Booz Allen Hamilton Likely To Report Higher Q4 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

Booz Allen Hamilton Holding Corporation BAH is expected to report its financial results for the fourth quarter before the opening bell on May 26, 2023.

Analysts expect the company to post quarterly earnings at 95 cents per share, up from year-ago earnings of 86 cents per share. The company’s revenue might come in at $2.39 billion.

Booz Allen Hamilton shares fell 2% to close at $89.85 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Morgan Stanley analyst Matthew Sharpe maintained an Overweight rating on the stock and cut the price target from $118 to $116 on Feb. 2, 2023. This analyst sees around 29% upside in the company’s stock and has an accuracy rate of 73%.
• Wells Fargo analyst Sarah Akers maintained an Overweight rating and raised the price target from $109 to $110 on Feb. 1, 2023. This analyst sees around 22% upside in the company’s stock and has an accuracy rate of 69%.
• Cowen & Co. analyst Cai Rumohr maintained an Outperform rating and raised the price target from $109 to $123 on Oct. 31, 2022. This analyst sees around 37% upside in the company’s stock and has an accuracy rate of 73%.
• Truist Securities analyst Tobey Sommer maintained a Hold rating and increased the price target from $100 to $106 on Oct. 31, 2022. This analyst sees around 18% upside in the company’s stock and has an accuracy rate of 75%.
• Raymond James analyst Brian Gesuale downgraded the stock from Outperform to Market Perform on Oct. 19, 2022. This analyst has an accuracy rate of 68%.

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