Jacobs Secures $200 Million Upgrade Contract for San José Wastewater Facility
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: PRnewswire
- Project Scale: Jacobs has been selected as the design-build contractor for the San José-Santa Clara Regional Wastewater Facility upgrade, with a total investment of $200 million aimed at modernizing the biosolids treatment infrastructure at the second largest advanced wastewater treatment plant in the western U.S., ensuring long-term reliability.
- Technological Innovation: Upgrading and replacing aged mesophilic digesters is expected to reduce biosolids production by 74 wet tons per day and increase biogas output by up to 36%, directly enhancing renewable energy production and lowering greenhouse gas emissions.
- Economic Impact: This project supports San José's housing and job growth while safeguarding public health through reliable wastewater infrastructure, thereby enhancing economic vitality and demonstrating Jacobs' commitment to sustainability.
- Partnership Dynamics: Jacobs collaborates with Walsh Construction and Structural Technologies to ensure seismic resiliency and operational flexibility to meet future demands, further solidifying its leadership position in the water design-build sector.
Analyst Views on J
Wall Street analysts forecast J stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for J is 153.75 USD with a low forecast of 130.00 USD and a high forecast of 180.00 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.
10 Analyst Rating
5 Buy
5 Hold
0 Sell
Moderate Buy
Current: 139.940
Low
130.00
Averages
153.75
High
180.00
Current: 139.940
Low
130.00
Averages
153.75
High
180.00
About J
Jacobs Solutions Inc. provides end-to-end services in advanced manufacturing, cities and places, energy, environmental, life sciences, transportation and water. The Company’s segments include Infrastructure and Advanced Facilities (I&AF) and PA Consulting. The I&AF segment provides end-to-end solutions for its client’s complex challenges related to climate change, energy transition, connected mobility, buildings and infrastructure, integrated water management and biopharmaceutical manufacturing. It uses data science and technology-enabled expertise to deliver outcomes for its clients and communities. Its clients include national, state and local governments in Europe, the Middle East, and others. The PA Consulting segment has a diverse mix of private and public sector clients. Private sector clients include global household names like Unilever, Microsoft, and Pret A Manger, and start-ups like PulPac, which converts plant fibers into sustainable packaging to reduce single-use plastic.
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.
