Jabil (NYSE:JBL) Price Target Raised to $270.00

Jabil (NYSE:JBL) had its price objective increased by JPMorgan Chase & Co. from $260.00 to $270.00 in a research note issued on Thursday,Benzinga reports. The brokerage presently has an “overweight” rating on the technology company’s stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 26.45% from the stock’s previous close.

Several other research analysts have also weighed in on the company. Raymond James Financial set a $260.00 target price on Jabil in a research report on Thursday, September 25th. Wall Street Zen raised Jabil from a “buy” rating to a “strong-buy” rating in a report on Friday, October 3rd. Weiss Ratings restated a “hold (c)” rating on shares of Jabil in a report on Tuesday, October 14th. Barclays upped their target price on Jabil from $267.00 to $283.00 and gave the company an “overweight” rating in a research note on Thursday. Finally, UBS Group raised their price target on shares of Jabil from $239.00 to $244.00 and gave the stock a “neutral” rating in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $261.29.

Jabil Price Performance

Shares of JBL traded down $2.78 during trading hours on Thursday, hitting $213.52. 731,736 shares of the company were exchanged, compared to its average volume of 1,400,669. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.00 and a quick ratio of 0.66. Jabil has a one year low of $108.66 and a one year high of $237.14. The company has a market capitalization of $22.81 billion, a PE ratio of 36.09, a PEG ratio of 1.51 and a beta of 1.26. The firm has a fifty day simple moving average of $210.87 and a 200-day simple moving average of $211.05.

Jabil (NYSE:JBL) last released its quarterly earnings results on Wednesday, December 17th. The technology company reported $2.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.70 by $0.15. The business had revenue of $8.31 billion for the quarter, compared to analyst estimates of $8.07 billion. Jabil had a net margin of 2.20% and a return on equity of 68.63%. The firm’s revenue was up 18.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.00 earnings per share. Jabil has set its FY 2026 guidance at 11.550-11.550 EPS and its Q2 2026 guidance at 2.270-2.670 EPS. As a group, sell-side analysts predict that Jabil will post 8.05 earnings per share for the current year.

Insiders Place Their Bets

In related news, CFO Gregory B. Hebard sold 6,086 shares of Jabil stock in a transaction that occurred on Tuesday, October 28th. The shares were sold at an average price of $213.54, for a total transaction of $1,299,604.44. Following the transaction, the chief financial officer owned 58,526 shares of the company’s stock, valued at $12,497,642.04. This trade represents a 9.42% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP May Yee Yap sold 8,858 shares of the company’s stock in a transaction that occurred on Friday, October 31st. The shares were sold at an average price of $225.03, for a total transaction of $1,993,315.74. Following the completion of the sale, the senior vice president directly owned 25,421 shares of the company’s stock, valued at $5,720,487.63. The trade was a 25.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 131,762 shares of company stock valued at $28,129,921 in the last ninety days. 1.73% of the stock is currently owned by insiders.

Institutional Trading of Jabil

Several hedge funds have recently bought and sold shares of the stock. GFG Capital LLC acquired a new stake in Jabil in the 2nd quarter valued at $26,000. First Horizon Corp bought a new position in shares of Jabil in the 3rd quarter valued at about $30,000. True Wealth Design LLC grew its holdings in shares of Jabil by 250.0% in the 3rd quarter. True Wealth Design LLC now owns 140 shares of the technology company’s stock valued at $30,000 after acquiring an additional 100 shares in the last quarter. Traub Capital Management LLC acquired a new stake in shares of Jabil in the second quarter valued at about $33,000. Finally, Assetmark Inc. raised its holdings in Jabil by 45.8% during the second quarter. Assetmark Inc. now owns 156 shares of the technology company’s stock worth $34,000 after acquiring an additional 49 shares in the last quarter. 93.39% of the stock is currently owned by institutional investors and hedge funds.

Jabil Company Profile

Jabil Inc provides manufacturing services and solutions worldwide. It operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. The company offers electronics design, production, and product management services; electronic circuit design services, such as application-specific integrated circuit design, firmware development, and rapid prototyping services; and designs plastic and metal enclosures that include the electro-mechanics, such as the printed circuit board assemblies (PCBA).