Leidos stock holds near a 52-week range after Q2 beat

Leidos stock is trading near $140 after a Q2 revenue beat, a higher free cash flow outlook, and a market cap of $17.64 billion as of August 28, 2026.

Leidos Holdings (US5253271028) is trading at $140.59, up $0.73, with a market value of $17.64 billion and a 52-week range of $98.86 to $205.77 as of August 28, 2026. The latest cited catalyst is a Q2 update that paired a revenue beat with a higher free cash flow outlook.

Q2 numbers set the tone

In that update, Leidos reported higher 2026 free cash flow guidance while targeting about $250 million of capex, according to a stock-news roundup that cited the company. The same roundup said the business also lifted its guidance midpoints, a change that points to a stronger second-half setup.

The market still appears to be digesting the scale of the move in the shares. At $140.59, the stock sits well below the 52-week high of $205.77 and above the 52-week low of $98.86, which leaves the current price inside a wide trading band.

Revenue beat matters

The Q2 report highlighted revenue and earnings above expectations, and that is the key comparison for investors now. A beat on both lines matters more than a simple headline gain because it also helped support the higher free cash flow outlook.

That combination gives the shares a concrete anchor: $17.64 billion of market capitalization against a Q2 backdrop that improved guidance midpoints and pointed to about $250 million of capex. For a government-services name like Leidos, the market is likely weighing whether that improvement can hold through the rest of 2026.

What Leidos sells

Leidos is a technology and engineering company focused on national security, defense, intelligence, and civil government work. Its business mix helps explain why the market watches contract trends, margin delivery, and free cash flow together rather than in isolation.

Stock level to watch

The shares closed the last session cited at $140.59 as of August 28, 2026. That price is closer to the lower half of the 52-week band than to the peak, even after the Q2-driven update.

Fact box

Company: Leidos Holdings, Inc.
ISIN: US5253271028
Ticker: LDOS
Exchange: NYSE
Price (as of August 28, 2026, 3:58 p.m. ET): $140.59 USD
Market cap: $17.64 billion (as of August 28, 2026)
Sector / Industry: Information Technology / IT Services
Index membership: S&P 500