Analyst Noah Poponak of Goldman Sachs maintained a Hold rating on Leidos Holdings, with a price target of $178.00.
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Noah Poponak has given his Hold rating due to a combination of factors surrounding Leidos Holdings. The company has demonstrated resilience against government shutdowns and federal civilian program reprioritizations, thanks to its mission-critical solutions. However, the health segment is expected to experience slower growth in the near future, as it consolidates recent wins and faces challenging comparisons.
Leidos Holdings is also poised for strong growth in defense systems, cyber, and energy infrastructure, with potential margin expansion driven by efficiency initiatives. Despite these positive signals, the uncertainty around the timing of award decisions and the anticipated slowdown in the health business contribute to a cautious outlook. Therefore, the Hold rating reflects a balanced view of the company’s growth prospects and potential risks.
According to TipRanks, Poponak is a 4-star analyst with an average return of 6.6% and a 52.65% success rate. Poponak covers the Industrials sector, focusing on stocks such as Embraer, Mercury Systems, and Huntington Ingalls.