Citigroup has initiated coverage on Leidos Holdings Inc (LDOS) with a Buy rating, marking the firm's initial assessment of the company's investment potential. The decision underscores Citigroup's confidence in Leidos, which operates in the professional services sector, focusing on defense, intelligence, civil, and health markets.
Leidos, headquartered in Reston, Virginia, employs approximately 48,000 full-time staff and boasts a market capitalization of $24.3 billion. The company has a P/E ratio of 32.19 and an EPS of 5.82. The upcoming earnings report, scheduled for August 3, 2026, is expected to show an EPS of $3.13 and revenue of $4.5 billion.
Analyst ratings, such as this one, provide insights based on research and financial models but should be considered alongside company fundamentals and market conditions. As of December 1, 2025, the consensus among analysts is a Buy, with 8 Strong Buy, 7 Buy, and 8 Hold ratings.
The announcement highlights Citigroup's commitment to covering Leidos as it navigates a competitive landscape, with various analysts recently reiterating or maintaining their ratings on the stock.
This update provides insight into how analysts view Leidos' growth trajectory and market positioning in the evolving professional services industry.