DoD tests AI models that make it easy to switch from vendors like Palantir
RESTON, Va.—Milford W. McGuirt, a director at Science Applications (NASDAQ:SAIC) International Corp (NYSE:SAIC), recently acquired 500 shares of the company’s common stock. The purchase aligns with broader management confidence, as InvestingPro data shows the company has been actively buying back shares while maintaining dividend payments for 13 consecutive years. The transaction, dated March 27, 2025, was completed at a price of $110.58 per share, amounting to a total purchase value of $55,290. Following this acquisition, McGuirt’s direct ownership in the company stands at 6,841 shares. The timing appears favorable as InvestingPro analysis indicates SAIC is currently undervalued, with five analysts recently revising their earnings expectations upward. For deeper insights into insider trading patterns and comprehensive analysis, explore SAIC’s detailed Pro Research Report, available among 1,400+ top US stocks on InvestingPro.
In other recent news, Science Applications International Corp (SAIC) reported strong financial results for the fourth quarter of fiscal year 2025, surpassing analyst expectations. The company recorded an earnings per share (EPS) of $2.57, significantly beating the forecast of $2.08, and achieved revenue of $1.84 billion, exceeding the anticipated $1.81 billion. This performance highlights SAIC’s effective cost management and operational efficiency, contributing to a 6% year-over-year revenue increase. Additionally, SAIC has provided positive guidance for fiscal year 2026, projecting revenue growth with expected figures ranging from $7.6 billion to $7.75 billion.
In another development, UBS raised SAIC’s price target from $123 to $126 while maintaining a Neutral stock rating. UBS analyst Gavin Parsons (NYSE:PSN) noted that although there are still risks related to revenue and specific contracts, the Government IT sector is showing signs of stabilization. The analyst’s updated target reflects a modest shift in perspective, suggesting that the potential downside risks may be less severe than previously perceived.
SAIC has also shared forward-looking statements indicating a belief in achieving a 1.2X book-to-bill ratio in the first half of fiscal year 2026 based on bids already submitted. This ratio, which has been 0.9X over the past two years, could support a move to mid-single-digit organic growth in fiscal year 2027. The company’s strategic focus on innovation and technology integration continues to position it favorably in the market, as evidenced by its recent financial performance and market guidance.
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