STOCK TITAN

Jacobs Solutions Inc. - J STOCK NEWS

Welcome to our dedicated page for Jacobs Solutions news (Ticker: J), a resource for investors and traders seeking the latest updates and insights on Jacobs Solutions stock.

Jacobs Solutions Inc. (NYSE: J) is a global leader in providing comprehensive engineering, design, procurement, construction, and maintenance services. With a workforce of approximately 60,000 employees, Jacobs Solutions operates across diverse sectors, including water, transportation, healthcare, technology, and chemicals. The firm also excels in delivering cutting-edge cyber engineering and security solutions to industrial, commercial, and government clients worldwide.

In fiscal 2023, Jacobs Solutions reported robust financial performance, generating $16.4 billion in revenue and $1.3 billion in adjusted operating income. The company's expertise extends to areas such as water treatment and desalination, where it consistently ranks at the top of Engineering News Record's list of design firms.

One of the company's recent significant achievements is its selection by Water Corporation in Western Australia to design, build, operate, and maintain the Alkimos Seawater Desalination Plant in Perth. This project, in alliance with ACCIONA and Water Corporation, aims to produce up to 26 billion gallons of drinking water annually, addressing water scarcity driven by climate change and population growth.

Jacobs Solutions is also heavily involved in other high-profile projects, including a collaboration with the UK Atomic Energy Authority on engineering design services for fusion energy research, and the development of a new nuclear power plant design for the UK's National Nuclear Laboratory. Moreover, the company is managing a large-scale wastewater treatment plant expansion in Hamilton, Ontario, and enhancing Omaha's wastewater collection network with its Aqua DNA digital solution.

In terms of strategic development, Jacobs is progressing towards the separation and merger of its Critical Mission Solutions and portions of its Divergent Solutions business with Amentum, expected to close in the second half of fiscal 2024. This move is aimed at optimizing the company’s focus and creating more shareholder value.

For the latest updates, news, and developments about Jacobs Solutions Inc., visit their official website or follow them on Facebook, Instagram, LinkedIn, and X.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.68%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.68%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.42%
Tags
none
Rhea-AI Summary
Jacobs has been selected as the prime consultant to the Virginia Passenger Rail Authority (VPRA) to deliver general engineering consulting services for passenger rail initiatives under its Transforming Rail in Virginia infrastructure program. The contract is estimated to be up to $10 million per year for a one-year contract with the option to renew for an additional three years. Jacobs will provide comprehensive support for the improvement and expansion of the existing Amtrak service and restoration of Amtrak's Roanoke to the New River Valley service, enabling efforts to establish high-speed passenger rail in the state and increasing resilient and equitable connectivity to Amtrak's Northeast corridor and the rest of the nation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.28%
Tags
none
-
News
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.19%
Tags
dividends
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.07%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.14%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.8%
Tags
none
-
News
Rhea-AI Summary
Jacobs and Palantir Technologies Inc. announced an expansion of their partnership to commercialize new AI solutions across multiple sectors. The partnership aims to leverage Palantir's AI capabilities to create value for clients by providing transparency, guardrails, and security solutions. Jacobs will incorporate Palantir AIP to unlock speed, efficiency, and informed decision-making for their clients. The focus will be on critical infrastructure, advanced facilities, and supply chain management.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.13%
Tags
partnership
Rhea-AI Summary
Jacobs has been appointed to Homes England's new Development and Regeneration Technical Services (DaRTS) Framework to support the U.K. government's housing acceleration in England. Jacobs will provide full multidisciplinary built environment, professional and technical services to Homes England and other public sector bodies through 2027. The focus will be on delivering inclusive and sustainable neighborhoods with long-term positive and enduring social impact.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.13%
Tags
none

FAQ

What is the current stock price of Jacobs Solutions (J)?

The current stock price of Jacobs Solutions (J) is $140.01 as of November 15, 2024.

What is the market cap of Jacobs Solutions (J)?

The market cap of Jacobs Solutions (J) is approximately 17.5B.

What services does Jacobs Solutions Inc. provide?

Jacobs Solutions offers engineering, design, procurement, construction, and maintenance services, along with cyber engineering and security solutions.

In which sectors does Jacobs Solutions operate?

Jacobs Solutions operates in sectors such as water, transportation, healthcare, technology, and chemicals.

How much revenue did Jacobs Solutions generate in fiscal 2023?

Jacobs Solutions generated $16.4 billion in revenue and $1.3 billion in adjusted operating income in fiscal 2023.

What is a significant recent project by Jacobs Solutions?

Jacobs Solutions was selected to design, build, operate, and maintain the Alkimos Seawater Desalination Plant in Perth, Australia.

How many employees work at Jacobs Solutions?

Jacobs Solutions employs approximately 60,000 workers.

What are some key collaborations of Jacobs Solutions?

Jacobs collaborates with the UK Atomic Energy Authority, National Nuclear Laboratory, and many others on significant engineering and technological projects.

What strategic move is Jacobs Solutions currently making?

Jacobs is in the process of separating and merging its Critical Mission Solutions and parts of its Divergent Solutions business with Amentum.

Where can I find more updates about Jacobs Solutions?

For the latest updates, visit Jacobs Solutions' official website or connect with them on Facebook, Instagram, LinkedIn, and X.

What recognition does Jacobs have in water treatment?

Jacobs consistently ranks top in water treatment and desalination on Engineering News Record’s list of top design firms.

What digital solutions does Jacobs provide for wastewater management?

Jacobs offers Aqua DNA, a digital solution that enhances wastewater system performance through real-time data and AI-driven insights.

Jacobs Solutions Inc.

NYSE:J

J Rankings

J Stock Data

17.49B
124.25M
1%
87.77%
1.09%
Engineering & Construction
Heavy Construction Other Than Bldg Const - Contractors
Link
United States of America
DALLAS