Truist Increases its Price Target on AECOM (ACM) to $132 and Maintains a Buy Rating

Jeff Lewis

Sun, February 22, 2026 at 12:39 AM GMT+9 2 min read

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AECOM (NYSE:ACM) is among the 10 Best Consensus Buy-Rated Stocks to Invest in. On February 11, 2026, Truist analyst Jamie Cook increased the firm’s price target on AECOM (NYSE:ACM) to $132 from $126 and maintained a Buy rating. The analyst said fiscal Q1 EPS came in ahead of management expectations, supported by net service revenue growth of 2% on a constant currency basis and 5% when adjusting for fewer working days. Truist also noted that the company’s pipeline reached a record level, with the Americas pipeline up 20% year over year and the early-stage pipeline up 34% year over year.

A day earlier, on February 10, 2026, BofA analyst Michael Feniger raised his price target on AECOM to $118 from $117 and kept a Buy rating following what he described as a “solid” fiscal Q1 report. The firm slightly increased its estimates after the results and said AECOM is positioned to benefit from infrastructure tailwinds, margin expansion, and strong backlog visibility.

AECOM reported Q1 revenue of $3.83 billion on February 9, 2026, above the $3.53 billion consensus estimate. CEO Troy Rudd said the company “outperformed our expectations on every key financial metric” and raised full-year guidance. Backlog increased 9%, supported by a 1.5 book-to-burn ratio and several large project wins. Management also highlighted ongoing investments in Advisory, Program Management, and technology initiatives, including AI, aimed at expanding the addressable market and reinforcing long-term growth targets.

Truist Increases its Price Target on AECOM (ACM) to $132 and Maintains a Buy Rating

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AECOM (NYSE:ACM) provides professional infrastructure consulting services for governments, businesses, and organizations internationally.

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READ NEXT: 10 Most Profitable Undervalued Stocks to Buy and 11 Best Mining Stocks to Buy According to Wall Street.

Disclosure: None.

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