Leidos Holdings stock adds AT&T technology leader to its board

Published on 10/04/2026 at 20:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Leidos Holdings stock closed at USD 117.74 on October 2, 2026, after a 3.47 percent drop. Q2 FY26 revenue reached USD 4.56 billion and EPS was USD 3.26.

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Leidos Holdings stock (ISIN US5253271028) closed at USD 117.74 on the NYSE on October 2, 2026, down 3.47 percent from the previous close of USD 121.97. The latest company event came on October 1, when Leidos added AT&T Chief Operating Officer Jeff McElfresh to its board, according to Leidos.

Board adds digital expertise

McElfresh joined the board effective October 1, 2026, and the appointment increased its size to 11 members. He will serve on the Corporate Governance and Ethics Committee and the Technology and Information Security Committee, linking his experience in cybersecurity, data management and large-scale connectivity infrastructure to Leidos' digital and energy activities.

The appointment followed a sharp market reset. The stock remains USD 88.03 below its 52-week high of USD 205.77, a 42.8 percent gap, while its USD 14.8 billion market capitalization and 890,518-share volume were measured on October 2, 2026.

Q2 results set the operating base

Leidos' Q2 FY26 revenue was USD 4.56 billion, up 7.2 percent from the year-earlier quarter, while diluted EPS was USD 3.26 versus USD 3.21 in the prior-year quarter. Yahoo Finance also shows Q2 FY26 revenue of USD 4.56 billion and earnings of USD 354 million.

The earnings comparison was favorable against consensus: EPS exceeded the USD 2.91 estimate by USD 0.35, while revenue topped the USD 4.44 billion estimate by USD 0.12 billion. The operating picture therefore combines solid quarterly growth with a share price that is 42.8 percent below its yearly high.

Consensus stays below the yearly high

MarketBeat reported a Hold consensus from 17 analysts, with one Strong Buy, six Buy and ten Hold ratings. Its average price target was USD 160.29, which places the target 36.1 percent above the October 2 closing price.

The main counterweight is execution in government-linked health programs. In the Q2 earnings-call transcript, SquawkNews reported that the Veterans Administration had suspended incentive payments for the rest of 2026, while Leidos said it was positioning the business for the next contract cycle.

Stock closed at USD 117.74

Leidos Holdings stock closed at USD 117.74 on the NYSE on October 2, 2026, with a 52-week range of USD 98.86 to USD 205.77. The next earnings date listed for the company is November 3, 2026.