CACI Price Target Raised to $575 by Truist Analyst Tobey Sommer

Truist analyst Tobey Sommer raises CACI's price target to $575 from $550 and maintains a Buy rating. The firm's favorite government services name, CACI, is driven by upside FY26 guidance, new business growth potential, and preferable positioning for the current administration. Sommer highlights upside potential in the company's new business growth and government contracts.

Truist analyst Tobey Sommer has increased the price target for CACI International (CACI) to $575 from the previous $550, while maintaining a Buy rating on the stock. The upgrade is driven by several key factors, including upside potential in the company's fiscal year 2026 (FY26) guidance, new business growth opportunities, and favorable positioning for the current administration [1][2].

Sommer's positive outlook is supported by several notable developments. CACI International provides expertise and technology serving enterprise and mission defense, intelligence, security, and federal civilian government customers. The company's recent fourth-quarter 2025 earnings report demonstrated strong performance, with earnings per share (EPS) of $8.4, significantly exceeding the projected $6.6, and revenue reaching $2.3 billion, slightly above the anticipated $2.29 billion [3].

The analyst cited three primary reasons for the price target increase: upside FY26 guidance, new business growth potential, and preferable positioning for the current administration. Sommer particularly favors CACI’s national security focus and limited civil exposure, making it the firm’s favorite government services name [2]. The research firm also highlighted that CACI had emphasized a recent DOGE contract ceiling reduction for enterprise IT should have no negative effect on the company’s financials or backlog.

CACI International's recent contract awards, totaling $2.6 billion in the fourth quarter of fiscal year 2025, underscore its robust business performance. Notable contracts include a five-year agreement with the U.S. Army Intelligence and Security Command (INSCOM) valued at up to $855 million, and a seven-year task order with an estimated $616 million for an intelligence community customer [3].

Additionally, CACI International has been recognized for its achievements, including being named a 2025 Fortune 500 company and advancing to Phase 2 of the U.S. Space Force's Enterprise Space Terminal (EST) program. These developments further bolster the company's position and growth prospects.

Investors may find these updates noteworthy as they consider their investment strategies. The stock remains the firm's favorite government services name, driven by strong financial performance, robust contract awards, and favorable positioning for the current administration.

References:
[1] https://www.tipranks.com/news/the-fly/caci-price-target-raised-to-575-from-550-at-truist-thefly
[2] https://ca.investing.com/news/analyst-ratings/caci-international-stock-price-target-raised-to-575-from-550-at-truist-securities-93CH-4144489
[3] https://investor.caci.com/news/news-details/2025/CACI-Reports-Results-for-Its-Fiscal-2025-Fourth-Quarter-and-Full-Year-and-Issues-Fiscal-Year-2026-Guidance/default.aspx