B of A Securities Downgrades Leidos Holdings to 'Hold'

On June 17, 2026, B of A Securities downgraded Leidos Holdings, Inc. (NYSE:LDOS) from a previous recommendation to a 'hold' rating, setting a new price target at $125. This action comes as the stock trades near $110.64.

Other Institutional Activity in Leidos Holdings

BLACKROCK, INC. reduced its holdings by 838,482 shares, resulting in 9,496,886 shares worth about $1.48 billion. VANGUARD CAPITAL MANAGEMENT LLC added a significant number of shares, now holding 8,260,970 shares valued at approximately $1.28 billion. STATE STREET CORP also increased its position by 94,079 shares, bringing its total to 6,116,438 shares worth roughly $951.2 million. Meanwhile, JPMORGAN CHASE & CO boosted its stake by 1,100,152 shares, ending with 4,253,153 shares valued at $655.8 million.

Leidos Holdings, Inc. Stock Down 25.3%

Shares of NYSE:LDOS traded around $110.64. Leidos Holdings has a market cap of $13.67 billion, a P/E ratio of 9.94, and a forward P/E of 8.26. The stock has a 52-week low of $108.00 and a high of $205.77. Its 50-day moving average stands at $135.44, while the 200-day moving average is $171.66. The company maintains a current ratio of 1.40, a quick ratio of 1.11, and a debt-to-equity ratio of 137.13.

Recent Earnings

Leidos Holdings reported revenue of $17.33 billion, reflecting a growth of 3.7%. The company achieved an EPS of $10.93, a net margin of 8.15%, and a return on equity of 30.58%. The next earnings report is expected on July 28, 2026.

Dividend

Leidos Holdings offers an annual dividend rate of $1.72, yielding 1.51% with a payout ratio of 15.19%.

Insider Buying and Selling at Leidos Holdings, Inc.

Several insiders, including Gregory Dahlberg and Noel Geer, bought shares on May 8, 2026. Each purchased between 1,067 and 1,281 shares, with these transactions not being part of a pre-planned trading program.

Analysts Set New Price Targets

On June 17, 2026, B of A Securities downgraded the stock to 'hold' with a $125 price target. Earlier in the month, Jefferies also downgraded it to 'hold' with a target of $140. Meanwhile, Citigroup maintained a 'buy' rating with a $178 target, and Stifel kept a 'hold' with a $193 target. The consensus among analysts is a 'buy', with a mean target price of $178.27 across 15 opinions.

About Leidos Holdings

Leidos Holdings, Inc. provides a range of services and solutions for both government and commercial clients in the U.S. and internationally. Based in Reston, Virginia, the company operates in sectors like National Security, Health & Civil, and Defense Systems, offering technology-driven innovations and solutions under the leadership of CEO Thomas A. Bell.

Bottom Line

B of A Securities' downgrade of Leidos Holdings to 'hold' reflects a cautious view, setting a new price target at $125. As one of the major players in technology services, Leidos remains a company to watch, with varied analyst opinions and upcoming earnings in late July. Investors often follow such analyst actions closely, but it's essential to remember these ratings are backward-looking assessments.