These Analysts Slash Their Forecasts On Science Applications International Following Q2 Results

Core Insights - Science Applications International Corporation (SAIC) reported mixed results for Q2, with a 3% year-on-year sales decline to $1.77 billion, missing the analyst consensus estimate of $1.86 billion, while adjusted EPS of $3.63 exceeded the consensus estimate of $2.24 [1] - The company revised its 2026 revenue outlook to $7.250 billion-$7.325 billion, down from a prior estimate of $7.60 billion-$7.75 billion, which is below the analyst consensus estimate of $7.65 billion [1] - SAIC updated its annual adjusted EPS outlook to $9.40-$9.60, an increase from the previous range of $9.10-$9.30, and above the analyst consensus estimate of $9.17 [2] Analyst Reactions - Following the earnings announcement, analysts adjusted their price targets for SAIC, with Stifel maintaining a Buy rating and lowering the price target from $130 to $128, while UBS maintained a Neutral rating and reduced the price target from $111 to $110 [5] - SAIC shares fell 1.7% to trade at $104.41 after the earnings report [2]