After a 29.7% six-month drop, ACM trades far below its high though backlog hits $26B, margins expand and guidance rises-reviving the buy-the-dip debate.
Aecom (ACM) reported earnings 30 days ago. What's next for the stock?
AECOM ACM is seeing strong momentum from rising infrastructure investment across global markets. Rising investment in transportation networks, water systems and environmental infrastructure is creating a steady pipeline of projects.
AECOM ACM has been witnessing robust market trends with global public infrastructure demand reaching new heights. As of Dec. 31, 2025, the total backlog grew 9% year over year to $25.96 billion, with a book-to-burn ratio of 1.5x, more than enough coverage to sustain revenues through subsequent quarters.
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ACM wins a key role in Seattle's $1B transit overhaul, boosting its footprint in large-scale infrastructure modernization.
Investors interested in Engineering - R and D Services stocks are likely familiar with Aecom Technology (ACM) and Sterling Infrastructure (STRL). But which of these two stocks presents investors with the better value opportunity right now?
Aecom (ACM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
ACM Research is downgraded to Hold after Q4 2025 margins sharply declined despite strong revenue growth and a solid balance sheet. Q4 gross margin dropped to 40.9%, below ACMR's 42-48% target, with rising costs and competitive pressures challenging the prior bullish thesis. ACMR maintains ambitious 2026 revenue guidance ($1.08B-$1.175B), but sustained margin pressure and high working capital raise doubts about future profitability.
ACM Research, Inc. delivered Q4 revenue growth but suffered significant margin deterioration, prompting a Hold rating despite a strong balance sheet. Q4 gross margin fell over 870bps to 40.9%, with operating margin dropping 720bps, attributed to vague factors like product mix and scaling costs. Management maintains 2026 revenue guidance of $1.08B–$1.175B, implying 20%-30% growth, but expects lower margins to persist into H1 2026.
MTZ, EME, ACM, J and STRL are riding a massive AI data center build-out, as trillions in projected capex fuel demand for power, cooling and infrastructure.
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