Overview
- Shares traded near $171 to $175 on Friday, roughly 10% lower over the past five sessions as the stock tests a widely watched support zone.
- Third-quarter revenue reached $1.18 billion, up 63% year over year, with a 12th consecutive GAAP-profitable quarter and guidance raised to about $4.4 billion alongside forecast free cash flow up to $2.1 billion.
- The company’s market value is about $425 billion after a roughly 134% one-year gain, with technical resistance noted around $180 to $182.
- Recent contract wins include a $10 billion, 10-year U.S. Army enterprise agreement and a $448 million U.S. Navy deal.
- Analysts flag key risks: more than 55% of revenue from government clients, exceptionally high P/E multiples versus peers, intensifying competition and IP litigation, and a record of sharp selloffs including an ~84% decline during the inflation shock.