Why SAIC Stock Is Rising Today

Science Applications International (SAIC) jumped 3.28% after the defense contractor delivered second-quarter fiscal 2027 results that topped Wall Street estimates on both lines. The company posted revenue of $1.88 billion against the $1.76 billion consensus and adjusted earnings per share of $3.01, beating the $2.31 estimate by 30%.

Management lifted full-year fiscal 2027 guidance, now targeting revenue between $7.2 billion and $7.3 billion with adjusted EPS in the $10.65 to $10.75 range. The Motley Fool noted the stock trades below its historical valuation multiple despite the beat-and-raise quarter.

The quarter marks a significant acceleration in profitability, with the earnings beat suggesting stronger-than-expected program margins or operational leverage. The revenue beat of roughly 7% points to either new contract wins materializing faster than anticipated or existing programs ramping ahead of schedule.