Science Applications International (NASDAQ:SAIC) Given New $130.00 Price Target at Truist Financial

Key Points

• Truist Financial raised its SAIC price target from $110 to $130 while maintaining a “hold” rating; the target implies only 2.12% upside from the stock’s $127.31 trading price.
• SAIC beat quarterly expectations, reporting $3.01 adjusted EPS versus $2.31 expected and $1.88 billion in revenue versus $1.76 billion forecast. Revenue increased 6.3% year over year, although net income declined 20%.
• Analyst sentiment remains cautious, with two Buy, eight Hold, and one Sell rating and an average price target of $123.33. Institutional investors own approximately 76% of the stock.

Science Applications International (NASDAQ:SAIC - Get Free Report) had its price objective hoisted by analysts at Truist Financial from $110.00 to $130.00 in a report released on Tuesday, Benzinga reports. The firm currently has a "hold" rating on the stock. Truist Financial's target price points to a potential upside of 2.12% from the company's current price.

Several other research firms have also recently issued reports on SAIC. BNP Paribas Exane assumed coverage on shares of Science Applications International in a report on Wednesday, May 27th. They issued a "neutral" rating and a $95.00 price objective for the company. TD Cowen restated a "hold" rating on shares of Science Applications International in a research report on Monday. Citigroup increased their price target on Science Applications International from $120.00 to $132.00 and gave the company a "buy" rating in a research note on Tuesday, June 2nd. Jefferies Financial Group lifted their price target on Science Applications International from $115.00 to $130.00 and gave the company a "hold" rating in a research report on Wednesday, August 19th. Finally, Weiss Ratings raised Science Applications International from a "hold (c)" rating to a "hold (c+)" rating in a research note on Monday, August 24th. Two 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.com, Science Applications International has an average rating of "Hold" and an average price target of $123.33.

Science Applications International Stock Performance

NASDAQ SAIC traded down $0.91 during trading hours on Tuesday, hitting $127.31. The company had a trading volume of 206,401 shares, compared to its average volume of 579,933. Science Applications International has a fifty-two week low of $81.08 and a fifty-two week high of $142.66. The firm has a market cap of $5.38 billion, a P/E ratio of 14.36 and a beta of 0.28. The business has a fifty day simple moving average of $118.57 and a 200-day simple moving average of $104.76. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.73.

Science Applications International (NASDAQ:SAIC - Get Free Report) last issued its quarterly earnings data on Monday, August 31st. The company reported $3.01 earnings per share for the quarter, beating analysts' consensus estimates of $2.31 by $0.70. The business had revenue of $1.88 billion for the quarter, compared to analysts' expectations of $1.76 billion. Science Applications International had a net margin of 5.55% and a return on equity of 36.96%. The company's revenue was up 6.3% on a year-over-year basis. During the same period in the previous year, the business earned $3.63 earnings per share. Equities analysts predict that Science Applications International will post 10.01 EPS for the current year.

Institutional Investors Weigh In On Science Applications International

A number of institutional investors and hedge funds have recently modified their holdings of SAIC. Cresset Asset Management LLC boosted its position in shares of Science Applications International by 4.4% in the 2nd quarter. Cresset Asset Management LLC now owns 2,075 shares of the company's stock valued at $234,000 after purchasing an additional 88 shares during the period. Focus Partners Wealth raised its holdings in shares of Science Applications International by 3.3% during the first quarter. Focus Partners Wealth now owns 2,900 shares of the company's stock valued at $326,000 after acquiring an additional 94 shares during the period. International Assets Investment Management LLC raised its holdings in shares of Science Applications International by 5.5% during the fourth quarter. International Assets Investment Management LLC now owns 2,120 shares of the company's stock valued at $213,000 after acquiring an additional 111 shares during the period. Sequoia Financial Advisors LLC lifted its position in shares of Science Applications International by 3.8% in the 4th quarter. Sequoia Financial Advisors LLC now owns 3,173 shares of the company's stock valued at $319,000 after acquiring an additional 115 shares in the last quarter. Finally, New York State Common Retirement Fund lifted its position in shares of Science Applications International by 0.5% in the 4th quarter. New York State Common Retirement Fund now owns 30,468 shares of the company's stock valued at $3,067,000 after acquiring an additional 151 shares in the last quarter. 76.00% of the stock is owned by institutional investors and hedge funds.

Science Applications International News Summary

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.

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