Jabil (JBL) Stock Forecast, Price Target & Predictions


OverviewRevenueOwnershipFinancialsChartTranscripts

JBL Stock Forecast


Jabil stock forecast is as follows: an average price target of $145.00 (represents a -9.93% downside from JBL’s last price of $160.98) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.

JBL Price Target


The average price target for Jabil (JBL) is $145.00 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $150.00 to $140.00. This represents a potential -9.93% downside from JBL's last price of $160.98.

JBL Analyst Ratings


Buy

According to 8 Wall Street analysts, Jabil's rating consensus is 'Buy'. The analyst rating breakdown for JBL stock is 1 'Strong Buy' (12.50%), 6 'Buy' (75.00%), 1 'Hold' (12.50%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Jabil Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 27, 2024Matthew SheerinStifel Nicolaus$140.00$126.6510.54%-13.03%
Sep 27, 2024Ruplu BhattacharyaBank of America Securities$150.00$122.3422.61%-6.82%
Sep 20, 2024Ruplu BhattacharyaBank of America Securities$135.00$112.4320.07%-16.14%
Jun 21, 2024David VogtUBS$137.00$114.5219.63%-14.90%
Jun 20, 2024Mark DelaneyGoldman Sachs$132.00$111.7918.08%-18.00%
Jun 17, 2024Mark DelaneyGoldman Sachs$161.00$123.7630.09%0.01%
May 21, 2024Mark DelaneyGoldman Sachs$143.00$117.7921.40%-11.17%
May 20, 2024Steven MilunovichWolfe Research$140.00$122.1814.59%-13.03%
Sep 29, 2023Matthew SheerinStifel Nicolaus$135.00$127.006.30%-16.14%
Dec 13, 2022UBS$76.00$72.055.48%-52.79%
Jun 07, 2022Mark DelaneyGoldman Sachs$69.00$62.2410.86%-57.14%
Mar 18, 2022Jim SuvaCitigroup$90.00$62.6943.56%-44.09%

The latest Jabil stock forecast, released on Sep 27, 2024 by Matthew Sheerin from Stifel Nicolaus, set a price target of $140.00, which represents a 10.54% increase from the stock price at the time of the forecast ($126.65), and a -13.03% decrease from JBL last price ($160.98).

Jabil Price Target by Period


1M3M12M
# Anlaysts--8
Avg Price Target--$142.25
Last Closing Price$160.98$160.98$160.98
Upside/Downside-100.00%-100.00%-11.63%

In the current month, the average price target of Jabil stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Jabil's last price of $160.98. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Dec 19, 2024BarclaysOverweightOverweightHold
Dec 11, 2024Goldman SachsBuyBuyHold
Sep 25, 2024BarclaysOverweightOverweightHold
Sep 25, 2024UBSNeutralNeutralHold
Sep 20, 2024Bank of America SecuritiesBuyBuyHold
Jun 21, 2024UBSNeutralNeutralHold
Jun 17, 2024BarclaysOverweightOverweightHold
Jun 17, 2024Goldman SachsBuyBuyHold
May 21, 2024Goldman SachsBuyBuyHold
May 20, 2024Wolfe ResearchOutperformOutperformHold
Dec 18, 2023CFRABuyUpgrade
Sep 29, 2023BarclaysBuyBuyHold
Jun 16, 2023Raymond JamesStrong BuyStrong BuyHold
Jun 16, 2023Credit SuisseOutperformOutperformHold
Mar 14, 2023Raymond JamesStrong BuyStrong BuyHold
Dec 13, 2022UBSNeutralInitialise
Sep 28, 2022Raymond JamesStrong BuyStrong BuyHold
Jun 07, 2022Goldman SachsBuyBuyHold
Dec 12, 2021Goldman SachsBuyUpgrade

Jabil's last stock rating was published by Barclays on Dec 19, 2024. The company gave JBL a "Overweight" rating, the same as its previous rate.

Jabil Financial Forecast


Jabil Revenue Forecast

Aug 27May 27Mar 27Nov 26Aug 26May 26Mar 26Nov 25Aug 25May 25Mar 25Nov 24Aug 24May 24Mar 24Nov 23Aug 23May 23Mar 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20
Revenue---------------$8.39B$8.46B$8.47B-$9.63B$9.03B$8.33B$7.55B$8.57B$7.41B$7.21B$6.83B$7.83B$7.30B$6.34B
Avg Forecast$7.65B$7.07B$6.72B$7.34B$7.38B$7.06B$6.79B$7.23B$7.17B$6.75B$6.41B$6.61B$6.59B$6.53B$6.89B$8.35B$8.54B$8.20B$8.09B$8.19B$8.39B$8.22B$7.41B$8.29B$7.67B$6.95B$6.57B$7.03B$6.29B$5.55B
High Forecast$7.66B$7.08B$6.73B$7.35B$7.39B$7.07B$6.80B$7.24B$7.18B$6.76B$6.42B$6.62B$6.62B$6.53B$6.93B$8.36B$8.55B$8.21B$8.10B$9.83B$8.52B$8.35B$7.53B$8.42B$7.80B$7.06B$6.67B$7.15B$6.39B$5.64B
Low Forecast$7.64B$7.06B$6.71B$7.33B$7.38B$7.05B$6.79B$7.22B$7.16B$6.75B$6.40B$6.60B$6.56B$6.53B$6.85B$8.34B$8.53B$8.19B$8.08B$6.55B$8.26B$8.10B$7.30B$8.16B$7.56B$6.84B$6.47B$6.93B$6.19B$5.46B
# Analysts11222211113424454431811222231389
Surprise %---------------1.00%0.99%1.03%-1.18%1.08%1.01%1.02%1.03%0.97%1.04%1.04%1.11%1.16%1.14%

Jabil's average Quarter revenue forecast for Mar 24 based on 4 analysts is $6.89B, with a low forecast of $6.85B, and a high forecast of $6.93B. JBL's average Quarter revenue forecast represents a -17.84% decrease compared to the company's last Quarter revenue of $8.39B (Nov 23).

Jabil EBITDA Forecast

Aug 27May 27Mar 27Nov 26Aug 26May 26Mar 26Nov 25Aug 25May 25Mar 25Nov 24Aug 24May 24Mar 24Nov 23Aug 23May 23Mar 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20
# Analysts11222211113424454431811222231389
EBITDA---------------$793.00M$637.00M$613.00M-$715.00M$602.00M$569.00M$568.00M$619.00M$500.64M$470.89M$453.51M$522.95M$348.87M$253.30M
Avg Forecast$529.89M$489.96M$465.52M$508.52M$511.52M$489.15M$470.63M$500.97M$496.69M$467.90M$444.08M$457.96M$456.43M$452.20M$593.25M$578.72M$591.58M$568.20M$539.31M$635.51M$580.32M$568.52M$490.29M$572.96M$530.69M$480.51M$300.75M$486.48M$435.04M$383.66M
High Forecast$530.52M$490.54M$466.07M$509.12M$512.12M$489.74M$471.19M$501.56M$497.28M$468.45M$444.60M$458.50M$458.55M$452.20M$711.89M$579.41M$592.29M$568.88M$647.18M$762.61M$589.52M$577.53M$588.34M$582.04M$539.10M$488.12M$360.90M$494.19M$441.93M$389.74M
Low Forecast$529.45M$489.55M$465.14M$508.10M$511.10M$488.75M$470.25M$500.56M$496.28M$467.51M$443.71M$457.58M$454.31M$452.20M$474.60M$578.24M$591.10M$567.74M$431.45M$508.41M$571.46M$559.85M$392.23M$564.22M$522.59M$473.17M$240.60M$479.05M$428.40M$377.80M
Surprise %---------------1.37%1.08%1.08%-1.13%1.04%1.00%1.16%1.08%0.94%0.98%1.51%1.07%0.80%0.66%

4 analysts predict JBL's average Quarter EBITDA for Mar 24 to be $593.25M, with a high of $711.89M and a low of $474.60M. This is -25.19% lower than Jabil's previous annual EBITDA (Nov 23) of $793.00M.

Jabil Net Income Forecast

Aug 27May 27Mar 27Nov 26Aug 26May 26Mar 26Nov 25Aug 25May 25Mar 25Nov 24Aug 24May 24Mar 24Nov 23Aug 23May 23Mar 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20
# Analysts11222211113424454431811222231389
Net Income---------------$194.00M$155.00M$233.00M-$223.00M$315.00M$218.00M$222.00M$241.00M$174.42M$169.48M$151.65M$200.44M$67.73M$-50.96M
Avg Forecast$377.69M$291.88M$256.45M$269.06M$333.21M$292.75M$251.39M$268.86M$308.21M$255.34M$208.11M$213.98M$253.12M$211.06M$230.25M$293.67M$264.31M$213.72M$209.31M$247.43M$250.83M$189.12M$190.29M$209.91M$161.55M$121.25M$100.57M$148.00M$77.07M$36.94M
High Forecast$378.27M$292.33M$256.85M$269.47M$333.72M$293.21M$251.78M$269.27M$308.69M$255.73M$209.26M$216.27M$254.24M$211.08M$276.29M$301.76M$264.72M$214.05M$251.18M$296.91M$256.00M$193.01M$228.34M$215.33M$164.87M$122.87M$120.68M$151.05M$78.65M$37.70M
Low Forecast$377.29M$291.57M$256.18M$268.77M$332.85M$292.44M$251.12M$268.57M$307.89M$255.07M$207.89M$211.69M$252.00M$211.04M$184.20M$282.11M$264.03M$213.49M$167.45M$197.94M$245.86M$185.36M$152.23M$204.49M$158.34M$119.63M$80.46M$145.06M$75.54M$36.21M
Surprise %---------------0.66%0.59%1.09%-0.90%1.26%1.15%1.17%1.15%1.08%1.40%1.51%1.35%0.88%-1.38%

Jabil's average Quarter net income forecast for Mar 24 is $230.25M, with a range of $184.20M to $276.29M. JBL's average Quarter net income forecast represents a 18.68% increase compared to the company's last Quarter net income of $194.00M (Nov 23).

Jabil SG&A Forecast

Aug 27May 27Mar 27Nov 26Aug 26May 26Mar 26Nov 25Aug 25May 25Mar 25Nov 24Aug 24May 24Mar 24Nov 23Aug 23May 23Mar 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20
# Analysts11222211113424454431811222231389
SG&A---------------$314.00M$295.00M$307.00M-$319.00M$284.00M$282.00M$280.00M$308.00M$298.75M$305.56M$305.94M$302.75M$257.92M$302.85M
Avg Forecast$296.51M$274.16M$260.49M$284.55M$286.23M$273.71M$263.35M$280.32M$277.93M$261.82M$248.49M$256.26M$255.40M$253.04M$290.40M$323.83M$331.03M$317.95M$264.00M$316.21M$325.40M$318.78M$240.00M$321.27M$297.57M$269.43M$202.89M$272.78M$243.93M$215.12M
High Forecast$296.86M$274.49M$260.80M$284.89M$286.57M$274.04M$263.66M$280.66M$278.26M$262.13M$248.79M$256.56M$256.59M$253.04M$348.48M$324.22M$331.42M$318.32M$316.80M$379.46M$330.56M$323.84M$288.00M$326.36M$302.29M$273.70M$243.47M$277.10M$247.80M$218.53M
Low Forecast$296.27M$273.94M$260.28M$284.32M$285.99M$273.49M$263.14M$280.10M$277.70M$261.61M$248.29M$256.05M$254.22M$253.04M$232.32M$323.57M$330.76M$317.69M$211.20M$252.97M$320.43M$313.92M$192.00M$316.37M$293.03M$265.32M$162.31M$268.61M$240.21M$211.84M
Surprise %---------------0.97%0.89%0.97%-1.01%0.87%0.88%1.17%0.96%1.00%1.13%1.51%1.11%1.06%1.41%

Jabil's average Quarter SG&A projection for Mar 24 is $290.40M, based on 4 Wall Street analysts, with a range of $232.32M to $348.48M. The forecast indicates a -7.52% fall compared to JBL last annual SG&A of $314.00M (Nov 23).

Jabil EPS Forecast

Aug 27May 27Mar 27Nov 26Aug 26May 26Mar 26Nov 25Aug 25May 25Mar 25Nov 24Aug 24May 24Mar 24Nov 23Aug 23May 23Mar 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20
# Analysts11222211113424454431811222231389
EPS---------------$1.49$1.18$1.76-$1.65$2.30$1.55$1.55$1.67$1.20$1.14$1.01$1.33$0.45$-0.34
Avg Forecast$3.31$2.56$2.25$2.36$2.92$2.57$2.21$2.36$2.70$2.24$1.83$1.88$2.22$1.85$1.66$2.58$2.32$1.87$1.85$1.95$2.15$1.62$1.47$1.80$1.38$1.04$0.95$1.27$0.66$0.32
High Forecast$3.32$2.56$2.25$2.36$2.93$2.57$2.21$2.36$2.71$2.24$1.84$1.90$2.23$1.85$1.72$2.65$2.32$1.88$1.85$1.95$2.19$1.65$1.49$1.85$1.41$1.05$0.97$1.29$0.67$0.32
Low Forecast$3.31$2.56$2.25$2.36$2.92$2.57$2.20$2.36$2.70$2.24$1.82$1.86$2.21$1.85$1.60$2.47$2.32$1.87$1.84$1.95$2.11$1.59$1.45$1.75$1.36$1.03$0.93$1.24$0.65$0.31
Surprise %---------------0.58%0.51%0.94%-0.84%1.07%0.96%1.06%0.93%0.87%1.10%1.07%1.05%0.68%-1.07%

According to 4 Wall Street analysts, Jabil's projected average Quarter EPS for Mar 24 is $1.66, with a low estimate of $1.60 and a high estimate of $1.72. This represents a 11.19% increase compared to JBL previous annual EPS of $1.49 (Nov 23).

Jabil Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
FNFabrinet$207.74$280.0034.78%Hold
LFUSLittelfuse$235.24$301.6728.24%Buy
MEIMethode Electronics$11.64$13.0011.68%Hold
PLXSPlexus$143.42$150.004.59%Buy
TELTE Connectivity$147.71$151.002.23%Buy
FLEXFlex$41.51$41.670.39%Buy
JBLJabil$160.98$145.00-9.93%Buy
OSISOSI Systems$196.94$176.00-10.63%Buy
VICRVicor$49.45$43.00-13.04%Hold
BHEBenchmark Electronics$43.64$34.00-22.09%Buy
SANMSanmina$82.83$62.00-25.15%Buy
CLSCelestica$100.49$73.50-26.86%Buy

JBL Forecast FAQ


Is Jabil a good buy?

Yes, according to 8 Wall Street analysts, Jabil (JBL) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 6 'Buy' recommendations, accounting for 87.50% of JBL's total ratings.

What is JBL's price target?

Jabil (JBL) average price target is $145 with a range of $140 to $150, implying a -9.93% from its last price of $160.98. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Jabil stock go up soon?

According to Wall Street analysts' prediction for JBL stock, the company can go down by -9.93% (from the last price of $160.98 to the average price target of $145), down by -6.82% based on the highest stock price target, and down by -13.03% based on the lowest stock price target.

Can Jabil stock reach $200?

JBL's average twelve months analyst stock price target of $145 does not support the claim that Jabil can reach $200 in the near future.

What are Jabil's analysts' financial forecasts?

Jabil's analysts financial forecasts for the fiscal year (Aug 2026) are as follows: average revenue is $28.46B (high $28.49B, low $28.44B), average EBITDA is $1.97B (high $1.97B, low $1.97B), average net income is $1.15B (high $1.15B, low $1.14B), average SG&A $1.1B (high $1.1B, low $1.1B), and average EPS is $10.05 (high $10.07, low $10.04). JBL's analysts financial forecasts for the fiscal year (Aug 2027) are as follows: average revenue is $28.77B (high $28.81B, low $28.75B), average EBITDA is $1.99B (high $2B, low $1.99B), average net income is $1.2B (high $1.2B, low $1.19B), average SG&A $1.12B (high $1.12B, low $1.11B), and average EPS is $10.48 (high $10.5, low $10.47).

Did the JBL's actual financial results beat the analysts' financial forecasts?

Based on Jabil's last annual report (Aug 2023), the company's revenue was $34.7B, beating the average analysts forecast of $33.02B by 5.10%. Apple's EBITDA was $2.58B, beating the average prediction of $2.33B by 10.30%. The company's net income was $818M, missing the average estimation of $934.77M by -12.49%. Apple's SG&A was $1.21B, missing the average forecast of $1.23B by -1.89%. Lastly, the company's EPS was $6.14, missing the average prediction of $7.99 by -23.18%. In terms of the last quarterly report (Nov 2023), Jabil's revenue was $8.39B, beating the average analysts' forecast of $8.35B by 0.43%. The company's EBITDA was $793M, beating the average prediction of $578.72M by 37.03%. Jabil's net income was $194M, missing the average estimation of $293.67M by -33.94%. The company's SG&A was $314M, missing the average forecast of $323.83M by -3.04%. Lastly, the company's EPS was $1.49, missing the average prediction of $2.58 by -42.16%