Science Applications International (NASDAQ:SAIC) Price Target Raised to $130.00

Science Applications International (NASDAQ:SAIC) had its target price increased by investment analysts at Truist Financial from $110.00 to $130.00 in a research report issued to clients and investors on Tuesday, Benzinga reports. The firm presently has a “hold” rating on the stock. Truist Financial’s target price would indicate a potential upside of 2.12% from the stock’s previous close.

Several other analysts have also recently commented on SAIC. Citigroup raised their price target on shares of Science Applications International from $120.00 to $132.00 and gave the stock a “buy” rating in a report on Tuesday, June 2nd. BNP Paribas Exane started coverage on shares of Science Applications International in a research note on Wednesday, May 27th. They issued a “neutral” rating and a $95.00 price objective on the stock. Stifel Nicolaus set a $154.00 target price on shares of Science Applications International in a research report on Tuesday. Jefferies Financial Group lifted their target price on shares of Science Applications International from $115.00 to $130.00 and gave the company a “hold” rating in a research note on Wednesday, August 19th. Finally, JPMorgan Chase & Co. upped their price target on shares of Science Applications International from $110.00 to $125.00 and gave the stock a “neutral” rating in a research note on Tuesday, June 2nd. Two equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $123.33.

Science Applications International Stock Down 0.7%

NASDAQ:SAIC traded down $0.91 during trading hours on Tuesday, hitting $127.31. 206,401 shares of the company’s stock traded hands, compared to its average volume of 579,933. The stock’s fifty day moving average price is $118.57 and its two-hundred day moving average price is $104.76. The firm has a market cap of $5.38 billion, a P/E ratio of 14.36 and a beta of 0.28. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.16 and a current ratio of 1.16. Science Applications International has a twelve month low of $81.08 and a twelve month high of $142.66.

Science Applications International (NASDAQ:SAIC) last announced its quarterly earnings data on Monday, August 31st. The company reported $3.01 EPS for the quarter, topping analysts’ consensus estimates of $2.31 by $0.70. Science Applications International had a return on equity of 36.96% and a net margin of 5.55%.The firm had revenue of $1.88 billion during the quarter, compared to analyst estimates of $1.76 billion. During the same period last year, the company posted $3.63 EPS. The business’s quarterly revenue was up 6.3% compared to the same quarter last year. On average, research analysts expect that Science Applications International will post 10.01 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Science Applications International

Several hedge funds have recently bought and sold shares of the business. California State Teachers Retirement System lifted its position in shares of Science Applications International by 10,238.4% in the second quarter. California State Teachers Retirement System now owns 5,520,610 shares of the company’s stock worth $609,531,000 after buying an additional 5,467,211 shares during the last quarter. Norges Bank bought a new position in shares of Science Applications International in the 4th quarter valued at approximately $53,403,000. Fuller & Thaler Asset Management Inc. lifted its holdings in Science Applications International by 20.2% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 2,626,951 shares of the company’s stock worth $264,429,000 after purchasing an additional 441,296 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in Science Applications International in the 2nd quarter worth approximately $44,044,000. Finally, First Trust Advisors LP boosted its position in Science Applications International by 25.9% during the fourth quarter. First Trust Advisors LP now owns 1,912,390 shares of the company’s stock worth $192,501,000 after purchasing an additional 393,344 shares during the period. 76.00% of the stock is owned by institutional investors and hedge funds.

More Science Applications International News

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

• Positive Sentiment: SAIC reported fiscal Q2 FY2027 revenue of $1.88 billion, up 6.3% year over year and above analysts’ expectations. Adjusted EPS of $3.01 also exceeded consensus estimates, supporting the initial positive reaction in the stock. SAIC Tops Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management raised its FY2027 outlook, projecting revenue of approximately $7.2 billion to $7.3 billion and adjusted EPS of $10.65 to $10.75. The company also cited $1.2 billion in quarterly net bookings and an estimated $22.1 billion backlog, improving visibility into future sales. SAIC Rises After Quarterly Beat and Higher Fiscal 2027 Guidance
• Positive Sentiment: Growth was broad-based: Defense and Intelligence revenue increased 5%, while Civilian revenue rose 9%. A roughly $740 million Homeland Security recompete win announced after quarter-end further reinforced investor confidence in contract momentum. A Better Quarter Strengthens the Value Case
• Neutral Sentiment: Despite the earnings beat, net income declined 20% from the prior-year period, partly reflecting higher taxes. Operating income and operating margin improved, but adjusted EBITDA margin weakened, creating a mixed profitability picture. SAIC’s Earnings Dip in Second Quarter on Higher Taxes
• Negative Sentiment: UBS raised its SAIC price target from $108 to $123 but retained a “neutral” rating. The new target remains below the stock’s recent trading level, signaling that UBS views much of the improved outlook as already reflected in the valuation.

About Science Applications International

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.