Is Science Applications International Corporation (NASDAQ:SAIC) a buy in 2026?
Yes, on balance. The Compass leans toward accumulating Science Applications International Corporation at current levels.
Boring federal IT contractor trading at 10.7x forward earnings while AI-augmented mission work quietly compounds the backlog.
Where SAIC is headed
SAIC in 2028 looks nothing like the cost-plus body shop the market still prices. The work mix is shifting from staff augmentation toward outcome-based contracts in CJADC2 (the Pentagon's joint command-and-control program), digital engineering, and classified AI workloads. That matters because outcome-based work carries 200-400 basis points more margin than the legacy time-and-materials business that dominated the 2010s. Backlog sits north of $22B against $7.4B in trailing revenue, and the book-to-bill has held above 1.1x for six consecutive quarters. The Defense and Intelligence segment, roughly two-thirds of revenue, is where the re-rating story lives.
Read the full Compass Direction on SAIC
The complete destination call, the overlooked angle, milestones, and bull, base, and bear price scenarios (around $115.08).
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Frequently asked questions
Is Science Applications International Corporation (NASDAQ:SAIC) a buy in 2026?
Yes, on balance. The Compass leans toward accumulating Science Applications International Corporation at current levels. Boring federal IT contractor trading at 10.7x forward earnings while AI-augmented mission work quietly compounds the backlog.
What is SAIC's Compass Score?
Science Applications International Corporation scores 90/100 on Alexandria's Compass, placing it in the "True North" tier. Scores blend eight factors and update weekly.
What is the price target for SAIC?
Alexandria's full Compass Direction includes bull, base, and bear price scenarios with the valuation math behind each. Read the full breakdown on the SAIC page.
Compass verdicts are AI-generated, forward-looking editorial research from publicly available data, not investment advice or a recommendation regarding any security. Scores and verdicts update as the data changes.