Jacobs Solutions (NYSE:J) Given New $150.00 Price Target at KeyCorp

Key Points

• KeyCorp cut its price target on Jacobs Solutions from $154 to $150 but kept an "overweight" rating, implying roughly a 17% upside; the consensus analyst target is about $152.60 with an average "Moderate Buy" rating.
• Operational beat and raised guidance: Jacobs beat Q2 estimates (EPS $1.75 vs. $1.64; revenue $2.33B vs. $2.28B) and raised FY‑2026 EPS guidance to $7.10–$7.35, citing strong AI/data‑center infrastructure demand.
• Near‑term risks: GAAP results were weighed down by acquisition charges producing a GAAP loss and management's revenue guide (~$13.0B) was below Street expectations (~$13.3B); shares fell about 6.3% to $127.97 on the news.

Jacobs Solutions (NYSE:J - Get Free Report) had its price objective decreased by equities researchers at KeyCorp from $154.00 to $150.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage currently has an "overweight" rating on the stock. KeyCorp's price objective would suggest a potential upside of 17.21% from the company's current price.

Other analysts have also recently issued reports about the company. Wells Fargo & Company upped their price target on Jacobs Solutions from $130.00 to $137.00 and gave the company an "equal weight" rating in a research report on Friday, January 23rd. Zacks Research raised Jacobs Solutions from a "strong sell" rating to a "hold" rating in a report on Thursday, February 5th. Wall Street Zen cut shares of Jacobs Solutions from a "strong-buy" rating to a "buy" rating in a research report on Saturday, April 18th. Finally, Robert W. Baird dropped their price objective on shares of Jacobs Solutions from $130.00 to $126.00 and set a "neutral" rating for the company in a report on Monday, April 13th. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $152.60.

Jacobs Solutions Trading Down 6.3%

Shares of J opened at $127.97 on Wednesday. The stock's 50-day moving average price is $129.98 and its 200 day moving average price is $137.90. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.72. Jacobs Solutions has a 12-month low of $118.04 and a 12-month high of $168.44. The firm has a market capitalization of $15.03 billion, a price-to-earnings ratio of 34.80, a P/E/G ratio of 1.35 and a beta of 0.73.

Jacobs Solutions (NYSE:J - Get Free Report) last posted its earnings results on Tuesday, May 5th. The company reported $1.75 earnings per share for the quarter, beating analysts' consensus estimates of $1.64 by $0.11. Jacobs Solutions had a net margin of 3.49% and a return on equity of 20.59%. The business had revenue of $2.33 billion for the quarter, compared to analysts' expectations of $2.28 billion. During the same quarter in the previous year, the firm posted $1.43 earnings per share. The firm's revenue for the quarter was up 8.9% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. As a group, research analysts predict that Jacobs Solutions will post 7.13 earnings per share for the current year.

Insider Buying and Selling

In other news, President Shannon Miller sold 1,440 shares of Jacobs Solutions stock in a transaction on Friday, March 6th. The stock was sold at an average price of $134.13, for a total value of $193,147.20. Following the completion of the sale, the president directly owned 25,344 shares of the company's stock, valued at approximately $3,399,390.72. This trade represents a 5.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.48% of the company's stock.

Institutional Trading of Jacobs Solutions

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC bought a new position in shares of Jacobs Solutions in the 3rd quarter valued at about $27,000. Princeton Global Asset Management LLC acquired a new position in shares of Jacobs Solutions in the 4th quarter valued at $30,000. Central Pacific Bank Trust Division bought a new position in shares of Jacobs Solutions in the 4th quarter worth $31,000. Godsey & Gibb Inc. increased its holdings in Jacobs Solutions by 121.0% in the third quarter. Godsey & Gibb Inc. now owns 221 shares of the company's stock valued at $33,000 after purchasing an additional 121 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its holdings in Jacobs Solutions by 65.4% during the third quarter. Geneos Wealth Management Inc. now owns 220 shares of the company's stock worth $33,000 after buying an additional 87 shares during the last quarter. 85.65% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Jacobs Solutions

Here are the key news stories impacting Jacobs Solutions this week:

• Positive Sentiment: Beat on both EPS and revenue — Jacobs reported Q2 fiscal EPS of $1.75 vs. the $1.64 consensus and revenue of ~$2.33B vs. ~$2.28B, showing y/y revenue growth and underlying operating strength. Jacobs Solutions (J) Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Raised FY‑2026 profit guidance — management lifted its annual profit forecast, citing strong demand for data‑center/AI infrastructure services, which supports higher-margin backlog exposure. Jacobs lifts 2026 profit forecast on strong AI infrastructure demand
• Positive Sentiment: Analyst sentiment skewing constructive — the stock received an average rating of "Moderate Buy," which may support further upside if results and guidance sustain momentum. Jacobs Solutions Inc. NYSE: J Receives Average Rating of "Moderate Buy" from Analysts
• Neutral Sentiment: FY EPS guidance roughly in line with Street — Jacobs set FY‑2026 EPS of $7.10–$7.35 (consensus ~7.12), so upside is mainly from margin expansion rather than material EPS beats vs. consensus. Guidance Update (company release)
• Neutral Sentiment: Full Q2 disclosures and call transcript available — investors can review the earnings slide deck and call transcript for details on backlog, segment performance, and AI pipeline. Jacobs Solutions Inc. (J) Q2 2026 Earnings Call Transcript
• Negative Sentiment: GAAP results masked by acquisition charges — GAAP net earnings were negative (impacted by a PA acquisition transaction), producing a GAAP EPS loss; this creates short‑term noise and potential near‑term cash/charge concerns. Jacobs reports strong fiscal second quarter 2026 results
• Negative Sentiment: Revenue guidance is below consensus — management's revenue guide (~$13.0B) came in below the Street (~$13.3B), which could cap upside if top‑line visibility weakens outside the AI/data‑center tailwind. Revenue Guidance (company update)

Jacobs Solutions Company Profile

Jacobs Solutions Inc, commonly known as Jacobs, is a global professional services firm that provides technical, engineering, scientific and project delivery expertise across a broad range of industries. Founded in 1947 by Joseph J. Jacobs in Pasadena, California, the company evolved from a regional engineering consultancy into a diversified provider of design, program and construction management, operations and maintenance, and scientific services for complex infrastructure and industrial programs.

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