Stifel Initiates Leidos (LDOS) Coverage with “Buy” Rating and $178 Price Target

Leidos Holdings, Inc. (NYSE:LDOS) is one of the 10 undervalued tech stocks flying under Wall Street’s radar. On June 23, Stifel Nicolaus issued a “Buy” rating for Leidos after resuming coverage of the company. The firm also set a price target of $178.

Stifel Initiates Leidos (LDOS) Coverage with “Buy” Rating and $178 Price Target

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Stifel described Leidos as a “well-diversified” government services contractor. The analysts also highlighted the company’s “strong strategy” to pivot toward growth areas, positioning the company for future expansion.

The analysts set a price target of $178 based on a projected 13x EV/EBITDA multiple for 2026, which they noted is consistent with Leidos’s historical averages and in line with comparable industry peers.

Leidos Holdings, Inc. (NYSE:LDOS) is a U.S.-based technology and engineering company. It delivers solutions in defense, intelligence, civil, and health markets through four main segments: National Security & Digital, Health & Civil, Commercial & International, and Defense Systems. Its offerings include cybersecurity, AI-powered mission software, air traffic control systems, border security tech, and energy grid modernization.

While we acknowledge the potential of LDOS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.