SAIC rises after quarterly beat and higher fiscal 2027 guidance

Science Applications International Corporation (SAIC) is up 3.6% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to SAIC’s fiscal second-quarter results, which showed stronger revenue growth and earnings than investors may have expected, along with higher full-year guidance. Sentiment also may be benefiting from fresh contract awards and a large recompete win disclosed after the quarter ended.

Details:

Quarterly revenue was $1.88 billion, up about 6% from a year earlier, while adjusted diluted earnings per share came in at $3.01.

SAIC lifted fiscal 2027 guidance, including revenue to a range of $7.2 billion to $7.3 billion and adjusted diluted EPS to $10.65 to $10.75.

The company said second-quarter net bookings were about $1.2 billion and ended the period with an estimated backlog of roughly $22.1 billion.

Management also highlighted notable awards, including a roughly $740 million Homeland Security recompete disclosed after quarter end, which may be reinforcing confidence in future demand.

Sources:

SAIC Investor Relations, SEC, The Motley Fool

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$SAIC Insider Trading Activity

$SAIC insiders have traded $SAIC stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $SAIC stock by insiders over the last 6 months:

SRINIVAS ATTILI (EVP, Civilian) purchased 100 shares for an estimated $9,496

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

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$SAIC Hedge Fund Activity

We have seen 223 institutional investors add shares of $SAIC stock to their portfolio, and 211 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

FMR LLC removed 739,232 shares (-89.9%) from their portfolio in Q2 2026, for an estimated $81,618,605
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 505,551 shares (+inf%) to their portfolio in Q2 2026, for an estimated $55,817,885
AQR CAPITAL MANAGEMENT LLC removed 321,259 shares (-15.0%) from their portfolio in Q2 2026, for an estimated $35,470,206
FULLER & THALER ASSET MANAGEMENT, INC. added 255,882 shares (+9.5%) to their portfolio in Q2 2026, for an estimated $28,251,931
GEODE CAPITAL MANAGEMENT, LLC added 255,024 shares (+26.1%) to their portfolio in Q2 2026, for an estimated $28,157,199
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 224,093 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $21,270,907
WOODLINE PARTNERS LP removed 208,893 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $23,063,876

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$SAIC Government Contracts

We have seen $4,137,201,692 of award payments to $SAIC over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

SYSTEM SOFTWARE LIFECYCLE ENGINEERING SSLE: $522,884,683
THE PURPOSE OF THIS ACTION IS TO AWARD THE TASK ORDER COBRA, AND PROVIDE INCREMENTAL FUNDING TO THE TASK OR...: $208,238,632
THE SCOPE OF THE TO IS TO PROVIDE ENTERPRISE IT SERVICES FOR THE USACE.: $178,477,746
THIS INTERIM AWARD PROVIDES THE PRIMARY ENGINEERING, TIER II AND III OPERATIONS AND MAINTENANCE (O AND M) A...: $158,631,059
DCSA ONE IT TASK ORDER: $133,076,488

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.

$SAIC Price Targets

Multiple analysts have issued price targets for $SAIC recently. We have seen 7 analysts offer price targets for $SAIC in the last 6 months, with a median target of $120.0.

Here are some recent targets:

Gautam Khanna from TD Cowen set a target price of $125.0 on 07/07/2026
Gavin Parsons from Goldman Sachs set a target price of $96.0 on 06/12/2026
Gavin Parsons from UBS set a target price of $119.0 on 06/03/2026
John Godyn from Citigroup set a target price of $132.0 on 06/02/2026
Seth Seifman from JP Morgan set a target price of $125.0 on 06/02/2026
Tobey Sommer from Truist Securities set a target price of $110.0 on 06/02/2026
Jonathan Siegmann from Stifel set a target price of $120.0 on 03/17/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.