Is Wall Street Bullish or Bearish on Leidos Holdings Stock?

Valued at a market cap of almost $22 billion, Leidos Holdings, Inc. (LDOS) provides services and solutions in the defense, intelligence, civil, and health markets. The Reston, Virginia-based company’s core capabilities include providing solutions in the fields of cybersecurity, data analytics, enterprise IT modernization, operations and logistics, software development, and systems engineering.

Shares of this national security and health company have significantly outperformed the broader market over the past 52 weeks. LDOS has rallied nearly 55.9% over this time frame, while the broader S&P 500 Index ($SPX) has gained 31.1%. Moreover, the stock is up 52.2% in 2024, compared to SPX’s 24.7% gain on a YTD basis.