UBS Group Increases Science Applications International (NASDAQ:SAIC) Price Target to $119.00

Science Applications International (NASDAQ:SAIC) had its price target lifted by UBS Group from $113.00 to $119.00 in a research note issued on Wednesday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. UBS Group’s price objective points to a potential upside of 4.54% from the stock’s previous close.

Other research analysts also recently issued reports about the stock. Stifel Nicolaus decreased their target price on shares of Science Applications International from $128.00 to $120.00 and set a “buy” rating for the company in a research report on Tuesday, March 17th. The Goldman Sachs Group reduced their target price on shares of 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. Truist Financial reiterated a “hold” rating and issued a $110.00 target price (up from $95.00) on shares of Science Applications International in a research report on Tuesday. BNP Paribas Exane initiated coverage on shares of Science Applications International in a research report on Wednesday, May 27th. They set a “neutral” rating and a $95.00 price objective for the company. Finally, Wall Street Zen cut shares of Science Applications International from a “buy” rating to a “hold” rating in a research report on Sunday, April 12th. Three investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $114.00.

Science Applications International Stock Up 0.4%

Shares of NASDAQ SAIC traded up $0.47 during trading hours on Wednesday, hitting $113.83. 282,252 shares of the stock were exchanged, compared to its average volume of 616,616. The company has a market cap of $4.94 billion, a PE ratio of 12.83 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 quick ratio of 1.20, a current ratio of 1.16 and a debt-to-equity ratio of 1.73. The firm has a fifty day moving average price of $96.79 and a 200-day moving average price of $96.91.

Science Applications International (NASDAQ:SAIC) last released its earnings results on Monday, June 1st. The company reported $3.23 earnings per share for the quarter, topping the consensus estimate of $2.26 by $0.97. The company had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $1.82 billion. Science Applications International had a net margin of 5.55% and a return on equity of 36.96%. Science Applications International’s revenue was up 1.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.42 EPS. Science Applications International has set its FY 2027 guidance at 9.900-10.100 EPS. On average, sell-side analysts expect that Science Applications International will post 10 EPS for the current year.

Institutional Investors Weigh In On Science Applications International

A number of institutional investors have recently made changes to their positions in SAIC. Los Angeles Capital Management LLC acquired a new stake in shares of Science Applications International during the fourth quarter valued at about $25,000. Transamerica Financial Advisors LLC increased its position in shares of Science Applications International by 477.8% during the fourth quarter. Transamerica Financial Advisors LLC now owns 260 shares of the company’s stock valued at $26,000 after acquiring an additional 215 shares during the last quarter. Wexford Capital LP acquired a new stake in shares of Science Applications International during the third quarter valued at about $29,000. Rakuten Securities Inc. increased its position in shares of Science Applications International by 1,915.4% during the second quarter. Rakuten Securities Inc. now owns 262 shares of the company’s stock valued at $30,000 after acquiring an additional 249 shares during the last quarter. Finally, Global Retirement Partners LLC acquired a new stake in shares of Science Applications International during the fourth quarter valued at about $35,000. 76.00% of the stock is currently 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 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

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.