Jabil (JBL) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
JBL is expanding its automotive footprint with EV electrification, ADAS, connectivity and high-performance computing solutions to support next-generation vehicle technologies.
I'm rating Jabil (JBL) a Strong Buy with a $446 price target, implying 49% upside potential. JBL's transformation toward higher-value engineering and manufacturing is fueling operating margin growth, with 2028 core EPS projected at $21.22. AI-related revenue is expected to reach $22.1B by 2027, supporting a 34% core EPS increase and a core operating margin of 6.5% by 2028.
Jabil expects AI revenues to surge 54% to $22.1 billion in fiscal 2027, fueling infrastructure growth and margin gains while raising execution challenges.
JBL's AI-driven growth, rising margins and strong earnings outlook bolster its investment case, but a premium to its historical valuation raises questions.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Jabil enters fiscal 2027 with strong momentum as AI infrastructure, healthcare and automation fuel growth after solid Q4 earnings and an upbeat outlook.
Jabil's Q4 results reinforced its compelling growth story, with AI infrastructure supporting accelerating revenue and earnings growth.
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Jabil (JBL) possesses solid growth attributes, which could help it handily outperform the market.
Jabil targets 24% revenue growth in fiscal 2027 as accelerating AI demand, added capacity and broader customer relationships support expansion.
Tepid market response or not, Jabil's NYSE: JBL recent double-beat earnings report was a buy signal, reinforcing the thesis that has driven shares thus far and strengthening the forward outlook.