5 Best Civil Engineering Stocks to Buy for Smart City Projects

4. Jacobs Solutions Inc. (NYSE:J)

Upside Potential: 30.75%

Jacobs Solutions Inc. (NYSE:J) strengthened its position in the utility and infrastructure consulting market on June 4 after being selected by SSEN Transmission for multiple strategic frameworks with a combined potential value exceeding $1 billion. The agreements will support the modernization of northern Scotland’s electricity transmission network and include operational technology cybersecurity, substation design, and digital services. The projects are designed to improve grid resilience, enhance network security, and facilitate greater integration of renewable energy resources, further reinforcing Jacobs’ reputation as a trusted partner on large-scale infrastructure modernization initiatives.

Earlier, on May 6, KeyBanc analyst Sangita Jain lowered the firm’s price target on Jacobs Solutions Inc. (NYSE:J) to $150 from $154 while maintaining an Overweight rating. Although operating margins were affected by the resolution of a legacy joint-venture matter, the company reported stronger-than-expected revenue and raised its full-year guidance for net service revenue and EBITDA margin. KeyBanc highlighted strong momentum in data center-related projects, robust growth in critical infrastructure operations, and expectations for improving activity in life sciences later in the year, all of which support a favorable long-term outlook.

Jacobs Solutions Inc. (NYSE:J) is a global professional services firm headquartered in Dallas, Texas, and was founded in 1947. The company provides consulting, engineering, design, project management, and technology solutions across infrastructure, environmental services, water systems, life sciences, advanced manufacturing, cybersecurity, and energy markets.