Jabil Inc. provides manufacturing services and solutions worldwide. The company operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. It offers electronics design, production, and product management services. The company provides 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). It also specializes in the three-dimensional mechanical design comprising the analysis of electronic, electro-mechanical, and optical assemblies, as well as offers various industrial design, advance mechanism development, and tooling management services. In addition, the company provides computer-assisted design services consisting of PCBA design, and PCBA design validation and verification services; and other consulting services, including the generation of a bill of materials, approved vendor list, and assembly equipment configuration for various PCBA designs. Further, it offers product and process validation services, such as product system, product safety, regulatory compliance, and reliability tests, as well as manufacturing test solution manufacturing development services. Additionally, the company offers systems assembly, test, direct-order fulfillment, and configure-to-order services. It serves automotive and transportation, capital equipment, cloud, computing and storage, defense and aerospace, industrial and energy, networking and telecommunications, print and retail, and smart home and appliances, as well as edge devices and accessories, healthcare, mobility, and packaging industries. The company was formerly known as Jabil Circuit, Inc. and changed its name to Jabil Inc. in June 2017. Jabil Inc. was founded in 1966 and is headquartered in Saint Petersburg, Florida.
IPO Year: 1993
Exchange: NYSE
Website: jabil.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/19/2024 | Buy → Hold | Argus | |
| 1/17/2024 | $153.00 → $151.00 | Overweight | Barclays |
| 9/7/2023 | $134.00 | Overweight | Barclays |
| 7/5/2023 | $110.00 | Overweight | JP Morgan |
| 12/13/2022 | $76.00 | Neutral | UBS |
| 8/17/2022 | $74.00 | Outperform | Credit Suisse |
| 12/17/2021 | $73.00 → $77.00 | Buy | B of A Securities |
| 12/17/2021 | $70.00 → $80.00 | Strong Buy | Raymond James |
| 12/10/2021 | $63.00 → $75.00 | Neutral → Buy | Goldman Sachs |
| 9/30/2021 | $63.00 → $68.00 | Hold → Buy | Stifel |
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Jabil Inc. (NYSE:JBL) announced that its Board of Directors declared a quarterly dividend of $0.08 per share of common stock to shareholders of record as of November 15, 2024. The dividend is payable on December 3, 2024. Jabil has paid consecutive quarterly cash dividends on its common shares since May 15, 2006. About Jabil: At Jabil (NYSE:JBL), we are proud to be a trusted partner for the world's top brands, offering comprehensive engineering, manufacturing, and supply chain solutions. With over 50 years of experience across industries and a vast network of over 100 sites worldwide, Jabil combines global reach with local expertise to deliver both scalable and customized solutions. Our c
Mikros Technologies' thermal management capabilities complement Jabil's existing data center solutions to enable the growth of AI infrastructure Jabil Inc. (NYSE:JBL), a global leader in design, manufacturing, and supply chain solutions, today announced the successful acquisition of Mikros Technologies LLC, a leader in the engineering and manufacturing of liquid cooling solutions for thermal management, completed October 1. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241003396998/en/Located in the hills of New Hampshire, Mikros Technologies has specialized in thermal management and precision jetting solutions for over 30 year
Company Announces New $1 Billion Share Repurchase Authorization, Provides Fiscal Year 2025 Outlook Today, Jabil Inc. (NYSE:JBL), reported preliminary, unaudited financial results for its fourth quarter and fiscal year ended August 31, 2024. "It's evident that Jabil has undergone a substantial transformation this fiscal year: a year during which we sold our Mobility business, saw growth in the AI datacenter sector, and faced challenges in multiple end-markets," said CEO Mike Dastoor. "Despite these changes, we delivered core margins of 5.5% and $8.49 of core diluted EPS in FY24, while generating more than $1 billion in adjusted free cash flow. Additionally, we returned $2.5 billion to shar
Jabil Inc. (NYSE:JBL), a manufacturing solutions company, today announced it will release its fourth quarter and fiscal year 2024 financials on Thursday, September 26, 2024, before the market opens. The company will host a conference call and webcast to review the fiscal year 2024 results and outline the strategic and financial priorities for fiscal year 2025. What: Jabil's Fourth Quarter and Fiscal Year 2024 Earnings Release and Investor Briefing Conference Call and Webcast When: Thursday, September 26, 2024 – 8:30 a.m. ET Dial-in: U.S. (877) 407-6184 or International (201) 389-0877 To access the live audio webcast and the accompanying slide presentation, visit the Investor Relations
Jabil Inc. (NYSE:JBL) announced that its Board of Directors declared a quarterly dividend of $0.08 per share of common stock to shareholders of record as of August 15, 2024. The dividend is payable on September 4, 2024. Jabil has paid consecutive quarterly cash dividends on its common shares since May 15, 2006. About Jabil: At Jabil (NYSE:JBL), we are proud to be a trusted partner for the world's top brands, offering comprehensive engineering, manufacturing, and supply chain solutions. With over 50 years of experience across industries and a vast network of over 100 sites worldwide, Jabil combines global reach with local expertise to deliver both scalable and customized solutions. Our
Today, Jabil Inc. (NYSE:JBL), reported preliminary, unaudited financial results for its third quarter of fiscal year 2024. "It's clear that Jabil has navigated a period of significant transformation this fiscal year: a year in which we divested our Mobility business, captured growth in the AI datacenter space, and experienced softness across multiple end-markets," said CEO Mike Dastoor. "Despite these moving pieces, we remain on track to deliver 5.6% in core margins and $8.40 of core diluted EPS in FY24, while generating more than $1 billion in adjusted free cash flow. At the same time, we've been working towards our commitment to repurchase $2.5 billion of our shares. And importantly, in
Jabil Inc. (NYSE:JBL), a manufacturing solutions company, today announced it will release its third quarter of fiscal year 2024 financials on Thursday, June 20, 2024, before the market opens. The company will host a conference call and webcast to review the results. What: Jabil's Third Quarter of Fiscal Year 2024 Conference Call and Webcast When: Thursday, June 20, 2024 – 8:30 a.m. ET Dial-in: U.S. (877) 407-6184 or International (201) 389-0877 To access the live audio webcast and the accompanying slide presentation, visit the Investor Relations section of Jabil's website, located at https://investors.jabil.com. An archived replay of the webcast will be available after completion
Jabil Inc. (NYSE:JBL) announced that its Board of Directors declared a quarterly dividend of $0.08 per share of common stock to shareholders of record as of May 15, 2024. The dividend is payable on June 4, 2024. Jabil has paid consecutive quarterly cash dividends on its common shares since May 15, 2006. About Jabil: At Jabil (NYSE:JBL), we are proud to be a trusted partner for the world's top brands, offering comprehensive engineering, manufacturing, and supply chain solutions. With over 50 years of experience across industries and a vast network of over 100 sites worldwide, Jabil combines global reach with local expertise to deliver both scalable and customized solutions. Our commitmen
Today, Jabil Inc. (NYSE:JBL), reported preliminary, unaudited financial results for its second quarter of fiscal year 2024. "Despite revenue headwinds this year, which are expected to be short-term, I'm pleased with the resiliency of our model and our team's demonstrated ability to execute," said CEO Kenny Wilson. "Even under these conditions, we expect to deliver strong core operating margins and free cash flow in FY24," he added. Second Quarter of Fiscal Year 2024 Highlights: Net revenue: $6.8 billion U.S. GAAP operating income: $1.1 billion U.S. GAAP diluted earnings per share: $7.31 Core operating income (Non-GAAP): $338 million Core diluted earnings per share (Non-GA
Jabil Inc. (NYSE:JBL), a manufacturing solutions company, today announced it will release its second quarter of fiscal year 2024 financials on Friday, March 15, 2024, before the market opens. The company will host a conference call and webcast to review the results. What: Jabil's Second Quarter of Fiscal Year 2024 Conference Call and Webcast When: Friday, March 15, 2024 – 8:30 a.m. ET Dial-in: U.S. (877) 407-6184 or International (201) 389-0877 To access the live audio webcast and the accompanying slide presentation, visit the Investor Relations section of Jabil's website, located at https://investors.jabil.com. An archived replay of the webcast will be available after completion
Argus downgraded Jabil from Buy to Hold
Barclays reiterated coverage of Jabil with a rating of Overweight and set a new price target of $151.00 from $153.00 previously
Barclays initiated coverage of Jabil with a rating of Overweight and set a new price target of $134.00
JP Morgan resumed coverage of Jabil with a rating of Overweight and set a new price target of $110.00
UBS initiated coverage of Jabil with a rating of Neutral and set a new price target of $76.00
Credit Suisse initiated coverage of Jabil with a rating of Outperform and set a new price target of $74.00
B of A Securities reiterated coverage of Jabil with a rating of Buy and set a new price target of $77.00 from $73.00 previously
Raymond James reiterated coverage of Jabil with a rating of Strong Buy and set a new price target of $80.00 from $70.00 previously
Goldman Sachs upgraded Jabil from Neutral to Buy and set a new price target of $75.00 from $63.00 previously
Stifel upgraded Jabil from Hold to Buy and set a new price target of $68.00 from $63.00 previously
Jabil Inc. (NYSE:JBL) announced that its Board of Directors declared a quarterly dividend of $0.08 per share of common stock to shareholders of record as of November 15, 2024. The dividend is payable on December 3, 2024. Jabil has paid consecutive quarterly cash dividends on its common shares since May 15, 2006. About Jabil: At Jabil (NYSE:JBL), we are proud to be a trusted partner for the world's top brands, offering comprehensive engineering, manufacturing, and supply chain solutions. With over 50 years of experience across industries and a vast network of over 100 sites worldwide, Jabil combines global reach with local expertise to deliver both scalable and customized solutions. Our c
Collaboration Showcased at the 2024 OCP Global Summit to Deliver AMD and Intel-Based Server Platforms for Enhanced Cloud Security SAN JOSE, Calif. and ST. PETERSBURG, Fla., Oct. 14, 2024 /PRNewswire/ -- 2024 OCP Global Summit – Axiado Corporation, a leading AI-driven, hardware-anchored platform security solutions company and Jabil Inc. (NYSE:JBL), a global manufacturing solutions provider, today announced their collaboration to develop AI-driven cybersecurity and Open Compute Project (OCP) compliant server solutions. The joint solutions, to be demonstrated during the 2024 OCP Global Summit in San Jose, will offer data centers and cloud service providers with scalable, secure, and customizabl
Mikros Technologies' thermal management capabilities complement Jabil's existing data center solutions to enable the growth of AI infrastructure Jabil Inc. (NYSE:JBL), a global leader in design, manufacturing, and supply chain solutions, today announced the successful acquisition of Mikros Technologies LLC, a leader in the engineering and manufacturing of liquid cooling solutions for thermal management, completed October 1. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241003396998/en/Located in the hills of New Hampshire, Mikros Technologies has specialized in thermal management and precision jetting solutions for over 30 year
Company Announces New $1 Billion Share Repurchase Authorization, Provides Fiscal Year 2025 Outlook Today, Jabil Inc. (NYSE:JBL), reported preliminary, unaudited financial results for its fourth quarter and fiscal year ended August 31, 2024. "It's evident that Jabil has undergone a substantial transformation this fiscal year: a year during which we sold our Mobility business, saw growth in the AI datacenter sector, and faced challenges in multiple end-markets," said CEO Mike Dastoor. "Despite these changes, we delivered core margins of 5.5% and $8.49 of core diluted EPS in FY24, while generating more than $1 billion in adjusted free cash flow. Additionally, we returned $2.5 billion to shar
Jabil Inc. (NYSE:JBL), a manufacturing solutions company, today announced it will release its fourth quarter and fiscal year 2024 financials on Thursday, September 26, 2024, before the market opens. The company will host a conference call and webcast to review the fiscal year 2024 results and outline the strategic and financial priorities for fiscal year 2025. What: Jabil's Fourth Quarter and Fiscal Year 2024 Earnings Release and Investor Briefing Conference Call and Webcast When: Thursday, September 26, 2024 – 8:30 a.m. ET Dial-in: U.S. (877) 407-6184 or International (201) 389-0877 To access the live audio webcast and the accompanying slide presentation, visit the Investor Relations
Jabil Inc. (NYSE:JBL) announced that its Board of Directors declared a quarterly dividend of $0.08 per share of common stock to shareholders of record as of August 15, 2024. The dividend is payable on September 4, 2024. Jabil has paid consecutive quarterly cash dividends on its common shares since May 15, 2006. About Jabil: At Jabil (NYSE:JBL), we are proud to be a trusted partner for the world's top brands, offering comprehensive engineering, manufacturing, and supply chain solutions. With over 50 years of experience across industries and a vast network of over 100 sites worldwide, Jabil combines global reach with local expertise to deliver both scalable and customized solutions. Our
Today, Jabil Inc. (NYSE:JBL), reported preliminary, unaudited financial results for its third quarter of fiscal year 2024. "It's clear that Jabil has navigated a period of significant transformation this fiscal year: a year in which we divested our Mobility business, captured growth in the AI datacenter space, and experienced softness across multiple end-markets," said CEO Mike Dastoor. "Despite these moving pieces, we remain on track to deliver 5.6% in core margins and $8.40 of core diluted EPS in FY24, while generating more than $1 billion in adjusted free cash flow. At the same time, we've been working towards our commitment to repurchase $2.5 billion of our shares. And importantly, in
Fabrinet (NYSE:FN), a leading provider of advanced optical packaging and precision optical, electro-mechanical and electronic manufacturing services to original equipment manufacturers of complex products, today announced that Forbes Alexander has been appointed to the Company's Board of Directors, expanding the Board to eight members. Mr. Alexander will also serve as a member of the Board's Audit Committee. Mr. Alexander is an accomplished leader who brings extensive executive experience and financial knowledge to the Board. Mr. Alexander has served as a founding partner of Steadfast Partners LLP, an industrial technology advisory group, since January 2020. Mr. Alexander served as Execut
Jabil Inc. (NYSE:JBL), a manufacturing solutions company, today announced it will release its third quarter of fiscal year 2024 financials on Thursday, June 20, 2024, before the market opens. The company will host a conference call and webcast to review the results. What: Jabil's Third Quarter of Fiscal Year 2024 Conference Call and Webcast When: Thursday, June 20, 2024 – 8:30 a.m. ET Dial-in: U.S. (877) 407-6184 or International (201) 389-0877 To access the live audio webcast and the accompanying slide presentation, visit the Investor Relations section of Jabil's website, located at https://investors.jabil.com. An archived replay of the webcast will be available after completion
Withdraws Fiscal Year 2025 Outlook Jabil Inc. (NYSE:JBL) today announced it is confirming its previously provided third quarter of fiscal year 2024 guidance for net revenue of $6.2 billion to $6.8 billion, U.S. GAAP operating income of $221 million to $301 million, U.S. GAAP diluted earnings per share of $0.82 to $1.38, core operating income of $325 million to $385 million, and core diluted earnings per share of $1.65 to $2.05. A reconciliation of U.S. GAAP to non-GAAP measures can be found on Form-8K filed on March 15, 2024. "I'm pleased with how our team has executed this quarter under very dynamic market conditions. FY24 has been a year of change for Jabil, as we divested our Mobilit
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Fabrinet (NYSE:FN), a leading provider of advanced optical packaging and precision optical, electro-mechanical and electronic manufacturing services to original equipment manufacturers of complex products, today announced that Forbes Alexander has been appointed to the Company's Board of Directors, expanding the Board to eight members. Mr. Alexander will also serve as a member of the Board's Audit Committee. Mr. Alexander is an accomplished leader who brings extensive executive experience and financial knowledge to the Board. Mr. Alexander has served as a founding partner of Steadfast Partners LLP, an industrial technology advisory group, since January 2020. Mr. Alexander served as Execut
When show attendees visit Booth 4375 at NRF'24 and take a photo with Marty, 10 meals will be donated to the Stop & Shop School Food Pantry Program Badger Technologies, a product division of Jabil and pioneer in retail robotics, is joining forces with grocery retail chain Stop & Shop to increase support for Stop & Shop's "Feed it Forward" charitable giving initiatives while reinforcing the positive impact Marty the Robot has made on customers and communities. Stop & Shop is an Ahold Delhaize USA company with nearly 400 stores across the Northeast. Marty's presence in a large majority of Stop & Shop stores strengthens operational efficiencies and helps Stop & Shop serve those in need. This
NEW YORK, Dec. 1, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 18, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from t
Calix and its strategic manufacturing solutions provider, Jabil, join with government leaders, including US Assistant Secretary of Commerce Alan Davidson and Michigan Lieutenant Governor Garlin Gilchrist, to unveil the details of its strategy to meet Build America, Buy America (BABA) requirements by manufacturing critical broadband hardware systems from the unique US-built Calix software and cloud platform at Jabil's facility in Auburn Hills, Michigan Calix, Inc. (NYSE:CALX) today affirmed its commitment to "Build America, Buy America" (BABA) for the Broadband Equity, Access, and Deployment (BEAD) program during a special event held at a manufacturing facility in Auburn Hills, Michigan, o
Today, Jabil Inc. (NYSE:JBL), announced that its Board of Directors has appointed CEO Mark Mondello as Chairman of the Board effective November 1, 2021, in a planned transition from present Chairman, Timothy L. Main. Mr. Main will permanently retire from the board on that date. Mr. Main joined the company in 1987 as a Production Control Manager. He became President in 1999 and served as CEO and President from 2000 until February of 2013. Main has served as Chairman since 2013. "I am delighted to see Mark continue his leadership as Chairman and would like to thank the many Jabil people, past and present, who helped me along the way and made Jabil such a great company to be a part of." Duri
Columbus McKinnon Corporation (NASDAQ:CMCO) (the "Company" or "Columbus McKinnon"), a leading designer and manufacturer of intelligent motion solutions for material handling, today announced the election of Michael Dastoor, Executive Vice President and Chief Financial Officer of Jabil Inc. (NYSE:JBL), to its Board of Directors, effective May 17, 2021. The addition of Mr. Dastoor as an independent director, brings Columbus McKinnon's Board to nine directors of which eight are independent and two are women. During the last four years, the Board has substantially increased its geographic, experience, skills, age, gender and ethnic diversity. Mr. Dastoor will serve on the Audit Committee and th
WNS (Holdings) Limited (NYSE:WNS), a leading provider of global Business Process Management (BPM) solutions, today announced the appointment of Timothy L. Main to the company's Board of Directors effective June 1, 2021. Tim has spent his entire career in a B2B services/outsourcing environment, including more than 25 years with Jabil, Inc. (NYSE:JBL), a leading provider of manufacturing services with a global operational footprint. At Jabil, Tim worked his way from a Production Control Manager position to eventually serve as President, Chief Executive Officer, and Chairman of the Board. During his 13-year tenure as Chief Executive Officer of Jabil, he led the company's transformation and gro
The Biden administration’s escalating restrictions on China’s access to high-end semiconductors and technology, along with the potential for higher tariffs under future administrations, have stirred significant concern among investors. However, amid the broad headwinds facing many companies, JPMorgan analyst Samik Chatterjee has identified a select group of tech stocks that could stand to benefit from these geopolitical tensions. 1. Flex Ltd (NASDAQ:FLEX) Flex is strategically positioned to benefit from the changing geopolitical landscape, Chatterjee notes. With heightened restrictions on China, Flex’s extensive manufacturing capabilities outside China become increasingly valuab
These ten large-cap stocks were the worst performers in the last week. Are they in your portfolio? GameStop Corp (NYSE:GME) shares lost 18.61% in the last week following its annual shareholder meeting, where CEO Ryan Cohen emphasized a strategic pivot towards profitability through cost reduction. Enphase Energy, Inc. (NASDAQ:ENPH) shares declined 17.60% after JP Morgan maintained an Overweight rating on the stock but lowered its price target from $128 to $124. Albemarle Corporation (NYSE:ALB) stock decreased 11.53%. BioNTech SE (NASDAQ:BNTX) stock fell 10.49% in the last week after the FDA placed a clinical hold on partner Medilink Therapeutics’ Phase 1 trial of BNT326/YL202.
In the preceding three months, 5 analysts have released ratings for Jabil (NYSE:JBL), presenting a wide array of perspectives from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 3 1 0 0 Last 30D 1 2 1 0 0 1M Ago 0 1 0 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 0 0 0 The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $134.4, a high estimate of $145.00, and a low estimate of $120.00. Observing a downward trend, the curr
B of A Securities analyst Ruplu Bhattacharya maintains Jabil (NYSE:JBL) with a Buy and lowers the price target from $150 to $135.
Barclays analyst George Wang maintains Jabil (NYSE:JBL) with a Overweight and lowers the price target from $149 to $135.
Jabil Inc. (NYSE:JBL) posted better-than-expected third-quarter results on Thursday. Jabil reported third-quarter fiscal 2024 revenue of $6.77 billion, down by 20.2% year-on-year, beating the analyst consensus estimate of $6.53 billion. The print manufacturing company’s adjusted EPS of $1.89 beat the analyst consensus of $1.85, according to data from Benzinga Pro. "It's clear that Jabil has navigated a period of significant transformation this fiscal year: a year in which we divested our Mobility business, captured growth in the AI datacenter space, and experienced softness across multiple end-markets," said CEO Mike Dastoor. Jabil said it expects fourth-quarter revenue of $6.3 bill
JP Morgan analyst Samik Chatterjee maintains Jabil (NYSE:JBL) with a Overweight and lowers the price target from $145 to $137.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Wells Fargo cut the price target for Zoom Video Communications, Inc. (NASDAQ:ZM) from $60 to $55. Wells Fargo analyst Phil Winslow maintained an Underweight rating. Zoom Video shares gained 3.7% to close at $58.31 on Thursday. See how other analysts view this stock. BMO Capital slashed the price target for Winnebago Industries, Inc. (NYSE:WGO) from $80 to $75. BMO Capital analyst Tristan Thomas-Martin maintained an Outperform rating. Winnebago shares fell 3.5% to close at $54.69 on Thursday. See ho
UBS analyst David Vogt maintains Jabil (NYSE:JBL) with a Neutral and lowers the price target from $130 to $120.
After the Juneteenth holiday break, Wall Street reopened with a cautious tone, as the S&P 500 and Nasdaq 100 indices declined after hitting all-time highs around midday trading in New York. This decline was driven by profit-taking in chipmaker stocks and rising Treasury yields, which dampened risk sentiment. The iShares Semiconductor ETF (NASDAQ:SOXX) fell by 2.4%, marking its worst session since May 1, after reaching technically “overbought” levels earlier in the week. Oil prices surged above $81 a barrel, aiming for the highest close since late April. This was spurred by larger-than-expected drops in U.S. inventories last week, fueling a rally in oil-related companies. Small caps