Leonardo S.p.a. Monthly Analysis (April 2026)

Leonardo S.p.a.

BIT:LDO

€ 62,26

€-0,38 (-0,61%)

62,26 €

€-0,38 (-0,61%)

End-of-day quote: 04/02/2026

Leonardo S.p.a. Stock Value

Analysts currently see BIT:LDO at the level of Outperform.

Outperform

Leonardo S.p.a. Company Info

EPS Growth 5Y

11,14%

Market Cap

€35,92 B

Long-Term Debt

€1,82 B

Quarterly earnings

05/08/2026 (E)

Dividend

€0,63

Dividend Yield

1,01%

Founded

1948

Industry

Industrials

Country

Italy

Website

Leonardo S.p.a.

ISIN Number

IT0003856405

Website

http://www.leonardo.com/en/home

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

€69,50

11.63%

Last Update: 04/03/2026

Analysts: 18

Highest Price Target €79,50

Average Price Target €69,50

Lowest Price Target €60,00

In the last five quarters, Leonardo S.p.a.’s Price Target has risen from €14,78 to €40,40 - a 173,34% increase. Ten analysts predict that Leonardo S.p.a.’s share price will increase in the coming year, reaching €69,50. This would represent an increase of 11,63%.

Top growth stocks in the industrials sector (5Y.)

What does Leonardo S.p.a. do?

Leonardo S.p.a., an industrial and technological company, engages in the helicopters, defense electronics and security, aircraft, aerostructures, and space sectors. The company specializes in the development and manufacturing of advanced technologies and systems designed to enhance operational efficiency in complex environments. The company leverages its extensive industry experience to deliver a broad range of solutions including rotorcraft, advanced electronics, and integrated systems that me...

The company leverages its extensive industry experience to deliver a broad range of solutions including rotorcraft, advanced electronics, and integrated systems that meet and exceed the demands of its customers. Its deep-rooted commitment to technological advancement is reflected in the collaboration with startups and SMEs, adopting open innovation approaches.

Business Segments

The company organizes its extensive range of operations into five business segments, which contribute significantly to its market presence and revenue generation: Helicopters, Defense Electronics and Security, Aircraft, Aerostructures, and Space.

Helicopters: This segment specializes in the design, manufacture, and service of rotary-wing aircraft. The company has a strong portfolio of helicopters that are utilized for various applications ranging from military operations to emergency medical services. The commitment to innovation ensures the helicopters are equipped with state-of-the-art technologies enhancing their operational efficiency and safety.

Defense Electronics and Security: This segment caters to a broad array of defense needs through electronic systems, cybersecurity solutions, and integrated systems for intelligence, surveillance, and reconnaissance. The company provides critical components and services that address modern warfare's sophisticated demands while ensuring safety and security for civilian and military operations alike.

Aircraft: This segment produces both fixed-wing aircraft and related services. The aircraft segment is known for its commitment to performance and advanced aerodynamics, with models designed for both military and commercial applications. Its fleet includes fighter jets, transport planes, and unmanned aerial vehicles, supported by a vast network of after-sales services.

Aerostructures: This segment focuses on the design and manufacture of airframe structures and components for several aircraft manufacturers worldwide. The commitment to high-quality materials and manufacturing processes ensures every product meets stringent international standards, thereby solidifying the company’s reputation as a trusted supplier in the aerospace sector.

Space: This segment revolves around satellite systems, earth observation technologies, and space exploration initiatives. The company plays a crucial role in various space missions, offering solutions that support communication, navigation, and planetary exploration, contributing to scientific discoveries and advancements in space research.

Business Strategy

The company adopts a multi-faceted business strategy focusing on innovation, efficiency, and collaboration. As technology and market demands continuously evolve, the company prioritizes research and development to stay ahead of industry trends and customer requirements. The strategic planning framework involves identifying emerging market opportunities, leveraging technological advancements, and ensuring adaptability in operations.

The company's strong emphasis on innovation is complemented by its commitment to sustainability and social responsibility, making it a preferred partner in both public and private sectors. The pursuit of excellence in product development is supported by robust project management processes aimed at risk mitigation and performance optimization across the project lifecycle.

Furthermore, the company’s strategy includes exploring new market territories and expanding its global footprint to drive growth. By forging strategic partnerships and joint ventures, the company endeavors to integrate its technology portfolio with that of partners, enhancing its market presence while reducing operational risks.

The company's commitment to operational excellence is demonstrated through ongoing initiatives that focus on supply chain resilience, cost reduction, and continuous improvement. As such, the company is well-positioned to exploit growth opportunities and address the complexities of modern defense and aerospace demands.

Products and Services

The company offers a comprehensive range of products and services designed to meet the diverse needs of the defense, aerospace, and security sectors. The company's portfolio includes:

Helicopters: Advanced rotary-wing aircraft designed for military and civilian applications, integrating cutting-edge avionics and systems.

Defense Electronics: Sophisticated electronic systems, including radar, sensors, and cyber defense solutions, tailored for modern defense environments.

Aircraft: Military-grade and commercial fixed-wing aircraft, alongside a comprehensive suite of maintenance and training services.

Aerostructures: High-precision components and assemblies for various aircraft manufacturers, ensuring structural integrity and performance.

Space Solutions: Satellite systems and related services for telemetry, tracking, and control, contributing to significant advancements in space exploration and Earth observation.

Geographical Markets Served

The company operates in various markets worldwide and maintains a significant presence in Europe, North America, and Asia. The company strategically positions its subsidiaries in key geographical locations, ensuring relevant expertise and operational agility. The major hubs include Italy, the United Kingdom, the United States, and Poland, accounting for the majority of revenues, fixed assets, and personnel. The global footprint allows the company to serve diverse customer bases while adapting to localized market conditions.

Sale of Segment

In May 2023, the company completed the sale of its ATM business unit of the US-based Selex ES, LLC to Indra Air Traffic, Inc. Based on assessments, the transaction yielded positive financial outcomes and represented a strategic alignment with the company’s focus on core activities.

Seasonality

The company's operations are subject to certain seasonal trends particularly in the defense and aerospace sectors, where purchasing cycles can vary based on government budgets and procurement schedules. These factors can influence revenue timing and cash flows, necessitating strategic planning to ensure stability and responsiveness to market demands across seasons.

Customers

The company serves a diverse array of customers, including government entities, military organizations, and commercial aerospace firms. The company places heavy emphasis on developing long-lasting relationships with key customers, providing tailored solutions that meet specific operational needs.

Sales and Marketing

The company employs a multifaceted approach to marketing, utilizing direct sales teams, trade shows, and digital marketing strategies to reach potential customers. Collaborations with distribution partners further extend its market reach, ensuring comprehensive service delivery.

History

The company was founded in 1948. The company was formerly known as Leonardo – Finmeccanica S.p.a. and changed its name to Leonardo S.p.a. in 2017.

Leonardo S.p.a. Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Revenue distribution by sectors:** - Aerospace: 40% - Defense and Security: 35% - Electronics: 15% - Helicopters: 10% **TOP 3 markets and their percentage shares:** - Italy: 30% - United States: 25% - United Kingdom: 20% Leonardo S.p.a. generates the majority of its revenue from the aerospace an...

At which locations are the company’s products manufactured?

**Production sites of Leonardo S.p.a.:** 1. **Italy:** Headquarters and several production facilities, especially in Rome, Turin, and Venice. 2. **United Kingdom:** Production sites for helicopters and electronics. 3. **USA:** Plants for helicopters and electronic components. 4. **Poland:** Product...

What strategy does Leonardo S.p.a. pursue for future growth?

**Focus on Defense and Security Solutions:** Increase investments in research and development. **Digitalization and Innovation:** Introduction of new digital platforms and technologies. **International Expansion:** Expansion of presence in strategic markets worldwide. Leonardo S.p.a. pursues a gr...

Which raw materials are imported and from which countries?

**Main raw materials:** Aluminum, titanium, composite materials **Main supplying countries:** USA, China, Russia, Germany Leonardo S.p.a., a leading company in the aerospace industry, imports a variety of raw materials necessary for the production of aircraft and other high-tech products. Aluminu...

How strong is the company’s competitive advantage?

**Market share in the defense sector:** 4.5% (2024) **Research and development expenses:** 1.5 billion euros (2024) Leonardo S.p.a. has a significant competitive advantage in the defense and aerospace sector, supported by its strong market position and continuous investments in research and develo...

What is the share of institutional investors and insider buying/selling?

**Institutional investor share:** approx. 60% (estimated, 2025) **Insider purchases/sales:** No significant transactions in the last year (2024) The institutional investor share in Leonardo S.p.a. is estimated to be around 60%. This demonstrates the confidence of large investors in the company&#0...

What percentage market share does Leonardo S.p.a. have?

**Market Share Leonardo S.p.a.:** Estimate 6-8% (2025) **Main Competitors and their Market Shares:** 1. **Lockheed Martin:** 12-14% 2. **Boeing Defense, Space & Security:** 10-12% 3. **BAE Systems:** 8-10% 4. **Raytheon Technologies:** 7-9% 5. **Northrop Grumman:** 6-8% 6. **Leonardo S.p.a.:**...

Is Leonardo S.p.a. stock currently a good investment?

**Revenue growth:** 7.5% (2024) **EBITDA growth:** 6.8% (2024) **Order backlog:** 38 billion euros (2024) Leonardo S.p.a. recorded a revenue growth of 7.5% in 2024, attributed to strong demand in the aerospace and defense sectors. The EBITDA growth of 6.8% indicates that the company has good co...

Does Leonardo S.p.a. pay a dividend – and how reliable is the payout?

**Dividend yield:** 3.5% (estimated for 2025) **Dividend history:** Continuous distribution in recent years Leonardo S.p.a. has regularly distributed dividends to its shareholders in recent years. The dividend yield for 2025 is estimated to be around 3.5%, based on the latest financial reports...

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Leonardo S.p.a. Stock Value

Leonardo S.p.a. Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does Leonardo S.p.a. do?

Leonardo S.p.a. Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Leonardo S.p.a. Stock Value

Leonardo S.p.a. Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does Leonardo S.p.a. do?

Leonardo S.p.a. Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.