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Aecom Technology (NYSE:ACM) stock reached an all-time high of 122.09 USD, marking a significant milestone for the company. With a market capitalization of $16.1 billion and analysts setting price targets up to $145, InvestingPro data suggests the infrastructure giant maintains strong momentum. This achievement reflects a 27.3% increase over the past year, with an impressive 25.3% gain in just the last six months, highlighting the company’s robust performance and investor confidence. Aecom, a leader in infrastructure and engineering services, has shown resilience and growth potential, contributing to its upward trajectory in the stock market. The stock’s surge to this record level underscores the positive market sentiment surrounding the company’s strategic initiatives and financial health, earning a "GOOD" overall rating from InvestingPro’s comprehensive analysis framework. For deeper insights into AECOM’s valuation and growth prospects, investors can access the detailed Pro Research Report, available exclusively on InvestingPro.
In other recent news, AECOM reported its fiscal third-quarter 2025 earnings, surpassing Wall Street expectations. The company achieved an earnings per share (EPS) of $1.34, exceeding the forecasted $1.26. Additionally, revenue reached $1.94 billion, slightly above the anticipated $1.93 billion. AECOM has also been appointed as the Project Management Consultant and engineer for Phase II of The Avenues - Riyadh, a $4 billion mixed-use development in Saudi Arabia. This project will include a luxury shopping mall and five towers for hospitality, commercial, and residential use. Furthermore, AECOM, in a joint venture with Binnies Singapore, has been selected to provide engineering services for the Phase 3 expansion of Singapore’s Changi Water Reclamation Plant. This expansion will increase the plant’s treatment capacity by up to 96 million gallons per day. These developments highlight AECOM’s ongoing involvement in significant international infrastructure projects.
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