Jacobs Reports Strong Q1 Revenue Growth and Strategic Moves
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4d ago
0mins
Source: PRnewswire
- Significant Revenue Growth: Jacobs reported Q1 total revenue of $3.293 billion, reflecting a 12.3% year-over-year increase, with adjusted net revenue at $2.253 billion, up 8.2%, showcasing strong performance in Infrastructure and Advanced Facilities, particularly in life sciences and data center sectors.
- Robust Backlog Growth: The company’s backlog grew 21% year-over-year to $2.631 billion, with a trailing twelve-month book-to-bill ratio of 1.4, indicating sustainable future revenue and strong market demand, which enhances investor confidence.
- Strategic Share Repurchase: In Q1, Jacobs repurchased $252 million worth of shares and announced a 12.5% increase in quarterly dividends, which not only boosts earnings per share but also reflects the company’s confidence in future cash flows and commitment to shareholder returns.
- Optimistic Financial Outlook: The company raised its fiscal 2026 adjusted net revenue growth forecast to 6.5% to 10%, with adjusted EPS expected between $6.95 and $7.30, demonstrating management's positive outlook on future performance and further solidifying its market position.
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Analyst Views on AMTM
Wall Street analysts forecast AMTM stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for AMTM is 34.56 USD with a low forecast of 30.00 USD and a high forecast of 40.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
4 Buy
5 Hold
0 Sell
Moderate Buy
Current: 36.400
Low
30.00
Averages
34.56
High
40.00
Current: 36.400
Low
30.00
Averages
34.56
High
40.00
About AMTM
Amentum Holdings, Inc. is a global advanced engineering and technology solutions provider to a broad base of the United States and allied government agencies, supporting programs of critical national importance across energy and environmental, intelligence, space, defense, civilian and commercial end-markets. It offers a range of capabilities, including intelligence and counter-threat solutions, data fusion and analytics, engineering and integration, environmental solutions, advanced test, training and readiness, and citizen solutions. Its segments include Digital Solutions (DS) and Global Engineering Solutions (GES). The DS segment offers advanced digital and data-driven solutions including intelligence analytics, space system development, cybersecurity, and next-generation information technology for the federal government and commercial clients. The GES segment offers large-scale environmental remediation, clean energy, platform engineering, sustainment and supply chain management.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Robust Backlog Growth: The company’s backlog grew 21% year-over-year to $2.631 billion, with a trailing twelve-month book-to-bill ratio of 1.4, indicating sustainable future revenue and strong market demand, which enhances investor confidence.
- Strategic Share Repurchase: In Q1, Jacobs repurchased $252 million worth of shares and announced a 12.5% increase in quarterly dividends, which not only boosts earnings per share but also reflects the company’s confidence in future cash flows and commitment to shareholder returns.
- Optimistic Financial Outlook: The company raised its fiscal 2026 adjusted net revenue growth forecast to 6.5% to 10%, with adjusted EPS expected between $6.95 and $7.30, demonstrating management's positive outlook on future performance and further solidifying its market position.
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- Robust Backlog Growth: The company’s backlog grew 21% year-over-year to $2.631 billion, with a trailing twelve-month book-to-bill ratio of 1.4, indicating sustainable future revenue and strong market demand, which enhances investor confidence.
- Strategic Share Repurchase: In Q1, Jacobs repurchased $252 million worth of shares and announced a 12.5% increase in quarterly dividends, which not only boosts earnings per share but also reflects the company’s confidence in future cash flows and commitment to shareholder returns.
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See More
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- Market Potential Analysis: The long-term goals of the Artemis program include returning to the moon and exploring Mars, which is expected to boost stock performance for smaller companies like Karman Holdings, MDA Space, and Graham Corp., all of which play critical roles in the initiative.
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- Long-term Partnership: Since signing a lifetime enterprise agreement in 2015, Amentum has provided technical services across EDF's UK nuclear fleet, enabling EDF to achieve an aggregate 38 years of life extension across seven advanced gas-cooled reactor stations, demonstrating the depth and breadth of their collaboration.
- Professional Services Framework: The new contracts include 10-year professional services agreement frameworks with Hinkley Point C nuclear power station, aimed at supporting new build programs, operating stations, and their engineering capability hub, which is expected to enhance operational efficiency and safety.
- Project Management Resources: Additionally, Amentum has secured a five-year project management resources framework contract to support station operations, life extension, and decommissioning preparations, further enhancing its comprehensive service capabilities in the nuclear energy sector.
See More
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- Flexible Project Duration: This two-year contract includes three optional one-year extensions, providing flexibility to adapt to future planning needs for nuclear power plants, thereby enhancing the Netherlands' capacity to achieve its decarbonization and energy security goals by 2040.
- Support for Nuclear Development: The framework contract will facilitate the planning of up to two gigawatt-scale nuclear power plants, directly addressing the Dutch government's demand for clean energy and further solidifying Amentum's leadership position in the global nuclear market.
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See More
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- Enhanced Market Position: The acquisition of this contract not only strengthens Amentum's standing in the industry but may also attract additional potential clients, thereby increasing future business opportunities and market share.
- Strategic Collaboration: The consortium's formation demonstrates Amentum's willingness to collaborate with other industry leaders, indicating the company's capability in integrating resources and managing large-scale projects.
- Future Outlook: While contract specifics remain undisclosed, such projects typically involve long-term partnerships, potentially providing Amentum with a stable revenue stream and sustainable business growth.
See More
