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Booz Allen Hamilton Stock Plunges 16% on Weak Forecast and Job Cuts
Booz Allen Hamilton Stock Plunges 16% on Weak Forecast and Job Cuts
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Booz Allen Hamilton Holding Corporation shares tumbled 16.53% to $107.79 after disappointing fiscal 2026 guidance fell short of analyst expectations. The defense contractor projects revenue between $12 billion and $12.5 billion, below Wall Street’s $12.82 billion consensus, while announcing 2,500 job cuts primarily in its civil sector.
Despite the market reaction, the company delivered strong FY25 performance with 12% organic revenue growth. Management highlighted artificial intelligence and defense segments as continuing growth drivers, even as restructuring measures aim to improve profitability.
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