SAIC Stock

U Power Limited has announced a partnership with SAIC Motor-CP to use its battery-swapping technology in the MG brand of vehicles in Thailand. This agreement aims to enhance U Power's goal of becoming a complete EV battery power solution provider in China. The collaboration will allow for the integration of innovative battery solutions into the Thai market.

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Science Applications has obtained a contract valued at $170.9 million from the Texas Department of Information Resources.

Science Applications has won a key role in the $1.8 billion contract for Personnel and Readiness Infrastructure Support Management.

RESTON, Va., Dec. 16, 2024 (GLOBE NEWSWIRE) -- Science Applications International Corp. (NASDAQ: SAIC) has secured a key role in the $1.8 billion Personnel and Readiness Infrastructure Support Management (PRISM) Multiple Award Task Order Contract (“MATOC”). This contract will help the Department of Defense (DoD) access essential services more quickly.

SAIC (SAIC) could see an increase in its stock price due to rising confidence in its earnings potential, as indicated by its upgrade to a Zacks Rank #2 (Buy).

SAIC (SAIC) is now considered an oversold stock, meaning that the intense selling pressure has likely ended. Additionally, many Wall Street analysts are raising their earnings estimates, suggesting that the stock may experience a positive change soon.

Science Applications' revenue in the third quarter is boosted by profits from current businesses and new contracts, while reduced selling, general, and administrative expenses help increase earnings.

Science Applications International Corporation is still considered a good investment because of its strong leadership, appealing valuation, and potential for growth, even with recent stock fluctuations and political issues. Their Q3 2025 results showed a 4.3% increase in revenue, notable earnings per share growth, and profits that exceeded expectations due to more contract work. The management predicts revenue will reach $8 billion by 2027, with more profitable contracts and significant share buybacks, which will improve free cash flow per share.