SAIC Announces First Quarter of Fiscal Year 2026 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Science Applications (SAIC) PT Lowered to $115 at Jefferies
June 2, 2025 4:33 PM EDTJefferies analyst Sheila Kahyaoglu lowered the price target on Science Applications (NASDAQ: SAIC) to $115.00 (from $130.00) while maintaining a Hold rating.
The analyst comments "SAIC reported a 5% EPS miss relative to cons on profitability, driving shares down 15%. While organic growth of 1.6% was... More
Goldman Sachs Reiterates Sell Rating on Science Applications (SAIC), PT $94 following results
June 2, 2025 9:08 AM EDTGoldman Sachs analyst Gavin Parsons reiterated a Sell rating and $94.00 price target on Science Applications (NASDAQ: SAIC).
The analyst comments "Bottom line: SAIC reported F1Q26 revenue in line with FactSet consensus, but adj. EBITDA, adj. EPS, and free cash are below. Revenue was up 2% yoy organically. The adjusted EBITDA margin missed our model and consensus by 80bps, driving an adjusted... More
