Leidos Holdings, IncNYSE: LDOS
Industrials · Diversified Support Services
$149.41
+0.13%
Vol: 777K
Research Digest
Friday, May 1, 2026
Leidos wins $869M Army MACRO II AI contract; multiple defense wins drive momentum
Five-year $869M Army MACRO II contract to design/build AI-driven secure systems across land, sea, air, space and cyber domains. Aligns with NorthStar 2030 strategy. Company also recently won $617M IFPC Inc. 2 launcher award (bringing total to $1.2B) and announced definitive merger agreement with Analogic. Quarterly dividend $0.43/share.
Previous Market Intelligence
13 daysApr 30Leidos wins major $869M Army contract and $456M Military OneSource award as analyst raises price target to $220Positive▶
Leidos Holdings secured a $869M U.S. Army contract for secure systems design and an additional $456M Military OneSource contract on April 29, 2026. The company also received a new $617M Army award for IFPC Inc. 2 launchers, bringing total IFPC contracts to nearly $1.2B. Truist raised price target to $220 from $195 (April 20), while Q1 earnings are scheduled for May 5 with consensus EPS estimate of $2.88 and revenue of $4.27B. The company faces headwinds from a planned divestiture merger with Analogic but maintains strong defense-driven contract momentum.
Apr 16Leidos and Altaris formed joint venture combining SES with Analogic, contributing $625 million projected 2026 revenue and 1,500 employees.Positive▶
Leidos completed acquisition of Entrust Solutions for approximately $2.4 billion, adding 3,100+ professionals to broaden engineering and automation services. Simultaneously, Leidos and Altaris formed joint venture combining Leidos Security Enterprise Solutions with Altaris-owned Analogic, bringing complementary detection technologies and manufacturing expertise. Leidos contributed approximately 1,500 employees and $625 million projected 2026 revenue, with deal expected to close in H2 2026. J.P. Morgan reaffirmed Buy rating on April 13. Stock closed at $159.04 (+1.84% from prior session), outpacing S&P 500 0.8% gain. Consensus rating is Buy with 12-month price target of $207.77 representing 31% upside.
Apr 15Leidos completed $2.4B Entrust acquisition and won $454.9M U.S. Air Force Cloud contract.Positive▶
Leidos Holdings completed its $2.4 billion acquisition of Entrust Solutions, adding 3,100+ professionals. The acquisition is expected to generate $650 million in revenue for 2026 with EBITDA margins exceeding 20%. Leidos also secured a $454.9 million contract to modernize the U.S. Air Force Cloud One platform. Q1 2026 earnings will be released on May 5.
Apr 14Leidos completes $2.4B Entrust Solutions acquisition; secures $454.9M Air Force Cloud contract.Positive▶
Leidos completed $2.4 billion Entrust Solutions acquisition enhancing energy infrastructure portfolio with 3,100+ new professionals. Secured $454.9M contract to modernize U.S. Air Force Cloud One platform. Declared $0.43 quarterly dividend. FY2025 revenue grew 3.07% to $17.17 billion with earnings up 15.47%.
Apr 13Leidos completed Entrust Solutions acquisition adding 3,100 professionals and $650M revenue; secured $454.9M Air Force contract.Mixed▶
Leidos completed Entrust Solutions acquisition adding 3,100 professionals and $650M annual revenue with EBITDA margins exceeding 20%. Secured $454.9M contract to modernize U.S. Air Force Cloud One platform. Jefferies adjusted PT to $185 from $215 (Buy). FY 2026 guidance: EPS $12.050-$12.450. Q1 results May 5.
Apr 10Leidos completes $2.4B Entrust acquisition; $454.9M Air Force contractPositive▶
Completed $2.4B ENTRUST acquisition. Secured $454.9M Air Force Cloud One contract. Jefferies lowered PT to $185 with Buy.
Apr 9Leidos closes ENTRUST acquisition, contracts Air Force cloud modernization dealPositive▶
Leidos completed acquisition of ENTRUST Solutions Group for $2.4B, expanding workforce by 3,100 professionals with $650M projected 2026 revenue and 20%+ EBITDA margins. Company secured $454.9M Air Force Cloud One modernization contract. Q1 earnings posted $2.76 EPS beating estimates; FY2026 guidance 12.05-12.45 EPS. Insider sold shares; Jefferies cut target to $185 from $215.
Apr 8Leidos schedules Q1 2026 earnings call for May 5; continues ENTRUST integration with $1.387B notes.Positive▶
Leidos completed $2.4B ENTRUST acquisition and secured $454.9M Air Force Cloud One contract. Issued $1.387B senior notes. Q1 earnings May 5.
Apr 7Leidos Secures Major Air Force Cloud Contract and Expands Through ENTRUST AcquisitionPositive▶
Leidos Holdings completed its acquisition of ENTRUST Solutions Group and secured a $454.9M contract to modernize the U.S. Air Force Cloud One platform. The company reported FY2025 revenue of $17.17B (up 3.07%) with earnings increasing 15.47%. Average analyst rating is "Buy" with 12-month price target of $207.77 (30.82% upside).
Apr 6Leidos completes $2.4B ENTRUST acquisition, expanding from defense to grid modernizationPositive▶
Leidos Holdings finalized its transformative $2.4 billion acquisition of ENTRUST Solutions Group, marking a strategic pivot from defense and intelligence toward energy security. The company reported fiscal 2025 revenues of $17.17B (up 3% YoY) with diluted EPS of $11.14 (up 21% YoY), though Q4 revenues declined 4%. Net bookings were $5.6B and backlog reached $49.0B. Analysts maintain a Buy rating with an average 12-month price target of $207.77, representing 30.82% upside. U.S. Air Force Cloud One modernization and DISA initiatives underway.
Apr 3Leidos completes $2.4B ENTRUST acquisition on March 30, 2026, doubling energy infrastructure reach with 3,100+ new professionals.Positive▶
Leidos closed its approximately $2.4B acquisition of ENTRUST Solutions Group on March 30, 2026, significantly expanding energy infrastructure capabilities. The deal adds over 3,100 professionals and doubles Leidos' energy market presence. Raised $1.387B through senior notes. Analyst consensus Strong Buy with $211.33 target.
Apr 2Leidos closes $2.4 billion ENTRUST acquisition on March 30, doubling energy infrastructure reach.Positive▶
Leidos successfully completed its $2.4 billion acquisition of ENTRUST Solutions Group on March 30, 2026, acquiring 3,100+ professionals in electric grid engineering and natural gas infrastructure. This transformative deal supports modernization of America's power grid as part of the company's NorthStar 2030 strategy and elevates energy as a key growth pillar. The company also raised $1.39 billion via senior notes and modernized IT systems for DISA's CESO. Analysts rate LDOS as 'Strong Buy' with 12-month target of $211.33 (21.55% upside).
Apr 1Leidos completes $2.4B ENTRUST acquisition and raises $1.39B in notes; $454.9M Air Force contract awarded.Positive▶
Leidos completed $2.4 billion ENTRUST acquisition expanding energy infrastructure capabilities. Raised $1.387 billion in unsecured senior notes. Secured $454.9 million Air Force cloud modernization contract. Announced Air Force AGM-190A small cruise missile with 400+ nautical mile range. Analyst consensus Strong Buy with $211.33 PT.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| CTASCINTAS | $169.91 | -2.75% | +1.8% | 32.2x | 1.01 | $69.9B |
| CPRTCOPART | $33.34 | +0.68% | +0.8% | 19.7x | 1.14 | $31.9B |
| LDOSLEIDOS | $149.41 | +0.13% | -6.4% | 11.3x | 0.66 | $18.9B |
| CATCATERPILLAR | $890.93 | +0.09% | +23.4% | 31.8x | 1.52 | $414.2B |
| GEGENERAL | $287.56 | -0.82% | +0.4% | 33.4x | 1.43 | $302.9B |
| GEVGE | $1,064.74 | -1.73% | +20.7% | 44.2x | 1.20 | $291.1B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price below 200d MA — bearish structure.