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Goldman Sachs on Science Applications (SAIC): 'soft bookings; tightened EBITDA guidance'
December 5, 2024 7:51 AM ESTGoldman Sachs analyst Gavin Parsons reiterated a Sell rating and $124.00 price target on Science Applications (NASDAQ: SAIC)
The analyst comments "ottom line: SAIC reported F3Q25 revenue, adjusted EBITDA margin, and EPS ahead of Factset consensus, though FCF below. Revenue was up 4% yoy on an organic basis. Adjusted EBITDA margin of 10.0% is up 60bps yoy and 50bps ahead of our expectation,... More
