Key Highlights:
- Jacobs secures a $1.5 billion contract with the U.S. Air Force for global environmental projects.
- Analysts project a 27.38% potential upside with an average target price of $149.69.
- GuruFocus estimates suggest a possible downside of 15.25% based on GF Value calculations.
Jacobs Secures a Major Contract
Jacobs (J, Financial) has recently been awarded a remarkable contract by the U.S. Air Force Civil Engineer Center. This agreement, which spans a potential decade, is valued at up to $1.5 billion. The focus will be on providing architectural and engineering support for environmental projects globally, emphasizing initiatives around environmental restoration and quality.
Analyst Predictions and Price Targets
Wall Street analysts have set various one-year price targets for Jacobs Solutions Inc (J, Financial), with an average target price of $149.69. Projections range from a high of $176.00 to a low of $128.00. This average target suggests a potential upside of 27.38% from the current market price of $117.51. For more in-depth estimates, visit the Jacobs Solutions Inc (J) Forecast page.
Brokerage Recommendations
Currently, Jacobs Solutions Inc (J, Financial) holds an "Outperform" rating, reflected in its average brokerage recommendation of 2.2 from 18 firms. This rating is based on a scale where 1 is a Strong Buy, and 5 is a Sell, underscoring optimistic sentiment towards the stock.
GuruFocus Estimated GF Value
According to GuruFocus estimates, the GF Value for Jacobs Solutions Inc (J, Financial) is calculated at $99.59 for the upcoming year. This indicates a possible downside of 15.25% from the current trading price of $117.51. The GF Value is derived from historical trading multiples, past business growth, and projected future performance. For additional insights, visit the Jacobs Solutions Inc (J) Summary page.
