Science Applications International Corp. (SAIC) has disclosed a new risk, in the Regulation category.
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Science Applications International Corp. faces a significant business risk due to its heavy reliance on government contracts, which constitute a substantial portion of its revenue. Changes in government spending priorities, budget constraints, or policy shifts could adversely impact the company’s financial performance. Additionally, the competitive bidding process for these contracts poses a risk of losing key projects to competitors. This dependency on government contracts makes the company vulnerable to external political and economic factors beyond its control.
Overall, Wall Street has a Hold consensus rating on SAIC stock based on 1 Buy, 1 Sell and 5 Holds.
To learn more about Science Applications International Corp.’s risk factors, click here.