    14%
    CEO/CFO:Leidos entered into a Contribution and Equity Purchase Agreement with Altaris to form a joint venture.
    Multiple sourcesSource dated 2026-04-15Stated 1 of last 8 quartersFirst seen 2026-05-04
    Show history (1)
    • 2026-Q2Multiple sources

      Leidos entered into a Contribution and Equity Purchase Agreement with Altaris.

  • #2

    Achieve double-digit revenue growth

    GrowthNew since 2026-05-04

    Leidos is focused on achieving double-digit revenue growth with strong visibility.

    Behind

    Newly stated in 2026-Q1. Revenue grew from $3.141B in 2024-Q4 to $4.207B in 2025-Q4, indicating progress towards double-digit growth. However, the priority remains behind as per prior priorities status.

    Revenue grew from $3.141B in 2024-Q4 to $4.207B in 2025-Q4
    14%
    CEO/CFO:Leidos expects strong visibility into double-digit revenue growth at low 20% margin.
    Multiple sourcesSource dated 2026-01-26Stated 1 of last 8 quartersFirst seen 2026-05-04provisional
    Show history (1)
    • 2026-Q1Multiple sources

      Strong visibility into double-digit revenue growth at low 20% margin.

  • #3

    Increase cash flow from operations

    CostNew since 2026-05-04

    Leidos is committed to increasing cash flow from operations to improve financial stability.

    Behind

    Newly stated in 2026-Q2. Cash from operations was -$107M in 2025-Q4, indicating a need for improvement. Leidos has raised its 2026 guidance to approximately $1.80 billion, suggesting a focus on reversing the negative cash flow trend.

    14%
    CEO/CFO:Leidos is raising its fiscal year 2026 guidance for cash flows provided by operating activities to approximately $1.80 billion.
    Multiple sourcesSource dated 2026-05-05Stated 1 of last 8 quartersFirst seen 2026-05-04
    Show history (1)
    • 2026-Q2Multiple sources

      Leidos is raising its fiscal year 2026 guidance for cash flows provided by operating activities to approximately $1.80 billion.

as of 2026-05-08
5

How this stock is priced

Two ways to read price: against peers in the same business, and against the company's own history.

Compared to peers
98higher = cheaper

Looks cheaper than most peers in the same business.

Compared to its own history
97higher = cheaper

Cheaper than its own typical valuation.

P/E
10.8x
EV/EBITDA
8.2x
FCF yield
10.9%

P/E over the last 5 years

71 monthly points
inexpensiveas of 2026-05-08
7

How this compares

A side-by-side read on composite, valuation, and risk versus peers.

StockCompositeValuationRisk
LDOS
Leidos
+34inexpensivemoderate
CAT
Caterpillar Inc.
+13expensivemoderate
GE
GE Aerospace
+11expensivemoderate
GEV
GE Vernova
+10fullmoderate
RTX
RTX Corporation
+20fairmoderate
8

Risk — how this stock moves

What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.

A typical day
How much price usually moves either way.
1.1%
A bad day (95th %ile)
A rough but not unusual down day.
-2.7%
Worst 12-month loss
Deepest peak-to-trough drop in the last year.
-34.5%
Earnings-day move
How much price usually moves on earnings day.
moderateas of 2026-05-08
9

What could change this view

Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.

Upside triggers
  • If industrials sector trend rises from +0.05 into 'improving' (>= +0.20)+5.0 pts
Downside triggers
  • If next-quarter guidance is cut (currently RAISED as of 2026-05-05)-16 pts
  • If industrials sector trend falls from +0.05 into 'weakening' (<= -0.20)-5.0 pts
  • If growth state reverses from +0.25 (positive) to -0.25 (negative)-4.0 pts
  • If labor state reverses from -0.31 (negative) to +0.31 (positive)-3.7 pts
10

Material updates

Recent SEC 8-K filings ranked by likely impact, confidence, and recency.

  1. 2026-05-044d agoItem 2.02

    Results of Operations and Financial Condition. On May 5, 2026, Leidos Holdings, Inc. (the "Company") issued a press release announcing its financial results for the first fiscal quarter ended April 3, 2026. A copy of the press release is furnished as Exhibit 99.1 to this report. The Company’s management will discuss operations and financial results in an earnings conference call beginning at 8:00 a.m. eastern on May 5, 2026. A live audio broadcast of the conference call along with a supplemen…

    earnings preannouncementneutralscore 60
  2. 2026-05-062d agoItem 5.02

    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On May 1, 2026, at the Annual Meeting of Stockholders (the "Annual Meeting") of Leidos Holdings, Inc. (the "Company"), the Company's stockholders approved (i) the Company's 2026 Omnibus Incentive Plan (the "2026 Plan") and (ii) the Company's 2026 Employee Stock Purchase Plan (the "2026 ESPP"). The Company's Board of Directors (the "Board") previous…

    executive changeneutralscore 54
  3. 2026-04-1523d agoItem 1.01

    Entry Into a Material Definitive Agreement. On April 14, 2026, Leidos, Inc. (“ Leidos Inc. ”), a Delaware corporation and a wholly-owned subsidiary of Leidos Holdings, Inc. (“ Leidos ”), entered into a Contribution and Equity Purchase Agreement (the “ Contribution Agreement ”), together with Leidos solely for certain limited purposes set forth therein, with certain affiliates of Altaris, LLC, a Delaware limited liability company (“ Altaris ,” and such affiliates, the “ AHP Entities ”), to for…

    mna activitypositivescore 44
  4. 2026-03-301mo agoItem 2.01

    Completion of Acquisition or Disposition of Assets. On March 27, 2026, Leidos, Inc. (the “ Purchaser ”), a Delaware corporation and wholly-owned subsidiary of Leidos Holdings, Inc. (the “ Company ”), completed its acquisition of KENE Parent, Inc., a Delaware corporation (“ Entrust ”), pursuant to the terms of the previously announced Stock Purchase Agreement dated January 23, 2026 (the “ Purchase Agreement ”) by and among the Purchaser, KENE Holdings, L.P., a Delaware limited partnership (the…

    mna activitypositivescore 28
  5. 2026-03-301mo agoItem 1.01

    of the Previous Form 8-K is incorporated into this

    mna activitypositivescore 26
11

Score history

The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.

60 snapshots
Data freshness · As of 2026-05-08 · Macro 2026-05-08 · Sector 2026-05-07 · Fundamentals 2026-02-17 · Price 2026-05-07 · Generated 2026-05-08 · Spec 2.3

Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.