UBS Raises Jacobs Price Target to $166, Maintains Buy Rating

UBS analyst Steven Fisher has raised Jacobs' price target from $152 to $166 while maintaining a Buy rating. Jacobs exceeded expectations in its recent quarterly performance, demonstrating improved growth within PA Consulting and robust new bookings. The analyst notes that strong demand and ongoing margin expansion will enhance future earnings potential for the company.

UBS analyst Steven Fisher recently updated his price target for Jacobs Solutions, increasing it from $152 to $166 while maintaining a Buy rating. This move comes following the company's strong third-quarter (Q3) financial performance, which exceeded market expectations. Jacobs Solutions demonstrated robust growth within its PA Consulting division and reported significant new bookings, reflecting strong demand and ongoing margin expansion.

The analyst's revised target underscores the company's potential for future earnings growth. According to Fisher, Jacobs Solutions' performance in Q3 was driven by several key factors, including improved operational efficiency and strategic initiatives. The analyst noted that the company's focus on expanding its data center capabilities and securing digital transformation engagements contributed significantly to its strong quarterly results.

Jacobs Solutions' Q3 earnings per share (EPS) grew by 25% year-over-year, surpassing analysts' expectations of $1.53. While revenue fell slightly short of forecasts, the company's robust earnings growth and strategic initiatives drove a 4.12% rise in its stock price in pre-market trading. The company's record backlog of $22.7 billion also indicates strong future growth potential.

Despite the positive performance, Jacobs Solutions faces several challenges, including potential supply chain disruptions, market saturation in key sectors, and macroeconomic pressures such as inflation. However, the company's strategic focus and operational resilience position it well for future success.

Overall, UBS analyst Steven Fisher's revised price target reflects the market's growing confidence in Jacobs Solutions' ability to deliver strong earnings growth and margin expansion. Investors should continue to monitor the company's progress and stay informed about its strategic initiatives and future earnings potential.

References:
[1] https://www.benzinga.com/insights/analyst-ratings/25/08/46902081/what-analysts-are-saying-about-jacobs-solutions-stock
[2] https://www.investing.com/news/transcripts/earnings-call-transcript-jacobs-engineering-q3-2025-beats-eps-expectations-93CH-4171007