Leidos Holdings (LDOS) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $3.26
- Estimate
- $2.91
- Surprise
- +12.1%
- Revenue (period 2026-07-03)
- $4.55B
- Score at report (before → after)
- 5.8 → 6.0/10
Revenue source: xbrl.
How the report landed
Leidos Holdings (LDOS) beat the $2.91 estimate with diluted EPS of $3.26 — a large 12.1% upside surprise. TrendMatrix's engine moved from Sell (5.8/10) to Hold at 6.0/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates LDOS Sell at 5.9/10.
4 of the last 4 quarters beat the estimate; this quarter's +12.1% surprise compares with a +9.5% four-quarter average. Next scheduled report: 2026-11-03.
What supports the rating
- Strong earnings beat streak (4/4)
- Attractive valuation
What argues against it
- Concentration risk — Customer: U.S. government (87.0%)
- Thin upside margin: 6.5%
- V7 low-quality RISK_OFF penalty: -0.5 (Q=5.5)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $134.00
- Price target
- $140.94
- Stop
- $127.20
- Upside to target
- +5.2%
- Reward-to-risk
- 1.1:1
The stock trades at 12.3× trailing but 10.4× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-09-04 — shown for context, not personalized investment advice.
LDOS at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Information Technology Services
- Market cap
- $16.61B
- P/E (fwd)
- 10.4
- P/E (ttm)
- 12.3
- 52-week range
- $98.86–$205.77
- Off 52-week high
- 34.9%
- RSI (14)
- 32
- Volume vs avg
- 1.03×
- Score today
- 5.9/10