Jabil Circuit Inc

The global pharmaceutical electronic manufacturing services market is projected to grow from USD 32.69 billion in 2025 to USD 51.91 billion by 2031, at a compound annual growth rate of 8.10%. North America held 46.36% of the market in 2025, while Asia-Pacific is forecast to grow fastest at an 11.24% CAGR. PCB assembly and integration accounted for 40.13% of revenue in 2025, and pharmaceutical manufacturing equipment electronics represented 42.27%. Jabil reported 14% growth in its healthcare segment in 2025 and acquired Pharmaceutics International in February 2025 to expand aseptic filling and lyophilization capabilities. High capital requirements for cleanrooms and automated assembly lines remain a key barrier to entry.

Jabil is projecting AI-related revenues of approximately $13.6 billion in fiscal 2026, up from $9 billion a year earlier, driven by strong demand across the AI data-center buildout. The company is expanding manufacturing capacity in the United States, Mexico, and India, and won its third hyperscale customer in the third quarter. Jabil and Adani Enterprise are exploring a strategic alliance to build a multi-gigawatt AI data-center infrastructure manufacturing platform in India. Supply chain risks remain, with lead times increasing for high-bandwidth memory and high-density interconnect PCBs. Jabil shares have gained 68.4% over the past year, and fiscal 2026 earnings estimates have risen 3.07% to $12.74 over the past 60 days.

UBS upgraded Jabil to Buy from Neutral, citing stronger AI-driven demand and a more diversified business mix. The bank kept its $430 price target, implying about 28% upside, while raising its fiscal 2027 and 2028 EPS estimates to $16.78 and $20.24 from $15.89 and $18.34, respectively. UBS expects AI-related revenue to grow at least 50% in fiscal 2027 to about $20.3 billion, supported by capacity expansion in Memphis and North Carolina and growing demand from major hyperscalers including Amazon, Meta and Google. The bank also sees additional growth from the Hanley acquisition and stronger demand for data-center infrastructure, and expects operating margin to rise to about 6% in fiscal 2027 from an estimated 5.8% in fiscal 2026. UBS raised its fiscal 2027 and 2028 revenue estimates by about 6% and EPS estimates by 6% and 10%, respectively, following supply-chain checks pointing to stronger demand, with Amazon and Meta expected to contribute roughly $1 billion each in incremental revenue and a third hyperscaler, believed to be Google, providing another growth tailwind later in fiscal 2027.

Jabil stock has delivered a 436.5% return over the past five years, yet valuation checks suggest the shares still trade at a discount to intrinsic value estimates. A Discounted Cash Flow model using last twelve month free cash flow of about $1.2 billion points to an estimated intrinsic value of about $515 per share, implying a roughly 38.8% discount to the current share price. On an earnings basis, Jabil trades at a P/E of about 38.3 times, below a fair P/E estimate of about 44.3 times that reflects the company's growth profile and profitability. Recent Q3 2026 results included higher guidance and new AI data center contracts expected to contribute from fiscal 2028, supporting the cash flow outlook. The key question for investors is whether the discount reflects genuine mispricing or a cushion for execution risk and cash flow uncertainty.

Jabil Inc. has opened a next-generation, AI-enabled 417,000-square-foot Intelligent Logistics Hub in Penang, Malaysia, and declared a quarterly dividend of US$0.08 per share for shareholders of record on August 14, 2026. The Penang facility features extensive automation, a digital twin platform, and a planned rooftop solar system, aiming to improve end-to-end material flow and handling of sensitive components while supporting higher-efficiency, lower-carbon logistics for complex electronics supply chains. The company also announced a new US$1,500 million share repurchase authorization, underscoring a focus on capital efficiency alongside operational optimization. These moves come as Jabil targets $53.9 billion in revenue and $2.0 billion in earnings by 2029, requiring 17.0% yearly revenue growth and a $1.1 billion earnings increase from $862.0 million today. Analysts note that while the hub is additive to efficiency, near-term risks from softer end-market demand and high automation costs could pressure margins and cash flow.

Jabil shares have dropped 17.4% since its last earnings report, underperforming the S&P 500. The company reported third-quarter fiscal 2026 core earnings of $3.16 per share, up 23.9% year over year and above the Zacks Consensus Estimate of $3.12, while net revenues rose 11.8% to $8.75 billion, exceeding the consensus of $8.63 billion. Intelligent Infrastructure revenue climbed 21% to roughly $4.2 billion, driven by AI-related cloud and data center demand, and management raised its fiscal 2026 outlook to approximately $35 billion in revenue, core operating margin of about 5.8%, and core diluted earnings per share of roughly $12.70. The company now expects AI-related revenue of approximately $13.6 billion in fiscal 2026, up from a prior forecast of $13.1 billion, and secured a third hyperscale customer during the quarter. Despite the strong results and upward estimate revisions, the stock has declined over the past month.

Jabil Inc. announced that its Board of Directors declared a quarterly dividend of $0.08 per share of common stock. The dividend is payable on September 2, 2026 to shareholders of record as of August 14, 2026. Jabil has paid consecutive quarterly cash dividends on its common shares since May 15, 2006.

Jabil Inc. has opened a next-generation Intelligent Logistics Hub in Penang, Malaysia. The facility spans approximately 417,000 square feet in the Valdor Industrial Park and leverages AI-enabled capabilities to streamline inventory management, enhance traceability, and deploy autonomous robots. It accommodates around 52,300 pallet positions and features a fully Automated Storage and Retrieval System, high-bay stacker cranes, and an integrated fleet of about 160 autonomous mobile robots. The hub was delivered by PTT Synergy Group Berhad through its subsidiary PROTT Sdn. Bhd. and supports end-to-end material flow including kitting, sequencing, and just-in-time delivery to production lines. Jabil, which first established a presence in Penang in 1995, now employs more than 14,000 people across eight Malaysian facilities.

Zacks Investment Research has identified Jabil Inc., CECO Environmental Corp., and Klarna Group plc as the three best earnings acceleration stocks to buy for the second half of 2026, based on a screen of accelerating quarter-over-quarter EPS growth rates. The screen required that the last two quarter-over-quarter percentage EPS growth rates exceed the previous periods' growth rates, and that the projected EPS growth rate for the upcoming quarter exceeds that of prior periods, narrowing a universe of roughly 7,735 stocks down to just three. Jabil, a global provider of engineering, manufacturing, and supply-chain solutions, carries a Zacks Rank #1 (Strong Buy) and an expected current-year earnings growth rate of 30.1%. CECO Environmental, which provides industrial air quality, water treatment, and energy transition solutions, also holds a Zacks Rank #1 and has an expected current-year earnings growth rate of 120.2%. Klarna Group, a digital bank and flexible payments provider, is rated Zacks Rank #1 with an expected current-year earnings growth rate of 105.1%.

Jabil has been upgraded to a Zacks Rank #1, or Strong Buy, reflecting an upward trend in earnings estimates. The Zacks Consensus Estimate for the company has increased 5.5% over the past three months, with analysts now expecting earnings of $9.39 per share for the fiscal year ending August 2025. The upgrade places Jabil in the top 5% of more than 4,000 Zacks-covered stocks, a group that has historically generated an average annual return of 25% since 1988. The improvement in earnings estimates signals an improving underlying business, which could translate into buying pressure and a higher stock price.

Jabil stock has surged 68% year-to-date, driven by explosive demand for AI servers, networking equipment, and data-center infrastructure. The electronics manufacturing services company reported third-quarter fiscal 2026 revenue of $8.8 billion, up 12% year-over-year, with core diluted EPS climbing 24% to $3.16. Its Intelligent Infrastructure segment, which includes AI-related hardware, generated $4.2 billion in revenue, a 21% increase, and is projected to reach $4.9 billion in the fourth quarter. Jabil now expects around $13.6 billion in AI-related revenue for fiscal 2026, a 50% jump over fiscal 2025. Analysts rate the stock a consensus Strong Buy with an average price target of $449.18, implying 17% upside.

The global electronics manufacturing services market is projected to grow from USD 648.51 billion in 2025 to USD 853.05 billion by 2030, at a compound annual growth rate of 5.6%. The automotive application segment is expected to record the second-highest CAGR during the forecast period, driven by vehicle electrification, adoption of advanced driver-assistance systems, and integration of connected technologies. Asia Pacific is projected to exhibit the highest regional CAGR, fueled by manufacturing relocations and investments in electronics production. Key players in the market include Flex Ltd., Hon Hai Precision Industry Co., Ltd., Jabil Inc., Pegatron Corporation, and Wistron Corporation.

StockStory identified Jabil as a profitable stock with solid fundamentals to watch, while recommending investors avoid Rapid7 and CONMED. Jabil, with a $33.59 billion revenue base and a 34.7% return on capital, has seen earnings per share growth outpace revenue due to share buybacks. Rapid7 faces flat billings and declining operating margins as costs rise faster than revenue. CONMED struggles with weak constant currency growth and flat projected sales, limiting its competitive position against larger peers.

StockStory identified three stocks that have delivered market-beating returns, driven by robust sales growth, expanding margins, and rising returns on capital. Hubbell posted a five-year return of 194%, supported by 10.2% annual sales growth and a 7.2 percentage point increase in free cash flow margin. Jabil achieved a 541% five-year return, with $33.59 billion in revenue and a return on invested capital of 34.7%. WisdomTree returned 183% over five years, with 22.5% annual revenue growth over the last two years and a 52% annual earnings per share growth rate over the same period.

Zacks Investment Research recommends three electronics manufacturing services stocks—Celestica, Jabil, and Sanmina—as buys for the second half of 2026, citing strong AI-driven demand. Celestica is expected to grow revenue 53.8% and earnings 67.9% this year, with its consensus earnings estimate rising 13.6% over the past 60 days. Jabil is projected to increase revenue 14.2% and earnings 27.7% for its fiscal year ending August 2026, while Sanmina is forecast to achieve revenue growth of 75.5% and earnings growth of 85.8% for its fiscal year ending September 2026. All three companies carry a Zacks Rank #2, or Buy, and have long-term growth rates well above the S&P 500's 17.6%.

StockStory identified Jabil, Motorola Solutions, and EQT as three large-cap stocks with attractive long-term potential. Jabil, with a market cap of $39.76 billion, reported $33.59 billion in revenue and an 18.4% annual earnings per share growth over five years, alongside a 34.7% return on capital. Motorola Solutions, valued at $68.12 billion, achieved 9.5% annual revenue growth over five years and a 19.2% free cash flow margin. EQT, the largest U.S. natural gas producer by daily volume with a $32.02 billion market cap, posted 15.4% annual revenue growth over ten years and expanded its EBITDA margin by 27 percentage points over five years.

Baird analyst Luke Junk raised the firm's price target on Jabil Inc. to $440 from $355 and maintained an Outperform rating on June 18, 2026. Goldman Sachs also raised its target to $482 from $384 with a Buy rating, citing a strong quarter and accelerating AI-related revenue growth. Jabil reported Q3 core EPS of $3.16 on revenue of $8.8 billion, both above consensus, and raised its fiscal 2026 outlook for revenue, margins, EPS, and free cash flow.

Jabil Inc. shares have surged 63.1% year-to-date, significantly outperforming the Nasdaq Composite's 14.1% gain. Over the past three months, the stock is up 43.8% versus the Nasdaq's 20% rise, and over 52 weeks it has rallied 81.7% compared to the Nasdaq's 35.7% return. The company, valued at a market cap of $39.2 billion, recently reported third-quarter revenue of $8.75 billion and adjusted earnings per share of $3.16, both exceeding analyst estimates. Despite the strong results, shares dipped marginally on June 17 and are trading 13.3% below their 52-week high of $428.93. Analysts remain highly optimistic with a consensus Strong Buy rating and a Street-high price target of $430, implying a 15.6% premium from current levels.

Jabil Inc. has expanded its manufacturing footprint in India by opening a new facility in Pune, Maharashtra. The company increased its manufacturing space from 500,000 to 1.2 million square feet and nearly doubled its workforce to 11,000 over the past year. Jabil also recently partnered with Adani Group to build an AI and data center infrastructure manufacturing platform. The expansion is supported by India's favorable policies, improving infrastructure, and skilled workforce, and a recent agreement with the Maharashtra government is expected to accelerate growth. Jabil currently carries a Zacks Rank of 3, or Hold.

Jabil has inaugurated a new advanced manufacturing facility in Pune, more than doubling its physical footprint in India from 500,000 square feet to 1.2 million square feet over the past year. The state-of-the-art plant will serve domestic technology demands and international export markets, specializing in complex technology infrastructure. To support the expanded footprint within the Maharashtra Industrial Development Corporation zone, Jabil has scaled its regional workforce from 5,000 to nearly 11,000 employees. The facility focuses on high-precision engineering and electronic components across high-growth verticals including AI-enabled cloud data center infrastructure, telecom, automotive, and digital commerce. The opening follows a recently signed Memorandum of Understanding with the State Government of Maharashtra and was formally inaugurated on June 16, 2026, with Maharashtra Chief Minister Devendra Fadnavis and Jabil COO Andrew Priestley in attendance.

Jabil reported third-quarter fiscal 2026 results that surpassed expectations, driven by robust AI infrastructure demand. Core earnings rose 23.9% to $3.16 per share, beating the Zacks Consensus Estimate of $3.12, while net revenues climbed 11.8% to $8.75 billion, exceeding the $8.63 billion consensus. The Intelligent Infrastructure segment, which accounted for 48% of total revenue, saw a 21% revenue increase to approximately $4.2 billion, with networking and communications revenue up more than 50%. Jabil raised its fiscal 2026 outlook, now expecting revenues of about $35 billion, core earnings per share of roughly $12.70, and AI-related revenue of approximately $13.6 billion, up from a prior forecast of $13.1 billion.

Jabil projects its core operating margin will exceed 6% in fiscal 2027, driven by sustained AI-related revenue growth. CEO Michael Meheryar Dastoor said AI-related revenue is expected to grow at a similar percentage rate in fiscal 2027 as in fiscal 2026, when it is now forecast to reach approximately $13.6 billion, up from a prior outlook of $13.1 billion and $9 billion in fiscal 2025. The company also raised its full-year adjusted free cash flow forecast to more than $1.4 billion and reported third-quarter revenue of approximately $8.8 billion with core operating margin of 5.8%. Jabil won a third hyperscale customer during the quarter and expects that relationship to contribute a couple of hundred million dollars in fiscal 2027 before ramping to $1 billion and beyond in fiscal 2028.

Netflix has denied reports that it is interested in acquiring Lionsgate, according to a spokesperson cited by The Wrap, causing Lionsgate shares to fall about 6% after a recent rally. AST SpaceMobile shares rose 4% after the company successfully launched three Bluebird satellites, numbers 8, 9, and 10, aboard a SpaceX Falcon 9 rocket, with plans to have 45 satellites in orbit by year-end. Jabil shares climbed 4.5% to a record high after the contract electronics maker raised its full-year guidance, with Baird analyst Luke Juk noting upside from connected living and digital commerce and calling the company a multifaceted enabler of key secular trends including AI.