Baird analyst Peter Arment raised the firm’s price target on CACI (CACI) to $640 from $533 and keeps an Outperform rating on the shares. The firm said they delivered a strong beat and raise in 1Q25, with solid MSD-HSD organic growth expected in FY25, supported by highly attractive M&A focusing on software-defined technology leveraging AI/ML to accelerate network modernization and cloud migration, as well as software-enabled solutions across SIGINT and Electronic Warfare.
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Read More on CACI:
- CACI reports Q1 adjusted EPS $5.93, consensus $5.07
- CACI raises FY25 adjusted EPS view to $22.89-$23.78 from $22.44-$23.33
- CACI awarded $805M task order for engineering support for U.S. NavalX Office
- CACI Earnings this Week: How Will it Perform?
- CACI price target raised to $555 from $520 at JPMorgan
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