Jabil IncNYSE: JBL
Information Technology · Electronic Manufacturing Services
$371.12
-1.03%
Vol: 1.2M
Research Digest
Friday, June 19, 2026
Jabil beat fiscal Q3 estimates and raised FY2026 guidance to ~$35B on surging AI infrastructure demand, sending shares sharply higher.
Jabil reported fiscal Q3 2026 (quarter ended May 31) net revenue of $8.75 billion, up about 12% year over year, and core diluted EPS of $3.16, beating the $3.10 consensus. The company raised its FY2026 revenue target to roughly $35 billion (from $34 billion, implying ~17% growth) and guided fiscal Q4 revenue to $9.2B-$10.0B with core EPS of $3.80-$4.20. Management said AI infrastructure demand remains 'extremely strong,' with a notable recovery in previously weak end markets such as automotive. The stock has gained roughly 83% in 2026 on the beat-and-raise pattern and traded between $366.21 and $390.05 on June 18. Argus raised its price target to $475 from $300 with a Buy rating. Key risk is high valuation and dependence on a single AI infrastructure demand cycle that could decelerate.
Previous Market Intelligence
13 daysJun 18Jabil beat Q3 FY2026 estimates on June 17 and raised full-year revenue guidance to $35B on surging AI demand, lifting shares ~10%.Positive▶
On June 17, 2026, Jabil reported Q3 FY2026 results with net revenue of ~$8.8 billion and core (non-GAAP) diluted EPS of $3.16, beating the ~$3.11 consensus by $0.05 and topping revenue estimates by ~$115 million. The company raised its full-year fiscal 2026 revenue outlook to $35 billion from $34 billion (about 17% YoY growth) and guided to core operating margin of 5.8%, core EPS of $12.70, and free cash flow above $1.4 billion. AI infrastructure demand was the standout driver, with full-year AI-related revenue now expected at ~$13.6 billion, up roughly 50% from $9 billion in fiscal 2025. Shares surged about 10% to ~$414, near the top of the 52-week range. The risk is heavy dependence on AI infrastructure spending and a stretched valuation after a strong multi-year run, leaving the stock exposed if AI capex momentum cools.
Jun 17Jabil reports Q3 FY2026 earnings before the open on June 17, with consensus calling for $3.09 EPS (+21% YoY) and $8.53B revenue driven by surging AI data-center demand.Positive▶
Jabil is scheduled to release its fiscal third-quarter 2026 results on June 17, 2026, before the market opens, with a conference call at 8:30 a.m. ET. The Zacks consensus estimate is $3.09 EPS, up about 21% year over year, on roughly $8.53B in revenue (up nearly 9%); Jabil has beaten estimates in each of the past four quarters by an average of 7.92%. The AI infrastructure market is its biggest growth engine, supported by recent strategic alliances with Adani Group (AI/data-center manufacturing in India) and Axiado (AI cybersecurity for OCP servers). Carrying a Zacks Rank #2 (Buy), expectations are elevated heading into the print. The bear case is that high expectations leave room for a sell-the-news reaction if guidance disappoints, and that demand is outpacing Jabil's ability to supply leading-edge AI racks.
Jun 16Jabil reports fiscal Q3 2026 earnings before the open on June 17, with Wall Street forecasters revamping estimates higher and flagging AI/data-center upside.Positive▶
Jabil is set to report fiscal third-quarter 2026 results before market open on Wednesday, June 17, 2026, with the Street consensus around $3.10 EPS on roughly $8.6 billion of revenue (estimate range $3.03-$3.25 EPS, $8.50B-$8.97B revenue). Ahead of the print, top Wall Street forecasters have been raising targets and expectations, citing strength in AI, data-center infrastructure, automotive, healthcare and cloud demand; recent moves include Raymond James lifting its target to $425 from $300 (June 10) and UBS raising to $380 from $273 (June 9). The stock has been on a powerful run, up roughly 57% year-to-date, and traded between about $373 and $387 on June 14. Jabil has beaten earnings estimates in each of the trailing four quarters (avg surprise ~7.9%) and guided Q3 revenue to $8.1B-$8.9B. The bull case rests on continued AI/data-center capex and margin improvement, with management's intent to form a strategic AI/data-center manufacturing alliance with India's Adani Group adding optionality. The bear/risk case is that expectations and valuation have run sharply ahead of fundamentals, so anything short of a clear beat-and-raise could trigger a sell-off given the rich entry point into the print.
Jun 15No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 14No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 21Jabil beats Q2 FY26 EPS estimates as AI infrastructure demand drives 23% revenue growthPositive▶
Jabil reported Q2 FY2026 EPS of $2.69 vs. $2.51 consensus on revenue of $8.28B (+23.1% YoY), beating Street expectations. Shares hit an all-time high of $372.37 on May 6 and were rated Buy with a $450 PT (32% upside) driven by AI infrastructure demand and margin expansion. The company declared a $0.08 quarterly dividend and announced a strategic partnership to expand AI data center capabilities. Management presented at the J.P. Morgan TMT Conference on May 19.
May 20Jabil presented at J.P. Morgan TMT Conference fireside chat on May 19, with stock trading around $332 amid AI infrastructure tailwinds and a 113% one-year gain.Positive▶
Jabil participated in a fireside chat at the J.P. Morgan Global Technology, Media and Communications Conference on May 19, 2026 at 10:45 AM EDT, where management likely reinforced its AI infrastructure positioning. The stock traded between $321.92 and $336.82 on May 20, well below its May 6 all-time high of $372.37 but still up 113% over the past year. The company's Q2 fiscal 2026 beat (revenue $8.3B, +23.9% YoY) and a third hyperscaler win underpin a Buy rating with $450 PT, implying 32% upside as operating margins expand from 5.7% (FY26) to 6%+ (FY27). A $0.08 quarterly dividend was declared with May 15 record date, payable June 2. Risk: insider selling and valuation debate after the strong run could trigger profit-taking if AI capex signals cool.
May 19Jabil presents at J.P. Morgan Global TMT Conference on May 19 with a fireside chat at 10:45 AM EDT.Positive▶
On May 19, 2026, Jabil participates in a fireside chat at the J.P. Morgan Global Technology, Media and Communications Conference at 10:45 AM EDT, a key venue for AI-infrastructure positioning commentary. JBL recently reported FQ2 EPS of $2.69 vs $2.51 consensus on $8.28B revenue (up 23.1% YoY) and hit an all-time high of $372.37 on May 6. Operating margin is expected to expand from 5.7% in FY26 to 6%+ in FY27 on AI data-center demand. Bear case: stock has run 113% YoY, valuation is stretched, and insider selling has accelerated alongside the AI rally.
May 18Jabil participating in J.P. Morgan Tech Conference May 19 amid AI data center momentum and prior Q2 beat.Positive▶
Jabil announced participation in a fireside chat at the J.P. Morgan Global Technology, Media and Communications Conference on Tuesday, May 19, 2026. The company recently posted Q2 FY26 net revenue of $8.3 billion, up 23.9% year-over-year, with GAAP diluted EPS of $2.08, alongside a strategic AI data center partnership. Shares hit an all-time high of $372.37 on May 6 and remain near record territory, fueled by AI infrastructure demand and margin expansion. Analysts are constructive with a Buy rating and $450 price target citing 32% upside, with operating margin expected to rise from 5.7% in FY26 to over 6% in FY27. The stock traded around $339-$355 during the week.
May 15Jabil to present at J.P. Morgan TMT Conference May 19 after declaring $0.08 dividend; Bank of America raises PT to $354 on AI data center momentumPositive▶
Jabil announced it will participate in a fireside chat at the J.P. Morgan Global Technology, Media and Communications Conference on Tuesday, May 19, 2026. The Board declared a quarterly dividend of $0.08 per share to holders of record May 15, payable June 2. Recent fiscal Q2 results showed revenue of $8.3B (+23.9% YoY) and adjusted EPS of $2.69 beating the $2.51 consensus. Jabil raised FY profit and revenue guidance citing strong AI, data center, and automation demand, supported by the recent Hanley Energy acquisition aimed at AI data center markets. Bank of America raised price target to $354 from $295. Stock has been upgraded to Strong Buy on favorable earnings revisions and AI-related demand strength. The company also announced a $1.1M donation over three years to St. Petersburg College for advanced manufacturing training.
May 14Jabil announces JPMorgan TMC Conference fireside chat May 19 and $500M U.S. AI manufacturing expansion amid 23.9% Q2 revenue growth to $8.3BPositive▶
Jabil announced on May 12, 2026 that it will participate in a fireside chat at the J.P. Morgan Global Technology, Media and Communications Conference on May 19. The investor conference comes amid Jabil's strong fiscal Q2 results with revenue of $8.3 billion (up 23.9% YoY), GAAP diluted EPS of $2.08, and core non-GAAP EPS of $2.69. The company announced a $500 million U.S. manufacturing expansion to support AI data center demand and a strategic partnership to enhance AI data center capabilities, aggressively expanding capacity for AI servers, liquid cooling, silicon photonics, and cloud infrastructure. Jabil declared a $0.08 quarterly dividend payable June 2 to holders of record May 15. Stock hit an all-time high of $372.37 on May 6. Raymond James raised PT to $300 and Bank of America to $295. Jabil holds Zacks Rank #2 Buy. 1-year shareholder return is 126.78%.
May 13Jabil announced participation in J.P. Morgan TMT conference as shares trade near all-time highs on AI/data-center tailwinds.Positive▶
On May 12, 2026, Jabil announced participation in a fireside chat at the J.P. Morgan Global Technology, Media and Communications Conference on May 19. Shares rose 2.84% to $365.24 on May 11 and have been pressing recent all-time highs (high of $372.37 hit May 6), helped by strong fiscal Q2 results: revenue of $8.3 billion (up 23.9% YoY), GAAP operating income of $374 million, and core EPS of $2.69, all ahead of expectations per CEO Mike Dastoor. Jabil has been upgraded to Strong Buy by some research providers, with sentiment supported by AI-driven IT spending and data-center demand. The board declared a $0.08 per share quarterly dividend, payable June 2 to holders of record May 15. Geopolitical factors and a strategic AI data center partnership have continued to support the bull case.
May 12Jabil stock hits all-time high above $370 as AI infrastructure demand drives upgrade to Strong Buy and revenue growth of 24%Positive▶
Jabil reached an all-time high on May 6 at $372.37 (market cap $38.68B) after reporting impressive fiscal Q2 2026 revenue of $8.3B (+23.9% YoY), core operating margin of 5.3%, and adjusted EPS of $2.69. The stock has been upgraded to Strong Buy amid strong AI data center demand. Stifel raised its price target to $290 citing AI tailwinds while BofA Securities increased its target to $354 highlighting growth in Jabil's Intelligent Infrastructure business. The board declared a quarterly dividend of $0.08 per share payable June 2 to holders of record May 15. Plato Investment Management cut its stake 55.9% in Q4. Geopolitical tailwinds are supporting IT spending sentiment broadly.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| TELTE | $217.81 | +2.64% | -0.6% | 15.7x | 1.17 | $57.6B |
| JBLJABIL | $371.12 | -1.03% | -8.2% | 20.4x | 1.28 | $35.8B |
| NVDANVIDIA | $210.83 | +3.02% | -2.1% | 15.3x | 2.21 | $4.72T |
| AAPLAPPLE | $298.37 | +0.82% | +5.3% | 32.1x | 1.10 | $4.53T |
| MSFTMICROSOFT | $379.59 | +0.18% | +6.8% | 20.2x | 1.13 | $2.90T |
| AVGOBROADCOM | $411.77 | +4.80% | -5.7% | 18.6x | 1.46 | $1.71T |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price above both MAs — bullish structure.