Booz Allen's price target raised to $85 despite mixed fiscal 2026 results and strong backlog.

Booz Allen Hamilton's stock price target was raised from $80 to $85 by Cowen & Co., despite a challenging fiscal year marked by weakness in its Civil business segment. The company reported adjusted earnings per share of $1.78, beating estimates, but missed revenue expectations with $2.78 billion. Strong performance in its National Security segment and a record $38 billion backlog driven by demand for AI and cybersecurity support the optimistic outlook. The 'Hold' rating suggests investors maintain current positions amid mixed results.