Bullish Case: ACM's strong historical returns and significant recent contracts, including a $2.0B U.S. Navy award and a NASA contract, underpin potential growth. Enhanced by strategic acquisitions and robust project pipelines, ACM is poised for upward trajectory.


Bearish Case: Recent insider sales suggest potential concerns about ACM's valuation. With increased implied volatility and mean reversion in price, there may be short-term underperformance or corrections impacted by market volatility.


Potential Outcomes:

1) 45% chance ACM climbs on stable contract execution;

2) 35% chance stagnates due to market corrections;

3) 20% chance dips due to insider sales.


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April 24, 2024


AECOM Forecast

ACM        AECOM
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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