Booz Allen Price Targets Lifted to $97, $115 and $98
UBS raised Booz Allen Hamilton’s price target to $97 from $93, noting stable earnings despite limited topline visibility. Stifel increased its target to $115 from $106 and Truist lifted its target to $98 from $90 while raising FY2027 and FY2028 EPS estimates on defense spending growth.
1. Analyst Price Target Increases
UBS raised its price target on Booz Allen Hamilton to $97 from $93, maintaining a Neutral rating and highlighting stable earnings despite limited revenue visibility. Stifel followed with a hike to $115 from $106 on a Hold rating, and Truist lifted its target to $98 from $90 while boosting EPS forecasts for FY2027 and FY2028.
2. Q3 Financial Performance
In the third quarter, Booz Allen reported revenue slightly below analyst expectations but delivered an earnings beat, allowing management to uphold its full-year outlook. The company’s disciplined cost management and resilient margins underpinned the positive earnings surprise.
3. Future Outlook and Drivers
Analysts cite anticipated growth in defense spending, tax-related tailwinds and ongoing cost reduction initiatives as key drivers for future EPS growth. Potential risks include limited civil spending and broader budgetary pressures that could weigh on topline visibility.