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Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Jacobs Solutions (J) has picked up investor attention after securing a five-year engineering role with Stantec for Greater Western Water in Melbourne, alongside recent quarterly results that exceeded revenue and EPS expectations. See our latest analysis for Jacobs Solutions. Despite the new Melbourne water contract, along with a series of recent project wins and conference appearances, Jacobs Solutions’ share price is down 12.1% year to date. Its three year total shareholder return of 33.5% points to stronger longer term momentum. If this kind of project driven story interests you, it can be useful to compare Jacobs with other infrastructure focused opportunities and check out 33 power grid technology and infrastructure stocks So, with the stock down this year even as quarterly revenue and earnings beat expectations and recent contract wins add multi year visibility, are you looking at an undervalued infrastructure specialist, or has the market already priced in future growth? Jacobs Solutions’ most followed narrative sets a fair value of $158.27 per share, compared with the recent close at $118.96. This frames a sizeable valuation gap and links that gap to a long runway of infrastructure and digital projects. Read the complete narrative. Want to see why this narrative leans so heavily on future earnings power rather than today’s margins and returns? The entire valuation depends on how revenue, profit margins and earnings per share develop relative to that expanding backlog. Result: Fair Value of $158.27 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, this hinges on continued public sector spending and the smooth delivery of long dated infrastructure projects, where funding shifts or execution setbacks could quickly weaken that undervaluation case. Find out about the key risks to this Jacobs Solutions narrative. That 24.8% undervaluation story sits uncomfortably beside Jacobs’ current P/E of 34.3x, which is higher than peers at 16.1x, the US Professional Services industry at 19.5x, and even the 31.8x fair ratio. In plain terms, it raises the question of whether you are being compensated adequately for the additional valuation risk. See what the numbers say about thi...

Earnings results often indicate what direction a company will take in the months ahead. With Q1 behind us, let’s have a look at Jacobs Solutions (NYSE:J) and its peers. The sector has historically benefitted from steady government spending on defense, infrastructure, and regulatory compliance, providing firms long-term contract stability. However, the Trump administration is showing more willingness than previous administrations to upend government spending and bloat. Whether or not defense budgets get cut, the rising demand for cybersecurity, AI-driven defense solutions, and sustainability consulting should benefit the sector for years, as agencies and enterprises seek expertise in navigating complex technology and regulations. Additionally, industrial automation and digital engineering are driving efficiency gains in infrastructure and technical consulting projects, which could help profit margins. The 6 government & technical consulting stocks we track reported a mixed Q1. As a group, revenues were in line with analysts’ consensus estimates. While some government & technical consulting stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 2.6% since the latest earnings results. With a workforce of approximately 45,000 professionals tackling complex challenges from water scarcity to cybersecurity, Jacobs Solutions (NYSE:J) provides engineering, consulting, and technical services focused on infrastructure, sustainability, and advanced technology solutions. Jacobs Solutions reported revenues of $2.33 billion, up 8.8% year on year. This print exceeded analysts’ expectations by 2%. Overall, it was a very strong quarter for the company with a beat of analysts’ EPS and revenue estimates. Jacobs Solutions pulled off the biggest analyst estimates beat and fastest revenue growth of the whole group. Investor expectations, however, were likely higher than Wall Street’s published projections, leaving some wishing for even better results (analysts’ consensus estimates are those published by big banks and advisory firms, not the investors who make buy and sell decisions). The stock is down 14.2% since reporting and currently trades at $117.11. Is now the time to buy Jacobs Solutions? Access our full analysis of the earnings results here, it’s free. Founded in 1894 as a response to the growing dangers of electri...

Jacobs Solutions’ Q2 results were marked by a strong top-line beat and robust backlog growth, yet the market responded negatively to the quarter. Management attributed the revenue surge to significant momentum in its data centers, advanced manufacturing, and critical infrastructure segments. CEO Robert Pragada highlighted, “AI is absolutely driving our business in what is going on with the AI infrastructure buildout,” with data center revenues growing over 100% year-over-year. The acquisition of PA Consulting was also cited as a positive contributor, although increased transaction costs and a widening gap between GAAP and non-GAAP earnings drew cautious commentary from leadership. Is now the time to buy J? Find out in our full research report (it’s free). Revenue: $2.33 billion vs analyst estimates of $2.28 billion (8.8% year-on-year growth, 2% beat) Adjusted EPS: $1.75 vs analyst estimates of $1.63 (7.1% beat) Adjusted EBITDA: $327.2 million vs analyst estimates of $319.8 million (14.1% margin, 2.3% beat) Operating Margin: -3.5%, down from 9.8% in the same quarter last year Backlog: $26.97 billion at quarter end Market Capitalization: $13.82 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Steven Fisher (UBS) probed the operational versus acquisition-driven guidance raise. CEO Robert Pragada emphasized the increase was “purely based on our operational performance,” while CFO Venkatesh Nathamuni added that strong discipline in the core business drove margin improvement. Sabahat Khan (RBC Capital Markets) asked about project visibility in AI infrastructure. Pragada stated that the company has “visibility well through 2027, going into 2028,” supported by long-term client relationships and a robust project pipeline. Michael Stephan Dudas (Vertical Research) questioned PA Consulting integration benefits. Pragada described near-term opportunities in digital capabilities and end markets like national security and energy, with deeper collaboration expected now that regulatory barriers have eased. Jamie Cook (Truist Securities) focused on margin improvement trajectory. Nathamuni confirmed that margin-accretive progra...

Interested in Jacobs Solutions Inc.? Here are five stocks we like better. Jacobs Solutions posted strong Q2 fiscal 2026 results, with adjusted EPS up 22% year over year to $1.75, organic adjusted net revenue growth of 9%, and adjusted EBITDA margin expansion of 70 basis points. Management said the performance gave it confidence to raise full-year guidance for the second straight quarter. Backlog and AI/data center demand were major growth drivers, with backlog rising 22% to a record $27 billion and the company saying its data center business grew more than 100% year over year. Jacobs also said its AI infrastructure pipeline is up 400% year over year, with visibility extending well into 2027 and 2028. The company lifted its fiscal 2026 and 2029 targets, now expecting 8% to 10.5% organic adjusted net revenue growth, adjusted EPS of $7.10 to $7.35, and higher margin guidance. It also raised its fiscal 2029 adjusted EBITDA margin target to above 17% and free cash flow margin target to at least 11%. Wells Fargo’s Comeback Is Real—But Not Risk-Free Jacobs Solutions (NYSE:J) reported stronger fiscal second-quarter 2026 results, citing accelerating organic growth, higher margins, record backlog and momentum tied to data centers, advanced manufacturing and infrastructure markets. Chair and CEO Bob Pragada said adjusted earnings per share rose 22% year over year to $1.75, supported by 9% organic adjusted net revenue growth and 70 basis points of year-over-year margin expansion. He said the company is “exiting Q2 with significant momentum” and that the first-half performance gave management confidence to raise its fiscal 2026 outlook for the second consecutive quarter. → Beyond NVIDIA: Picks-and-Shovels AI Plays with Strong Momentum Uber's Annual Product Showcase Reveals It Is Coming for Airbnb and Booking Jacobs also completed its acquisition of PA Consulting during the quarter. Pragada said the company marked the transaction by ringing the closing bell at the New York Stock Exchange in March. EVP and CFO Venk Nathamuni said gross revenue increased 27% year over year, while adjusted net revenue, excluding pass-through revenue, grew 9%. He said both represented the highest consolidated growth rates for the company since the 2024 separation of its government services business. → 3 Ways to Target the Resources Powering AI and Data Centers Boarding Passes Now Being Issued...

DALLAS (AP) — DALLAS (AP) — Jacobs Solutions Inc. (J) on Tuesday reported a loss of $43 million in its fiscal second quarter. On a per-share basis, the Dallas-based company said it had a loss of 37 cents. Earnings, adjusted for one-time gains and costs, came to $1.75 per share. The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.64 per share. The construction and technical services company posted revenue of $3.69 billion in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $3.25 billion. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on J at https://www.zacks.com/ap/J

Jacobs Solutions (J) reported fiscal Q2 adjusted earnings late Tuesday of $1.75 per diluted share, u

Jacobs Solutions (J) came out with quarterly earnings of $1.75 per share, beating the Zacks Consensus Estimate of $1.64 per share. This compares to earnings of $1.43 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +6.55%. A quarter ago, it was expected that this construction and technical services company would post earnings of $1.52 per share when it actually produced earnings of $1.53, delivering a surprise of +0.66%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Jacobs Solutions, which belongs to the Zacks Building Products - Miscellaneous industry, posted revenues of $3.69 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 13.79%. This compares to year-ago revenues of $2.91 billion. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Jacobs Solutions shares have lost about 1.3% since the beginning of the year versus the S&P 500's gain of 5.2%. While Jacobs Solutions has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Jacobs Solutions was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future....

Robust Q2 gross revenue and adjusted net revenue growth of 27% and 9% y/y, respectively Record backlog of $27.0 billion, up 22% y/y with TTM book-to-bill ratio of 1.4x (1.2x Adj. NR) Engineering News-Record ranks Jacobs #1 Design Firm and #1 in Manufacturing Repurchased $220 million of Jacobs shares in Q2, $472 million YTD Completed acquisition of PA Consulting; increasing cost synergy estimate to $20 million+ within 24 months Raising FY 2026 guidance for the second consecutive quarter, reflecting strong business momentum DALLAS, May 05, 2026--(BUSINESS WIRE)--Jacobs Solutions Inc. (NYSE: J) today announced its financial results for the fiscal second quarter ended March 27, 2026. Q2 2026 Highlights1: Gross revenue of $3.7 billion up 27.0% y/y; adjusted net revenue2 of $2.3 billion up 8.8% y/y GAAP net earnings of ($43.0) million, impacted by PA acquisition transaction (vs. net earnings of $11.2 million in Q2 2025); adjusted EBITDA2 of $327.2 million increased 14.2% y/y GAAP EPS of ($0.32), impacted by PA acquisition transaction (vs. EPS of $0.10 in Q2 2025); adjusted EPS2 of $1.75 increased 22.4% y/y Backlog of $27.0 billion up 21.7% y/y Q2 book-to-bill of 1.2x (1.4x TTM); Q2 adjusted net revenue book-to-bill of 1.2x (1.2x TTM) Jacobs Chair and CEO Bob Pragada commented: "We delivered excellent second quarter results driven by revenue strength in both Infrastructure & Advanced Facilities (I&AF) and PA Consulting. Within I&AF, revenue growth was broad-based, led by the Data Center, Semiconductor, Water, Energy & Power and Transportation sectors. Additionally, PA Consulting grew revenue by 17% year-on-year in Q2, the fourth consecutive quarter of double-digit top line growth. With the transaction to acquire the remaining stake in PA Consulting now complete, we see increased opportunity to drive synergistic growth moving forward. Our overall business is performing exceptionally well, and we see continued momentum in the second half of the year. As a result, we are again increasing our guidance for FY26." Jacobs CFO Venk Nathamuni added: "We're very pleased with our Q2 performance. We are ahead of our initial FY26 expectations and are on track to reach or exceed all of our FY29 targets. This is a function of accelerating top line growth from our central position in the build-out of AI and related infrastructure, as well as solid margin expansion and working capi...

Image source: The Motley Fool. Tuesday, May 5, 2026 at 4:30 p.m. ET Chief Executive Officer — Robert V. Pragada Chief Financial Officer — Venkatesh R. Nathamuni Vice President, Investor Relations — Bert Subin Operator Need a quote from a Motley Fool analyst? Email [email protected] Robert V. Pragada: Solid year-over-year margin expansion and continued robust sales activity. I will quickly highlight a few key takeaways. First, adjusted EPS grew 22% to $1.75 supported by 9% organic net revenue growth, outpacing the 8% growth rate in Q1, and 70 basis points of year-over-year margin expansion. Second, our backlog grew 22% to $27 billion, setting another new record, with a trailing 12-month book-to-bill of 1.4x on gross revenue and 1.2x on net revenue. And third, we completed the acquisition of PA Consulting, which we celebrated together by ringing the closing bell at the New York Stock Exchange in March. In summary, we are exiting Q2 with significant momentum, and the strong first half of the year gives us confidence to increase our FY 2026 outlook for the second time in two quarters, which Venk will walk through shortly. Turning to slide four, we provide a detailed overview of the quarter. We are very pleased with Q2 results as strong operating performance, paired with our lower share count, drove the fifth straight quarter of double-digit growth in adjusted EPS. During Q2, we also delivered another quarterly book-to-bill above 1.0x with both gross and net coming in at 1.2x. The addition of the net revenue book-to-bill metric will provide useful context for our investors and analysts and reinforces the strength in our bookings over the last 12 months. Turning to slide five, I would like to highlight a few notable project awards from the second quarter. But before I do that, I want to recognize a major achievement. Jacobs Solutions Inc. has been ranked the number one design firm by Engineering News-Record in their newly released 2026 Top 500 report, marking the seventh time in the last eight years we have held this ranking. Our strong organic growth profile helped us earn this honor, and I want to thank our 47 thousand colleagues for delivering leading solutions to our clients every single day. Now moving on to Q2 awards. In Water and Environmental, Jacobs Solutions Inc. was selected by the San Francisco Public Utilities Commission to deliver the Southeast Wastewater...

Performance was driven by 9% organic net revenue growth and 70 basis points of margin expansion, reflecting strong operating discipline and a shift toward higher-value services. The AI infrastructure ecosystem now represents 10% to 11% of total business and is growing in excess of 40%, fueled by demand for data centers, semiconductor facilities, and power grid upgrades. Data center revenue specifically grew over 100% year-over-year, with management citing a 400% increase in the project pipeline as hyperscalers and neo-cloud providers accelerate compute load requirements. The acquisition of the remaining stake in PA Consulting is expected to remove regulatory 'conflict of interest' barriers in the UK, allowing for full visibility and joint pursuit of national security and defense contracts. Critical Infrastructure growth of 9% was supported by a 'long-tail' investment cycle in global aviation and maritime ports, which management believes is only 50% through its current funding outlay. The Global Delivery Model is being leveraged to mitigate regional disruptions and access talent at scale, which management credits for maintaining project momentum despite geopolitical volatility in the Middle East. Full-year fiscal 2026 guidance was raised for the second consecutive time, assuming organic net revenue growth of 8% to 10.5% and adjusted EPS growth of 18% at the midpoint. Management increased the fiscal 2029 adjusted EBITDA margin target by 100 basis points to 17%+, citing $20 million in identified annual cost synergies from PA Consulting and ongoing G&A efficiency initiatives. The company expects transaction-related cash outflows for the PA acquisition to conclude in fiscal Q3 2026, leading to a fourth quarter where such exclusions are no longer apparent and margins are expected to exceed 16%. Net leverage is currently roughly half a turn above the target range, but the company expects to lower the ratio back toward 1.5x during fiscal year 2027. This deleveraging is supported by strong cash generation, including an expected $600 million to $700 million of free cash flow in the second half of fiscal 2026. Future margin expansion of 75 basis points annually through 2029 is predicated on shifting the commercial model toward higher-margin advisory work and deploying AI-based productivity tools. A significant spread between GAAP and adjusted EPS in Q2 was attributed t...

Jacobs Solutions Inc. J delivered strong second-quarter fiscal 2026 (ended March 27, 2026) results, with adjusted earnings and revenues topping the Zacks Consensus Estimate and improving year over year. Jacobs delivered strong top-line growth as healthy demand persisted across priority markets, led by data center and semiconductor activity, with additional support from water, power and transportation. Growth within Infrastructure & Advanced Facilities remained broad-based, highlighted by notable wins including a major wastewater treatment program in San Francisco, a water regulation contract in the United Kingdom, and multiple hyperscaler-related data center awards. The company reported adjusted earnings per share (EPS) of $1.75, up 22.4% from the year-ago level, and beat the consensus mark of $1.64 by 6.7%. Jacobs Solutions Inc. price-consensus-eps-surprise-chart | Jacobs Solutions Inc. Quote Gross revenues rose 27% year over year to $3.7 billion and surpassed the consensus estimate of $3.25 billion by 13.8%. Adjusted net revenues of $2.3 billion were also up 8.8% year over year. Backlog increased 21.7% year over year to a record $27 billion, underscoring healthy award activity and visibility. Profitability improved year over year as Jacobs benefited from operating discipline and a favorable mix. Adjusted EBITDA rose 14.2% from a year ago to $327.2 million, while adjusted EBITDA margin expanded 70 basis points to 14.1% on adjusted net revenues. At the segment level, Infrastructure & Advanced Facilities operating profit improved, with margin expanding modestly as project execution held up. PA Consulting also remained a margin-accretive contributor, with operating profit rising and margin staying above 22%, helping lift consolidated profitability despite integration-related items tied to the PA transaction. Infrastructure & Advanced Facilities (I&AF): Segment revenues totaled $3.34 billion, up 28.2% year over year from $2.60 billion. Excluding $1.37 billion of pass-through revenues, adjusted net revenues were $1.97 billion. I&AF segment operating profit increased 11.4% year over year to $225.2 million from $203.3 million. Operating profit as a percentage of adjusted net revenues improved to 11.4% from 11.1% a year ago, reflecting modest margin expansion. Backlog in the segment rose 21.9% year over year to $26.54 billion as of March 27, 2026. PA Consulting: Se...

Global professional services company Jacobs Solutions (NYSE:J) will be reporting earnings this Tuesday afternoon. Here’s what you need to know. Jacobs Solutions beat analysts’ revenue expectations last quarter, reporting revenues of $2.25 billion, up 8.2% year on year. It was a strong quarter for the company, with a decent beat of analysts’ revenue and EPS estimates. Is Jacobs Solutions a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members. This quarter, the market is expecting Jacobs Solutions’s revenue to grow 6.7% year on year, improving from the 3.1% increase it recorded in the same quarter last year. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Jacobs Solutions has missed Wall Street’s revenue estimates multiple times over the last two years. Looking at Jacobs Solutions’s peers in the professional services segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Kforce posted flat year-on-year revenue, meeting analysts’ expectations, and Fair Isaac Corporation reported revenues up 38.7%, topping estimates by 9.1%. Kforce traded up 43.3% following the results while Fair Isaac Corporation was also up 2.6%. Read our full analysis of Kforce’s results here and Fair Isaac Corporation’s results here. There has been positive sentiment among investors in the professional services segment, with share prices up 10.1% on average over the last month. Jacobs Solutions’s stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $155.87 (compared to the current share price of $128.84). ALSO WORTH WATCHING: Nvidia’s Quiet Partner. Nvidia’s chips cost a hundred grand. The connectors that make them work cost even more. One company makes them all. Every AI server needs specialized infrastructure the chip companies don’t make. High-speed cables. Power connectors. Thermal sensors. This 90-year-old company built a monopoly on it. The AI boom just started. This stock is still flying under the radar. Claim The Stock Ticker Here for FREE.