Overview
- Shares gained about 15% over the past week even as many software names struggled, reflecting renewed interest tied to defense demand.
- Market commentary notes the stock still trades roughly 27% below its 52-week high near $207, with recent pricing around $152 and a double-digit year-to-date decline.
- Fourth-quarter 2025 results topped estimates with $1.406 billion in revenue, up 70% year over year, and adjusted EPS of $0.25 versus $0.18 expected.
- U.S. commercial revenue surged 137% to $507 million and U.S. government revenue rose 66% to $570 million, driving total U.S. revenue up 93%; the company reported strong free cash flow and profitability.
- Analysts and market writers highlight a rich forward P/E near 118–125 times, and some suggest geopolitical tensions could translate into more government work, though that remains a projection.