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Goldman Downgrades Booz Allen Hamilton To 'Sell' Amid DOGE Contract Cancellations

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by Tyler Durden
Wednesday, May 28, 2025 - 04:25 PM

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Management consulting firm Booz Allen quietly evolved into a government-wide contracting behemoth over the past few decades. By 2024, an astounding 98% of its revenue came directly from government agencies.

Now, enter the DOGE era: Goldman analysts have downgraded Booz Allen from "Neutral" to "Sell," noting medium-term revenue growth is expected to be flat as federal civilian spending comes under pressure and priorities shift within various federal agencies. 

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