Science Applications International (NASDAQ:SAIC) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Science Applications International (NASDAQ:SAIC) from a buy rating to a strong-buy rating in a research note published on Sunday,Wall Street Zen reports.

Several other equities research analysts have also commented on SAIC. JPMorgan Chase & Co. upped their price objective on Science Applications International from $110.00 to $125.00 and gave the stock a “neutral” rating in a research note on Tuesday, June 2nd. Citigroup lifted their target price on Science Applications International from $120.00 to $132.00 and gave the company a “buy” rating in a research report on Tuesday, June 2nd. Weiss Ratings raised Science Applications International from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, August 24th. Truist Financial restated a “hold” rating and issued a $110.00 price target (up from $95.00) on shares of Science Applications International in a research report on Tuesday, June 2nd. Finally, UBS Group raised their price objective on Science Applications International from $113.00 to $119.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 3rd. Two investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $124.44.

Science Applications International Trading Down 1.1%

Science Applications International stock opened at $126.78 on Friday. The business has a 50-day simple moving average of $119.01 and a two-hundred day simple moving average of $105.08. Science Applications International has a 52-week low of $81.08 and a 52-week high of $142.66. The company has a quick ratio of 1.16, a current ratio of 1.20 and a debt-to-equity ratio of 1.71. The company has a market cap of $5.36 billion, a P/E ratio of 14.83 and a beta of 0.30.

Science Applications International (NASDAQ:SAIC) last posted its quarterly earnings data on Monday, August 31st. The company reported $3.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.31 by $0.70. Science Applications International had a net margin of 5.13% and a return on equity of 34.68%. The company had revenue of $1.88 billion for the quarter, compared to the consensus estimate of $1.76 billion. During the same quarter last year, the firm posted $3.63 earnings per share. The firm’s revenue was up 6.3% compared to the same quarter last year. Analysts predict that Science Applications International will post 10.01 EPS for the current year.

Science Applications International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 23rd. Investors of record on Friday, October 9th will be given a $0.37 dividend. The ex-dividend date is Friday, October 9th. This represents a $1.48 dividend on an annualized basis and a yield of 1.2%. Science Applications International’s dividend payout ratio (DPR) is currently 17.31%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Los Angeles Capital Management LLC purchased a new stake in shares of Science Applications International during the fourth quarter valued at $25,000. Transamerica Financial Advisors LLC raised its stake 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 in the last quarter. Wexford Capital LP purchased a new stake in shares of Science Applications International in the third quarter valued at approximately $29,000. Rakuten Securities Inc. boosted its holdings in shares of Science Applications International by 1,915.4% in the second quarter. Rakuten Securities Inc. now owns 262 shares of the company’s stock valued at $30,000 after purchasing an additional 249 shares during the period. Finally, Global Retirement Partners LLC bought a new position in Science Applications International in the fourth quarter worth approximately $35,000. Hedge funds and other institutional investors own 76.00% of the company’s stock.

Key Stories Impacting Science Applications International

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

• Positive Sentiment: Quarterly results exceeded expectations. SAIC reported fiscal Q2 adjusted earnings of $3.01 per share versus the $2.31 consensus estimate, while revenue rose 6.3% year over year to $1.88 billion, above the $1.76 billion forecast. SAIC Analysts Raise Their Forecasts After Better-Than-Expected Q2 Earnings
• Positive Sentiment: Management raised fiscal 2027 guidance. SAIC now expects revenue of approximately $7.2 billion to $7.3 billion and adjusted EPS of $10.65 to $10.75. Second-quarter bookings were about $1.2 billion, and backlog reached roughly $22.1 billion, supporting confidence in future government-contract demand. SAIC rises after quarterly beat and higher fiscal 2027 guidance
• Positive Sentiment: Analysts increased their price targets. Jefferies lifted its target from $130 to $140, while Truist raised its target from $110 to $130. The revisions reflect improved estimates following the earnings beat and stronger outlook. SAIC Analysts Raise Their Forecasts After Better-Than-Expected Q2 Earnings
• Neutral Sentiment: Analyst sentiment remains cautious. Jefferies and Truist maintain “hold” ratings, and UBS raised its target from $108 to $123 while retaining a “neutral” rating. With SAIC trading above UBS’s target and near Truist’s target, some investors may see valuation upside as relatively limited. SAIC Analysts Raise Their Forecasts After Better-Than-Expected Q2 Earnings
• Negative Sentiment: Profitability weakened year over year. Despite higher revenue and a strong adjusted EPS beat, quarterly EPS declined from $3.63 in the prior-year period. Reports attributed the earnings decline to higher taxes, while adjusted EBITDA margin also slipped, tempering the otherwise favorable outlook. SAIC’s Earnings Dip In Second Quarter On Higher Taxes

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.