Science Applications International (NYSE:SAIC) Issues FY 2026 Earnings Guidance

Science Applications International (NYSE:SAIC) updated its FY 2026 earnings guidance on Friday. The company provided EPS guidance of 8.900-9.100 for the period. The company issued revenue guidance of $7.6 billion-$7.8 billion. Science Applications International also updated its FY 2027 guidance to 9.900-10.100 EPS.

Analysts Set New Price Targets

Several research firms have weighed in on SAIC. StockNews.com downgraded shares of Science Applications International from a buy rating to a hold rating in a research report on Tuesday. Truist Financial reissued a hold rating and issued a $130.00 price objective on shares of Science Applications International in a research note on Friday. Wells Fargo & Company increased their price objective on shares of Science Applications International from $141.00 to $143.00 and gave the stock an equal weight rating in a research note on Tuesday, March 19th. The Goldman Sachs Group reduced their price objective on shares of Science Applications International from $113.00 to $110.00 and set a sell rating for the company in a research note on Thursday, February 29th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Science Applications International from $142.00 to $140.00 and set a neutral rating for the company in a research note on Tuesday, March 19th. One investment analyst has rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. According to MarketBeat.com, Science Applications International has a consensus rating of Hold and an average price target of $127.60.

Science Applications International Price Performance

SAIC traded down $2.78 during trading on Friday, hitting $123.58. 225,739 shares of the company traded hands, compared to its average volume of 296,708. The company has a market cap of $6.38 billion, a PE ratio of 14.17 and a beta of 0.70. The stock’s 50-day simple moving average is $133.76 and its two-hundred day simple moving average is $123.98. Science Applications International has a 1 year low of $95.43 and a 1 year high of $145.17. The company has a current ratio of 0.98, a quick ratio of 0.97 and a debt-to-equity ratio of 1.13.

Science Applications International (NYSE:SAIC) last posted its earnings results on Monday, March 18th. The information technology services provider reported $1.43 earnings per share for the quarter, missing the consensus estimate of $1.44 by ($0.01). The company had revenue of $1.74 billion for the quarter, compared to analysts’ expectations of $1.64 billion. Science Applications International had a net margin of 6.41% and a return on equity of 23.73%. The business’s revenue was down 11.7% on a year-over-year basis. During the same period in the previous year, the business posted $2.04 earnings per share. As a group, sell-side analysts anticipate that Science Applications International will post 8.11 earnings per share for the current fiscal year.

Science Applications International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 26th. Investors of record on Friday, April 12th will be paid a dividend of $0.37 per share. The ex-dividend date of this dividend is Thursday, April 11th. This represents a $1.48 annualized dividend and a yield of 1.20%. Science Applications International’s payout ratio is 16.72%.

Insider Activity at Science Applications International

In other Science Applications International news, Director Katharina G. Mcfarland sold 760 shares of Science Applications International stock in a transaction on Friday, April 12th. The shares were sold at an average price of $125.64, for a total value of $95,486.40. Following the completion of the transaction, the director now directly owns 8,653 shares of the company’s stock, valued at approximately $1,087,162.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 1.29% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Science Applications International

A number of institutional investors and hedge funds have recently made changes to their positions in SAIC. Norges Bank purchased a new position in shares of Science Applications International in the 4th quarter worth $60,582,000. Wellington Management Group LLP lifted its holdings in shares of Science Applications International by 9.4% in the 1st quarter. Wellington Management Group LLP now owns 5,699,458 shares of the information technology services provider’s stock worth $525,321,000 after acquiring an additional 491,167 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Science Applications International by 2,399.5% in the 1st quarter. Envestnet Asset Management Inc. now owns 418,074 shares of the information technology services provider’s stock worth $1,857,000 after acquiring an additional 401,348 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Science Applications International by 3,897.3% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 100,932 shares of the information technology services provider’s stock worth $9,303,000 after acquiring an additional 98,407 shares during the last quarter. Finally, BlackRock Inc. lifted its holdings in shares of Science Applications International by 2.0% in the 1st quarter. BlackRock Inc. now owns 4,887,542 shares of the information technology services provider’s stock worth $450,486,000 after acquiring an additional 94,874 shares during the last quarter. 76.00% of the stock is owned by hedge funds and other institutional investors.

About Science Applications International

Science Applications International Corporation provides technical, engineering, and enterprise information technology (IT) services primarily in the United States. The company's offerings include IT modernization; digital engineering; artificial intelligence; Weapon systems support design, build, modify, integrate, and sustain weapon systems; and end-to-end services, such as design, development, integration, deployment, management and operations, sustainment, and security of its customers' IT infrastructure, as well as training and simulation and ground vehicles support which integrates, modify, upgrades, and sustains ground vehicles for nation's armed forces.