Science Applications International Corp

SAIC's stock climbed to a 52-week high of $128.07 after gaining 39% over the past six months and 26% year-to-date. In the first quarter of fiscal 2027, SAIC beat expectations with EPS of $3.23 (expectation $2.28) and revenue of $1.91 billion (expectation $1.82 billion). Stifel raised the price target from $120 to $137 and affirmed the rating. » Más en de.investing.com

SAIC reported Q1 results that significantly beat estimates and raised its guidance. The drivers are high-margin IT contract business with the US Department of Defense and increasing AI deployments, which are sustainably boosting profitability. The release triggered a sharp share-price jump on heavy volume. » Más en finanzen.net

Science Applications International has appointed Paul Eremenko and Admiral Michael Rogers to its board; the body will grow from eleven to thirteen members and both will sit on the audit and technology committees. Eremenko is CEO of P-1 AI and brings experience from Airbus, Google and other technology firms, while Rogers served as director of the NSA and commander of U.S. Cyber Command. SAIC reported adjusted EPS of USD 2.62 for Q4, beating expectations, while revenue of USD 1.75 billion narrowly missed estimates; analysts have therefore adjusted price targets. Both new directors will receive standard compensation for non-executive directors and are eligible to participate in the deferred compensation plan. » Más en de.investing.com