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Investing.com - Stifel has reiterated a Buy rating and $245.00 price target on Jabil (NYSE:JBL), currently trading at $209.87 with a market capitalization of $22.5 billion, following a fireside chat with company executives at the 2025 Tech Executive Summit in Deer Valley, Utah. According to InvestingPro data, the stock has delivered an impressive 95% return over the past year.
The investment firm met with Matt Crowley, EVP of Intelligent Infrastructure, and Adam Berry, SVP of Investor Relations & Communications, where discussions centered on Jabil’s evolution from a traditional EMS provider to a diversified engineering and manufacturing partner.
Jabil’s strategic pivot toward AI infrastructure, alongside focuses on healthcare and automotive, is expected to generate $8.5 billion in AI-related revenue by FY25E, representing more than 29% of total revenue, according to Stifel.
The company is deepening relationships with Amazon and a second hyperscaler while scaling rack production, expanding into liquid cooling, and leveraging its acquisition of Intel’s transceiver business to support system-level networking.
Jabil is investing $500 million in a new North Carolina facility to support future 1MW rack deployments, offering investors exposure to secular AI trends while helping to moderate earnings volatility through geographic and vertical diversification.
In other recent news, Jabil Inc. has announced a new share repurchase program, authorizing up to $1 billion in common stock buybacks. This move reflects the company’s commitment to returning value to shareholders. Additionally, Jabil declared a quarterly dividend of $0.08 per share, continuing its long-standing tradition of consistent dividend payments since 2006. In partnership developments, Jabil has expanded its collaboration with Endeavour Energy LLC to deliver modular AI infrastructure, leveraging Endeavour’s data center design and Jabil’s manufacturing capabilities.
On the analyst front, Stifel has resumed coverage of Jabil with a Buy rating, emphasizing the company’s increasing involvement in AI infrastructure. Similarly, BofA Securities has raised its price target for Jabil to $245, citing strong fiscal third-quarter results and maintaining a Buy rating. These developments highlight Jabil’s growing presence in the AI market and its potential for future growth.
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