Truist upgrades Booz Allen Hamilton stock rating on civil revenue outlook

Jefferies cut Booz Allen Hamilton's (BAH) price target to $75 from $80, citing civil revenue declines. Analyst Sheila Kahyaoglu noted a 22% sales drop in fiscal 2026, hurting growth. BAH trades at $67.64, down 33% YoY, with a 3.5% dividend yield. Q1 fiscal 2027 EPS beat estimates at $1.81, while revenue matched at $2.8B. UBS raised its target to $78, citing a 15% YoY increase in funded backlog.

Booz Allen Hamilton (BAH) shares rose 2.7% after the U.S. Navy awarded it a potential $827.9M contract for business management support services. The company's stock closed at $70.47, up 1.5% from the previous day. BAH's shares have shown volatility, with a 17% decrease since the year's start and a 32.3% drop from its 52-week high.

The U.S. Navy awarded seven companies, including CACI International and Booz Allen Hamilton, spots on an $828M contract for business management support services. The contract has a base value of $276M and could run through 2035. Contractors will compete for task orders to assist with budgeting, analysis, and program management.

The Pentagon's CFO advised tech founders to align with program offices, hire experienced personnel, and demonstrate manufacturing capabilities. The Navy awarded contracts to Galliano Marine Services, HII, and Saronic for 30 unmanned surface vessels. Powerus is set to go public on October 1 via a merger with Aureus Greenway Holdings.

Booz Allen Hamilton, Peerless Technologies, Leidos, DCS Corp., and Anduril Technologies won a contract for Air Force Research Laboratory design work, valued up to $85M. The contract focuses on digital engineering tools for aerospace systems. Work will be performed locally over a decade.

Booz Allen Hamilton (BAH) won an $85M contract from the U.S. Air Force for aerospace systems research. The contract, running until 2036, focuses on digital design methods. Initial funding is $75,000. The work will be performed in Ohio.