Four consecutive quarters of earnings beats averaging approximately 12% above consensus, a forward price-to-earnings multiple of 16.2x, and a risk/reward ratio of 2.3-to-1 make this an attractively valued government technology franchise; the primary near-term risk is momentum weakness alongside elevated options hedging demand, offset by the observation that the 200-day trend line remains intact and rising.
Thesis pillars
- Attractively Valued Material Upside→Stable
- Federal Concentration Spending Risk↓Deteriorating
- Consistent Earnings Beat Streak→Stable
- +1 more pillar — see the Why tab for full reasoning
CACI International, Inc. (CACI) Stock Analysis
Range Bound setup · Catalyst-Driven edge
Technology · Information Technology Services
Sell if holding. At $618.32, A.R:R 0.6:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Customer: federal government; Concentration risk — Geographic: Domestic Operations (97.0%).
CACI International provides IT, intelligence, cyber, and mission-technology services (Expertise and Technology) mainly to U.S. defense, intelligence, and civilian agencies, with Domestic Operations at 97.0% of fiscal 2025 revenue. It draws substantially all revenue from federal... Read more
Sell if holding. At $618.32, A.R:R 0.6:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Customer: federal government; Concentration risk — Geographic: Domestic Operations (97.0%). Chart setup: RSI 47 mid-range, Bollinger mid-band. Score 6.3/10, moderate confidence.
Passes 6/9 gates (positive momentum, clean insider activity, news events none recent, earnings proximity 26d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.
About CACI International, Inc.
About CACI International, Inc.
CACI International generates substantially all of its revenue from contracts with the federal government, with Domestic Operations representing 97.0% of fiscal 2025 total revenues and International Operations, run through CACI Limited and CACI BV in Europe, contributing the remaining 3.0%. The company's top ten revenue-producing contracts, many spanning multiple task orders, accounted for 46.4% of fiscal 2025 revenue, or $4.0 billion, across its Spectrum Superiority and other Expertise and Technology offerings for defense, intelligence, and civilian agencies.
CACI earns revenue by competing for and executing federal government task orders and contracts across fixed-price, cost-reimbursement, time-and-materials, and indefinite delivery/indefinite quantity (IDIQ) vehicles, including General Services Administration schedule contracts, with essentially all U.S. government contracts terminable by the government at any time for convenience or default. The company markets its Expertise and Technology directly to defense, intelligence, and civilian agencies, competing on past performance, price, and proposal responsiveness against firms that include non-traditional entrants in cloud computing, cyber, and satellite operations, as well as against government agencies that perform similar work in-house. CACI also relies on subcontractors to help deliver on prime contracts, and a subcontractor's performance failure could expose the company to default-termination risk and liability for the government's re-procurement costs. Outside the U.S., International Operations serve commercial and government customers in the United Kingdom and continental Europe through IT consultancy services and proprietary data and software products.
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CACI's structural risk is concentrated almost entirely in one customer type: the company states plainly that if the federal government significantly decreased or ceased doing business with it, results would be materially and adversely affected, and its top ten contracts alone represent 46.4% of fiscal 2025 revenue. That concentration is compounded by a competitive dynamic specific to government contracting — an increase in small-business set-asides could reduce CACI's ability to compete directly for prime contracts — meaning both budget-level federal spending shifts and procurement-policy changes favoring smaller contractors are direct, filing-disclosed threats to revenue rather than generic industry risk.
See also: Technology · Information Technology Services
From CACI International, Inc.'s most recent 10-K filing, extracted August 30, 2026.
Recent developments
updated 2026-09-25Recent Developments — CACI International, Inc.
Latest news
- NEWS CACI International (CACI) to Post Earnings on Wednesday - MarketBeat — MarketBeat positive
- NEWS Is CACI International (CACI) Undervalued Following Its Rochester Manufacturing Expansion? - simplywall.st — simplywall.st positive
- NEWS CACI International (NYSE:CACI) Updates FY 2026 Earnings Guidance - MarketBeat — MarketBeat neutral
- NEWS CACI International tops quarterly estimates, raises revenue outlook (CACI:NYSE) - Seeking Alpha — Seeking Alpha positive
- NEWS CACI International: Fiscal Q3 Earnings Snapshot - cbs19news.com — cbs19news.com neutral
Generated 2026-09-26T03:22:09Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHCustomerfederal government10-K Item 1A: 'We generate substantially all of our revenues from contracts with the federal government.'
- HIGHGeographicDomestic Operations97%10-K Item 1: 'Domestic Operations represented 97.0%, 97.0%, and 97.2% of our total revenues for the fiscal year ended June 30, 2025 (fiscal 2025), June 30, 2024 (fiscal 2024) and June 30, 2023 (fiscal 2023), respectively.'
- MEDIUMCustomertop ten revenue-producing contracts46%10-K Item 1: 'For fiscal 2025, the top ten revenue-producing contracts, many of which consist of multiple task orders, accounted for 46.4% of our revenues, or $4.0 billion.'
Material Events(8-K, last 90d)
- 2026-06-05Item 5.02MEDIUMDeEtte Gray, President of U.S. Operations, notified CACI on June 1, 2026 of her intent to retire effective June 30, 2026. She agreed to remain as a Strategic Advisor through December 31, 2026 to support an orderly leadership transition.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
10 dimensions · all in-band
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. At $618.32, A.R:R 0.6:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Customer: federal government; Concentration risk — Geographic: Domestic Operations (97.0%). Chart setup: RSI 47 mid-range, Bollinger mid-band. Prior stop was $586.71. Score 6.3/10, moderate confidence.
Take-profit target: $639.64 (+3.4% upside). Prior stop was $586.71. Stop-loss: $586.71.
Concentration risk — Customer: federal government; Concentration risk — Geographic: Domestic Operations (97.0%); Thin upside margin: 3.4%.
CACI International, Inc. trades at a P/E of 25.5 (forward 16.4). TrendMatrix value score: 6.1/10. Verdict: Sell.
24 analysts cover CACI with a consensus score of 4.0/5. Average price target: $735.
What does CACI International, Inc. do?CACI International provides IT, intelligence, cyber, and mission-technology services (Expertise and Technology) mainly...
CACI International provides IT, intelligence, cyber, and mission-technology services (Expertise and Technology) mainly to U.S. defense, intelligence, and civilian agencies, with Domestic Operations at 97.0% of fiscal 2025 revenue. It draws substantially all revenue from federal government contracts, with its top ten contracts accounting for 46.4% of fiscal 2025 revenue ($4.0 billion) under fixed-price, cost-reimbursement, and IDIQ vehicles.