Wells Fargo analyst Matthew Akers has maintained their bullish stance on CACI stock, giving a Buy rating yesterday.
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Matthew Akers has given his Buy rating due to a combination of factors including Caci International’s strong financial performance and strategic positioning. Despite a minor impact from the DOGE issue, which affected only a small portion of their expected sales, CACI is on track to meet its long-term targets. The company has demonstrated strong EBITDA margins and a robust pipeline of submitted bids, which positions it well for future growth.
Additionally, the recent increase in earnings estimates for FY25 and FY26, along with a raised price target to $513, reflects confidence in CACI’s ability to maintain momentum. The valuation is based on a multiple that is slightly discounted compared to the industrial group median, which is considered reasonable given the current market conditions. These factors collectively support the Buy rating, indicating a positive outlook for CACI’s stock performance.
In another report released yesterday, TD Cowen also maintained a Buy rating on the stock with a $520.00 price target.