Stifel Raises SAIC Price Target to $137 After Strong Q1

Font: Financial Modeling Prep  • Jun 01, 2026

Stifel Nicolaus Raises Price Target for Science Applications International (NASDAQ: SAIC) Following Strong Q1 Performance

• Stifel Nicolaus has increased its price target for Science Applications International (NASDAQ: SAIC) to $137.00, indicating a potential 19.29% upside from its current stock price.
• SAIC demonstrated a strong first-quarter 2027, reporting $1.91 billion in revenue, a 1.5% year-over-year increase, marking a return to growth.
• The company also achieved significant profitability with an adjusted EPS of $3.23, greatly exceeding analyst forecasts, and has raised its full-year EBITDA guidance amidst robust demand and a $22.9 billion project backlog.

An analyst at Stifel Nicolaus has raised their price target for Science Applications International (NASDAQ: SAIC) to $137.00 from a previous $120.00. Science Applications International is a leading technology contractor that provides essential services primarily to the U.S. government. At the time of the update, the stock price was $114.84, representing a potential upside of approximately 19.29% to the new target.

This optimistic revision follows SAIC's strong first-quarter 2027 performance. The company reported revenue of $1.91 billion, a 1.5% increase year-over-year. This marks a return to growth after three quarters of decline and was partly driven by its strategic acquisition of SilverEdge Government Solutions, which added $19 million in revenue to the company's top line.

SAIC also demonstrated significant profitability. It posted an adjusted earnings per share (EPS) of $3.23, which greatly exceeded analyst forecasts. EPS is a key measure of a company's profit allocated to each share of stock. As highlighted by Zacks Investment Research, this strong result is a 68.2% increase from the same quarter last year, underscoring the company's operational efficiency and financial health.

Looking forward, SAIC has raised its full-year guidance for adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA), a crucial measure of overall financial performance. The company also reported strong demand, securing $2.1 billion in net bookings and ending the quarter with a large project backlog of $22.9 billion, indicating robust future revenue potential and sustained growth for the government services provider.