Jacobs Solutions Q3: Strong Backlog Supports Growth For FY25

Justin Paget/DigitalVision via Getty Images Jacobs Solutions (NYSE:J) released its Q3 result on August 6th showing an improvement in backlogs. In my initiation report published in April 2024, I highlighted my 'Strong Buy' rating based on the thesis of growth from critical infrastructure and sustainability. Jacobs is nearing the completion of the spin-off of their Critical Mission Solutions and Cyber & Intelligence Businesses and merger with Amentum. I reiterate a 'Strong Buy' with a one-year price target of ...