Leidos (NYSE:LDOS) Issues FY 2026 Earnings Guidance

Leidos (NYSE:LDOS) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 12.050-12.450 for the period, compared to the consensus estimate of 11.790. The company issued revenue guidance of $17.5 billion-$17.9 billion, compared to the consensus revenue estimate of $17.2 billion.

Leidos Stock Performance

Shares of NYSE:LDOS opened at $175.90 on Tuesday. The firm has a 50 day moving average of $187.97 and a 200 day moving average of $186.66. The company has a quick ratio of 1.50, a current ratio of 1.62 and a debt-to-equity ratio of 0.94. The company has a market capitalization of $22.49 billion, a price-to-earnings ratio of 16.41, a price-to-earnings-growth ratio of 1.23 and a beta of 0.59. Leidos has a 52 week low of $123.62 and a 52 week high of $205.77.

Leidos (NYSE:LDOS) last announced its earnings results on Tuesday, February 17th. The aerospace company reported $2.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.54 by $0.22. The business had revenue of $4.21 billion for the quarter, compared to analysts’ expectations of $4.31 billion. Leidos had a return on equity of 33.02% and a net margin of 8.11%.The business’s revenue for the quarter was down 3.6% on a year-over-year basis. During the same quarter last year, the firm earned $2.37 EPS. Leidos has set its FY 2026 guidance at 12.050-12.450 EPS. On average, sell-side analysts predict that Leidos will post 10.62 earnings per share for the current fiscal year.

Leidos Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be issued a $0.43 dividend. The ex-dividend date is Monday, March 16th. This represents a $1.72 dividend on an annualized basis and a yield of 1.0%. Leidos’s payout ratio is currently 16.04%.

Analyst Ratings Changes

LDOS has been the topic of a number of recent analyst reports. Bank of America raised their price target on shares of Leidos from $200.00 to $235.00 and gave the company a “buy” rating in a report on Friday, November 7th. Stifel Nicolaus reissued a “hold” rating and set a $220.00 target price on shares of Leidos in a research report on Wednesday, January 7th. UBS Group set a $204.00 price target on shares of Leidos in a report on Thursday, January 15th. Citigroup increased their price objective on Leidos from $218.00 to $232.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. Finally, Zacks Research cut Leidos from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 23rd. Nine analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $213.09.

Insider Activity

In related news, insider Elizabeth A. Porter sold 3,000 shares of the firm’s stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $192.21, for a total value of $576,630.00. Following the completion of the transaction, the insider owned 38,575 shares in the company, valued at $7,414,500.75. This trade represents a 7.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.69% of the stock is currently owned by insiders.

Leidos News Roundup

Here are the key news stories impacting Leidos this week:

• Positive Sentiment: Q4 and FY‑2025 earnings/outlook: Leidos reported solid full‑year results (FY‑2025 revenue up ~3% to $17.17B, strong cash flow and double‑digit EPS growth) and highlighted growth in priority markets — supporting margins and profitability. Leidos Posts Strong Fourth Quarter and Fiscal Year 2025 Results
• Positive Sentiment: EPS beat: Leidos’ non‑GAAP Q4 EPS topped consensus (reported $2.76 vs. $2.54 consensus), and full‑year non‑GAAP EPS rose materially — a near‑term positive for valuation metrics. View Press Release / Quarter Report
• Positive Sentiment: Dividend declared: Leidos declared a quarterly dividend of $0.43/sh (record March 16), which supports income investors and offsets some earnings volatility. Leidos Reports Strong 2025 Results and Dividend Declaration
• Neutral Sentiment: Analyst positioning: Several Wall Street forecasters revised expectations ahead of the print, creating mixed analyst reaction and differing guidance frames to watch in coming days. Top Wall Street Forecasters Revamp Leidos Expectations Ahead Of Q4 Earnings
• Negative Sentiment: Revenue miss and seasonal pressure: Q4 revenue came in at $4.21B vs. ~$4.31B expected (down ~4% YoY), prompting an earlier down‑tick in the stock as top‑line weakness offsets the EPS beat. Leidos beats on earnings but misses revenue expectations, shares fall
• Negative Sentiment: Sales expectations missed: Multiple outlets flagged the Q4 sales miss vs. consensus, which could pressure near‑term revenue guidance and investor sentiment until bookings convert to revenue. Leidos (NYSE:LDOS) misses Q4 CY2025 sales expectations

Institutional Investors Weigh In On Leidos

Several hedge funds have recently added to or reduced their stakes in LDOS. State Street Corp lifted its stake in shares of Leidos by 3.7% in the 4th quarter. State Street Corp now owns 6,022,359 shares of the aerospace company’s stock valued at $1,086,434,000 after purchasing an additional 217,141 shares during the period. AQR Capital Management LLC increased its holdings in Leidos by 8.2% in the third quarter. AQR Capital Management LLC now owns 1,551,547 shares of the aerospace company’s stock valued at $290,403,000 after buying an additional 117,835 shares in the last quarter. Alliancebernstein L.P. raised its position in shares of Leidos by 64.4% in the second quarter. Alliancebernstein L.P. now owns 1,529,261 shares of the aerospace company’s stock worth $241,256,000 after acquiring an additional 598,974 shares during the period. Bank of America Corp DE raised its position in shares of Leidos by 9.3% in the third quarter. Bank of America Corp DE now owns 1,094,811 shares of the aerospace company’s stock worth $206,875,000 after acquiring an additional 93,553 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Leidos by 1.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 843,263 shares of the aerospace company’s stock worth $152,125,000 after acquiring an additional 13,030 shares in the last quarter. 76.12% of the stock is owned by hedge funds and other institutional investors.

Leidos Company Profile

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.