Jabil (JBL)

Last night, Jabil (JBL; $222.23; O/P) announced that its Board authorized another $1B of share repurchases, which compares to a current market cap of $24B and $25mm remaining as of the end of May on…

Yesterday (7/15), Jabil (JBL; $214.74; O/P) announced it is expanding on its existing relationship with Endeavour Energy, which develops and designs data center racks and related technologies for cloud service providers (CSPs). We note that…

Yesterday’s 10-Q filing from Jabil (JBL; $216.99; O/P), for its FQ3 ending May 31st, disclosed that the company signed a binding purchase agreement on June 2nd to acquire privately held Rebound Technologies, which is a…

We raise our target from $205 to $240 on the shares of Jabil (JBL; $196.20; O/P) as we increase our F2025/F2026E (Aug) from $8.95/$10.05 to $9.37/$10.75 after the company produced an especially healthy FQ3 (May)…

Jabil (JBL; $180.82; O/P) reported FQ3 (May) “core” non-GAAP EPS of $2.55, which handily beat our $2.27 and the Street’s $2.31 on sales of $7,828mm that were well above our $7,025mm and the Street’s $7,059mm….

We are raising our target from $180 to $205 and reiterate our Outperform on the shares of Jabil (JBL; $178.43) ahead of the company’s FQ3 (May) results and guidance, scheduled for Tuesday (6/17 before market). We…

Yesterday, we hosted an investor meeting for Jabil (JBL; $138.71; O/P) during the Optical Networking and Communications Conference (OFC) in San Francisco where we met with CFO Greg Hebard, Matt Crowley, EVP, Intelligent Infrastructure, as…

We reiterate our Outperform and $180 target on the shares of Jabil (JBL; $145.58; O/P) after the company produced a healthy “beat and raise” with its FQ2 (Feb) results that also seemed to fairly recognize…

Jabil (JBL; $139.48; O/P) reported FQ2 (Feb) “core” non-GAAP EPS of $1.94, which beat our $1.82 and the Street’s $1.83 on better-than-expected sales of $6,728mm (vs. our $6,425mm and the Street’s $6,408mm). Recall, JBL’s FQ2…

We expect FQ2 (Feb) results and guidance from Jabil (JBL; $133.35; O/P), scheduled for March 20th (before market), to at least support our full F2025E (Aug) and F2026E (Aug) EPS of $8.75 and $9.75 (vs….

This morning, Jabil (JBL; $141.53; O/P) announced plans to open a new manufacturing facility in Gujarat, India after signing a Memorandum of Understanding (MoU) with the Gujarat State Government of India in November. Importantly, this…

This morning, Jabil (JBL; $160.29; O/P) announced what we assume is a relatively small acquisition that we think can prove highly strategic for the company’s broadening outsourcing ambitions across healthcare markets (15-20% of sales). Specifically,…

We reiterate our Outperform on the shares of Jabil (JBL; $152.76) and bump up our price target from $175 to $180 after meeting with several of the company’s senior management team during the Consumer Electronics…

We bump up our F2025/F2026E (Aug) EPS for Jabil (JBL; $144.95; O/P) from $8.65/$9.60 to $8.75/$9.75 after the company produced a solid “beat and raise” on especially healthy free cash flows (FCF), which was led…

Jabil (JBL; $133.96; O/P) reported FQ1 (Nov) “core” non-GAAP EPS of $2.00, which beat our $1.87 and the Street’s $1.88 on sales of $6,994mm that were also ahead of our $6,600mm and the Street’s $6,608mm)….