CACI: Future Results Will Be Shaped By Backlog Strength And Shutdown Risks

Analysts have increased their price target for CACI International from $600 to $670, citing strong quarterly performance and reduced risk to the company’s fiscal outlook in spite of ongoing government shutdown concerns.

Analyst Commentary

Recent analyst discussions around CACI International have highlighted several key perspectives regarding the company’s valuation, execution, and future growth potential. Analysts are quick to note both strengths and some ongoing considerations as the fiscal year progresses.

Bullish Takeaways

• Strong quarterly results have exceeded expectations and contributed to increased confidence in management’s ability to execute its strategy effectively.
• The company’s growing funded backlog is viewed as a key driver in supporting revenue visibility, helping to de-risk the outlook for the next fiscal year.
• Bullish analysts now consider CACI to be one of the top investment ideas within the government services sector due to its positive momentum and operational track record.
• Despite concerns over potential government shutdowns, the solid start to the year is seen as a mitigating factor that lowers future risk profiles.

Bearish Takeaways

• Some analysts caution that ongoing uncertainty regarding the U.S. government’s budget and operations could still impact future contract flow and revenue stability.
• There is acknowledgment that while recent quarters have been exceptional, expectations may now be higher and this raises the bar for continued outperformance.
• Analysts remain watchful for signs of slowdown in growth drivers or execution missteps that could affect the company’s long-term valuation.

What's in the News

• Stifel raised its price target for CACI to $670 from $600. The firm highlighted an exceptionally strong quarterly performance and increased confidence despite ongoing government shutdown risks (Stifel research note).
• CACI repurchased 8,381 shares for $4.08 million between July and September 2025, completing the repurchase of 1,868,110 shares for $598.52 million under its ongoing buyback program.
• The company confirmed its fiscal year 2026 earnings guidance, expecting revenues of $9.2 billion to $9.4 billion.
• CACI was awarded a five-year, $180 million task order to support and modernize network operations for the Pacific Air Forces. This project will enhance information technology infrastructure and cybersecurity in the Indo-Pacific region.
• The company secured two contracts totaling approximately $124 million with the Canadian Armed Forces to provide advanced counter-uncrewed aircraft systems for multi-angle drone threat defense and support over 10 years.

Valuation Changes

• Fair Value Estimate has risen slightly from $646.64 to $658.91, reflecting a modest increase in projected intrinsic value.
• Discount Rate edged up marginally from 7.60% to 7.60%, indicating a minimal change in the risk-adjusted return expectations.
• Revenue Growth Forecast improved slightly from 6.49% to 6.50%, suggesting a small upgrade in anticipated sales expansion.
• Net Profit Margin dipped marginally from 6.18% to 6.17%, showing a slight reduction in projected profitability.
• Future P/E Ratio increased from 25.59x to 26.12x, signaling a higher valuation multiple assigned to future earnings.