Goldman Sachs cuts target for Leidos Holdings stock to USD 127

Published on 10/20/2026 at 19:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Leidos reported USD 4.56 billion revenue for Q2 2026. Leidos Holdings stock costs EUR 113.65 on October 20, 2026. Nasdaq stood at USD 127.77.

Analyst target and reporting date

Goldman Sachs cut its Leidos Holdings target to USD 127.00 from USD 132.00 on October 12, 2026.
Leidos reported USD 4.56 billion revenue and adjusted earnings of USD 3.26 per share for the second quarter of 2026.
Leidos Holdings stock costs EUR 113.65 at Lang & Schwarz on October 20, 2026 at 7:39 p.m. CEST.
Leidos scheduled its third-quarter 2026 results for November 3, 2026.

Aquarellmalerei eines Bürocampus mit Glastürmen und Teich bei goldenem Sonnenuntergang — Aquarell zeigt fuer Leidos Holdings ISIN US5253271028 einen Buerocampus mit Glastuermen am Wasser bei Sonnenuntergang, Illustration mit AI erstellt.

Goldman Sachs cut its price target for Leidos Holdings from USD 132.00 to USD 127.00 in a report dated October 12, 2026, according to MarketScreener. The revised target sat 0.60 percent below Leidos' Nasdaq price of USD 127.77 at the October 20, 2026 market snapshot. Leidos Holdings stock was trading at EUR 113.65 at Lang & Schwarz on October 20, 2026 at 7:39 p.m. CEST.

Second-quarter figures beat estimates

Leidos reported USD 4.56 billion in revenue for the second quarter of 2026, while adjusted earnings reached USD 3.26 per share, Investing.com reported. Revenue exceeded the USD 4.44 billion consensus estimate by 2.70 percent, while adjusted earnings were 12.03 percent above the USD 2.91 estimate. The figures give the target cut a more specific backdrop: strong second-quarter execution did not prevent analysts from reducing valuation assumptions.

Nasdaq range remains wide

On Nasdaq, Leidos last traded at USD 127.77 on October 20, 2026 at 1:42 p.m. EDT, up 1.36 percent from the prior session. The stock's 52-week range was USD 98.86 to USD 205.77, placing the latest Nasdaq price 37.94 percent below the high and 29.24 percent above the low. Market capitalization stood at USD 16.0 billion, with 558,345 shares changing hands in the quoted session.

Valuation meets a November date

Leidos had a trailing price-to-earnings ratio of 11.92 on October 20, 2026. Goldman Sachs' USD 127.00 target therefore sits 0.60 percent below the latest Nasdaq price, a narrow gap despite the target reduction from USD 132.00. The company's next scheduled event is its third-quarter 2026 results on November 3, 2026, at 8 a.m. ET, according to Leidos.

Comparison with peers

Leidos Holdings: up 1.36 percent, price-to-earnings ratio 11.92, market capitalization USD 16.0 billion.

RTX Corporation (NYSE, USD): down 0.27 percent, price-to-earnings ratio 31.09, market capitalization USD 258.2 billion.

Booz Allen Hamilton Holding Corporation (NYSE, USD): up 1.27 percent, price-to-earnings ratio 11.75, market capitalization USD 9.0 billion.

Price stays in view

Leidos Holdings stock was trading at EUR 113.65 at Lang & Schwarz on October 20, 2026 at 7:39 p.m. CEST. On Nasdaq, it last traded at USD 127.77 on October 20, 2026 at 1:42 p.m. EDT, up 1.36 percent from the prior session. The further course of trading is shown by the continuously updated real-time quote of Leidos Holdings stock.