The Pentagon's AI Pivot Supercharges Defense Stocks Northrop Grumman leads the military modernization supercycle by developing advanced uncrewed payload architectures and autonomous combat platforms. MarketBeat · May 19
Here's Why Cowen Reduced Booz Allen Hamilton Price Target Booz Allen Hamilton Holding Corp's (NYSE:BAH) price target has been lowered to $103 (an upside of 26%) from $109 by Cowen analyst Cai von Rumohr. The analyst maintained the Outperform ratings on the shares. Rumohr believes BAH is a pure-play defense IT leader positioned for the sector's fastest organic growth in 2023. Also Read: Booz Allen… Benzinga · Jun 14, 2022
Booz Allen Hamilton Stock Slips As Q4 Bottom-Line, FY23 EPS Outlook Miss Estimates Booz Allen Hamilton Holding Corp (NYSE:BAH) reported fourth-quarter FY22 sales growth of 13.1% year-on-year to $2.24 billion, beating the consensus of $2.22 billion. Revenue, excluding billable expenses, grew 14.3%. Adjusted EPS of $0.86, down from $0.89 in 4Q21, missed the consensus of $0.87. Adjusted operating income increased by 2.7% Y/Y to $176.1 million,… Benzinga · May 20, 2022
Booz Allen Makes Strategic Investment In AI Company Synthetaic Booz Allen Hamilton Holding Corp (NYSE:BAH) made a strategic investment in Synthetaic, an end-to-end artificial intelligence (AI) company. Financial terms were not disclosed. Synthetaic's flagship technology, RAIC (Rapid Automatic Image Categorization), enables rapid object labeling, AI modeling, and solution deployment. This investment advances Booz Allen's AI capabilities for faster, more accurate model training… Benzinga · Mar 22, 2022
Booz Allen Agrees To Acquire EverWatch For Undisclosed Sum Booz Allen Hamilton Holding Corp (NYSE:BAH) has agreed to acquire EverWatch, a provider of advanced solutions to the defense and intelligence communities. Deal terms were not disclosed. Reston, Virginia-based EverWatch, a portfolio company of Enlightenment Capital, builds and operates mission-critical classified platforms to defend against increasingly sophisticated national cyber threats. Following the… Benzinga · Mar 16, 2022
Raymond James Upgrades Booz Allen Hamilton To Outperform, Sees 19% Upside Raymond James analyst Brian Gesuale upgraded Booz Allen Hamilton Holding Corp (NYSE:BAH) to Outperform from Market Perform with a price target of $90, implying an upside of 19%. Gesuale says this is the most appealing time to own the group since the Trump administration was in office and sees increasing geopolitical instability, multiple stability,… Benzinga · Jan 31, 2022
Booz Allen Hamilton Stock Falls On FY22 Sales Growth Outlook Cut Booz Allen Hamilton Holding Corp (NYSE:BAH) reported third-quarter FY22 sales growth of 6.6% year-on-year, to $2.03 billion, missing the analyst consensus of $2.13 billion. Revenue, excluding billable expenses, grew 6.2%. Adjusted EPS of $1.02 down from $1.04 in 3Q21, beating the consensus of $0.99. The operating income declined 3.8% Y/Y to $177.21… Benzinga · Jan 28, 2022
Barclays Bumps Up Booz Allen Hamilton Price Target By 16% Barclays analyst Colin Canfield upgraded Booz Allen Hamilton Holding Corp (NYSE:BAH) to Overweight from Equal Weight and raised the price target to $105 (an upside of 23%), from $90. The analyst views government services as "attractive thanks to a combination of valuation, earnings growth and capital deployment flexibility." He assigns a premium to Booz Allen… Benzinga · Jan 24, 2022