From Nasdaq: 2025-05-21 10:18:00

AECOM, a global infrastructure leader, partners with the Saudi Ministry of Sport for site supervision consultancy at King Fahd Sport City in Riyadh. The project aims to transform the stadium for the AFC Asian Cup 2027 and 2034 FIFA World Cup, aligning with Saudi Arabia’s Vision 2030 goals for economic growth and community development.

AECOM leverages its global sports and construction experience to support the stadium upgrade in Riyadh. With expertise from major events like the Qatar World Cup and London Olympics, AECOM Hunt will play a key role in enhancing King Fahd Sports City to meet FIFA standards and promote Saudi Arabia’s Vision 2030 objectives.

AECOM shows strong backlog growth, reflecting positive prospects in infrastructure projects. With a backlog of $24.27 billion, up from the previous year, and a 80% win rate on major projects, AECOM’s competitive advantage in securing large, complex projects is evident. The company anticipates continued growth in the improving global infrastructure sector.

AECOM’s stock performance has declined slightly in the past six months but remains poised for growth. With a focus on end-market strength and organic revenue growth, AECOM is positioned to benefit from infrastructure investments. The company anticipates further growth supported by the new U.S. administration’s policies driving infrastructure spending.

Zacks Investment Research names AECOM as a top stock pick in the construction sector. With a Zacks Rank #2 (Buy), AECOM is recognized for its potential in the industry. Other top-ranked stocks in the sector include Sterling Infrastructure, EMCOR Group, and Gibraltar Industries, each showing strong performance and growth potential in their respective markets.



Read more at Nasdaq: AECOM to Support King Fahd Stadium Transformation for Vision 2030