Booz Allen Hamilton Holding Corporation, a leading AI service provider for the U.S. Federal government, has made a significant investment in HiddenLayer, a cutting-edge security platform that specializes in protecting machine learning models. The exact financial details of the investment have not been disclosed.
This strategic move showcases Booz Allen’s extensive expertise in Adversarial AI, particularly in relation to the Defense Department and intelligence clientele. By investing in HiddenLayer, Booz Allen is further strengthening its commitment to enterprise AI tools in response to evolving national defense threats and the increasing expectations of consumers. As AI integration continues to surge, particularly in mission-critical systems, the potential vulnerabilities widen for various user categories, ranging from federal agencies to commercial enterprises.
The investment in HiddenLayer will enhance and expedite Booz Allen’s existing Adversarial AI capabilities, which have long focused on addressing key challenges associated with model security. These challenges include data poisoning, data leakage, model evasion, and malicious code injection.
This recent investment is just one of many AI-centric moves made by Booz Allen Ventures. The company has been actively identifying and supporting dual-purpose commercial tech solutions, having already invested in Shift5, Credo AI, Latent AI, and Reveal Technology. Notably, HiddenLayer recently secured $50 million in Series A funding, marking the largest funding round for a cybersecurity company focused on protecting AI this year. The funding was led by M12, a prominent venture capital firm.
Overall, Booz Allen’s investment in HiddenLayer highlights its commitment to advancing AI security and protecting machine learning models in an increasingly complex and challenging digital landscape.
BAH Stock: Mixed Performance on September 26, 2023 with Positive Outlook for Future Growth
BAH stock had a mixed performance on September 26, 2023. The stock opened at $107.79 and traded within a range of $106.95 to $108.52. The total volume of shares traded was 383,064, which is lower than the average volume over the past three months. Booz Allen Hamilton has a market capitalization of $14.2 billion.
In terms of earnings growth, the company experienced a decline of 40.97% in the previous year but has shown positive growth this year, with an increase of 8.56%. Analysts forecast a further growth of 13.00% in the next five years.
Booz Allen Hamilton also demonstrated revenue growth of 10.70% in the previous year. The stock has a price-to-earnings (P/E) ratio of 48.8, a price-to-sales ratio of 1.33, and a price-to-book ratio of 14.34.
On September 26, 2023, BAH stock experienced a decrease of 2.22 points or 1.92% in value. This decline in stock price may be attributed to various factors.
In comparison to other companies in the same sector, Booz Allen Hamilton’s performance on September 26, 2023, was relatively weaker.
Looking ahead, Booz Allen Hamilton’s next reporting date is scheduled for October 27, 2023. Analysts forecast earnings per share (EPS) of $1.34 for the current quarter. The company reported annual revenue of $9.3 billion in the previous year, with a net profit of $269.7 million. The net profit margin for Booz Allen Hamilton is 2.91%.
Booz Allen Hamilton operates in the commercial services sector, specifically in the miscellaneous commercial services industry. The company’s corporate headquarters are located in McLean, Virginia.
In summary, BAH stock had a mixed performance on September 26, 2023. While the company has shown positive earnings growth this year and a positive outlook for the next five years, the stock experienced a decline in value on that particular day. Investors should closely monitor the stock’s performance, market conditions, and company-specific news.
Booz Allen Hamilton Holding Corp (BAH) Stock Analysis: Potential Growth and Upcoming Reporting Date
On September 26, 2023, Booz Allen Hamilton Holding Corp (BAH) had a last price of $108.33. The median target price for BAH, according to 10 analysts, was $126.75, representing a potential increase of 17.00% from the last price. The high estimate was $144.00, while the low estimate was $120.00.
The current consensus among 13 polled investment analysts is to hold the stock in BAH. This rating has remained steady since September.
BAH reported earnings per share of $1.34 and sales of $2.6 billion for the current quarter.
Investors should keep an eye on BAH’s upcoming reporting date, which is scheduled for October 27.
Overall, the forecasts and consensus rating suggest that BAH’s stock has the potential for growth in the coming months. However, investors should conduct thorough research and consider their own risk tolerance before making any investment decisions.
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