Jacobs Secures Water Infrastructure Contracts with Suffolk City, Virginia
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: seekingalpha
- Contract Signing: Jacobs has secured two engineering and program management contracts with the City of Suffolk, Virginia, aimed at expanding and modernizing water and wastewater infrastructure to meet growing population demands.
- Project Details: The contracts cover ongoing work to reduce sanitary sewer overflows, including planning, design, and construction management to enhance surface water treatment capacity, rehabilitate groundwater wells, evaluate pump stations, and model the city's water distribution system.
- Compliance and Growth: These projects are designed to maintain regulatory compliance while supporting urban development needs arising from tightening groundwater withdrawal limits, ensuring that infrastructure can meet future water demands.
- Financial Information Missing: Although the financial terms of the contracts were not disclosed, Jacobs' ongoing investments indicate a strategic focus on the water sector, which is expected to drive future growth for the company.
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 164.50 USD with a low forecast of 157.00 USD and a high forecast of 182.00 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.
8 Analyst Rating
6 Buy
2 Hold
0 Sell
Strong Buy
Current: 139.500
Low
157.00
Averages
164.50
High
182.00
Current: 139.500
Low
157.00
Averages
164.50
High
182.00
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.





