CACI International Shares Soar 2.75% on Revenue Growth

CACI International (CACI) shares surged 2.75% today, marking the second consecutive day of gains, with a total increase of 5.11% over the past two days. The stock price reached its highest level since January 2025, with an intraday gain of 3.93%.

CACI International reported a significant revenue growth rate of 14.5% as of December 31, 2024, demonstrating a strong improvement in top-line earnings. This substantial growth in revenue is a key factor driving investor confidence and contributing to the recent upward trend in the company's stock price.

Truist has adjusted its price target for CACI International, lowering it from $550 to $475. Despite this reduction, the firm continues to maintain a Buy rating for the company. This adjustment reflects a more cautious outlook on the stock's near-term performance, but the Buy rating indicates that analysts still view CACI International as a promising investment opportunity.