J
Jacobs Solutions Inc.

Jacobs Solutions Inc.J

Industrials · Engineering & Construction
150.91USD
+1.73%
Oct 29, 2026
J overview ready
Jacobs is an advanced-facilities engineering and program-delivery provider.
Strong narrative exposure
Exposed to the AI Compute Infrastructure Buildout narrative through AI Data Center Design, Engineering and Delivery — infrastructure supplier.
An early price trend
Longer-term context reads early trend, with a near-term setup of daily advance.
Demanding valuation
The price embeds expectations that run ahead of what comparable businesses command.
Unremarkable fundamentals
Primary risk
Dependence on government and large project spending cycles.
Market Oct 28Filing Jun 26Price action Oct 28Research Oct 28

Conviction Level

CompanyFit6.5PriceAction8.3Valuation3.0CompanyPosition7.3BusinessQuality7.3

Conviction uses Company Fit, Price Action, Valuation, Business Quality. Company Position is research context, not an input.

Theme leadershipGroup context · not a Conviction input
vs SPY
+2.4pp
Theme return
+3.4%
Beating SPY
5 of 9
21 sessions to Oct 28, 2026 · ranked 22 of 60 themes
Price
Loading price history…

Price Action

An early price trend
Longer-term context reads early trend, with a near-term setup of daily advance.
EntryReset + recovery

The stock remains extended from its long-term weekly base, but the recent reset toward the daily SMA200 aligned with support at the weekly EMA21. Daily structure is recovering above the fast averages, improving the current entry location.

Key Financials

Market Cap
$17.7B
Avg Volume (60D)
862.5K
60 sessions
Revenue Growth YoY
+4.6%
FY2025 vs FY2024
Gross Margin
+22.1%
Trailing twelve months
Operating Margin
+4.6%
Trailing twelve months
Free Cash Flow Yield
+3.6%
Distance from 200DMA
+13.3%
Next Earnings
2026-11-23
P/E
52.2x
EV / EBITDA
27.2x
EV / Sales
1.4x
Market metrics as of Oct 28, 2026
Financial results for the period ended Jun 26, 2026
Filed balance-sheet data as of Jun 26, 2026

Fundamentals & Valuation

Two of the three valuation perspectives say expensive; intrinsic is the dissenting view.
Jacobs Solutions Inc. has an Expensive valuation stance because the price embeds expectations that run ahead of what comparable businesses command. It trades at a 3.6% free-cash-flow yield and 27.2x EBITDA, which require sustained delivery to be justified.

Company Research

Thesis
Jacobs is an advanced-facilities engineering and program-delivery provider. It designs, plans, simulates and manages construction of complex data-center campuses, including power, cooling and operational systems, rather than owning AI compute capacity or selling the electrical and thermal equipment itself.
Opportunity
Moderate opportunity
Engineering, design, digital-twin, program-management and EPCM demand created by hyperscale and high-performance-computing campuses whose scale, power density and construction complexity require specialist advanced-facilities delivery.
Key risk
Dependence on government and large project spending cycles.

Economic classification

Loading the economic classification…

Business & Markets

Industrials · Engineering & Construction
What they do

Jacobs Solutions Inc. provides consulting, planning, architecture, design, engineering, and infrastructure delivery services globally, including project and construction management and long-term facility operations.

How it earns

The company generates revenue primarily through project-based contracts and consulting engagements.

Products & services
Consulting services
Architecture and design
Engineering services
Project and construction management
Long-term facility operations
Customers & end markets
Government
Defense and security
Energy and utilities
Transport
Health and life sciences
Consumer and manufacturing
Financial services
Market position

Jacobs is a leading global provider in engineering and construction consulting services.

Demand drivers
Medium cyclicality

Business depends on infrastructure investment cycles and government spending patterns.