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Investing.com - Jabil (NYSE:JBL), a prominent player in the Electronic Equipment, Instruments & Components industry with a market cap of $23.2 billion, received a reiterated Neutral rating and $230.00 price target from UBS on Friday, despite reporting better-than-expected quarterly results. The company has demonstrated impressive momentum, with its stock surging over 66% in the past year.
The manufacturing services company reported revenue of $8.3 billion, exceeding UBS’s estimate of $7.6 billion and surpassing the company’s own guidance range of $7.1 billion to $7.8 billion.
Core income reached $519 million, compared to UBS’s estimate of $469 million and the guided range of $428 million to $488 million, resulting in earnings per share of $3.29 versus the estimated $2.95.
Despite the strong quarterly performance, UBS noted that Jabil’s initial fiscal year 2026 guidance came in below investor expectations, which could put pressure on the stock.
UBS maintained its Neutral stance on Jabil shares with a $230.00 price target, suggesting limited upside potential despite the earnings beat.
In other recent news, Jabil reported its fiscal fourth-quarter 2025 earnings, which surpassed analyst expectations. The company achieved revenue of $8.3 billion, exceeding the consensus estimate of $7.6 billion. Additionally, Jabil’s adjusted earnings per share were $3.29, outperforming the forecast of $2.92. The adjusted operating margin was reported at 6.3%, slightly above the expected 6.1%. Despite these strong financial results, Jabil’s stock experienced a decline in pre-market trading, attributed to investor concerns over broader market conditions. Stifel reiterated its Buy rating for Jabil, maintaining a price target of $245.00, citing the company’s strength in AI infrastructure. These developments highlight Jabil’s solid performance and the continued confidence from analysts like those at Stifel.
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