Wall Street Zen Upgrades Science Applications International (NASDAQ:SAIC) to “Strong-Buy”

Science Applications International (NASDAQ:SAIC) was upgraded by stock analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research report issued to clients and investors on Sunday, Wall Street Zen reports.

Several other analysts also recently issued reports on SAIC. Jefferies Financial Group increased their price target on Science Applications International from $115.00 to $130.00 and gave the company a “hold” rating in a report on Wednesday, August 19th. Weiss Ratings raised Science Applications International from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, August 24th. TD Cowen lowered their target price on Science Applications International from $130.00 to $125.00 and set a “hold” rating for the company in a research note on Tuesday, July 7th. Citigroup raised their target price on Science Applications International from $120.00 to $132.00 and gave the company a “buy” rating in a report on Tuesday, June 2nd. Finally, BNP Paribas Exane began coverage on Science Applications International in a report on Wednesday, May 27th. They issued a “neutral” rating and a $95.00 price target for the company. Two equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Science Applications International has an average rating of “Hold” and an average price target of $116.89.

Science Applications International Price Performance

SAIC opened at $128.22 on Friday. Science Applications International has a 52-week low of $81.08 and a 52-week high of $142.66. The company has a 50 day moving average of $118.57 and a two-hundred day moving average of $104.76. The company has a market cap of $5.42 billion, a P/E ratio of 14.44 and a beta of 0.28. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.73.

Science Applications International (NASDAQ:SAIC) last issued its earnings results on Monday, August 31st. The company reported $3.01 EPS for the quarter, beating analysts’ consensus estimates of $2.31 by $0.70. The business had revenue of $1.88 billion for the quarter, compared to the consensus estimate of $1.76 billion. Science Applications International had a net margin of 5.55% and a return on equity of 36.96%. The business’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter last year, the firm posted $3.63 EPS. On average, analysts expect that Science Applications International will post 10.01 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in SAIC. Islay Capital Management LLC acquired a new position in shares of Science Applications International during the fourth quarter valued at $971,000. Vanguard Group Inc. lifted its holdings in Science Applications International by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 4,554,957 shares of the company’s stock worth $458,502,000 after purchasing an additional 15,272 shares during the period. Seizert Capital Partners LLC lifted its holdings in Science Applications International by 122.4% in the fourth quarter. Seizert Capital Partners LLC now owns 107,922 shares of the company’s stock worth $10,863,000 after purchasing an additional 59,386 shares during the period. Dimensional Fund Advisors LP grew its position in Science Applications International by 13.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,535,288 shares of the company’s stock valued at $145,730,000 after buying an additional 185,066 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in Science Applications International by 17.5% during the 1st quarter. Bank of America Corp DE now owns 380,538 shares of the company’s stock valued at $36,121,000 after buying an additional 56,720 shares during the period. 76.00% of the stock is currently owned by institutional investors.

Trending Headlines about Science Applications International

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

• Positive Sentiment: Quarterly results beat estimates: SAIC reported adjusted earnings of $3.01 per share, ahead of consensus estimates ranging from $2.25 to $2.31. Revenue rose 6.3% year over year to $1.88 billion, exceeding the approximately $1.76 billion analyst expectation. SAIC Tops Q2 Earnings and Revenue Estimates
• Positive Sentiment: Growth was broad-based: Organic growth accelerated to 5.3%, with Defense and Intelligence revenue increasing 5% and Civilian revenue rising 9%. Management cited continued contract momentum across both customer groups. A Better Quarter Strengthens the Value Case
• Positive Sentiment: Fiscal 2027 guidance was raised: SAIC now expects full-year revenue of $7.2 billion to $7.3 billion and adjusted diluted EPS of $10.65 to $10.75. The company also reported approximately $1.2 billion in second-quarter net bookings and an estimated $22.1 billion backlog.
• Positive Sentiment: New contract wins supported the outlook: A roughly $740 million Homeland Security recompete announced after quarter-end added to investor confidence in future demand. SAIC Rises After Quarterly Beat and Higher Fiscal 2027 Guidance
• Neutral Sentiment: Profitability was mixed: Operating income and operating margin improved, but adjusted EBITDA margin declined and net income fell 20% year over year. The earnings decline was partly attributed to higher taxes, while reported EPS decreased from $3.63 in the prior-year quarter. 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.