Leidos Holdings stock reports 7 percent Q2 revenue growth

Published on 10/05/2026 at 17:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Leidos Holdings stock was trading at USD 118.31 on October 5, 2026, while analysts listed a USD 160.29 average target. Q2 cash flow reached USD 793 million.

Geometrisches Bauhaus-Poster mit Kreisen, Dreiecken und Schriftzug Defense Tech — Bauhaus-Poster interpretiert fuer Leidos Holdings ISIN US5253271028 den Verteidigungssektor mit Formen und Text Defense Tech, Illustration mit AI erstellt.

Leidos Holdings (ISIN US5253271028) was trading at USD 118.31 on the NYSE at 11:34 a.m. ET on October 5, 2026, up 0.48 percent from the prior close. The latest reported quarter delivered 7 percent revenue growth to USD 4.6 billion, according to Leidos on August 4, 2026.

Q2 growth lifted guidance

Leidos reported USD 356 million in net income and USD 2.81 in diluted GAAP earnings per share for Q2 2026. Adjusted EBITDA reached USD 631 million, producing a 13.8 percent adjusted EBITDA margin, while operating cash flow reached USD 793 million.

The quarter also produced USD 5 billion in net awards and a 1.1 book-to-bill ratio, according to Fortune on August 4, 2026. Management raised the midpoint of its 2026 revenue guidance by USD 100 million, its EPS guidance midpoint by USD 0.05 and operating cash flow guidance by USD 50 million.

Cash generation offsets health pressure

Leidos generated USD 761 million in free cash flow during Q2 2026, while its health segment faced lower incentive payments in the remaining 2026 period. Management said the effect was incorporated into the enhanced full-year guidance, leaving defense technology, energy and cyber as important growth pillars.

The operating comparison is favorable: adjusted EPS came in at USD 3.26 against a USD 2.91 consensus estimate, a USD 0.35 beat, while revenue reached USD 4.56 billion versus a USD 4.44 billion estimate, according to MarketBeat on September 26, 2026.

Analyst target stays above market price

MarketBeat lists a Hold consensus based on 17 analysts and an average price target of USD 160.29. That target lies 35.46 percent above the USD 118.31 NYSE price, while the published high target is USD 225.00.

Yahoo Finance lists November 3, 2026 as the next earnings date and shows a 52-week range of USD 98.86 to USD 205.77. The range places the October 5 price 42.49 percent above the low and 42.50 percent below the high.

Leidos Holdings stock stays below USD 120

Leidos Holdings stock was last trading at USD 118.31 on the NYSE on October 5, 2026, with a 0.48 percent daily gain, a market capitalization of USD 14.9 billion and volume of 167,645 shares.