Analysts Remain Positive on CACI International (CACI) Amid Operational Momentum

CACI International Inc. (NYSE:CACI) is one of the best information technology services stocks to buy now..

On February 20, Truist Financial reiterated the Buy rating on CACI International Inc. (NYSE:CACI), keeping the price target at $800. The firm updated its model for CACI, which indicates upward revisions and a higher multiple driven by rapid expected growth.

Truist’s analyst Tobey Sommer expects CACI’s EV/EBITDA multiple to expand by almost two turns by 2029 from the current levels of around 14.8x. The analyst highlights a favorable mix shift toward higher-margin Mission Technology, robust organic growth, and accretive acquisitions as key factors driving margin expansion. In a bull-case scenario, Sommer anticipates CACI’s revenue CAGR to be around 14% and EBITDA CAGR to be almost 21%, fueled by a 70 basis points of annual margin expansion.

In another rating update on February 3, TheFly reported that JPMorgan lifted the price target on CACI from $645 to $700, maintaining its Overweight rating on the stock. The firm raised the price target on CACI, citing ongoing operational momentum.

CACI International Inc. (NYSE:CACI), along with its subsidiaries, provides expertise and technology solutions worldwide. The company provides IT services, including control, communications, and intelligence technology, as well as networks.

While we acknowledge the risk and potential of CACI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CACI and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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