Mar. 19 at 11:26 AM
$JBL Jabil price target raised to
$300 from
$260 at Raymond James
Raymond James raised the firm's price target on Jabil to
$300 from
$260 and keeps a Strong Buy rating on the shares. The Q2 results and guidance exceeded expectations, fueled by strong AI-driven demand and solid execution, with FY26 AI revenue raised by
$1B to
$13.1B and full-year growth now implied at about 14% year over year, the analyst tells investors in a research note. Strength across Intelligent Infrastructure, early cyclical recovery in Regulated Industries, and a higher-quality Digital Commerce mix reinforce confidence in sustained AI-led growth and margin expansion beyond FY26, the firm says.
