- Jacobs (J, Financial) announces collaboration with Boeing for a major expansion project in St. Louis.
- Analysts provide an optimistic average price target of $144.62 for Jacobs, indicating a 15.17% upside.
- Current brokerage recommendations rate Jacobs as "Outperform," while GuruFocus' GF Value suggests a potential downside.
Jacobs (J) delivered a notable 1.1% gain in pre-market trading, riding on the back of its latest announcement. The company will provide design and engineering services for Boeing's (BA) ambitious expansion project in St. Louis. This multi-phased endeavor, expected to stretch out until 2030, aims to nearly double Boeing's manufacturing footprint in the region.
Analyst Price Target Insights
The outlook from 13 analysts paints a positive picture for Jacobs Solutions Inc (J, Financial), with an average one-year price target of $144.62. This figure encompasses a high estimate of $165.00 and a low of $123.00, suggesting an enticing upside potential of 15.17% from the current trading price of $125.57. For a deeper dive into these predictions, visit the Jacobs Solutions Inc (J) Forecast page.
Brokerage Recommendations
In line with the promising price targets, 18 brokerage firms have aggregated their ratings to offer an average recommendation of 2.2 for Jacobs Solutions Inc (J, Financial), characterizing the stock as "Outperform." The recommendation scale spans from 1 (Strong Buy) to 5 (Sell), indicating analyst confidence in Jacobs' performance.
GuruFocus GF Value Analysis
Despite the bullish outlook from analysts, GuruFocus presents a more cautious perspective with its GF Value estimate for Jacobs Solutions Inc (J, Financial). Calculated to be $104.09 in one year's time, this estimate suggests a potential downside of 17.1% from the current price of $125.57. The GF Value metric is grounded in historical trading multiples, past business growth, and future performance estimates. For a comprehensive analysis, consult the Jacobs Solutions Inc (J) Summary page.
