Science Applications International (SAIC) News Today

Science Applications International Corporation (NASDAQ: SAIC) shares are rising after a strong first-quarter earnings report and a wave of upbeat analyst commentary.

• Positive Sentiment: SAIC beat expectations with Q1 EPS of $3.23 versus $2.26 expected and revenue of $1.91 billion versus $1.82 billion estimated, while also raising its FY2027 EPS guidance to $9.90-$10.10. The better-than-expected results and improved outlook are the main drivers behind investor optimism. Article Title
• Positive Sentiment: Citigroup raised its price target on SAIC to $132 and reiterated a buy rating, while JPMorgan lifted its target to $125. These higher targets suggest Wall Street sees additional upside after the earnings beat. Article Title
• Positive Sentiment: The U.S. Navy awarded SAIC a $50.6 million torpedo defense services task order, adding another contract win that supports the company’s government-services backlog and revenue visibility. Article Title
• Neutral Sentiment: Truist reaffirmed its hold rating on SAIC, though it increased its price target to $110 from $95. That suggests the firm is more constructive on valuation, but it still sees limited near-term upside relative to other analysts. Article Title

Overall, SAIC’s stock is being supported by earnings momentum, higher guidance, and fresh analyst target increases, with the new Navy contract adding another positive catalyst. Some investors may still be watching how sustainable the margin improvement is after the recent rally.