AECOM (NYSE:ACM) received a price target increase to $132 from $126 by Truist on February 11, 2026, with a Buy rating. Fiscal Q1 EPS beat expectations, supported by 2% net service revenue growth. The company’s pipeline reached record levels, with the Americas pipeline up 20% year over year.
BofA analyst Michael Feniger raised AECOM’s price target to $118 from $117 on February 10, 2026, maintaining a Buy rating after a “solid” fiscal Q1 report. The firm sees infrastructure tailwinds, margin expansion, and strong backlog visibility benefiting AECOM.
AECOM reported Q1 revenue of $3.83 billion on February 9, 2026, exceeding the $3.53 billion consensus estimate. CEO Troy Rudd highlighted outperformance in key financial metrics, leading to raised full-year guidance. Backlog increased 9%, supported by a 1.5 book-to-burn ratio and significant project wins. Investments in Advisory, Program Management, and technology initiatives aim to drive long-term growth.
Read more at Yahoo Finance.: Truist Increases its Price Target on AECOM (ACM) to $132 and Maintains a Buy Rating
