Hansen, Mueller Industries director, sells $105,710 in stock
Investing.com - UBS raised its price target on CACI International (NYSE:CACI) to $759.00 from $639.00 on Friday, while maintaining a Buy rating on the defense technology company. The stock, currently trading near its 52-week high of $588.26, has demonstrated solid fundamentals with a "Good" InvestingPro Financial Health Score of 2.8.
The price target increase represents a significant 19% upside from the previous target, with UBS citing CACI’s 26% increase in funded backlog and stable 5% organic growth that shows potential for acceleration. The company has maintained impressive revenue growth of 12.64% over the last twelve months, generating $8.63 billion in revenue.
UBS highlighted that CACI’s performance should resolve any concerns about risks from the new administration, Department of Government Efficiency (DOGE), or IT memorandum policies affecting the company’s business outlook.
The investment bank raised its EBITDA estimates for CACI by an average of 4%, though noted this could prove conservative, and now expects CACI to trade at parity with the S&P 500 as it did before DOGE initiatives.
CACI’s differentiation stems from its end-market exposures and strategic pivot toward software-defined technology and outcome-based solutions, with UBS noting the company is well-positioned for increased demand when reconciliation funding begins flowing, particularly at the Department of Homeland Security.
In other recent news, CACI International Inc. reported a strong performance for the first quarter of its fiscal year 2026, exceeding analyst expectations in both earnings and revenue. The company announced an adjusted diluted earnings per share (EPS) of $6.85, surpassing the projected $6.14, which represents an 11.56% surprise. Additionally, CACI International’s revenue reached $2.3 billion, slightly above the anticipated $2.26 billion. These results indicate a robust start to the fiscal year for the company. The positive earnings report has been well-received by investors, although specific stock price movements will not be detailed here. This development highlights the company’s ability to outperform market expectations. No mergers or acquisitions have been reported in recent news. Analyst upgrades or downgrades were not mentioned in the available context.
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