Leonardo DRS shares fell 20% despite strong Q2 results, including 10% revenue growth, 33% EBITDA rise, and 52% EPS surge, driven by demand for tactical radars and sensors. The company plans a $450 million acquisition of Raft to boost its distributed-intelligence capabilities, expected to increase adjusted EPS in the first full year. Management raised 2026 adjusted EPS guidance by 7%, supported by a strong balance sheet and improving operating leverage, prompting an upgrade to Strong Buy with 27-54% upside potential.
Leonardo DRS shares and related market context are provided for readers. Of 136 Industrials-sector US stocks on Pluang, 43 rose and 93 fell. Notable movers include AMSC at USD 25.57 with a -10.94% change and 100% buy orders, INIO at USD 16.32 with a -10.87% change and 100% buy orders, and SMR at USD 5.79 with a -10.85% change and 89% buy orders. Data is as of Oct 15, 2026 07:41 WIB.
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