Stocks
JBL Stock Climbs on Strong Earnings Guidance and AI Demand
Jabil Inc.'s (JBL) stock has surged by 5.65% after the company provided strong earnings guidance, signaling robust future growth.
The positive outlook is driven by AI and datacenter demand, as well as digital commerce and robotics growth, which are expected to drive higher-margin expansion in FY27.
Goldman Sachs cut its price target on JBL from $482 to $375 but maintained a 'Buy' rating, citing the strong Q4 setup.
The upcoming Q4 and full fiscal-year 2026 earnings release, along with an investor briefing, is expected to detail the company's 2027 strategic and financial priorities.