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SAIC Boosts Clientele With PRISM Deal: How to Play the Stock
SAICSAIC(SAIC) ZACKS·2024-12-17 23:51

Science Applications International Corp. (SAIC) shares have lost 7.8% in the year-to-date period, underperforming the Zacks Computers - IT Services industry, Zacks Computer and Technology sector and the S&P index’s growth of 16.7%, 34.2% and 27.8%, respectively.SAIC stock’s dip in performance can be traced back to the temporary challenges that the company was facing due to contract transitions and improved bid selections creating revenue gaps. SAIC’s cautious outlook of fiscal 2025 revenues of $7.425-$7.475 ...