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LDO Stock Chart & Stats
€52.26
€0.31(0.59%)
At close: 4:00 PM EDT
€52.26
€0.31(0.59%)
Day’s Range― - ―
52-Week Range€44.25 - €66.26
Previous CloseN/A
Volume556.40K
Average Volume (3M)3.05M
Market Cap
€32.35B
Enterprise Value€31.80K
Total Cash (Recent Filing)€986.00M
Total Debt (Recent Filing)€4.51B
Price to Earnings (P/E)28.8
Beta0.85
Next Earnings
Nov 05, 2026EPS Estimate
0.46Next Dividend Ex-DateN/A
Dividend Yield1.12%
Share Statistics
EPS (TTM)1.95
Shares Outstanding578,150,400
10 Day Avg. Volume2,674,697
30 Day Avg. Volume3,046,617
Financial Highlights & Ratios
PEG Ratio1.73
Price to Book (P/B)2.97
Price to Sales (P/S)1.45
P/FCF Ratio29.02
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€72.80Price Target Upside39.30% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)2.35
Revenue Forecast (FY)€22.27B
Bulls Say, Bears Say
Bulls Say
Sustained Revenue Growth And Improving MarginsLeonardo shows multi-year revenue expansion with net margin rising to ~6.3% by 2025. Durable top-line growth plus improving profitability indicate better program execution and pricing mix, supporting reinvestment in R&D and services and reducing sensitivity to single-program shocks over months.
Meaningful Deleveraging And Stronger Balance SheetLeverage has fallen materially to ~0.47x debt/equity, improving financial flexibility and reducing interest burden risk. A stronger balance sheet enhances capacity to fund multi-year defense programs, pursue joint ventures, and withstand order timing, bolstering resilience over the next several quarters.
Product Evolution In Cyber/security (SignalTrace)SignalTrace represents a structural upgrade in Leonardo's cyber capabilities, turning public wireless emissions into actionable insights. Expanding proprietary cyber product suites diversifies revenue away from platform cycles and builds recurring, higher‑margin services tied to long‑term government and critical infrastructure contracts.
Bears Say
Moderate And Volatile Free Cash Flow ConversionAlthough operating cash flow and FCF improved to ~€1.0B in 2025, FCF covered only ~50% of net income and has been uneven historically. This constrains discretionary investment, shareholder returns, and buffer against program delays, making capital allocation sensitive across fiscal cycles.
Relatively Thin Gross Margins Limiting Operating LeverageA persistently thin gross margin (~8%) caps the benefit from revenue scale and limits the company's ability to convert sales growth into durable operating profit. This reduces margin resilience if program mix or input costs shift, constraining long-term free cash flow improvement.
Absolute Debt Level Remains Sizable (~€4.5B)Even with lower leverage ratios, an absolute debt stock near €4.5B leaves exposure to interest rate moves and refinancing needs. In periods of margin pressure or slower collections, fixed financing obligations can constrain investment in programs or R&D and increase sensitivity to macro shifts.
LDO FAQ
What was Leonardo Spa’s price range in the past 12 months?
Leonardo Spa lowest stock price was €44.25 and its highest was €66.26 in the past 12 months.
What is Leonardo Spa’s market cap?
Leonardo Spa’s market cap is €32.35B.
When is Leonardo Spa’s upcoming earnings report date?
Leonardo Spa’s upcoming earnings report date is Nov 05, 2026 which is in 74 days.
How were Leonardo Spa’s earnings last quarter?
Leonardo Spa released its earnings results on Jul 31, 2026. The company reported €0.417 earnings per share for the quarter, missing the consensus estimate of €0.47 by -€0.053.
Is Leonardo Spa overvalued?
According to Wall Street analysts Leonardo Spa’s price is currently Undervalued.
Does Leonardo Spa pay dividends?
Leonardo Spa pays a Annually dividend of €0.63 which represents an annual dividend yield of 1.12%. See more information on Leonardo Spa dividends here
What is Leonardo Spa’s EPS estimate?
Leonardo Spa’s EPS estimate is 0.46.
How many shares outstanding does Leonardo Spa have?
Leonardo Spa has 578,150,400 shares outstanding.
What happened to Leonardo Spa’s price movement after its last earnings report?
Leonardo Spa reported an EPS of €0.417 in its last earnings report, missing expectations of €0.47. Following the earnings report the stock price went up 2.606%.
Which hedge fund is a major shareholder of Leonardo Spa?
Currently, no hedge funds are holding shares in IT:LDO
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Leonardo Spa
Leonardo S.p.A. is a prominent industrial and technology firm with operations spanning Italy, the United Kingdom, the rest of Europe, the United States, and other international markets. The company's core activities are centered around helicopters, defense electronics and security systems, aeronautics, and space. Within its helicopter division, Leonardo designs and manufactures a diverse fleet for various applications, including military battlefield and combat roles, maritime operations, pilot training, executive and private transportation, medical and rescue missions, security, energy sector support, and general utility services. This is further enhanced by comprehensive support and training offerings. The aeronautics segment develops a range of aircraft, such as trainers, fighter jets, multi-mission transport planes, and multi-mission surveillance aircraft. In the realm of defense electronics and security, the company delivers sophisticated command and control systems, radar and sensor technologies, optronics, advanced communication systems, electronic warfare capabilities, avionics, air traffic management solutions, and integrated defense systems. It also specializes in cybersecurity and resilience, critical communication infrastructure, digitalization initiatives, and monitoring services. For the space industry, Leonardo provides geoinformation services, satellite communication technologies, ground support systems, navigation solutions, and satellite operational expertise. Its advanced offerings include interplanetary probes, orbiting modules, robotics and drilling equipment, electro-optics, laser transmitters, atomic clocks, photovoltaic panels, power distributors and amplifiers, attitude sensors, and orbital micropropulsion systems. Furthermore, Leonardo is involved in the manufacturing and assembly of crucial structural components, both composite and metallic, for commercial and military aircraft, helicopters, and unmanned aerial vehicles. The company also offers automation solutions for significant logistical operations, such as airport baggage handling systems, mail sorting centers, and courier logistics hubs. Established in 1948 and based in Rome, Italy, the company was previously known as Leonardo - Finmeccanica S.p.a. before officially changing its name to Leonardo S.p.a. in January 2017.
LDO Stock 12 Month Forecast
Average Price Target
€72.80
▲(39.30% Upside)
Technical Analysis
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