Home Stock Ideas Long Ideas Industrial  Summary Leonardo remains a Buy with a new $70.57 price target, implying 15% upside based on a refined 3-year EV/EBITDA valuation. Leonardo exceeded 2025 guidance, posting 10.9% revenue growth, 18.2% EBITA growth, and 20.5% free cash flow growth, with strong order momentum across segments. Margin expansion is underway, with EBITDA margins expected to rise steadily and free cash flow inflecting in 2027; net cash position anticipated by 2027. Multi-domain presence, especially in cyber and joint ventures, positions Leonardo to capitalize on global and European defense spending growth. Looking for a helping hand in the market? Members of The Aerospace Forum get exclusive ideas and guidance to navigate any climate. Learn More » gettinthere/iStock via Getty Images Shares of European aerospace and defense giant Leonardo S.p.a. ( FINMY )( FINMF ) has gained 3.7% since my last report . The stock reached a 52-week high of $75.88, which was less than $2 below my price target.…