Science Applications International Corporation (NASDAQ:SAIC) Receives $109.20 Average Target Price from Analysts

Shares of Science Applications International Corporation (NASDAQ:SAIC) have been given a consensus recommendation of “Hold” by the twelve brokerages that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $113.40.

Several brokerages have issued reports on SAIC. Citigroup boosted their target price on Science Applications International from $120.00 to $132.00 and gave the company a “buy” rating in a research report on Tuesday. BNP Paribas Exane began coverage on Science Applications International in a research report on Wednesday, May 27th. They set a “neutral” rating and a $95.00 target price for the company. The Goldman Sachs Group dropped their target price on Science Applications International from $94.00 to $82.00 and set a “sell” rating for the company in a research report on Thursday, February 12th. Wall Street Zen lowered Science Applications International from a “buy” rating to a “hold” rating in a report on Sunday, April 12th. Finally, Truist Financial reiterated a “hold” rating and issued a $110.00 price target (up from $95.00) on shares of Science Applications International in a report on Tuesday.

Key Science Applications International News

Here are the key news stories impacting Science Applications International this week:

• Positive Sentiment: SAIC delivered a major earnings beat, reporting adjusted EPS of $3.23 versus $2.26 expected and revenue of $1.91 billion versus $1.82 billion expected, highlighting better-than-expected operating performance.
• Positive Sentiment: The company raised FY2027 guidance for adjusted EBITDA, margin, and adjusted EPS, signaling management confidence in continued profitability improvement and stronger shareholder returns.
• Positive Sentiment: Margins expanded sharply, with adjusted EBITDA margin rising to 11.6% from 8.4% a year ago, driven by improved profitability across the contract portfolio and lower SG&A expenses.
• Positive Sentiment: Bookings remained healthy at $2.1 billion with a book-to-bill ratio of 1.1, and backlog increased to about $22.9 billion, supporting future revenue visibility.
• Positive Sentiment: Several analysts turned more constructive after the report: Citigroup raised its target to $132 and kept a buy rating, while JPMorgan lifted its target to $125, reinforcing the positive earnings reaction.
• Neutral Sentiment: Truist reaffirmed its hold rating but increased its price target to $110, suggesting the stock may already reflect much of the near-term upside.
• Neutral Sentiment: One leadership change in the Civilian business group was disclosed, but it appears to be an organizational update rather than a major fundamental issue.
• Negative Sentiment: Organic revenue growth was only 0.5% after adjusting for the SilverEdge acquisition, showing that underlying top-line growth remains modest despite the earnings strength.

Institutional Trading of Science Applications International

A number of hedge funds have recently bought and sold shares of SAIC. LSV Asset Management increased its position in shares of Science Applications International by 20.2% during the third quarter. LSV Asset Management now owns 1,565,035 shares of the company’s stock worth $155,518,000 after purchasing an additional 263,006 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Science Applications International by 43.9% during the third quarter. JPMorgan Chase & Co. now owns 175,961 shares of the company’s stock worth $17,485,000 after purchasing an additional 53,684 shares in the last quarter. Allspring Global Investments Holdings LLC increased its position in shares of Science Applications International by 19.9% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 216,067 shares of the company’s stock worth $21,870,000 after purchasing an additional 35,814 shares in the last quarter. First Trust Advisors LP increased its position in shares of Science Applications International by 3.7% during the third quarter. First Trust Advisors LP now owns 1,519,046 shares of the company’s stock worth $150,947,000 after purchasing an additional 53,895 shares in the last quarter. Finally, Allianz Asset Management GmbH increased its position in shares of Science Applications International by 76.2% during the third quarter. Allianz Asset Management GmbH now owns 219,655 shares of the company’s stock worth $21,827,000 after purchasing an additional 94,978 shares in the last quarter. Hedge funds and other institutional investors own 76.00% of the company’s stock.

Science Applications International Trading Down 1.5%

SAIC opened at $113.36 on Friday. The firm has a market cap of $4.92 billion, a P/E ratio of 12.77 and a beta of 0.30. Science Applications International has a 12 month low of $81.08 and a 12 month high of $123.41. The company has a current ratio of 1.16, a quick ratio of 1.20 and a debt-to-equity ratio of 1.73. The stock has a 50-day moving average of $96.79 and a 200 day moving average of $96.91.

Science Applications International (NASDAQ:SAIC) last released its quarterly earnings results on Monday, June 1st. The company reported $3.23 EPS for the quarter, topping the consensus estimate of $2.26 by $0.97. The company had revenue of $1.91 billion during the quarter, compared to analyst estimates of $1.82 billion. Science Applications International had a return on equity of 36.96% and a net margin of 5.55%.The firm’s revenue was up 1.5% on a year-over-year basis. During the same quarter last year, the business posted $1.42 earnings per share. Science Applications International has set its FY 2027 guidance at 9.900-10.100 EPS. As a group, research analysts forecast that Science Applications International will post 10 EPS for the current year.

Science Applications International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 24th. Investors of record on Friday, July 10th will be issued a $0.37 dividend. The ex-dividend date is Friday, July 10th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.3%. Science Applications International’s payout ratio is presently 19.25%.

Science Applications International Company Profile

Science Applications International Corp. (SAIC) is a leading provider of technical, engineering, and enterprise IT services to the U.S. government, including the Department of Defense, the intelligence community, and civilian agencies. The company’s core offerings encompass systems engineering and integration, mission support, cybersecurity, data analytics, and cloud solutions. SAIC’s work spans the full program lifecycle, from research and development to deployment and sustainment, addressing complex defense, space, and national security challenges.

Founded in 1969 by J.