Jacobs Engineering Group (J) Stock Forecast, Price Target & Predictions


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J Stock Forecast


Jacobs Engineering Group stock forecast is as follows: an average price target of $163.00 (represents a 21.59% upside from J’s last price of $134.06) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.

J Price Target


The average price target for Jacobs Engineering Group (J) is $163.00 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $166.00 to $160.00. This represents a potential 21.59% upside from J's last price of $134.06.

J Analyst Ratings


Buy

According to 8 Wall Street analysts, Jacobs Engineering Group's rating consensus is 'Buy'. The analyst rating breakdown for J stock is 0 'Strong Buy' (0.00%), 6 'Buy' (75.00%), 2 'Hold' (25.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Jacobs Engineering Group Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 22, 2024Andrew KaplowitzCitigroup$166.00$143.5415.65%23.83%
Oct 04, 2024Brian GesualeRaymond James$160.00$138.9115.18%19.35%
Apr 02, 2024Bert SubinStifel Nicolaus$160.00$149.716.87%19.35%
Mar 13, 2024Jamie CookTruist Financial$154.00$150.642.23%14.87%
Aug 04, 2022RBC Capital$155.00$127.9121.18%15.62%
Aug 02, 2022Citigroup$151.00$129.5216.58%12.64%
Aug 02, 2022Credit Suisse$154.00$129.5218.90%14.87%
Jun 29, 2022Bert SubinStifel Nicolaus$158.00$124.3627.05%17.86%
Feb 09, 2022Andrew KaplowitzCitigroup$163.00$127.7427.60%21.59%
Feb 09, 2022Jamie CookCredit Suisse$161.00$127.7426.04%20.10%

The latest Jacobs Engineering Group stock forecast, released on Oct 22, 2024 by Andrew Kaplowitz from Citigroup, set a price target of $166.00, which represents a 15.65% increase from the stock price at the time of the forecast ($143.54), and a 23.83% increase from J last price ($134.06).

Jacobs Engineering Group Price Target by Period


1M3M12M
# Anlaysts-24
Avg Price Target-$163.00$160.00
Last Closing Price$134.06$134.06$134.06
Upside/Downside-100.00%21.59%19.35%

In the current month, the average price target of Jacobs Engineering Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Jacobs Engineering Group's last price of $134.06. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 22, 2024CitigroupBuyBuyHold
Oct 04, 2024Raymond JamesOutperformUpgrade
Apr 02, 2024Bank of America SecuritiesNeutralNeutralHold
Feb 07, 2024RBC CapitalBuyBuyHold
Jan 10, 2024Stifel NicolausBuyBuyHold
Feb 08, 2023RBC CapitalOutperformOutperformHold
Aug 04, 2022RBC CapitalOutperformOutperformHold
Aug 02, 2022CitigroupBuyBuyHold
Aug 02, 2022Credit SuisseOutperformOutperformHold
Apr 27, 2022RBC CapitalOutperformInitialise
Apr 26, 2022Berenberg BankHoldDowngrade
Dec 19, 2021BarclaysOverweightOverweightHold

Jacobs Engineering Group's last stock rating was published by Citigroup on Oct 22, 2024. The company gave J a "Buy" rating, the same as its previous rate.

Jacobs Engineering Group Financial Forecast


Jacobs Engineering Group Revenue Forecast

Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
Revenue----------------$4.29B$4.19B$4.08B$3.80B$3.88B$3.83B$3.83B$3.38B$3.59B$3.58B$3.55B-$3.52B$3.26B
Avg Forecast$3.45B$3.36B$3.34B$3.26B$3.36B$3.27B$3.23B$3.16B$3.06B$2.96B$2.90B$2.92B$4.50B$4.39B$4.32B$4.02B$4.21B$4.07B$3.99B$3.62B$3.85B$3.81B$3.75B$3.62B$3.80B$3.64B$3.49B$3.32B$3.35B$3.17B
High Forecast$3.49B$3.40B$3.37B$3.29B$3.40B$3.31B$3.27B$3.20B$3.10B$2.99B$2.92B$2.97B$4.50B$4.39B$4.32B$4.03B$4.44B$4.11B$4.04B$3.66B$3.85B$3.81B$3.75B$3.62B$3.80B$3.64B$3.49B$3.32B$3.35B$3.17B
Low Forecast$3.41B$3.32B$3.30B$3.22B$3.32B$3.23B$3.20B$3.12B$3.03B$2.92B$2.89B$2.88B$4.50B$4.39B$4.32B$4.00B$3.56B$4.02B$3.95B$3.58B$3.85B$3.81B$3.75B$3.62B$3.80B$3.64B$3.49B$3.32B$3.35B$3.17B
# Analysts22222221114421139447533854871317
Surprise %----------------1.02%1.03%1.02%1.05%1.01%1.00%1.02%0.93%0.94%0.98%1.02%-1.05%1.03%

Jacobs Engineering Group's average Quarter revenue forecast for Dec 23 based on 3 analysts is $4.02B, with a low forecast of $4.00B, and a high forecast of $4.03B. J's average Quarter revenue forecast represents a -6.28% decrease compared to the company's last Quarter revenue of $4.29B (Sep 23).

Jacobs Engineering Group EBITDA Forecast

Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
# Analysts22222221114421139447533854871317
EBITDA----------------$361.98M$343.64M$371.11M$315.31M$388.80M$375.10M$252.09M$242.49M$235.42M$370.95M$61.42M-$123.88M$376.21M
Avg Forecast$271.52M$264.01M$262.26M$256.07M$264.15M$257.04M$254.34M$248.57M$240.91M$232.51M$228.18M$229.81M$353.64M$345.01M$273.79M$316.02M$331.18M$319.69M$248.90M$111.31M$262.74M$259.92M$226.27M$246.82M$259.04M$248.28M$48.96M$226.54M$228.62M$216.39M
High Forecast$274.57M$266.97M$265.21M$258.95M$267.12M$259.93M$257.20M$251.37M$243.62M$235.12M$229.69M$233.73M$353.74M$345.01M$328.55M$316.81M$349.41M$323.28M$298.68M$133.57M$262.74M$259.92M$271.53M$246.82M$259.04M$248.28M$58.75M$226.54M$228.62M$216.39M
Low Forecast$268.32M$260.90M$259.18M$253.06M$261.05M$254.02M$251.35M$245.65M$238.08M$229.77M$227.43M$226.67M$353.54M$345.01M$219.03M$314.45M$279.94M$315.93M$199.12M$89.04M$262.74M$259.92M$181.02M$246.82M$259.04M$248.28M$39.17M$226.54M$228.62M$216.39M
Surprise %----------------1.09%1.07%1.49%2.83%1.48%1.44%1.11%0.98%0.91%1.49%1.25%-0.54%1.74%

3 analysts predict J's average Quarter EBITDA for Dec 23 to be $316.02M, with a high of $316.81M and a low of $314.45M. This is -12.70% lower than Jacobs Engineering Group's previous annual EBITDA (Sep 23) of $361.98M.

Jacobs Engineering Group Net Income Forecast

Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
# Analysts22222221114421139447533854871317
Net Income----------------$149.38M$164.24M$216.51M$135.65M$225.21M$195.98M$88.82M$153.20M$43.15M$165.79M$11.04M-$81.99M$244.93M
Avg Forecast$241.93M$231.65M$225.77M$205.63M$233.99M$221.82M$212.62M$186.34M$210.98M$197.21M$185.99M$158.54M$221.51M$204.78M$104.91M$162.46M$210.62M$189.68M$95.37M$151.12M$185.92M$188.99M$86.70M$165.62M$164.88M$160.34M$8.80M$133.73M$138.16M$104.67M
High Forecast$245.47M$235.04M$229.07M$208.64M$237.41M$225.06M$215.73M$189.06M$214.07M$200.09M$188.49M$165.92M$224.75M$207.77M$125.89M$164.62M$241.03M$192.45M$114.45M$181.35M$185.92M$188.99M$104.04M$165.62M$169.11M$160.34M$10.56M$133.73M$138.16M$104.67M
Low Forecast$238.23M$228.11M$222.32M$202.49M$230.42M$218.43M$209.37M$183.49M$207.76M$194.20M$184.74M$153.63M$218.12M$201.65M$83.93M$159.21M$-18.02M$186.78M$76.30M$120.90M$185.92M$188.99M$69.36M$165.62M$160.66M$160.34M$7.04M$133.73M$138.16M$104.67M
Surprise %----------------0.71%0.87%2.27%0.90%1.21%1.04%1.02%0.93%0.26%1.03%1.25%-0.59%2.34%

Jacobs Engineering Group's average Quarter net income forecast for Dec 23 is $162.46M, with a range of $159.21M to $164.62M. J's average Quarter net income forecast represents a 8.75% increase compared to the company's last Quarter net income of $149.38M (Sep 23).

Jacobs Engineering Group SG&A Forecast

Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
# Analysts22222221114421139447533854871317
SG&A----------------$633.74M$587.00M$600.43M$576.91M$527.14M$558.71M$704.20M$619.14M$576.25M$553.19M$808.13M-$642.46M$434.65M
Avg Forecast$561.14M$545.63M$542.01M$529.22M$545.92M$531.23M$525.65M$513.72M$497.89M$480.52M$471.59M$474.95M$730.87M$713.04M$831.79M$653.13M$684.44M$660.70M$756.17M$698.08M$608.02M$601.51M$687.43M$571.19M$599.47M$574.56M$644.16M$524.24M$529.06M$500.76M
High Forecast$567.45M$551.76M$548.10M$535.17M$552.06M$537.20M$531.56M$519.50M$503.49M$485.93M$474.71M$483.05M$731.07M$713.04M$998.15M$654.75M$722.14M$668.13M$907.41M$837.70M$608.02M$601.51M$824.91M$571.19M$599.47M$574.56M$772.99M$524.24M$529.06M$500.76M
Low Forecast$554.55M$539.21M$535.64M$522.99M$539.51M$524.98M$519.47M$507.68M$492.04M$474.87M$470.02M$468.46M$730.67M$713.04M$665.43M$649.87M$578.55M$652.93M$604.94M$558.47M$608.02M$601.51M$549.94M$571.19M$599.47M$574.56M$515.33M$524.24M$529.06M$500.76M
Surprise %----------------0.93%0.89%0.79%0.83%0.87%0.93%1.02%1.08%0.96%0.96%1.25%-1.21%0.87%

Jacobs Engineering Group's average Quarter SG&A projection for Dec 23 is $653.13M, based on 3 Wall Street analysts, with a range of $649.87M to $654.75M. The forecast indicates a 3.06% rise compared to J last annual SG&A of $633.74M (Sep 23).

Jacobs Engineering Group EPS Forecast

Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
# Analysts22222221114421139447533854871317
EPS----------------$1.18$1.30$1.71$1.07$1.76$1.53$0.69$1.18$0.33$0.83$0.08-$0.62$1.88
Avg Forecast$1.94$1.85$1.81$1.65$1.87$1.78$1.70$1.49$1.69$1.58$1.49$1.27$1.77$1.64$1.55$1.30$1.69$1.52$1.48$1.34$1.48$1.50$1.40$1.32$1.31$1.28$1.15$1.06$1.10$0.83
High Forecast$1.97$1.88$1.83$1.67$1.90$1.80$1.73$1.51$1.71$1.60$1.51$1.33$1.80$1.66$1.56$1.32$1.93$1.54$1.50$1.36$1.48$1.50$1.42$1.32$1.35$1.28$1.15$1.06$1.10$0.83
Low Forecast$1.91$1.83$1.78$1.62$1.85$1.75$1.68$1.47$1.66$1.56$1.48$1.23$1.75$1.61$1.53$1.27$-0.14$1.50$1.45$1.32$1.48$1.50$1.39$1.32$1.28$1.28$1.15$1.06$1.10$0.83
Surprise %----------------0.70%0.86%1.16%0.80%1.19%1.02%0.49%0.89%0.25%0.65%0.07%-0.57%2.26%

According to 3 Wall Street analysts, Jacobs Engineering Group's projected average Quarter EPS for Dec 23 is $1.30, with a low estimate of $1.27 and a high estimate of $1.32. This represents a 10.24% increase compared to J previous annual EPS of $1.18 (Sep 23).

Jacobs Engineering Group Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
KBRKBR$56.82$82.0044.32%Buy
DYDycom Industries$176.99$230.5030.23%Buy
BLDTopBuild$338.29$431.0027.41%Buy
FIXComfort Systems USA$454.47$575.0026.52%Buy
JJacobs Engineering Group$134.66$163.0021.05%Buy
TTEKTetra Tech$41.49$48.0015.69%Buy
FLRFluor$53.45$60.0012.25%Buy
MTZMasTec$136.54$151.0010.59%Buy
TPCTutor Perini$26.40$26.500.38%Buy
ACMAECOM$110.40$109.40-0.91%Buy
MYRGMYR Group$163.42$138.33-15.35%Buy
STNStantec$81.14$62.07-23.50%Hold
GVAGranite Construction$91.78$70.00-23.73%

J Forecast FAQ


Is Jacobs Engineering Group a good buy?

Yes, according to 8 Wall Street analysts, Jacobs Engineering Group (J) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 75.00% of J's total ratings.

What is J's price target?

Jacobs Engineering Group (J) average price target is $163 with a range of $160 to $166, implying a 21.59% from its last price of $134.06. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Jacobs Engineering Group stock go up soon?

According to Wall Street analysts' prediction for J stock, the company can go up by 21.59% (from the last price of $134.06 to the average price target of $163), up by 23.83% based on the highest stock price target, and up by 19.35% based on the lowest stock price target.

Can Jacobs Engineering Group stock reach $200?

J's average twelve months analyst stock price target of $163 does not support the claim that Jacobs Engineering Group can reach $200 in the near future.

What are Jacobs Engineering Group's analysts' financial forecasts?

Jacobs Engineering Group's analysts financial forecasts for the fiscal year (Sep 2026) are as follows: average revenue is $13.02B (high $13.17B, low $12.87B), average EBITDA is $1.02B (high $1.04B, low $1.01B), average net income is $854.77M (high $867.27M, low $841.71M), average SG&A $2.12B (high $2.14B, low $2.09B), and average EPS is $6.84 (high $6.94, low $6.74). J's analysts financial forecasts for the fiscal year (Sep 2027) are as follows: average revenue is $13.4B (high $13.55B, low $13.25B), average EBITDA is $1.05B (high $1.07B, low $1.04B), average net income is $904.98M (high $918.21M, low $891.15M), average SG&A $2.18B (high $2.2B, low $2.15B), and average EPS is $7.25 (high $7.35, low $7.14).

Did the J's actual financial results beat the analysts' financial forecasts?

Based on Jacobs Engineering Group's last annual report (Sep 2022), the company's revenue was $14.92B, which missed the average analysts forecast of $15.04B by -0.76%. Apple's EBITDA was $1.28B, beating the average prediction of $995.75M by 28.31%. The company's net income was $644.04M, beating the average estimation of $627.23M by 2.68%. Apple's SG&A was $2.41B, missing the average forecast of $2.47B by -2.39%. Lastly, the company's EPS was $5.01, missing the average prediction of $5.71 by -12.20%. In terms of the last quarterly report (Sep 2023), Jacobs Engineering Group's revenue was $4.29B, beating the average analysts' forecast of $4.21B by 1.82%. The company's EBITDA was $361.98M, beating the average prediction of $331.18M by 9.30%. Jacobs Engineering Group's net income was $149.38M, missing the average estimation of $210.62M by -29.08%. The company's SG&A was $633.74M, missing the average forecast of $684.44M by -7.41%. Lastly, the company's EPS was $1.18, missing the average prediction of $1.69 by -30.03%