SAIC wins USD 742 million CBP contract. SAIC stock sits 11.34 percent below its high

Published on 10/02/2026 at 18:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SAIC stock costs EUR 112.40 on October 2, 2026 versus EUR 112.33. Revenue rose 6.30 percent in fiscal 2027's second quarter.

SAIC, US8086251076, Illustration mit AI erstellt.

SAIC won a USD 742.00 million recompete task order for U.S. Customs and Border Protection systems on September 29, 2026, according to StockTitan. SAIC stock was 11.34 percent below its USD 142.66 52-week high at a USD 126.48 Nasdaq price on October 2, 2026.

CBP contract extends backlog visibility

The task order runs from September 15, 2026, through September 14, 2031, and covers software development, operations, maintenance, upgrades and enhancements for systems that assess risks from travelers and cargo, StockTitan reported. The award adds contract duration to a business already supported by defense, intelligence, space and civilian government work.

Fiscal second-quarter growth beat estimates

In the second quarter of fiscal 2027, SAIC reported adjusted earnings per share of USD 3.01, up 33.78 percent versus the consensus estimate of USD 2.25, while revenue increased 6.30 percent year over year to USD 1.88 billion, Yahoo Finance reported on September 30, 2026. The quarter ended July 31, 2026, and backlog reached USD 22.10 billion, including USD 3.80 billion of funded backlog.

SAIC raised fiscal 2027 revenue guidance to USD 7.20 billion-USD 7.30 billion from USD 7.00 billion-USD 7.20 billion. Adjusted earnings guidance also rose to USD 10.65-USD 10.75 per share from USD 9.90-USD 10.10, while adjusted EBITDA guidance increased to USD 750.00 million-USD 755.00 million from USD 720.00 million-USD 730.00 million, according to Benzinga on September 1, 2026.

Analyst targets remain divided

MarketBeat reported on October 1, 2026, that UBS raised its target from USD 108.00 to USD 123.00 while keeping a Neutral rating, and Truist lifted its target from USD 110.00 to USD 130.00 while maintaining Hold. The same report listed eight Hold ratings, two Buy ratings and one Sell rating, with an average target of USD 125.22, according to MarketBeat.

SAIC stock after the Xetra close

SAIC stock was trading at EUR 112.40 at Lang & Schwarz on October 2, 2026 at 5:52 p.m. CEST, plus 0.06 percent versus the Lang & Schwarz prior close of EUR 112.33 on October 1, 2026. The primary Nasdaq listing was at USD 126.48 on October 2, 2026, with a USD 81.08 to USD 142.66 52-week range.