AECOM Shares Soar 1.61% on Positive Analyst Ratings

AECOM(ACM) shares surged 1.61% today, marking the third consecutive day of gains, with a cumulative increase of 4.76% over the past three days. The stock price reached its highest level since February 2025, with an intraday gain of 2.55%.

The strategy of buying ACM shares after they reached a recent high and holding for 1 week yielded moderate returns over the past 5 years. The annualized return was 16.62%, slightly underperforming the market by 0.38 percentage points. With a final value of $2,486.57 for a $1,000 investment, the strategy provided a decent growth, though it's important to note that the volatility indicator showed a relatively high value, indicating a more volatile investment period. Overall, this strategy can be considered for investors seeking growth potential, but with the awareness of its volatility.

Truist Securities has reaffirmed its Buy rating on AECOM, maintaining a price target of $121.00. This move underscores the firm's confidence in the company's stock value and its potential for future growth.

The Royal Bank of Canada has also shown optimism by raising its price objective on AECOM shares from $123.00 to $126.00, accompanied by an "outperform" rating. This adjustment reflects positive expectations for the company's performance and suggests that analysts are bullish on AECOM's prospects.

AECOM management has increased the midpoint of fiscal 2025 adjusted EBITDA and EPS guidance. This revision indicates confidence in the company's ability to sustain strong market performance, which could further boost investor optimism and drive stock prices higher.

However, AECOM's second-quarter 2025 earnings report revealed that EPS and revenues fell short of analyst expectations. This disappointing performance could negatively impact investor sentiment and potentially lead to a temporary decline in stock prices.