Leidos Shares Down 4.8%, P/S Ratio 1.24, EPS Growth 3.1%
Leidos Holdings shares have declined 4.8% over the past three months, outperforming peers such as ServiceNow and C3.ai which fell 33.3% and 40.1% respectively. The company’s forward price-to-sales ratio stands at 1.24 and estimates project 3.1% year-over-year EPS growth in fiscal 2026.
1. Share Price Performance
Leidos Holdings shares declined 4.8% over the past three months, a milder pullback than major industry players such as ServiceNow (-33.3%) and C3.ai (-40.1%). The relative resilience reflects steady demand for government and defense services amid broader market volatility.
2. Valuation Metrics
Leidos trades at a forward price-to-sales ratio of 1.24, significantly below the enterprise AI/software industry average of 13.40. This lower valuation underscores market perception of Leidos as a stable, mature defense contractor rather than a high-growth technology firm.
3. Earnings Outlook
Estimates project 3.1% year-over-year EPS growth for Leidos in fiscal 2026, contrasting with sharper declines forecast for pure AI vendors. The modest growth trajectory is supported by long-term government contracts and diversification into intelligence and aerospace services.