The stock is currently trading at $34.46, showing a decline of -1.15% in the regular market session with a minor uptick of +0.03% in post-market trading. The stock has formed a bearish candlestick pattern with today's trading range between $33.995 and $34.725.

Recent Developments Leonardo DRS has secured significant contracts and demonstrated strong business momentum:

Recently awarded a $99+ million contract from U.S. Army for next-generation Mortar Fire Control Systems
Disclosed $280,000 in lobbying efforts for Q4 2024, focusing on Department of Defense's FY2025 authorization

Institutional Activity Recent institutional investor activity shows mixed sentiment:

117 institutions have added to their positions
69 institutions have reduced their holdings
Insider trading shows 7 sales and 0 purchases in the past 6 months

Analyst Opinion

The most recent analyst action comes from Truist Securities, maintaining a Strong Buy rating with a price target increase from $36 to $37, suggesting an upside potential of 52%.

Technical Support/Resistance Levels Based on Fibonacci analysis:

Immediate resistance: $36.01
Key resistance: $36.70
Strong resistance: $37.84
Immediate support: $33.74
Key support: $33.04
Strong support: $31.91

Based on the positive contract momentum, strong analyst rating, and technical support levels, selling DRS at current levels is not recommended. The stock appears to be consolidating near support levels with multiple positive catalysts ahead.

What is price prediction 2025 for DRS Stock?

Based on the provided data and recent market activity, here is the price prediction for DRS stock in 2025:

Leonardo DRS (DRS) is expected to reach $37-38 by end of 2025, driven by strong defense contract momentum including the recent $99 million U.S. Army contract for next-generation Mortar Fire Control Systems. The stock's technical indicators show moderate bullish signals with RSI at 47.75 and positive MACD of 0.15, suggesting potential upward movement from current $34.46 level. Recent institutional activity with 117 investors adding positions versus 69 reducing indicates growing confidence in the company's defense technology capabilities and contract pipeline.

What is surpport and resistant level for DRS Stock?

The S1 support level for DRS Stock is $33.74 ,The R1 resistant level for DRS Stock is $36.01.

What is the current price of DRS Stock?

As of the end of day on 2025-02-11, the price of DRS Stock was $34.46.

What is the target price of DRS Stock?

The target price for DRS Stock according to analyst rating is 38.50, with the highest price target at 40.00 and the lowest at 37.00. Analysts have a Moderate Buy rating on DRS Stock overall.

What is the market cap of Leonardo DRS Inc?

The market cap of DRS is $9.1B.

Is Leonardo DRS Inc (DRS) overvalued?

Based on the provided data, here is a concise analysis of DRS's valuation:

Valuation Analysis: Leonardo DRS (DRS) shows elevated valuation metrics with a PE ratio of 37.89, significantly above industry averages. The EV/EBITDA of 20.4 and PS ratio of 2.36 in Q3 2024 indicate premium pricing.

Recent Developments: The company recently secured a significant $99 million U.S. Army contract for next-generation Mortar Fire Control Systems in January 2025. Additionally, DRS disclosed $280,000 in lobbying efforts for Q4 2024 focused on Department of Defense appropriations.

Analyst Sentiment: Recent analyst actions show mixed views - Truist Securities maintains a Strong Buy with a $37 target (January 2025), while JP Morgan holds a more conservative Hold rating with a $32 target. Baird remains optimistic with a $40 target based on strong Q3 2024 results.

Conclusion: Based on elevated valuation metrics, insider selling activity (7 sales, 0 purchases in past 6 months), and mixed analyst sentiment, DRS appears overvalued at current levels despite positive business momentum from recent contract wins.

What is Leonardo DRS Inc (DRS)'s business?

Leonardo DRS, Inc. is a provider of advanced defense technology to United States national security customers and allies around the world. It specializes in the design, development and manufacture of advanced sensing, network computing, force protection, and electric power and propulsion, and mission-critical technologies. It is a provider of defense products and technologies that are used across land, air, sea, space, and cyber domains. Its segments include Advanced Sensing and Computing (ASC) and Integrated Mission Systems (IMS). The ASC segment designs, develops, and manufactures sensing and network computing technology that enables real-time situational awareness required for operational decision making and execution by its customers. The IMS segment designs, develops, manufactures, and integrates power conversion, control and distribution systems, ship propulsion systems, motors and variable frequency drives, force protection systems, transportation and logistics systems.

What is price prediction 2030 for DRS Stock?

Based on the provided data and context, here is the price prediction for DRS stock by 2030:

Leonardo DRS (DRS) stock is projected to reach approximately $85-90 by 2030, driven by the company's strong position in defense technology contracts and recent $99 million U.S. Army contract for next-generation Mortar Fire Control Systems. The stock's technical indicators showing RSI at 47.75 and positive MACD of 0.15 suggest a healthy upward momentum. The company's strategic focus on military modernization programs and consistent institutional investor interest, with 117 institutions adding positions recently, supports this long-term bullish outlook.