FY2026 Earnings Forecast for SAIC Issued By Zacks Research

Science Applications International Co. (NYSE:SAIC - Free Report) - Equities researchers at Zacks Research reduced their FY2026 earnings per share (EPS) estimates for shares of Science Applications International in a research note issued on Monday, June 23rd. Zacks Research analyst R. Department now forecasts that the information technology services provider will post earnings per share of $9.12 for the year, down from their previous estimate of $9.18. The consensus estimate for Science Applications International's current full-year earnings is $8.27 per share. Zacks Research also issued estimates for Science Applications International's Q1 2027 earnings at $2.28 EPS and FY2027 earnings at $10.05 EPS.

Science Applications International (NYSE:SAIC - Get Free Report) last issued its earnings results on Monday, June 2nd. The information technology services provider reported $1.92 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.17 by ($0.25). Science Applications International had a net margin of 4.11% and a return on equity of 24.18%. The company's revenue for the quarter was up 1.6% on a year-over-year basis. During the same period in the prior year, the company posted $1.92 EPS.

Several other brokerages also recently issued reports on SAIC. Stifel Nicolaus initiated coverage on Science Applications International in a research note on Tuesday, June 24th. They set a "buy" rating and a $130.00 target price on the stock. Truist Financial decreased their target price on Science Applications International from $115.00 to $100.00 and set a "hold" rating on the stock in a research note on Tuesday, June 3rd. Wells Fargo & Company raised their price target on Science Applications International from $132.00 to $137.00 and gave the company an "overweight" rating in a report on Wednesday, June 4th. UBS Group cut their price target on Science Applications International from $121.00 to $111.00 and set a "neutral" rating for the company in a report on Tuesday, June 3rd. Finally, Jefferies Financial Group raised their price target on Science Applications International from $120.00 to $130.00 and gave the company a "hold" rating in a report on Thursday, May 15th. One analyst has rated the stock with a sell rating, six have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $124.73.

Science Applications International Price Performance

SAIC traded up $0.08 on Thursday, hitting $109.24. 685,453 shares of the company's stock traded hands, compared to its average volume of 544,132. The company's 50 day simple moving average is $113.77 and its 200-day simple moving average is $111.10. The firm has a market cap of $5.12 billion, a price-to-earnings ratio of 18.42 and a beta of 0.50. Science Applications International has a one year low of $94.68 and a one year high of $156.34. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.20.

Institutional Investors Weigh In On Science Applications International

Institutional investors and hedge funds have recently bought and sold shares of the company. Parallel Advisors LLC raised its position in Science Applications International by 112.1% during the 1st quarter. Parallel Advisors LLC now owns 280 shares of the information technology services provider's stock valued at $31,000 after purchasing an additional 148 shares in the last quarter. US Bancorp DE raised its position in Science Applications International by 38.5% during the 1st quarter. US Bancorp DE now owns 324 shares of the information technology services provider's stock valued at $36,000 after purchasing an additional 90 shares in the last quarter. Larson Financial Group LLC raised its position in shares of Science Applications International by 43.2% in the 1st quarter. Larson Financial Group LLC now owns 325 shares of the information technology services provider's stock worth $36,000 after acquiring an additional 98 shares in the last quarter. True Wealth Design LLC bought a new position in shares of Science Applications International in the 4th quarter worth $48,000. Finally, Fifth Third Bancorp raised its position in shares of Science Applications International by 22.7% in the 1st quarter. Fifth Third Bancorp now owns 475 shares of the information technology services provider's stock worth $53,000 after acquiring an additional 88 shares in the last quarter. 76.00% of the stock is owned by institutional investors.

Insider Transactions at Science Applications International

In other Science Applications International news, Director Carolyn B. Handlon acquired 230 shares of the company's stock in a transaction that occurred on Monday, April 7th. The stock was bought at an average price of $109.93 per share, for a total transaction of $25,283.90. Following the acquisition, the director now directly owns 4,032 shares in the company, valued at $443,237.76. The trade was a 6.05% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Garth Graham bought 215 shares of the firm's stock in a transaction on Monday, April 14th. The shares were purchased at an average cost of $116.75 per share, with a total value of $25,101.25. Following the completion of the transaction, the director now owns 7,159 shares in the company, valued at $835,813.25. This represents a 3.10% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders purchased 660 shares of company stock worth $75,433. 0.44% of the stock is currently owned by company insiders.

Science Applications International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 25th. Stockholders of record on Friday, July 11th will be issued a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.35%. The ex-dividend date is Friday, July 11th. Science Applications International's dividend payout ratio (DPR) is 20.76%.

Science Applications International Company Profile

Science Applications International Corporation provides technical, engineering, and enterprise information technology (IT) services primarily in the United States. The company's offerings include IT modernization; digital engineering; artificial intelligence; Weapon systems support design, build, modify, integrate, and sustain weapon systems; and end-to-end services, such as design, development, integration, deployment, management and operations, sustainment, and security of its customers' IT infrastructure, as well as training and simulation and ground vehicles support which integrates, modify, upgrades, and sustains ground vehicles for nation's armed forces.