Science Applications International Corp. (NASDAQ:SAIC) Exceeds Analyst Expectations with Strong Quarterly Earnings

• Science Applications International Corp. (NASDAQ:SAIC) reported robust earnings per share (EPS) of $3.01, significantly surpassing analyst estimates.
• The company's revenue reached $1.88 billion, exceeding expectations and demonstrating year-over-year growth in its financial results.
• Analysts at Jefferies increased their price target for SAIC to $130, reflecting positive sentiment despite maintaining a "Hold" rating.

Science Applications International Corp. (NASDAQ:SAIC) is a leading technology and engineering firm that primarily provides services to the U.S. government. On August 31, 2026, the company announced its quarterly earnings results before the market opened, showing a performance that was stronger than what analysts had predicted for the quarter.

The company reported an earnings per share (EPS) of $3.01. This figure significantly surpassed the consensus estimate of $2.31 per share from analysts. EPS is a key measure of a company's profit allocated to each share of stock, and a higher number is generally seen as better for investor insights.

In addition to the strong earnings, Science Applications International Corp. posted revenue of $1.88 billion for the quarter. This result exceeded the analyst expectation of $1.76 billion. The reported revenue also shows an increase from the $1.77 billion that the company generated in the same quarter of the previous year, highlighting consistent market performance.

Following the news, an analyst at Jefferies maintained a Hold rating on Science Applications International Corp. but increased the price target from $115 to $130, as highlighted by Benzinga. A price target is an analyst's projection of a stock's future price. The company's shares also saw a 1.2% increase in after-hours trading, indicating positive immediate market reaction.

Looking at the company's financial stability, Science Applications International Corp. maintains a Debt-to-Equity ratio of 0.18. This ratio compares a company's total debt to the value owned by shareholders, with a low number suggesting less financial risk. The company also recently appointed David Benson and David Cush to its board of directors, further strengthening its governance.