
Leonardo DRS: The Strong Buy Delivered, Here's Why I'm Downgrading It And What Comes Next
Leonardo DRS is downgraded from strong buy to buy after a 23.7% rally, as the valuation gap has closed. DRS benefits from global defense budget expansion and rising demand for advanced sensor and electronic warfare solutions, supporting mid-to-high single-digit revenue growth. Q4 2025 expectations are for modest 1.4% sales growth and a 2.4% EPS decline, with multi-year EBITDA CAGR projected at 12%.


















