Jabil (NYSE:JBL) Given “Buy” Rating at Argus

Jabil (NYSE:JBL)‘s stock had its “buy” rating reissued by stock analysts at Argus in a research note issued on Thursday, Benzinga reports. They currently have a $475.00 target price on the technology company’s stock. Argus’ target price would indicate a potential upside of 60.62% from the company’s previous close.

Other research analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. increased their target price on shares of Jabil from $395.00 to $450.00 and gave the stock an “overweight” rating in a report on Thursday, June 18th. Robert W. Baird increased their target price on shares of Jabil from $355.00 to $440.00 and gave the stock an “outperform” rating in a report on Thursday, June 18th. Stifel Nicolaus set a $460.00 price target on shares of Jabil and gave the stock a “buy” rating in a research report on Thursday, June 18th. Barclays dropped their price target on shares of Jabil from $426.00 to $378.00 and set an “overweight” rating on the stock in a research report on Thursday. Finally, Raymond James Financial upped their price target on shares of Jabil from $425.00 to $450.00 and gave the stock a “strong-buy” rating in a research report on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Jabil has an average rating of “Buy” and an average price target of $436.44.

Jabil Stock Up 3.1%

JBL traded up $8.87 during trading hours on Thursday, hitting $295.73. 640,195 shares of the company’s stock were exchanged, compared to its average volume of 1,219,564. Jabil has a 1-year low of $189.60 and a 1-year high of $428.93. The stock’s 50-day moving average is $317.47 and its two-hundred day moving average is $325.64. The stock has a market cap of $30.99 billion, a price-to-earnings ratio of 36.92, a PEG ratio of 0.71 and a beta of 1.29. The company has a quick ratio of 0.66, a current ratio of 0.98 and a debt-to-equity ratio of 2.17.

Jabil (NYSE:JBL) last announced its earnings results on Wednesday, September 30th. The technology company reported $4.40 EPS for the quarter, topping the consensus estimate of $4.05 by $0.35. Jabil had a net margin of 2.57% and a return on equity of 83.93%. The business had revenue of $10.62 billion during the quarter, compared to analysts’ expectations of $9.69 billion. During the same quarter in the prior year, the company posted $3.29 earnings per share. The firm’s revenue was up 28.6% on a year-over-year basis. Jabil has set its Q1 2027 guidance at 3.800-4.200 EPS and its FY 2027 guidance at 17.550-17.550 EPS. Sell-side analysts predict that Jabil will post 11.73 earnings per share for the current fiscal year.

Insider Buying and Selling at Jabil

In other news, EVP Matthew Crowley sold 94 shares of the stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $345.00, for a total value of $32,430.00. Following the transaction, the executive vice president directly owned 57,536 shares of the company’s stock, valued at $19,849,920. This represents a 0.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.35% of the stock is owned by insiders.

Hedge Funds Weigh In On Jabil

Large investors have recently modified their holdings of the stock. BlackRock Inc. bought a new position in shares of Jabil in the second quarter valued at about $3,905,704,000. Primecap Management Co. CA bought a new position in shares of Jabil in the second quarter valued at about $1,220,861,000. Bank of America Corp DE bought a new position in shares of Jabil in the second quarter valued at about $447,882,000. JPMorgan Chase & Co. raised its position in shares of Jabil by 45.7% in the fourth quarter. JPMorgan Chase & Co. now owns 1,884,545 shares of the technology company’s stock valued at $429,714,000 after purchasing an additional 591,364 shares during the period. Finally, Bank of New York Mellon Corp bought a new position in shares of Jabil in the second quarter valued at about $411,079,000. 93.39% of the stock is owned by institutional investors.

Key Headlines Impacting Jabil

Here are the key news stories impacting Jabil this week:

• Positive Sentiment: Jabil’s fourth-quarter adjusted EPS of $4.40 exceeded the $4.05 consensus estimate, while revenue rose 28.6% year over year to $10.62 billion, well above expectations of $9.69 billion. EPS increased from $3.29 in the prior-year quarter. Jabil earnings results
• Positive Sentiment: Demand for AI-related cloud and data-center infrastructure is driving growth. Jabil’s Intelligent Infrastructure segment grew 45.5%, and management expects another 43% increase in fiscal 2027. The company also highlighted 21% fiscal 2026 revenue growth, 40 basis points of core operating-margin expansion and more than $1.5 billion in adjusted free cash flow. Jabil AI data-center demand outlook
• Positive Sentiment: Fiscal 2027 guidance is above Wall Street forecasts: revenue of $44.5 billion versus $42.6 billion expected and EPS of $17.55 versus $16.58. First-quarter guidance also exceeds consensus. Jabil plans to return capital through a new $1.5 billion share-repurchase program. Jabil fiscal 2026 results
• Positive Sentiment: Argus reaffirmed its Buy rating and set a $475 price target, implying substantial potential upside from the referenced price. Argus Jabil price target
• Negative Sentiment: Despite the earnings beat and above-consensus outlook, Jabil shares fell sharply. The reaction suggests investors may be locking in gains after a major prior rally and demanding more upside from a stock trading at a relatively high valuation. The shares are also below their 50-day and 200-day moving averages, signaling weakened momentum. Jabil stock reaction to outlook

Jabil Company Profile

Jabil Inc is a global manufacturing services and technology company that helps brands design, manufacture, and manage products and supply chains. Its capabilities include product design and engineering, prototyping, production, assembly, testing, packaging, logistics, and aftermarket services.

The company serves customers across a range of industries, including healthcare, automotive, cloud and data infrastructure, communications, connected devices, industrial equipment, energy, and consumer products.