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Research Alert: CFRA Upholds Buy Rating On Shares Of Jacobs Solutions Inc.

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-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lower our target price by $10 to $155 on a P/E of 19.1x our FY 27 (Sep.) EPS view, in line with J's three-year historical forward P/E average (19.7x). We raise our FY 26 EPS estimate by $0.09 to $7.26 and FY 27's by $0.25 to $8.13 on respective adjusted revenue projections of $9.50B (+9%) and $10.11B (+6%). We think J's underlying business is demonstrating exceptional health, with 9% organic growth and a record $27B backlog due to powerful AI infrastructure tailwinds. This momentum led management to raise FY 26 guidance for revenue, margin, and EPS for the second consecutive quarter. Key opportunities are centered in its data center business, which grew over 100% Y/Y with a pipeline up 400%. J continues to leverage its NVIDIA partnership to deliver digital twins and provide full EPCM (Engineering, Procurement, and Construction Management) solutions for next-generation AI factories. While the PA Consulting acquisition created temporary GAAP and cash flow distortions, these are viewed as manageable.

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