SAIC shares surge 16.05% after-hours on Q3 adjusted EPS beat and raised full-year guidance.

Science Applications International surged 16.05% in after-hours trading following the release of its Q3 earnings report and updated guidance. The company exceeded adjusted EPS estimates by $0.39 and raised full-year profit targets despite a 5.6% revenue decline, citing strong program execution and cost discipline. Additionally, SAIC secured a $1.4 billion COBRA task order and a $242 million Navy contract, signaling robust future revenue visibility. The stock’s sharp rise also aligned with a strategic restructuring to consolidate business groups and a $120 million capital return to shareholders through share repurchases and dividends. Analysts noted the stock’s undervaluation in DCF models and a strong 6/6 valuation score, further supporting the positive momentum.