Truist Raises Price Target on Science Applications International to $130 From $110, Keeps Hold Rating

Science Applications International Corp (SAIC) reported Q2 2027 organic growth of 5%, driven by broad-based strength and improved outlay environment. Management achieved a 90% recompete win rate, securing future growth. Project Orbit, now in implementation, aims to improve efficiency and reduce costs. The company raised FY 2027 guidance for revenue, EBITDA, and EPS, targeting mid-10% margins next year and 11% by 2030. SAIC expects $150M in annual savings from Project Orbit by 2030, with two-thir

Major indexes fell Monday due to rising oil prices but posted gains for August. Marvell (MRVL) and Amazon (AMZN) shares dropped amid legal issues. Tesla (TSLA) and Nvidia (NVDA) shares rose. SAIC (SAIC) shares surged on strong Q2 results and raised guidance. Tim Cook stepped down as Apple (AAPL) CEO. Broadcom (AVGO) earnings expected Wednesday. Bitcoin (BTC) price near $79,000. Strategy (MSTR) bought 4,603 bitcoins.

SAIC's stock rose 5.5% after Q2 CY2026 results beat expectations, with revenue up 6.3% YoY to $1.88B, adjusted EPS at $3.01, and adjusted EBITDA at $193M. The company raised full-year guidance across key metrics. SAIC's shares have gained 31.2% YTD, reaching a 52-week high of $132.75.

SAIC's stock rose 3.2% after reporting Q2 2027 revenue of $1.88B, beating estimates of $1.76B, and adjusted EPS of $3.01, surpassing expectations of $2.31. The company also raised its 2027 revenue and EPS guidance, citing improved performance.

Science Applications International Corp. (SAIC) shares rose 6.83% to $82.78 despite a lower Q2 profit of $102M ($2.38/share) vs. $127M ($2.71/share) last year. Revenue increased 6.3% to $1.88B. SAIC expects full-year adjusted earnings of $10.65-$10.75/share and revenue of $7.2B-$7.3B.

Science Applications International (SAIC) reported Q2 2027 adjusted EPS of $3.01, beating estimates by 29.7%. Revenue was $1.88B, up 6.3% YoY. Defense and Intelligence revenue was $1.45B, up 5.5% YoY. The company expects FY 2027 EPS of $10.65-$10.75 and revenue of $7.20B-$7.30B.