Jacobs Engineering Group Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for J stock have an average target of 157, with a low estimate of 143 and a high estimate of 174. The average target predicts an increase of 13.96% from the current stock price of 137.77.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$143	$157	$153	$174
Change	+3.80%	+13.96%	+11.05%	+26.30%

* Price targets were last updated on May 8, 2024.

Analyst Ratings

The average analyst rating for J stock from 13 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '24	Feb '24	Mar '24	Apr '24	May '24	Jun '24
Strong Buy	3	3	4	4	4	4
Buy	5	5	4	4	5	3
Hold	4	3	4	5	6	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	11	12	13	15	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jamie Cook Truist Securities	Truist Securities	Hold Maintains $154 → $153	Hold	Maintains	$154 → $153	+11.05%	May 8, 2024
Louie DiPalma William Blair	William Blair	Buy → Hold Downgrades n/a	Buy → Hold	Downgrades	n/a	n/a	May 8, 2024
Andrew Wittmann Baird	Baird	Buy Maintains $168 → $163	Buy	Maintains	$168 → $163	+18.31%	May 8, 2024
Andrew Kaplowitz Citigroup	Citigroup	Strong Buy Maintains $161 → $169	Strong Buy	Maintains	$161 → $169	+22.67%	Apr 22, 2024
Michael Feniger B of A Securities	B of A Securities	Hold Maintains $145 → $152	Hold	Maintains	$145 → $152	+10.33%	Apr 2, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

16.95B

from 16.35B

3.67%

from 16.35B

Revenue Next Year

17.02B

from 16.95B

0.37%

from 16.95B

EPS This Year

8.19

from 5.30

54.52%

from 5.30

EPS Next Year

8.50

from 8.19

3.79%

from 8.19

Year	2019	2020	2021	2022	2023	2024	2024	2025	2025	2026	2026	2027	2027	2028	2028
Revenue	12.74B	13.57B	14.09B	14.92B	16.35B	16.95B	17.02B	18.09B	16.41B	18.20B	19.24B	21.19B	21.19B	22.22B	22.22B
Revenue Growth	20.40%	6.51%	3.87%	5.89%	9.58%	3.67%	0.37%	6.30%	-9.26%	10.86%	5.72%	10.15%	-	4.86%	-
EPS	6.08	3.71	3.20	4.98	5.30	8.19	8.50	9.42	9.00	9.56	9.91	11.99	11.99	13.38	13.38
EPS Growth	415.25%	-38.98%	-13.75%	55.63%	6.43%	54.52%	3.79%	10.80%	-4.40%	6.14%	3.73%	20.88%	-	11.66%	-
Forward PE	-	-	-	-	-	16.82	16.21	14.63	15.30	14.41	13.90	11.50	11.50	10.29	10.29
No. Analysts	-	-	-	-	-	20	17	7	20	11	4	3	3	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	18.0B	19.4B	20.6B	21.8B	22.9B
Avg	17.0B	16.4B	19.2B	21.2B	22.2B
Low	15.5B	11.5B	17.8B	20.4B	21.3B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	9.9%	13.8%	25.4%	13.4%	7.9%
Avg	4.1%	-3.5%	17.2%	10.1%	4.9%
Low	-5.1%	-32.6%	8.2%	5.8%	0.7%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	9.14	10.57	10.77	12.34	13.78
Avg	8.50	9.00	9.91	11.99	13.38
Low	7.51	6.16	9.00	11.52	12.86

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	72.4%	24.4%	19.6%	24.4%	14.9%
Avg	60.4%	5.9%	10.1%	20.9%	11.7%
Low	41.6%	-27.5%	-0.1%	16.1%	7.3%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.