What is Zacks Research’s Forecast for SAIC Q3 Earnings?

Science Applications International Corporation (NASDAQ:SAIC) – Equities researchers at Zacks Research dropped their Q3 2027 earnings per share (EPS) estimates for shares of Science Applications International in a research report issued to clients and investors on Monday, September 21st. Zacks Research analyst Team now expects that the company will earn $2.30 per share for the quarter, down from their prior forecast of $2.42. The consensus estimate for Science Applications International’s current full-year earnings is $10.77 per share. Zacks Research also issued estimates for Science Applications International’s Q4 2027 earnings at $2.16 EPS, FY2027 earnings at $10.70 EPS, Q1 2028 earnings at $2.65 EPS, Q2 2028 earnings at $2.64 EPS, Q3 2028 earnings at $2.75 EPS, FY2028 earnings at $10.74 EPS, Q1 2029 earnings at $2.84 EPS, Q2 2029 earnings at $2.85 EPS and FY2029 earnings at $11.70 EPS.

Science Applications International (NASDAQ:SAIC) last issued its quarterly earnings data on Monday, August 31st. The company reported $3.01 earnings per share for the quarter, topping analysts’ consensus estimates of $2.31 by $0.70. Science Applications International had a return on equity of 34.68% and a net margin of 5.13%.The firm had revenue of $1.88 billion for the quarter, compared to analyst estimates of $1.76 billion. During the same period last year, the company earned $3.63 EPS. The business’s quarterly revenue was up 6.3% compared to the same quarter last year.

Other equities analysts have also recently issued research reports about the stock. Jefferies Financial Group boosted their price target on shares of Science Applications International from $130.00 to $140.00 and gave the company a “hold” rating in a research report on Tuesday, September 1st. The Goldman Sachs Group lifted their price objective on Science Applications International from $93.00 to $103.00 and gave the company a “sell” rating in a research report on Tuesday, September 8th. Citigroup increased their target price on Science Applications International from $120.00 to $132.00 and gave the stock a “buy” rating in a research report on Tuesday, June 2nd. Weiss Ratings upgraded Science Applications International from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, August 24th. Finally, Wall Street Zen lowered Science Applications International from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 19th. Two equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $125.22.

Science Applications International Stock Up 2.5%

Shares of NASDAQ SAIC opened at $132.96 on Tuesday. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 1.71. Science Applications International has a 12 month low of $81.08 and a 12 month high of $142.66. The firm has a market capitalization of $5.57 billion, a PE ratio of 15.55 and a beta of 0.30. The firm has a fifty day simple moving average of $124.88 and a two-hundred day simple moving average of $109.66.

Science Applications International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 23rd. Shareholders of record on Friday, October 9th will be paid a dividend of $0.37 per share. The ex-dividend date of this dividend is Friday, October 9th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.1%. Science Applications International’s dividend payout ratio (DPR) is currently 17.31%.

Insider Activity

In other Science Applications International news, Director C. David Cush bought 1,000 shares of the stock in a transaction dated Tuesday, September 22nd. The stock was purchased at an average cost of $132.50 per share, for a total transaction of $132,500.00. Following the completion of the acquisition, the director owned 1,000 shares of the company’s stock, valued at approximately $132,500. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.65% of the company’s stock.

Institutional Trading of Science Applications International

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Rothschild Investment LLC boosted its holdings in Science Applications International by 304.9% in the fourth quarter. Rothschild Investment LLC now owns 745 shares of the company’s stock worth $75,000 after acquiring an additional 561 shares in the last quarter. Hantz Financial Services Inc. increased its holdings in shares of Science Applications International by 94.2% during the fourth quarter. Hantz Financial Services Inc. now owns 903 shares of the company’s stock valued at $91,000 after acquiring an additional 438 shares in the last quarter. Versant Capital Management Inc raised its position in shares of Science Applications International by 155.7% in the 2nd quarter. Versant Capital Management Inc now owns 854 shares of the company’s stock worth $94,000 after purchasing an additional 520 shares during the last quarter. GAMMA Investing LLC raised its position in shares of Science Applications International by 86.9% in the 2nd quarter. GAMMA Investing LLC now owns 1,226 shares of the company’s stock worth $135,000 after purchasing an additional 570 shares during the last quarter. Finally, First Command Advisory Services Inc. boosted its stake in Science Applications International by 32.4% in the 4th quarter. First Command Advisory Services Inc. now owns 1,592 shares of the company’s stock worth $160,000 after purchasing an additional 390 shares in the last quarter. Hedge funds and other institutional investors own 76.00% of the company’s stock.

Trending Headlines about Science Applications International

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

• Positive Sentiment: Director C. David Cush purchased 1,000 SAIC shares at an average price of $132.50, investing $132,500. The open-market purchase may signal confidence in the company’s outlook and valuation. The transaction was disclosed in an SEC Form 4 filing.
• Positive Sentiment: Zacks Research raised several longer-term earnings forecasts, including FY2027 EPS to $10.70 from $9.98, FY2028 EPS to $10.74 from $10.53, and FY2029 EPS to $11.70 from $11.63. Higher estimates suggest improved expectations for future profitability.
• Positive Sentiment: SAIC recently reported quarterly EPS of $3.01, well above the $2.31 consensus estimate, while revenue of $1.88 billion exceeded expectations and increased 6.3% year over year. The company also declared a quarterly dividend of $0.37 per share, equivalent to a 1.1% annual yield.
• Neutral Sentiment: Institutional ownership remains substantial at approximately 76%. Several large investors, including Bank of America, Dimensional Fund Advisors, and Cetera Investment Advisers, recently increased their positions, providing a measure of institutional support.
• Negative Sentiment: Zacks lowered some quarterly forecasts, including Q3 FY2027 EPS to $2.30 from $2.42, Q4 FY2027 to $2.16 from $2.18, and Q3 FY2028 to $2.75 from $2.81. These cuts point to uneven near-term earnings momentum.
• Negative Sentiment: SAIC’s consensus analyst rating remains “Hold,” with an average price target of $125.22—below recent trading levels—suggesting that much of the company’s strong performance may already be reflected in the stock.

About Science Applications International

Science Applications International Corporation (SAIC) is a technology integrator and government services contractor that provides mission-critical solutions to the U.S. government. The company supports defense, intelligence, space, civilian, and federal law enforcement organizations with services designed to improve operational performance, modernize legacy systems, and address complex national security and public-sector challenges.

SAIC’s offerings include information technology modernization, cloud computing, cybersecurity, artificial intelligence and data analytics, digital engineering, software development, systems integration, and enterprise IT services.