Jacobs Solutions Inc. (J) is a major player in consulting, design, engineering, and infrastructure with a market cap of $17.8 billion. Its shares have surged by 18.5% in the past year, outperforming the S&P 500. After a strong Q3 earnings report, revenue grew 5.1% YoY to $3 billion, leading to a rise in stock price.
The company raised guidance for fiscal 2025, expecting adjusted net revenue to increase by 5.5% YoY, adjusted EBITDA margin near 13.9%, and adjusted EPS between $6 and $6.10. Analysts forecast a 14.6% annual growth in EPS for fiscal 2025, with Jacobs consistently surpassing estimates over the last four quarters.
Analysts have a “Moderate Buy” consensus rating on J stock, with a mean price target of $157 indicating 6.7% upside potential. UBS raised its price target to $166, citing strong quarterly results and growth prospects. KeyBanc and RBC Capital have set a target of $157, both viewing the stock favorably with bullish outlooks.
Read more at Yahoo Finance: What Are Wall Street Analysts’ Target Price for Jacobs Solutions Stock?
