Amentum Holdings Inc. has reported impressive financial results for the fiscal year 2025, achieving $14.4 billion in annual revenue, a 4% increase from the previous year. This growth is primarily attributed to the successful merger with Jacobs, which has significantly enhanced Amentum's competitive position in the market.
In addition to revenue growth, Amentum reported a net income of $66 million, marking a substantial recovery from a loss of $82 million the previous year. This turnaround reflects improved operational efficiency and financial recovery, which has likely boosted investor confidence.
The company's strong cash flow, generating $516 million in free cash flow, further underscores its effective cash management and sustained profitability. With a backlog of $47.1 billion, Amentum is well-positioned for future revenue sustainability, indicating robust market demand.
Despite mixed signals in the broader market, Amentum's strong performance has led to a significant stock price increase of 18.64%, reaching a 52-week high, as investors react positively to the company's solid fundamentals.
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
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.
4 Buy
5 Hold
0 Sell
Moderate Buy
Current: 35.710
Low
30.00
Averages
34.56
High
40.00
Current: 35.710
Low
30.00
Averages
34.56
High
40.00
BofA
Neutral
maintain
$27 -> $30
2025-12-31
Reason
BofA
Price Target
$27 -> $30
AI Analysis
2025-12-31
maintain
Neutral
Reason
BofA raised the firm's price target on Amentum to $30 from $27 and keeps a Neutral rating on the shares. The firm cites improved investor sentiment and the company's market premium for its nuclear exposure for the target increase. Amentum benefits from a nuclear premium, the analyst tells investors in a research note. Heading into 2026, BofA expects defense and intelligence funding to remain strong, while civilian agency funding "remains a question mark."
BTIG
Buy
maintain
$30 -> $35
2025-12-03
Reason
BTIG
Price Target
$30 -> $35
2025-12-03
maintain
Buy
Reason
BTIG raised the firm's price target on Amentum to $35 from $30 and keeps a Buy rating on the shares. The company's legacy verticals - RDT&E, Intelligence Operations & Analysis, Homeland Security/Border Protection, Environmental Remediation, and Defense Engineering, Logistics & Modernization - generate $10B in sales with mid-to-high single digit margins and low-to-mid single digit growth, and this core foundation enables expansion into high-growth areas like Space Systems & Technologies, Critical Digital Infrastructure, and Global Nuclear Energy, which are expected to grow faster and drive overall margin expansion due to their accretive nature, the analyst tells investors in a research note.
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Cantor Fitzgerald
Overweight
maintain
$35 -> $40
2025-12-02
Reason
Cantor Fitzgerald
Price Target
$35 -> $40
2025-12-02
maintain
Overweight
Reason
Cantor Fitzgerald raised the firm's price target on Amentum to $40 from $35 and keeps an Overweight rating on the shares. The quarter's beat looks solid, with growth outpacing expectations and FY26 guidance that appears deliberately conservative, the analyst tells investors in a research note. The more meaningful takeaway, though, is how guidance compares with buy-side assumptions and the way the new CFO is reshaping the outlook, Cantor says.
JPMorgan
Neutral
maintain
$30 -> $34
2025-11-26
Reason
JPMorgan
Price Target
$30 -> $34
2025-11-26
maintain
Neutral
Reason
JPMorgan raised the firm's price target on Amentum to $34 from $30 and keeps a Neutral rating on the shares.
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.
