Jacobs (NYSE:J) Receives New Price Target from Analyst

• Andrew Wittmann from Robert W. Baird sets a new price target of $161 for Jacobs (NYSE:J), indicating an 8.44% potential increase.
• The Marselis Tunnel project in Denmark is expected to significantly drive backlog growth for Jacobs, enhancing its infrastructure portfolio.
• Jacobs' current stock price is $148.48, with a market capitalization of approximately $17.75 billion, reflecting its significant industry presence.

Jacobs (NYSE:J) is a global professional services company that provides a wide range of technical, professional, and construction services. The company is known for its work in infrastructure, aerospace, and technology sectors. Jacobs competes with other major firms like AECOM and Fluor Corporation in delivering large-scale projects worldwide.

On August 27, 2025, Andrew Wittmann from Robert W. Baird set a new price target of $161 for Jacobs. At the time, the stock was trading at $148.48, indicating an 8.44% potential increase. This optimistic outlook aligns with Jacobs' strategic moves, such as their involvement in Denmark's Marselis Tunnel project, which is expected to boost their infrastructure portfolio.

The Marselis Tunnel project is a multi-year initiative that is anticipated to significantly drive backlog growth for Jacobs. This project is expected to provide long-term momentum for the company, supporting the positive price target set by Andrew Wittmann. Such projects are crucial for Jacobs as they enhance the company's reputation and financial stability.

Currently, Jacobs' stock is priced at $148.48, showing a slight increase of 0.23% or $0.34. The stock has fluctuated between $147.95 and $149.32 today. Over the past year, it has reached a high of $152.40 and a low of $105.18, reflecting its market volatility. Jacobs has a market capitalization of approximately $17.75 billion, indicating its significant presence in the industry.

Today's trading volume for Jacobs is 84,293 shares, which provides insight into investor interest and market activity. As Jacobs continues to secure large projects like the Marselis Tunnel, the company is well-positioned to achieve the new price target and sustain its growth trajectory.