Leonardo stock forecast: Third-party price targets
Leonardo is one of Europe’s largest defence and aerospace groups, and its shares often attract attention amid shifts in government spending, geopolitical developments and broader market sentiment. Explore LDO’s recent price action, third-party price targets and technical analysis.
Leonardo (LDO) is trading around €57.56 as of 1:29pm UTC on 14 January 2026, within an intraday range between €57.34 and €59.20 on Capital.com’s platform. Past performance is not a reliable indicator of future results.
The stock is moving amid broader Italian equity trading conditions, with Italy’s main stock market index – the FTSE MIB – recently oscillating around the mid-45,000 level (Trading Economics, 14 January 2026).
Leonardo stock forecast 2026–2030: Third-party price targets
As of 14 January 2026, third-party Leonardo stock predictions point to a range of views on the stock’s valuation. These targets are based on differing assumptions around defence spending, order backlog visibility and profitability trends, and should be viewed as indicative scenarios rather than guaranteed outcomes.
Fintel (consensus target)
Fintel reports an average one-year LDO stock forecast of around €58.14, with individual analyst forecasts ranging from approximately €48.88 at the lower end to €74.55 at the upper end. The service highlights a spread of broker estimates reflecting differing assumptions on revenue growth, margin development and capital allocation within the context of evolving European defence spending trends (Fintel, 14 January 2026).
Deutsche Bank (single-stock view)
Deutsche Bank maintains a €57 price target in its LDO stock forecast, while downgrading its stance to Hold, suggesting limited perceived upside relative to the market price at the time of publication. The bank pointed to sector-wide valuation levels and recent share price performance as key considerations, set against broader moves in European defence equities (Investing.com, 13 January 2026).
MarketWatch (US-listed line consensus)
MarketWatch, citing analyst estimates for Leonardo’s US-traded line FINMF, reports an average target price of around $58.09 based on 18 ratings, alongside earnings expectations for the 2025–2026 financial years. These estimates incorporate analyst assumptions on revenue growth, order backlog conversion and operating margins within defence and aerospace end markets (MarketWatch, 8 January 2026).
Wallet Investor (model-based projection)
Wallet Investor publishes a model-driven forecast that projects Leonardo’s share price through 2026 and beyond, including indicative levels above €60 in the near term and substantially higher figures in longer-dated scenarios. The site notes that its projections rely on quantitative trend analysis and historical price behaviour, rather than fundamental company research or traditional broker valuation methodologies (Wallet Investor, 12 January 2026).
Past performance or forecasts are not reliable indicators of future results and should not be the sole basis for an investment decision. Markets can move unpredictably, and analyst or model projections may prove inaccurate.
LDO stock price: Technical overview
The LDO stock price hovers around €57.56 as of 1:29pm UTC on 14 January 2026, holding above a rising cluster of daily moving averages, with the 20-, 50-, 100- and 200-day SMAs grouped near €52, €50, €50 and €49 respectively. RSI (14) near 69.1 sits towards the upper end of its recent range, while ADX (14) around 29 suggests an established trend environment rather than a clearly range-bound market.
On the upside, the nearest classic pivot resistance is located around €51.35 (R1), with higher reference levels such as €53.55 (R2) only becoming relevant following a sustained daily close above nearer resistance areas. On pullbacks, initial support is identified near the classic pivot around €48.09, with the 100-day SMA near €50 acting as an intermediate moving-average reference. Further support near €45.90 (S1) would come into focus only if these levels were breached on a closing basis (TradingView, 14 January 2026).
This technical analysis is provided for informational purposes only and does not constitute financial advice or a recommendation to buy or sell any instrument.
Leonardo share price history (2024–2026)
LDO’s stock price has undergone a sharp re-rating over the past two years, rising from around €17 in January 2024 to the high-€50s by mid-January 2026. The stock advanced steadily through 2024, moving from roughly €20 in late September to the mid-€20s by year-end, before accelerating in 2025. During that year, it climbed from just above €26 in early January to the low-€50s by early June, before continuing to trend higher into the high-€50s by December. By 14 January 2026, Leonardo closed at €57.72 after briefly touching €59 during the session.
Past performance is not a reliable indicator of future results.
Leonardo (LDO): Capital.com analyst view
Leonardo’s share price has experienced a pronounced re-rating over the past two years, moving from the high-teens in early 2024 to trade in the high-€50s by mid-January 2026. This move has coincided with a broader reassessment of European defence and aerospace equities, as market participants have focused on order backlogs, government spending plans and Leonardo’s position in specialised technologies. These trends have unfolded alongside periodic volatility, rather than in a straight line.
One potential support for the share price has been continued interest in defence exposure amid ongoing geopolitical tensions and budget commitments, which some participants view as supporting revenue visibility and earnings prospects. An alternative view is that any moderation in defence spending, delays to major programmes or shifts in political priorities could weigh on sentiment and compress valuations. Liquidity conditions and broader equity risk appetite may also act as a double-edged factor: periods of stronger risk appetite can direct flows towards industrial and cyclical names such as Leonardo, while risk-off phases, profit-taking or sector rotation could just as readily prompt pullbacks or amplify downside moves.
Capital.com’s client sentiment for Leonardo CFDs
As of 14 January 2026, Capital.com client positioning in Leonardo CFDs shows 95.6% buyers versus 4.4% sellers, representing a skew of 91.2 percentage points towards long positions. This indicates a heavily one-sided positioning profile, with long exposure dominating over short positions. This snapshot reflects open positions on Capital.com and can change over time.
Summary – Leonardo stock price
- Leonardo’s share price rose sharply during 2025, climbing from around €26 in early January to the low-€50s by December.
- Intraday trading ranges through late 2025 frequently extended several euros, highlighting periods of elevated volatility around earnings releases, macroeconomic developments and sector-specific headlines.
- Technical signals towards the end of 2025 showed the price holding above key daily moving averages clustered in the low-€50s, with momentum indicators suggesting a firm underlying trend.
- Analyst price targets looking into 2026 broadly spanned from the high-€40s to the high-€60s, reflecting differing views on defence spending trajectories, order visibility and margin outlooks.
Past performance is not a reliable indicator of future results.
FAQ
Who owns most of Leonardo’s stock?
Leonardo has a diversified shareholder base, with a significant stake held by the Italian Ministry of Economy and Finance, which remains the largest single shareholder. The remainder of the shares are widely held among institutional investors, asset managers and retail shareholders. Ownership levels can change over time as institutions rebalance portfolios or respond to company updates, broader market conditions or shifts within the European defence sector.
What is the five-year Leonardo share price forecast?
There is no single, reliable five-year share price forecast for Leonardo. Long-term projections vary widely and depend on assumptions around defence spending, programme execution, profitability and broader market conditions. Some third-party models extend estimates several years ahead, but these are inherently uncertain and sensitive to changing inputs. Longer-term forecasts should therefore be viewed as illustrative scenarios rather than specific or reliable expectations.
Is Leonardo a good stock to buy?
Whether Leonardo is considered a 'good' stock depends on an individual’s objectives, risk tolerance and market outlook. Some market participants focus on its exposure to defence and aerospace programmes and its recent share price performance, while others point to valuation levels, budget dependencies and execution risks. As with any listed company, potential opportunities are accompanied by risks, and assessments may differ depending on time horizon and prevailing market conditions.
Could Leonardo’s share price go up or down?
Leonardo’s share price can move both higher and lower, influenced by factors such as defence spending trends, contract announcements, earnings results, geopolitical developments and overall equity market sentiment. Broader sector revaluations, changes in investor risk appetite or shifts in government priorities may also affect price direction. As a publicly traded equity, its price is subject to volatility and does not move in a predictable or one-directional manner.
Should I invest in Leonardo stock?
This article does not provide investment advice or recommendations. Deciding whether to invest in Leonardo stock involves considering personal financial circumstances, investment goals and risk tolerance. Investors may also wish to assess factors such as valuation, earnings outlook, sector exposure and portfolio diversification. Seeking independent research or professional guidance can help place company-specific information into a broader financial context before making any decision.
Can I trade Leonardo CFDs on Capital.com?
Yes, you can trade Leonardo CFDs on Capital.com. Trading share CFDs lets you speculate on price movements without owning the underlying asset and to take long or short positions. However, contracts for difference (CFDs) are traded on margin, and leverage amplifies both profits and losses. You should ensure you understand how CFD trading works, assess your risk tolerance, and recognize that losses can occur quickly.