Jacobs Solutions Inc. (J), headquartered in Dallas, Texas, is a diversified force in consulting, design, engineering, and infrastructure delivery. With a market capitalization of approximately $17.8 billion, its portfolio spans project and program management, construction oversight, and long-term facility operations. 

Shares of Jacobs Solutions have rallied by 18.5% over the past 52 weeks, outpacing the S&P 500 Index ($SPX), which gained 14.3% during the same stretch. The momentum has carried into this year as well, with the stock rising 10.1% year-to-date (YTD) compared to the benchmark’s 9.5% gain.

Zooming in on the industrials sector, Jacobs Solutions’ shares have also outperformed the S&P 500 Industrial Sector SPDR’s (XLI) 17.3% gains over the past year. Yet on a YTD basis, XLI’s 15.1% increase has outpaced J stock’s 2025 rally.

Investor interest accelerated on Aug. 5, when the stock rose nearly 3.8% after Jacobs released its Q3 2025 earnings results. Revenue grew 5.1% year over year (YoY) to $3 billion, easily surpassing the analyst estimates of $2.2 billion. Adjusted EBITDA climbed to $314 million, marking an annual growth of 13.5%. Adjusted EPS jumped 24.6% to $1.62, ahead of Wall Street estimates. Alongside this, backlog rose 14% to a record level, signaling strong forward demand. 

Management has grown more confident and raised guidance for fiscal 2025 for the second time. It now projects adjusted net revenue to rise approximately 5.5% YoY, adjusted EBITDA margin to settle near 13.9%, and adjusted EPS to be between $6 and $6.10. 

For fiscal 2025, ending in September, analysts forecast 14.6% annual growth in EPS to $6.05 on a diluted basis. Moreover, the company has a consistent history of outperforming analyst estimates over the last four quarters.

Meanwhile, among 17 analysts covering J stock, the consensus rating stands at "Moderate Buy." That’s based on nine “Strong Buy” ratings, two “Moderate Buys,” and six “Hold” recommendations. 

The current analyst sentiment has grown slightly more bullish compared to three months ago, when eight analysts held “Strong Buy” ratings.

On Aug. 6, UBS Group AG (UBS) analyst Steven Fisher raised his price target to $166 from $152, maintaining a “Buy” rating after Jacobs delivered a beat-and-raise quarter supported by PA Consulting growth and strong bookings. He noted that demand conditions and continued margin expansion should further bolster earnings power. 

Meanwhile, KeyBanc and RBC Capital have set a target of $157 on J stock. Both firms hold favorable views, with KeyBanc rating the stock “Overweight” and RBC Capital maintaining an “Outperform” stance.

The mean price target of $157 implies 6.7% upside potential from current levels. The Street-High target of $170 suggests that the stock could rally as much as 15.6%.