Maximus stock: Maximus reports 1.7x leverage. Argus target for Maximus stock is USD 50.00

Published on 10/23/2026 at 03:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Agile Defense costs USD 660.00 million, with up to USD 50.00 million in earnouts. For Maximus stock, results arrive November 19, 2026.

Acquisition and reporting timetable

Maximus agreed to a USD 660.00 million Agile Defense acquisition on October 19, 2026.
Maximus reported a 1.7x preliminary net leverage ratio for the quarter ended September 30, 2026.
Maximus scheduled fiscal 2026 results for November 19, 2026.

MMS, US5779331041, Illustration mit AI erstellt.

Maximus, Inc. (ISIN US5779331041) reported a preliminary net leverage ratio of 1.7x for the quarter ended September 30, 2026, while its planned Agile Defense acquisition carries a USD 660.00 million cash price. On September 30, 2026, Argus set a USD 50.00 price target, according to Yahoo Finance.

Agile deal changes the mix

Maximus announced on October 19, 2026, that it had entered an agreement to acquire Agile Defense. The cash consideration is USD 660.00 million, with potential contingent payments of up to USD 50.00 million tied to performance objectives. The transaction is expected to close in the first quarter of fiscal 2027 and requires regulatory clearance.

The acquisition would add cybersecurity, digital transformation, data analytics and artificial intelligence capabilities, alongside approximately 1,100 cleared personnel and relationships with more than 50 federal agencies. That mix gives the deal a clear federal technology angle, but the purchase price and integration timetable remain material execution factors.

What does leverage mean?

The SEC filing dated October 20, 2026, put preliminary net leverage at 1.7x before the acquisition and between 2.2x and 2.3x after including it. The latter remains inside Maximus' stated target range of 2x to 3x, but it shows how the transaction changes the balance-sheet profile before closing.

According to Maximus, third-quarter fiscal 2026 revenue was USD 1.28 billion for the quarter ended June 30, 2026. Adjusted EBITDA margin was 15.0 percent and adjusted diluted earnings per share was USD 2.22, giving the planned acquisition a current operating base for comparison.

November reporting date

Chronology places the companys USD 0.33 quarterly dividend on October 5, 2026, the USD 660.00 million Agile Defense agreement on October 19, 2026, and the 1.7x preliminary leverage figure on October 20, 2026. The sequence moves from shareholder distribution to expansion and then to balance-sheet disclosure.

Business Wire scheduled the fiscal 2026 results release for November 19, 2026, with the conference call at 9:00 a.m. ET. The SEC filing also identifies December 18, 2026, as the initial termination date if the acquisition has not closed, subject to a possible extension.

Market value stays measurable

Maximus had a USD 3.3 billion market capitalization and a USD 51.04 to USD 100.00 52-week range as of October 22, 2026. The last available primary-exchange quote was USD 63.38 on the NYSE on October 22, 2026 at 4:00 p.m. ET, placing the acquisition debate against a business-services company with a substantial federal-services footprint.

The further course of trading is shown by the continuously updated real-time quote of Maximus stock.