Jabil (JBL) Stock Forecast & Price Target

Jabil Inc. anticipates a significant 42% year-over-year growth in its segment revenue for the upcoming F4Q, indicating robust demand across its service offerings. Furthermore, the company is poised for notable long-term revenue increases, particularly from its new facility aimed at AI infrastructure solutions, expected to contribute meaningfully starting in 2027 and accelerating further in 2028. Additionally, Jabil demonstrated improved operational efficiency, reporting a core operating margin of 5.4%, which reflects an uptick of approximately 20 basis points year-over-year and 40 basis points sequentially, supported by a strong operating income of $420 million for F3Q25.

Jabil Inc.'s Connected Living & Digital Commerce segment reported revenues of $1.3 billion, which, while slightly surpassing management's guidance, still represented a 7% year-over-year decline due to persistent softness in consumer demand, despite growth in retail and warehouse automation. Additionally, the company's revenue guidance remained flat year-over-year at $3.0 billion, indicating challenges in the electric vehicle and renewable energy markets, which hindered overall growth even as there was some positive momentum in the healthcare sector. Furthermore, while inventory metrics were in line with management's targets, the stagnant revenue performance and weakened demand in key segments contribute to a negative outlook on Jabil's stock.