Jacobs Engineering Group (J) Stock Forecast, Price Target & Predictions
J Stock Forecast
Jacobs Engineering Group stock forecast is as follows: an average price target of $158.17 (represents a 19.37% upside from J’s last price of $132.50) 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 $158.17 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 $154.00. This represents a potential 19.37% upside from J's last price of $132.50.
J Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 22, 2024 | Andrew Kaplowitz | Citigroup | $166.00 | $143.54 | 15.65% | 25.28% |
| Oct 04, 2024 | Brian Gesuale | Raymond James | $160.00 | $138.91 | 15.18% | 20.75% |
| Apr 02, 2024 | Bert Subin | Stifel Nicolaus | $160.00 | $149.71 | 6.87% | 20.75% |
| Mar 13, 2024 | Jamie Cook | Truist Financial | $154.00 | $150.64 | 2.23% | 16.23% |
| Aug 04, 2022 | - | RBC Capital | $155.00 | $127.91 | 21.18% | 16.98% |
| Aug 02, 2022 | - | Citigroup | $151.00 | $129.52 | 16.58% | 13.96% |
| Aug 02, 2022 | - | Credit Suisse | $154.00 | $129.52 | 18.90% | 16.23% |
| Jun 29, 2022 | Bert Subin | Stifel Nicolaus | $158.00 | $124.36 | 27.05% | 19.25% |
| Feb 09, 2022 | Jamie Cook | Credit Suisse | $161.00 | $127.74 | 26.04% | 21.51% |
| Feb 09, 2022 | Andrew Kaplowitz | Citigroup | $163.00 | $127.74 | 27.60% | 23.02% |
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 25.28% increase from J last price ($132.50).
Jacobs Engineering Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 2 | 4 |
| Avg Price Target | $166.00 | $163.00 | $160.00 |
| Last Closing Price | $132.50 | $132.50 | $132.50 |
| Upside/Downside | 25.28% | 23.02% | 20.75% |
In the current month, the average price target of Jacobs Engineering Group stock is $166.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 25.28% increase as opposed to Jacobs Engineering Group's last price of $132.50. This month's average price target is up 1.84% compared to last quarter, and up 3.75% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 22, 2024 | Citigroup | Buy | Buy | Hold |
| Oct 04, 2024 | Raymond James | - | Outperform | Upgrade |
| Apr 02, 2024 | Bank of America Securities | Neutral | Neutral | Hold |
| Feb 07, 2024 | RBC Capital | Buy | Buy | Hold |
| Jan 10, 2024 | Stifel Nicolaus | Buy | Buy | Hold |
| Feb 08, 2023 | RBC Capital | Outperform | Outperform | Hold |
| Aug 04, 2022 | RBC Capital | Outperform | Outperform | Hold |
| Aug 02, 2022 | Citigroup | Buy | Buy | Hold |
| Aug 02, 2022 | Credit Suisse | Outperform | Outperform | Hold |
| Apr 27, 2022 | RBC Capital | - | Outperform | Initialise |
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 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $3.43B | $3.36B | $3.39B | $3.17B |
| Avg Forecast | $3.38B | $3.23B | $3.19B | $3.14B | $3.22B | $3.09B | $3.05B | $3.00B | $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 | $3.39B | $3.32B | $3.22B | $3.14B |
| High Forecast | $3.38B | $3.23B | $3.19B | $3.14B | $3.22B | $3.09B | $3.05B | $3.00B | $4.50B | $4.39B | $4.32B | $4.03B | $4.44B | $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 | $3.39B | $3.32B | $3.22B | $3.14B |
| Low Forecast | $3.38B | $3.23B | $3.19B | $3.14B | $3.22B | $3.09B | $3.05B | $3.00B | $4.50B | $4.39B | $4.32B | $4.00B | $3.56B | $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 | $3.39B | $3.32B | $3.22B | $3.14B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 9 | 4 | 4 | 3 | 5 | 3 | 3 | 8 | 5 | 4 | 8 | 7 | 13 | 17 | 9 | 8 | 8 | 10 |
| 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% | 1.01% | 1.01% | 1.05% | 1.01% |
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 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 9 | 4 | 4 | 3 | 5 | 3 | 3 | 8 | 5 | 4 | 8 | 7 | 13 | 17 | 9 | 8 | 8 | 10 |
| 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 | $-93.39M | $384.31M | $219.83M | $585.67M |
| Avg Forecast | $230.35M | $220.06M | $217.39M | $214.34M | $219.85M | $210.40M | $207.89M | $204.87M | $306.72M | $299.23M | $273.79M | $274.09M | $287.24M | $277.27M | $248.90M | $111.31M | $262.74M | $259.92M | $226.27M | $246.82M | $259.04M | $248.28M | $48.96M | $226.54M | $228.62M | $216.39M | $216.01M | $226.09M | $219.42M | $214.21M |
| High Forecast | $230.35M | $220.06M | $217.39M | $214.34M | $219.85M | $210.40M | $207.89M | $204.87M | $306.72M | $299.23M | $328.55M | $274.78M | $303.05M | $277.27M | $298.68M | $133.57M | $262.74M | $259.92M | $271.53M | $246.82M | $259.04M | $248.28M | $58.75M | $226.54M | $228.62M | $216.39M | $259.21M | $226.09M | $219.42M | $214.21M |
| Low Forecast | $230.35M | $220.06M | $217.39M | $214.34M | $219.85M | $210.40M | $207.89M | $204.87M | $306.72M | $299.23M | $219.03M | $272.73M | $242.80M | $277.27M | $199.12M | $89.04M | $262.74M | $259.92M | $181.02M | $246.82M | $259.04M | $248.28M | $39.17M | $226.54M | $228.62M | $216.39M | $172.81M | $226.09M | $219.42M | $214.21M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.26% | 1.24% | 1.49% | 2.83% | 1.48% | 1.44% | 1.11% | 0.98% | 0.91% | 1.49% | 1.25% | - | 0.54% | 1.74% | -0.43% | 1.70% | 1.00% | 2.73% |
3 analysts predict J's average Quarter EBITDA for Dec 23 to be $274.09M, with a high of $274.78M and a low of $272.73M. This is -24.28% lower than Jacobs Engineering Group's previous annual EBITDA (Sep 23) of $361.98M.
Jacobs Engineering Group Net Income Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 9 | 4 | 4 | 3 | 5 | 3 | 3 | 8 | 5 | 4 | 8 | 7 | 13 | 17 | 9 | 8 | 8 | 10 |
| 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 | $-92.09M | $257.01M | $142.32M | $524.44M |
| Avg Forecast | $274.79M | $248.57M | $247.53M | $224.45M | $204.86M | $194.68M | $187.68M | $163.99M | $229.07M | $205.98M | $104.91M | $163.41M | $211.86M | $190.79M | $95.37M | $151.12M | $185.92M | $188.99M | $86.70M | $165.62M | $164.88M | $160.34M | $8.80M | $133.73M | $138.16M | $104.67M | $153.48M | $124.25M | $138.33M | $129.75M |
| High Forecast | $274.79M | $248.57M | $247.53M | $224.45M | $204.86M | $194.68M | $187.68M | $163.99M | $229.07M | $205.98M | $125.89M | $165.59M | $242.45M | $190.79M | $114.45M | $181.35M | $185.92M | $188.99M | $104.04M | $165.62M | $169.11M | $160.34M | $10.56M | $133.73M | $138.16M | $104.67M | $184.17M | $124.25M | $138.33M | $129.75M |
| Low Forecast | $274.79M | $248.57M | $247.53M | $224.45M | $204.86M | $194.68M | $187.68M | $163.99M | $229.07M | $205.98M | $83.93M | $160.14M | $-18.13M | $190.79M | $76.30M | $120.90M | $185.92M | $188.99M | $69.36M | $165.62M | $160.66M | $160.34M | $7.04M | $133.73M | $138.16M | $104.67M | $122.78M | $124.25M | $138.33M | $129.75M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.71% | 0.86% | 2.27% | 0.90% | 1.21% | 1.04% | 1.02% | 0.93% | 0.26% | 1.03% | 1.25% | - | 0.59% | 2.34% | -0.60% | 2.07% | 1.03% | 4.04% |
Jacobs Engineering Group's average Quarter net income forecast for Dec 23 is $163.41M, with a range of $160.14M to $165.59M. J's average Quarter net income forecast represents a 9.39% increase compared to the company's last Quarter net income of $149.38M (Sep 23).
Jacobs Engineering Group SG&A Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 9 | 4 | 4 | 3 | 5 | 3 | 3 | 8 | 5 | 4 | 8 | 7 | 13 | 17 | 9 | 8 | 8 | 10 |
| 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 | $480.36M | $493.23M | $566.45M | $536.18M |
| Avg Forecast | $533.07M | $509.25M | $503.08M | $496.03M | $508.77M | $486.91M | $481.10M | $474.10M | $709.80M | $692.48M | $831.79M | $634.30M | $664.71M | $641.66M | $756.17M | $698.08M | $608.02M | $601.51M | $687.43M | $571.19M | $599.47M | $574.56M | $644.16M | $524.24M | $529.06M | $500.76M | $447.10M | $523.20M | $507.78M | $495.72M |
| High Forecast | $533.07M | $509.25M | $503.08M | $496.03M | $508.77M | $486.91M | $481.10M | $474.10M | $709.80M | $692.48M | $998.15M | $635.88M | $701.32M | $641.66M | $907.41M | $837.70M | $608.02M | $601.51M | $824.91M | $571.19M | $599.47M | $574.56M | $772.99M | $524.24M | $529.06M | $500.76M | $536.52M | $523.20M | $507.78M | $495.72M |
| Low Forecast | $533.07M | $509.25M | $503.08M | $496.03M | $508.77M | $486.91M | $481.10M | $474.10M | $709.80M | $692.48M | $665.43M | $631.14M | $561.87M | $641.66M | $604.94M | $558.47M | $608.02M | $601.51M | $549.94M | $571.19M | $599.47M | $574.56M | $515.33M | $524.24M | $529.06M | $500.76M | $357.68M | $523.20M | $507.78M | $495.72M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 0.91% | 0.79% | 0.83% | 0.87% | 0.93% | 1.02% | 1.08% | 0.96% | 0.96% | 1.25% | - | 1.21% | 0.87% | 1.07% | 0.94% | 1.12% | 1.08% |
Jacobs Engineering Group's average Quarter SG&A projection for Dec 23 is $634.30M, based on 3 Wall Street analysts, with a range of $631.14M to $635.88M. The forecast indicates a 0.09% rise compared to J last annual SG&A of $633.74M (Sep 23).
Jacobs Engineering Group EPS Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 9 | 4 | 4 | 3 | 5 | 3 | 3 | 8 | 5 | 4 | 8 | 7 | 13 | 17 | 9 | 8 | 8 | 10 |
| 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 | $-0.69 | $1.93 | $1.06 | $3.83 |
| Avg Forecast | $2.19 | $1.98 | $1.97 | $1.79 | $1.63 | $1.55 | $1.49 | $1.31 | $1.82 | $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 | $1.09 | $0.99 | $1.10 | $1.03 |
| High Forecast | $2.19 | $1.98 | $1.97 | $1.79 | $1.63 | $1.55 | $1.49 | $1.31 | $1.82 | $1.64 | $1.56 | $1.32 | $1.93 | $1.52 | $1.50 | $1.34 | $1.48 | $1.50 | $1.42 | $1.32 | $1.35 | $1.28 | $1.15 | $1.06 | $1.10 | $0.83 | $1.09 | $0.99 | $1.10 | $1.03 |
| Low Forecast | $2.19 | $1.98 | $1.97 | $1.79 | $1.63 | $1.55 | $1.49 | $1.31 | $1.82 | $1.64 | $1.53 | $1.27 | $-0.14 | $1.52 | $1.45 | $1.34 | $1.48 | $1.50 | $1.39 | $1.32 | $1.28 | $1.28 | $1.15 | $1.06 | $1.10 | $0.83 | $1.09 | $0.99 | $1.10 | $1.03 |
| 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% | -0.63% | 1.95% | 0.96% | 3.71% |
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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| TTEK | Tetra Tech | $40.22 | $164.00 | 307.76% | Buy |
| KBR | KBR | $58.08 | $73.20 | 26.03% | Buy |
| J | Jacobs Engineering Group | $132.50 | $158.17 | 19.37% | Buy |
| DY | Dycom Industries | $176.56 | $205.17 | 16.20% | Buy |
| BLD | TopBuild | $351.10 | $396.50 | 12.93% | Buy |
| FIX | Comfort Systems USA | $476.25 | $525.00 | 10.24% | Buy |
| FLR | Fluor | $52.53 | $57.83 | 10.09% | Buy |
| ACM | AECOM | $109.47 | $105.14 | -3.96% | Buy |
| MTZ | MasTec | $140.82 | $134.67 | -4.37% | Buy |
| MYRG | MYR Group | $145.46 | $138.33 | -4.90% | Buy |
| TPC | Tutor Perini | $28.82 | $26.50 | -8.05% | Buy |
| STN | Stantec | $84.13 | $62.07 | -26.22% | Hold |
| GVA | Granite Construction | $97.25 | $70.00 | -28.02% | - |