Jacobs Solutions (J) shares rallied 7% in the last trading session to close at $118.54. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 9.3% loss over the past four weeks.Following President Trump's announcement to suspend U.S. tariffs on most countries for 90 days, Jacobs  shares soared, reflecting renewed investor optimism.This construction and technical services company is expected to post quarterly earnin ...

Group 1 - Jacobs has been selected by PsiQuantum to provide master planning, schematic design, and owner's engineer services for a utility-scale quantum computer in Brisbane, Australia [1][2] - The facility will cover 540,000 square feet and include a main office building, a large-scale cryoplant, and the Quantum Computing Center [2] - Construction is expected to start in 2025 and be completed by the end of 2027 [3] Group 2 - PsiQuantum's quantum computer aims to solve complex problems that conventional and AI computers cannot, contributing to Australia's National Quantum Strategy [2][3] - Quantum computers are seen as a major advancement in computing, with potential applications in healthcare, pharmaceuticals, energy, and national defense [3] Group 3 - Jacobs is recognized as the number one company in Data Centers, Design, Manufacturing, and Industrial Processes by Engineering News-Record in 2024 [4] - The company generates approximately $12 billion in annual revenue and employs nearly 45,000 people, offering end-to-end services across various sectors [5]

Group 1: Jacobs Solutions Inc. Overview - Jacobs Solutions Inc. has been awarded a significant contract for the Boise Airport's multi-year capital expansion, highlighting its leadership in transportation infrastructure [1] - The project aims to accommodate an 81% increase in passenger demand over the past decade, positioning Jacobs at the center of a transformative initiative [1][3] - As the owner's representative, Jacobs will manage planning, design, and initial operations for the expansion, which includes constructing Concourse A and renovating Concourse B [2] Group 2: Economic Impact and Growth - The Boise Airport is crucial for Idaho's economy, providing connections to 27 non-stop destinations, and the expansion will enhance accessibility and stimulate business growth [3] - Jacobs' senior vice president emphasized the importance of managing complex infrastructure projects to meet rising passenger demand and improve the passenger experience [3] - The contract reinforces Jacobs' dominance in airport infrastructure while supporting Boise's rapid economic expansion, indicating strong growth prospects for the company [5] Group 3: Jacobs' Financial Performance - At the end of the fiscal first quarter, Jacobs reported a backlog of $21.8 billion, reflecting an 18.9% year-over-year increase [6] - The company anticipates adjusted net revenues to grow at a mid-to-high single-digit rate year-over-year in fiscal 2025, driven by strong first-quarter results [6] Group 4: Industry Context - Other infrastructure companies such as AECOM, MasTec Inc., and KBR Inc. are also benefiting from increased investments in infrastructure, positioning themselves for significant growth [7] - AECOM reported a backlog of $23.88 billion, up from $23.32 billion year-over-year, indicating strong growth momentum [8] - MasTec's backlog reached a record high of $14.3 billion, up 15.2% year-over-year, driven by strong bookings in Clean Energy and Infrastructure projects [9] - KBR's diversified global portfolio and focus on high-end government business have led to revenue and earnings growth, with 75% of its 2025 revenues already contracted [10]

Core Viewpoint - Jacobs has successfully exited its equity stake in Amentum Holdings, resulting in a significant debt reduction of approximately $312 million through an equity-for-debt exchange [1] Group 1: Transaction Details - Jacobs exchanged 19,464,174 shares of Amentum common stock for approximately £240 million in term loans, leading to a decrease in outstanding borrowings by the same amount [1] - The transaction was facilitated by BofA Securities, Inc., which acted as the selling shareholder in a registered public offering that closed on March 13, 2025 [1][2] - An additional 9,732,087 shares of Amentum common stock remain in escrow, pending performance milestones related to a previous merger [1] Group 2: Strategic Implications - The equity-for-debt exchange is part of Jacobs' business transformation strategy aimed at creating a leading science-based consulting and advisory company [1] - The company aims to deliver resilient, digitally enabled infrastructure solutions that positively impact the world [1] Group 3: Company Overview - Jacobs reported approximately $12 billion in annual revenue and employs nearly 45,000 people, providing end-to-end services across various sectors [4]

Group 1 - Jacobs Solutions was formed from Jacobs Engineering Group on August 29th, 2022, with each shareholder receiving shares in the new NYSE-listed Jacobs on a 1:1 basis [1] - The company focuses on innovation across various sectors and aims to find investments that combine growth, unique opportunities, and value for both shareholders and customers [1] Group 2 - The analyst expresses a potential interest in initiating a long position in Jacobs Solutions within the next 72 hours [2] - The article reflects the author's personal opinions and does not represent any business relationship with the companies mentioned [2]

Core Insights - Jacobs has been selected by Boise Airport to assist in a multi-year capital expansion plan to accommodate an 81% increase in passenger demand over the past decade [1][3] Group 1: Project Details - The expansion plan includes the construction of Concourse A, renovation of Concourse B, and potential improvements to other terminal facilities [1][2] - The design phase for the Concourse A Development and Concourse B Renovation projects is set to begin in 2025 [3] Group 2: Economic Impact - The growth of Boise Airport is critical for economic development in Idaho, connecting the state's capital with 27 non-stop destinations over the past year [3] - Jacobs emphasizes the importance of managing complex infrastructure projects to enhance passenger experience and prepare for future growth [3][4] Group 3: Company Profile - Jacobs is ranked No. 2 in Transportation by Engineering News-Record and provides comprehensive services in various sectors including transportation, energy, and environmental solutions [4][5] - The company generates approximately $12 billion in annual revenue and employs nearly 45,000 people [5]

Core Insights - Jacobs Solutions Inc. has secured a $13.4 million operational technology cybersecurity contract with Hampton Roads Sanitation District, marking it as one of the largest contracts in the U.S. wastewater sector [1] - The contract enhances Jacobs' position in the industrial cybersecurity market, particularly in safeguarding critical infrastructure against rising cyber threats [2][6] Company Strategy and Market Position - The contract involves comprehensive cybersecurity measures, including network engineering and monitoring across 30 square miles of wastewater infrastructure [4] - Jacobs served over 40 U.S. water utilities in fiscal 2024, showcasing its capability in providing advanced industrial cybersecurity solutions [5] - The company is strategically positioned to benefit from increased investment in infrastructure security, indicating strong growth potential in the OT cybersecurity sector [6] Financial Performance and Outlook - Jacobs' backlog increased by 18.9% year over year to $21.8 billion, reflecting strong project wins and robust demand [10] - The book-to-bill ratio was 1.00x for the quarter and 1.3x over the trailing 12 months, indicating future revenue stability [10] - Earnings estimates for fiscal 2025 have slightly declined to $6.05 per share, but still indicate a 14.6% growth from fiscal 2024 [8]

Core Insights - Jacobs has been awarded a significant operational technology (OT) cybersecurity contract by Hampton Roads Sanitation District (HRSD), valued at $13.4 million, aimed at enhancing cybersecurity for wastewater treatment services [2][3] - The contract is notable as one of the largest OT cybersecurity services contracts awarded by a U.S. wastewater utility, reflecting the growing demand for cybersecurity in critical infrastructure [2][3] - The collaboration aims to establish HRSD as a benchmark for cybersecurity excellence in the water and wastewater sector, ensuring the protection of public health and the environment [3] Company Overview - Jacobs is recognized as a leader in OT cybersecurity within the water sector, having served over 40 water utilities across the U.S. in fiscal year 2024 [4] - The company specializes in industrial cybersecurity, leveraging deep knowledge of vertical asset engineering and industrial control systems [4] - Jacobs operates with approximately $12 billion in annual revenue and a workforce of nearly 45,000, providing comprehensive services across various sectors including energy, environmental, and water [5]

Core Insights - Jacobs has been appointed as the Construction Manager as Advisor (CMa) for the Long-Baseline Neutrino Facility (LBNF) Near Site Conventional Facilities project at Fermilab, a leading U.S. particle physics laboratory [1][2][4] - The total project cost for the LBNF facility exceeds $1 billion, with construction expected to commence in 2025 [4] Company Overview - Jacobs has a strong history of delivering complex underground and deep concrete infrastructure projects, including notable works such as the Grand Central Madison program and the Thames Tideway Tunnel [3] - The company reported approximately $12 billion in annual revenue and employs nearly 45,000 people, providing end-to-end services across various sectors [5] Project Details - The LBNF project will support the Deep Underground Neutrino Experiment (DUNE) and involves both above and below-ground construction [2][4] - Jacobs will provide project and construction management, as well as safety oversight for the facilities that will house the DUNE Near Detector [2][4]

Core Viewpoint - Jacobs is positioning itself to capitalize on investment megatrends and high-growth markets, targeting a 6-8% organic adjusted net revenue growth from FY25-29 and aiming for a 16%+ adjusted EBITDA margin with a 10%+ free cash flow margin by FY29 [1][2]. Financial Targets - The company has set the following financial targets for FY25-29: - Adjusted Net Revenue (Organic): +6% to 8% CAGR - Adjusted EBITDA Margin: +50 to 80 basis points per year - Adjusted EBITDA: +10% to 14% CAGR - Free Cash Flow: 10%+ FCF margin by FY29 [4]. Market Opportunities - Jacobs identifies significant serviceable addressable markets (SAM) in various sectors: - Water and Environmental: Estimated $220 billion SAM, focusing on water scarcity, wastewater challenges, and digital solutions - Life Sciences and Advanced Manufacturing: Estimated $120 billion SAM, driven by drug launches and semiconductor demand - Critical Infrastructure: Estimated $390 billion SAM, with opportunities in energy, transportation, and digital integration [6]. Growth Strategy - The company's strategy, "Challenge Accepted," aims to transform Jacobs into a more focused business that can drive profitable growth and deliver market-leading solutions in infrastructure, water, life sciences, and advanced manufacturing [1][2]. Financial Outlook - Jacobs anticipates mid-to-high single-digit growth in adjusted net revenue for fiscal 2025 compared to fiscal 2024, with an adjusted EBITDA margin of 13.8-14.0% and free cash flow conversion exceeding 100% of net income [3].