LDOS · Leidos Holdings, Inc. — research history
Complete research history. Every dossier, draft, kill, publish, and lesson the system has produced on LDOS. Public so users can audit, AI can re-reference. Live price refreshes every 60s.
About LDOS · Leidos Holdings, Inc.
Leidos Holdings, Inc., together with its subsidiaries, provides services and solutions for government and commercial customers in the United States and internationally. The National Security & Digital segment provides national security software; services by using artificial intelligence and machine learning to coordinate sea, ground, air, and space to help warfighters; offensive, defensive, and physical cyber operation solutions; intelligence analysis, operational support, logistics operations, security, linguistics, force production, biometrics, chemical, biological, radiological, nuclear, and explosives, energetics, training, and other services; and Digital Modernization and transformation services. The Health & Civil segment offers air traffic control systems; health mission software; managed health services; infrastructure management and operation; logistical operations and information technology support; and life science research and development support services. The Commercial & International segment provides power grid engineering and design, grid modernization, utility planning and consulting, energy management and efficiency, technology-driven innovation, and software and application development; people scanners, computed tomography carry-on baggage scanners, checked baggage scanners, and explosive trace detectors; mobile, non-intrusive ports and borders inspection systems; and open-architecture platform that transforms airport security by integrating disparate devices and technologies into a unified management system. The Defense Systems segment offers air and missile defense, maritime, aerospace, and cyber and threat systems; offers airborne training, intelligence, surveillance, and reconnaissance missions; and provides space-based electro-optic infrared systems, multi/hyperspectral, electronic warfare and signals intelligence, and communications payloads. Leidos Holdings, Inc. was founded in 1969 and is headquartered in Reston, Virginia.
Live Quote
SELL (score -7) · 12-1 mom -19.2% · RSI 20.1 · below_both · -46.8% from high
Targets blend Wall Street consensus (15 analysts: low $125.00 / mean $178.27 / high $225.00) with chart-derived floors and ceilings.
1-Year Chart · RSI · MACD
Research Timeline
Newest first. Each entry shows what stage produced it, the verdict/decision, and the reasoning.
Score 37 falls well below the 45 threshold. While valuation is deeply discounted and near-term contract awards provide catalysts, the dossier lacks smart-money accumulation, shows damaged technicals, and flags structural customer concentration alongside elevated post-merger leverage. It does not clear the high-conviction bar for publication.
Score 37 falls well below the 45 threshold. While valuation is deeply discounted and near-term contract awards provide catalysts, the dossier lacks smart-money accumulation, shows damaged technicals, and flags structural customer concentration alongside elevated post-merger leverage. It does not clear the high-conviction bar for publication.
Leidos is a defense/government IT integrator with ~$17B in annual revenue that has been under severe pressure — down 32% YTD and 38% from its 52-week high of $205.77 as of May 31, 2026. The stock trades at just 9.69x forward earnings against a sector median around 18-22x for defense peers (L3Harris: 23x fwd; Booz Allen: ~24x), and 7%+ FCF yield. Multiple material catalysts are on the horizon: $10B State Department Evolve contract awarded in May 2026, a $2.7B U.S. Army hypersonic weapons production deal (May 2026) combining TPS + CHGB programs, Military OneSource re-selection through 2031, and an Entrust cybersecurity acquisition closed March 27, 2026 for $2.4B. Q1 FY2026 EPS beat by 7.6%. The analyst consensus target of $186 vs current ~$128 implies ~45% upside even after the recent bounce. However, the technical picture is damaged (below both 50DMA and 200DMA; RSI 38), there is a joint venture restructuring with Altaris creating uncertainty in SES/IA assets, debt jumped from $4.6B to $6.3B net of cash due to Entrust financing, and macro headwinds around DoD budget uncertainty persist.
Score of 35 falls well below the 50-point threshold for core names. Despite a deeply discounted valuation (9.9x Fwd P/E, 7.3% FCF yield) and strong ROIC (30.6%), the dossier shows zero insider accumulation, bearish options skew, and a stock trading far below its 50DMA. The concentration gate reflects standard defense contracting reality but is mitigated by the multi-year, inflation-adjusted nature of the $48B+ backlog; however, without insider accumulation or technical stabilization, timing risk is too high.
Leidos reported a strong Q1 FY2026 (EPS $3.13 vs $2.91 estimate, +7.56% beat; revenue $4.44B) and raised full-year guidance by $500M on revenue and EPS on May 5 — yet the stock has been obliterated from its ~$205 52-week high to ~$130 (down ~37%). The disconnect between operational performance and price action is stark, but several structural factors argue against a pure long thesis at this moment: (1) no confirmed open-market insider buys in the past 90 days — all recent Form 4s are tax-withholding settlements or option exercises; (2) options flow shows put-skew with net directional bias toward puts and heavy OI concentration at $135/$140 strikes suggesting institutional hedging demand rather than directional conviction; (3) the stock is deeply oversold (RSI 21.3, below both its 50DMA by ~28 points), which creates timing risk for a long entry; (4) macro headwinds around DoD budget uncertainty and tariff concerns on government IT spending are real overhangs that haven't cleared. The most defensible structured thesis is a covered-call or CSP approach: the company is high-quality, backlog ($48B+) supports earnings stability, but the near-term technical damage means waiting for stabilization before deploying capital.