Leidos Holdings Reports Strong Q1 2025 Financial Results

Leidos Holdings ( (LDOS) ) has provided an update.

Leidos Holdings reported strong financial results for the first quarter of fiscal year 2025, with revenues of $4.2 billion, a 7% increase year-over-year, and net income of $365 million, up 29% from the previous year. The company also announced a change in its backlog policy, which now includes estimated future revenue on task orders expected under sole source IDIQ contracts, resulting in a backlog of $46.3 billion. Leidos secured several significant contracts, including a $205 million task order with the Defense Threat Reduction Agency and a $150 million task order with the Naval Surface Warfare Center Carderock Division, highlighting its strong position in the defense and IT services market.

Spark’s Take on LDOS Stock

According to Spark, TipRanks’ AI Analyst, LDOS is a Outperform.

Leidos Holdings exhibits strong financial performance with robust revenue growth and improved profitability. The company’s strategic initiatives and significant contract wins support a positive outlook. However, technical analysis indicates some long-term resistance, and past stock price declines present potential risks. The valuation suggests the stock is fairly priced, offering a balanced risk-reward proposition.

To see Spark’s full report on LDOS stock, click here.

More about Leidos Holdings

Leidos Holdings, Inc. operates in the defense, aviation, information technology, and biomedical research industries. The company provides services and solutions in areas such as cybersecurity, enterprise IT, and engineering, with a focus on serving government and commercial customers.

YTD Price Performance: 3.00%

Average Trading Volume: 1,711,612

Technical Sentiment Signal: Strong Sell

Current Market Cap: $19.08B

Find detailed analytics on LDOS stock on TipRanks’ Stock Analysis page.