Jabil (NYSE:JBL) Price Target Raised to $304.00 at Barclays

Jabil (NYSE:JBL) had its price target boosted by Barclays from $283.00 to $304.00 in a research note published on Wednesday,Benzinga reports. The firm currently has an overweight rating on the technology company’s stock.

A number of other equities research analysts also recently issued reports on JBL. Zacks Research downgraded shares of Jabil from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 16th. Bank of America set a $265.00 price target on Jabil in a research report on Thursday, December 18th. Wall Street Zen downgraded Jabil from a “strong-buy” rating to a “buy” rating in a research note on Monday, February 23rd. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Jabil in a research report on Thursday, December 18th. Finally, JPMorgan Chase & Co. boosted their price objective on Jabil from $270.00 to $300.00 and gave the company an “overweight” rating in a research note on Thursday, March 12th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Jabil currently has an average rating of “Moderate Buy” and an average target price of $273.13.

Jabil Trading Down 1.6%

Shares of NYSE:JBL opened at $258.18 on Wednesday. The stock has a market capitalization of $27.26 billion, a price-to-earnings ratio of 40.15, a PEG ratio of 1.67 and a beta of 1.22. The company has a debt-to-equity ratio of 1.77, a quick ratio of 0.67 and a current ratio of 0.99. The stock’s 50-day simple moving average is $251.59 and its two-hundred day simple moving average is $227.60. Jabil has a 52-week low of $108.66 and a 52-week high of $281.37.

Jabil (NYSE:JBL) last released its quarterly earnings results on Wednesday, March 18th. The technology company reported $2.69 EPS for the quarter, beating the consensus estimate of $2.51 by $0.18. Jabil had a net margin of 2.26% and a return on equity of 75.96%. The firm had revenue of $8.28 billion during the quarter, compared to analyst estimates of $7.75 billion. During the same quarter in the prior year, the firm earned $1.94 EPS. The business’s revenue for the quarter was up 23.1% compared to the same quarter last year. Analysts expect that Jabil will post 8.05 EPS for the current year.

Jabil Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 3rd. Investors of record on Tuesday, February 17th were given a $0.08 dividend. The ex-dividend date was Tuesday, February 17th. This represents a $0.32 annualized dividend and a yield of 0.1%. Jabil’s dividend payout ratio (DPR) is currently 4.98%.

Insider Activity at Jabil

In other news, SVP Adam E. Berry sold 1,596 shares of the firm’s stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $253.20, for a total value of $404,107.20. Following the completion of the sale, the senior vice president directly owned 18,920 shares of the company’s stock, valued at $4,790,544. This trade represents a 7.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Chairman Mark T. Mondello sold 17,200 shares of Jabil stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $250.00, for a total value of $4,300,000.00. Following the completion of the transaction, the chairman owned 1,111,459 shares of the company’s stock, valued at approximately $277,864,750. This trade represents a 1.52% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 161,529 shares of company stock valued at $37,901,485 over the last ninety days. 1.35% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Jabil

Several hedge funds have recently added to or reduced their stakes in JBL. JPMorgan Chase & Co. grew its holdings in shares of Jabil by 5.9% during the second quarter. JPMorgan Chase & Co. now owns 2,302,307 shares of the technology company’s stock valued at $502,133,000 after buying an additional 129,212 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in Jabil by 33.2% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 26,441 shares of the technology company’s stock worth $5,742,000 after acquiring an additional 6,594 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in Jabil by 9.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 311,883 shares of the technology company’s stock worth $67,732,000 after acquiring an additional 25,932 shares during the period. Winnow Wealth LLC purchased a new stake in Jabil during the 3rd quarter valued at about $1,077,000. Finally, Westfield Capital Management Co. LP acquired a new position in shares of Jabil in the third quarter valued at about $57,799,000. 93.39% of the stock is currently owned by institutional investors.

Key Stories Impacting Jabil

Here are the key news stories impacting Jabil this week:

• Positive Sentiment: Jabil reported a strong fiscal Q2 with revenue up ~23% to ~$8.28B and adjusted EPS of $2.69, topping estimates; management raised full‑year revenue and EPS guidance (FY revenue to $34B, EPS to $12.25), supporting a growth thesis tied to AI/data‑center demand. Reuters: Electronics firm Jabil raises annual forecasts
• Positive Sentiment: Jabil’s Intelligent Infrastructure segment surged (~52% YoY), driven by AI/data‑center and networking demand — a structural revenue driver that boosts margin leverage and future cash flow potential. Seeking Alpha: Mr. Market Refused To Reward Jabil
• Positive Sentiment: Street support: Barclays raised its price target to $304 and moved to “overweight,” pointing to further upside; other outlets and analysts have been increasing coverage/targets after the quarter. Benzinga: Barclays raises price target
• Neutral Sentiment: Multiple outlets (Zacks, Yahoo, Barron’s) reaffirm the beat-and-raise story and published earnings/transcript coverage — useful for confirming management commentary and the drivers behind the guide. Zacks: Q2 Earnings Beat
• Negative Sentiment: Market reaction: some headlines note Jabil “slumped” after the release — suggesting profit‑taking and that investors expected an even bigger beat/guide or were disappointed by other details on the call. MSN: Jabil slumps despite Q2 beat
• Negative Sentiment: Capital allocation concerns: MarketBeat and others call attention to aggressive buybacks (large share reductions), which can be supportive of EPS but raise questions about cash use and long‑term equity impacts; plus Jabil’s liquidity/leverage metrics (current ratio ~0.99, quick ratio ~0.67, debt/equity ~1.77) suggest tighter balance‑sheet flexibility. MarketBeat: Company overview & metrics

About Jabil

Jabil Inc (NYSE: JBL) is a global manufacturing solutions provider specializing in electronic manufacturing services (EMS) and diversified products across a wide range of industries. The company partners with original equipment manufacturers to deliver design engineering, supply chain management, precision manufacturing, and aftermarket services. Jabil’s expertise spans sectors such as healthcare, automotive, clean technology, telecommunications, consumer electronics, and packaging, enabling it to support both high-volume production and complex, mission-critical applications.

Founded in 1966 by William E.