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

Science Applications International (NYSE:SAIC) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share 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.

Analyst Ratings Changes

SAIC has been the topic of a number of research analyst reports. Truist Financial reiterated a hold rating and set a $130.00 target price on shares of Science Applications International in a research report on Friday. JPMorgan Chase & Co. decreased their target price on Science Applications International from $142.00 to $140.00 and set a neutral rating on the stock in a research report on Tuesday, March 19th. StockNews.com downgraded Science Applications International from a buy rating to a hold rating in a research report on Tuesday, April 9th. Wells Fargo & Company boosted their target price on Science Applications International from $141.00 to $143.00 and gave the stock an equal weight rating in a research report on Tuesday, March 19th. Finally, The Goldman Sachs Group decreased their target price on Science Applications International from $113.00 to $110.00 and set a sell rating on the stock in a research report on Thursday, February 29th. One equities research analyst has rated the stock with a sell rating and five have assigned a hold rating to the stock. According to MarketBeat, the company presently has an average rating of Hold and an average price target of $127.60.

Science Applications International Stock Down 2.2 %

Shares of NYSE:SAIC opened at $123.58 on Monday. The company has a quick ratio of 0.97, a current ratio of 0.98 and a debt-to-equity ratio of 1.13. Science Applications International has a 52-week low of $95.43 and a 52-week high of $145.17. The stock’s fifty day simple moving average is $133.65 and its 200-day simple moving average is $124.37. The company has a market capitalization of $6.38 billion, a P/E ratio of 13.96 and a beta of 0.70.

Science Applications International (NYSE:SAIC) last issued its quarterly earnings data on Monday, March 18th. The information technology services provider reported $1.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.44 by ($0.01). Science Applications International had a net margin of 6.41% and a return on equity of 23.73%. The company had revenue of $1.74 billion during the quarter, compared to analysts’ expectations of $1.64 billion. During the same quarter in the prior year, the company earned $2.04 earnings per share. The firm’s revenue was down 11.7% compared to the same quarter last year. As a group, equities research analysts forecast that Science Applications International will post 8.11 earnings per share for the current fiscal year.

Science Applications International Announces Dividend

The firm 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 $0.37 dividend. 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 currently 16.72%.

Insider Activity at Science Applications International

In related news, Director Katharina G. Mcfarland sold 760 shares of the company’s stock in a transaction on Friday, April 12th. The stock was 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 in the company, valued at $1,087,162.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.29% of the company’s stock.

Hedge Funds Weigh In On Science Applications International

Several institutional investors have recently added to or reduced their stakes in SAIC. Norges Bank acquired a new position in Science Applications International in the fourth quarter valued at $60,582,000. Wellington Management Group LLP increased its stake in Science Applications International by 9.4% in the first quarter. Wellington Management Group LLP now owns 5,699,458 shares of the information technology services provider’s stock valued at $525,321,000 after purchasing an additional 491,167 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in Science Applications International by 2,399.5% in the first quarter. Envestnet Asset Management Inc. now owns 418,074 shares of the information technology services provider’s stock valued at $1,857,000 after purchasing an additional 401,348 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its stake in Science Applications International by 3,897.3% during the first 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. increased its stake in Science Applications International by 2.0% during the first 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 currently owned by institutional investors and hedge funds.

Science Applications International Company Profile

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.