Jabil (JBL) Stock Forecast, Price Target & Predictions
JBL Stock Forecast
Jabil stock forecast is as follows: an average price target of $126.80 (represents a 18.72% upside from JBL’s last price of $106.81) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
JBL Price Target
The average price target for Jabil (JBL) is $126.80 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $140.00 to $90.00. This represents a potential 18.72% upside from JBL's last price of $106.81.
JBL Analyst Ratings
According to 7 Wall Street analysts, Jabil's rating consensus is 'Buy'. The analyst rating breakdown for JBL stock is 1 'Strong Buy' (14.29%), 5 'Buy' (71.43%), 1 'Hold' (14.29%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Jabil Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jun 21, 2024 | David Vogt | UBS | $137.00 | $114.52 | 19.63% | 28.27% |
| Jun 20, 2024 | Mark Delaney | Goldman Sachs | $132.00 | $111.79 | 18.08% | 23.58% |
| Jun 17, 2024 | Mark Delaney | Goldman Sachs | $161.00 | $123.76 | 30.09% | 50.73% |
| May 21, 2024 | Mark Delaney | Goldman Sachs | $143.00 | $117.79 | 21.40% | 33.88% |
| May 20, 2024 | Steven Milunovich | Wolfe Research | $140.00 | $122.18 | 14.59% | 31.07% |
| Sep 29, 2023 | Matthew Sheerin | Stifel Nicolaus | $135.00 | $127.00 | 6.30% | 26.39% |
| Dec 13, 2022 | - | UBS | $76.00 | $72.05 | 5.48% | -28.85% |
| Jun 07, 2022 | Mark Delaney | Goldman Sachs | $69.00 | $62.24 | 10.86% | -35.40% |
| Mar 18, 2022 | Jim Suva | Citigroup | $90.00 | $62.69 | 43.56% | -15.74% |
The latest Jabil stock forecast, released on Jun 21, 2024 by David Vogt from UBS, set a price target of $137.00, which represents a 19.63% increase from the stock price at the time of the forecast ($114.52), and a 28.27% increase from JBL last price ($106.81).
Jabil Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 6 |
| Avg Price Target | - | $134.50 | $141.33 |
| Last Closing Price | $106.81 | $106.81 | $106.81 |
| Upside/Downside | -100.00% | 25.92% | 32.32% |
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 $106.81. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jun 21, 2024 | UBS | Neutral | Neutral | Hold |
| Jun 17, 2024 | Barclays | Overweight | Overweight | Hold |
| Jun 17, 2024 | Goldman Sachs | Buy | Buy | Hold |
| May 21, 2024 | Goldman Sachs | Buy | Buy | Hold |
| May 20, 2024 | Wolfe Research | Outperform | Outperform | Hold |
| Dec 18, 2023 | CFRA | - | Buy | Upgrade |
| Sep 29, 2023 | Barclays | Buy | Buy | Hold |
| Jun 16, 2023 | Raymond James | Strong Buy | Strong Buy | Hold |
| Jun 16, 2023 | Credit Suisse | Outperform | Outperform | Hold |
| Mar 14, 2023 | Raymond James | Strong Buy | Strong Buy | Hold |
Jabil's last stock rating was published by UBS on Jun 21, 2024. The company gave JBL a "Neutral" rating, the same as its previous rate.
Jabil Financial Forecast
Jabil Revenue Forecast
| Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Nov 21 | Aug 21 | May 21 | Mar 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $8.46B | $8.47B | - | - | $9.03B | $8.33B | - | $8.57B | $7.41B | $7.21B | - | $7.83B | $7.30B | $6.34B | $6.13B | $7.51B | $6.57B | $6.14B |
| Avg Forecast | $7.23B | $7.09B | $6.55B | $6.75B | $7.32B | $6.93B | $6.47B | $6.55B | $6.59B | $6.53B | $6.89B | $8.35B | $8.54B | $8.20B | $8.09B | $9.29B | $7.80B | $8.24B | $7.41B | $8.29B | $7.67B | $6.95B | $6.57B | $7.03B | $6.29B | $5.55B | $6.19B | $6.95B | $6.61B | $6.01B |
| High Forecast | $7.23B | $7.09B | $6.55B | $6.75B | $7.32B | $6.93B | $6.47B | $6.55B | $6.63B | $6.53B | $6.89B | $8.36B | $8.54B | $8.20B | $8.09B | $9.29B | $9.36B | $9.89B | $7.45B | $8.33B | $7.72B | $6.99B | $6.61B | $7.08B | $6.33B | $5.58B | $6.23B | $6.99B | $6.64B | $6.04B |
| Low Forecast | $7.23B | $7.09B | $6.55B | $6.75B | $7.32B | $6.93B | $6.47B | $6.55B | $6.53B | $6.53B | $6.89B | $8.35B | $8.54B | $8.20B | $8.09B | $9.29B | $6.24B | $6.59B | $7.38B | $8.25B | $7.64B | $6.92B | $6.54B | $7.00B | $6.26B | $5.52B | $6.17B | $6.92B | $6.58B | $5.98B |
| # Analysts | 2 | 2 | 3 | 1 | 1 | 1 | 2 | 2 | 5 | 2 | 4 | 5 | 2 | 2 | 7 | 6 | 14 | 15 | 2 | 3 | 3 | 8 | 8 | 8 | 12 | 8 | 8 | 7 | 11 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.03% | - | - | 1.16% | 1.01% | - | 1.03% | 0.97% | 1.04% | - | 1.11% | 1.16% | 1.14% | 0.99% | 1.08% | 1.00% | 1.02% |
Jabil's average Quarter revenue forecast for Dec 23 based on 5 analysts is $8.35B, with a low forecast of $8.35B, and a high forecast of $8.36B. JBL's average Quarter revenue forecast represents a -1.27% decrease compared to the company's last Quarter revenue of $8.46B (Aug 23).
Jabil EBITDA Forecast
| Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Nov 21 | Aug 21 | May 21 | Mar 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 3 | 1 | 1 | 1 | 2 | 2 | 5 | 2 | 4 | 5 | 2 | 2 | 7 | 6 | 14 | 15 | 2 | 3 | 3 | 8 | 8 | 8 | 12 | 8 | 8 | 7 | 11 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $637.00M | $613.00M | - | - | $602.00M | $569.00M | - | $619.00M | $500.64M | $470.89M | - | $522.95M | $348.87M | $253.30M | $274.05M | $350.12M | $347.14M | $326.45M |
| Avg Forecast | $482.27M | $472.83M | $437.04M | $450.35M | $487.86M | $461.99M | $431.12M | $436.86M | $439.69M | $435.14M | $593.25M | $556.88M | $569.27M | $546.76M | $539.31M | $619.52M | $526.77M | $525.69M | $490.29M | $577.73M | $478.88M | $353.17M | $300.75M | $469.09M | $419.49M | $213.72M | $333.99M | $309.15M | $343.15M | $326.45M |
| High Forecast | $482.27M | $472.83M | $437.04M | $450.35M | $487.86M | $461.99M | $431.12M | $436.86M | $442.37M | $435.14M | $711.89M | $557.55M | $569.27M | $546.76M | $647.18M | $619.52M | $632.12M | $630.83M | $588.34M | $693.28M | $574.65M | $423.80M | $360.90M | $471.87M | $421.98M | $256.46M | $400.79M | $370.98M | $411.78M | $391.74M |
| Low Forecast | $482.27M | $472.83M | $437.04M | $450.35M | $487.86M | $461.99M | $431.12M | $436.86M | $435.67M | $435.14M | $474.60M | $556.88M | $569.27M | $546.76M | $431.45M | $619.52M | $421.41M | $420.55M | $392.23M | $462.19M | $383.10M | $282.53M | $240.60M | $466.95M | $417.57M | $170.97M | $267.19M | $247.32M | $274.52M | $261.16M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.12% | 1.12% | - | - | 1.14% | 1.08% | - | 1.07% | 1.05% | 1.33% | - | 1.11% | 0.83% | 1.19% | 0.82% | 1.13% | 1.01% | 1.00% |
5 analysts predict JBL's average Quarter EBITDA for Dec 23 to be $556.88M, with a high of $557.55M and a low of $556.88M. This is -12.58% lower than Jabil's previous annual EBITDA (Aug 23) of $637.00M.
Jabil Net Income Forecast
| Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Nov 21 | Aug 21 | May 21 | Mar 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 3 | 1 | 1 | 1 | 2 | 2 | 5 | 2 | 4 | 5 | 2 | 2 | 7 | 6 | 14 | 15 | 2 | 3 | 3 | 8 | 8 | 8 | 12 | 8 | 8 | 7 | 11 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $155.00M | $233.00M | - | - | $315.00M | $218.00M | - | $241.00M | $174.42M | $169.48M | - | $200.44M | $67.73M | $-50.96M | $-3.28M | $40.42M | $52.67M | $43.48M |
| Avg Forecast | $382.75M | $288.82M | $209.44M | $216.01M | $335.21M | $283.56M | $225.90M | $228.69M | $270.52M | $225.32M | $230.25M | $313.50M | $282.16M | $228.15M | $209.31M | $272.27M | $183.52M | $204.28M | $190.29M | $224.93M | $166.84M | $127.11M | $100.57M | $160.94M | $83.80M | $-43.00M | $-4.00M | $35.69M | $52.07M | $43.48M |
| High Forecast | $382.75M | $288.82M | $209.44M | $216.01M | $335.21M | $283.56M | $225.90M | $228.69M | $270.52M | $225.32M | $276.29M | $322.14M | $282.16M | $228.15M | $251.18M | $272.27M | $220.23M | $245.14M | $228.34M | $269.92M | $200.21M | $152.53M | $120.68M | $162.18M | $84.45M | $-34.40M | $-3.20M | $42.83M | $62.48M | $52.18M |
| Low Forecast | $382.75M | $288.82M | $209.44M | $216.01M | $335.21M | $283.56M | $225.90M | $228.69M | $269.31M | $225.32M | $184.20M | $301.16M | $282.16M | $228.15M | $167.45M | $272.27M | $146.82M | $163.42M | $152.23M | $179.95M | $133.47M | $101.69M | $80.46M | $159.98M | $83.30M | $-51.59M | $-4.80M | $28.55M | $41.66M | $34.79M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.55% | 1.02% | - | - | 1.72% | 1.07% | - | 1.07% | 1.05% | 1.33% | - | 1.25% | 0.81% | 1.19% | 0.82% | 1.13% | 1.01% | 1.00% |
Jabil's average Quarter net income forecast for Dec 23 is $313.50M, with a range of $301.16M to $322.14M. JBL's average Quarter net income forecast represents a 102.26% increase compared to the company's last Quarter net income of $155.00M (Aug 23).
Jabil SG&A Forecast
| Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Nov 21 | Aug 21 | May 21 | Mar 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 3 | 1 | 1 | 1 | 2 | 2 | 5 | 2 | 4 | 5 | 2 | 2 | 7 | 6 | 14 | 15 | 2 | 3 | 3 | 8 | 8 | 8 | 12 | 8 | 8 | 7 | 11 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $295.00M | $307.00M | - | - | $284.00M | $282.00M | - | $308.00M | $298.75M | $305.56M | - | $302.75M | $257.92M | $302.85M | $285.02M | $328.90M | $276.60M | $274.48M |
| Avg Forecast | $285.93M | $280.33M | $259.12M | $267.01M | $289.24M | $273.91M | $255.61M | $259.01M | $260.69M | $257.99M | $290.40M | $330.17M | $337.51M | $324.17M | $264.00M | $367.31M | $314.33M | $264.25M | $240.00M | $287.47M | $285.76M | $229.17M | $202.89M | $278.12M | $248.71M | $255.53M | $347.37M | $290.41M | $273.42M | $274.48M |
| High Forecast | $285.93M | $280.33M | $259.12M | $267.01M | $289.24M | $273.91M | $255.61M | $259.01M | $262.27M | $257.99M | $348.48M | $330.57M | $337.51M | $324.17M | $316.80M | $367.31M | $377.20M | $317.10M | $288.00M | $344.96M | $342.91M | $275.00M | $243.47M | $279.77M | $250.19M | $306.63M | $416.85M | $348.49M | $328.10M | $329.38M |
| Low Forecast | $285.93M | $280.33M | $259.12M | $267.01M | $289.24M | $273.91M | $255.61M | $259.01M | $258.31M | $257.99M | $232.32M | $330.17M | $337.51M | $324.17M | $211.20M | $367.31M | $251.47M | $211.40M | $192.00M | $229.97M | $228.61M | $183.34M | $162.31M | $276.85M | $247.57M | $204.42M | $277.90M | $232.33M | $218.73M | $219.59M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.87% | 0.95% | - | - | 0.90% | 1.07% | - | 1.07% | 1.05% | 1.33% | - | 1.09% | 1.04% | 1.19% | 0.82% | 1.13% | 1.01% | 1.00% |
Jabil's average Quarter SG&A projection for Dec 23 is $330.17M, based on 5 Wall Street analysts, with a range of $330.17M to $330.57M. The forecast indicates a 11.92% rise compared to JBL last annual SG&A of $295.00M (Aug 23).
Jabil EPS Forecast
| Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Nov 21 | Aug 21 | May 21 | Mar 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 3 | 1 | 1 | 1 | 2 | 2 | 5 | 2 | 4 | 5 | 2 | 2 | 7 | 6 | 14 | 15 | 2 | 3 | 3 | 8 | 8 | 8 | 12 | 8 | 8 | 7 | 11 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $1.18 | $1.76 | - | - | $2.30 | $1.55 | - | $1.67 | $1.20 | $1.14 | - | $1.33 | $0.45 | $-0.34 | $-0.02 | $0.26 | $0.34 | $0.28 |
| Avg Forecast | $3.15 | $2.37 | $1.72 | $1.77 | $2.75 | $2.33 | $1.86 | $1.88 | $2.22 | $1.85 | $1.66 | $2.58 | $2.32 | $1.87 | $1.85 | $2.24 | $1.27 | $1.15 | $1.47 | $1.80 | $1.38 | $1.04 | $0.95 | $1.27 | $0.66 | $0.32 | $0.65 | $0.94 | $0.87 | $0.57 |
| High Forecast | $3.15 | $2.37 | $1.72 | $1.77 | $2.75 | $2.33 | $1.86 | $1.88 | $2.22 | $1.85 | $1.66 | $2.65 | $2.32 | $1.87 | $1.85 | $2.24 | $1.27 | $1.18 | $1.48 | $1.81 | $1.39 | $1.05 | $0.96 | $1.28 | $0.67 | $0.32 | $0.66 | $0.95 | $0.87 | $0.58 |
| Low Forecast | $3.15 | $2.37 | $1.72 | $1.77 | $2.75 | $2.33 | $1.86 | $1.88 | $2.21 | $1.85 | $1.66 | $2.47 | $2.32 | $1.87 | $1.85 | $2.24 | $1.27 | $1.15 | $1.46 | $1.79 | $1.38 | $1.03 | $0.94 | $1.26 | $0.66 | $0.31 | $0.65 | $0.94 | $0.86 | $0.57 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.51% | 0.94% | - | - | 1.81% | 1.34% | - | 0.93% | 0.87% | 1.10% | - | 1.05% | 0.68% | -1.07% | -0.03% | 0.28% | 0.39% | 0.49% |
According to 5 Wall Street analysts, Jabil's projected average Quarter EPS for Dec 23 is $2.58, with a low estimate of $2.47 and a high estimate of $2.65. This represents a 118.31% increase compared to JBL previous annual EPS of $1.18 (Aug 23).
Jabil Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| VICR | Vicor | $36.89 | $65.00 | 76.20% | Hold |
| CLS | Celestica | $46.99 | $61.50 | 30.88% | Buy |
| OSIS | OSI Systems | $144.29 | $176.50 | 22.32% | Buy |
| JBL | Jabil | $106.83 | $126.80 | 18.69% | Buy |
| MEI | Methode Electronics | $10.71 | $12.50 | 16.71% | Hold |
| TEL | TE Connectivity | $147.78 | $159.86 | 8.17% | Buy |
| LFUS | Littelfuse | $254.24 | $257.50 | 1.28% | Hold |
| FLEX | Flex | $30.85 | $28.00 | -9.24% | Buy |
| SANM | Sanmina | $68.50 | $62.00 | -9.49% | Buy |
| PLXS | Plexus | $127.84 | $109.00 | -14.74% | Buy |
| BHE | Benchmark Electronics | $43.12 | $34.00 | -21.15% | Buy |
| FN | Fabrinet | $230.89 | $173.57 | -24.83% | Hold |
JBL Forecast FAQ
Is Jabil a good buy?
Yes, according to 7 Wall Street analysts, Jabil (JBL) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 5 'Buy' recommendations, accounting for 85.71% of JBL's total ratings.
What is JBL's price target?
Jabil (JBL) average price target is $126.8 with a range of $90 to $140, implying a 18.72% from its last price of $106.81. The data is based on 7 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 up by 18.72% (from the last price of $106.81 to the average price target of $126.8), up by 31.07% based on the highest stock price target, and down by -15.74% based on the lowest stock price target.
Can Jabil stock reach $200?
JBL's average twelve months analyst stock price target of $126.8 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 2025) are as follows: average revenue is $27.26B (high $27.26B, low $27.26B), average EBITDA is $1.82B (high $1.82B, low $1.82B), average net income is $1.07B (high $1.07B, low $1.07B), average SG&A $1.08B (high $1.08B, low $1.08B), and average EPS is $8.82 (high $8.82, low $8.82). JBL's analysts financial forecasts for the fiscal year (Aug 2026) are as follows: average revenue is $27.63B (high $27.63B, low $27.63B), average EBITDA is $1.84B (high $1.84B, low $1.84B), average net income is $1.1B (high $1.1B, low $1.1B), average SG&A $1.09B (high $1.09B, low $1.09B), and average EPS is $9.01 (high $9.01, low $9.01).
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 $34.12B by 1.72%. Apple's EBITDA was $2.58B, beating the average prediction of $2.27B by 13.19%. The company's net income was $818M, missing the average estimation of $991.9M by -17.53%. Apple's SG&A was $1.21B, missing the average forecast of $1.29B by -6.73%. Lastly, the company's EPS was $6.14, missing the average prediction of $8.28 by -25.81%. In terms of the last quarterly report (Aug 2023), Jabil's revenue was $8.46B, missing the average analysts' forecast of $8.54B by -0.92%. The company's EBITDA was $637M, beating the average prediction of $569.27M by 11.90%. Jabil's net income was $155M, missing the average estimation of $282.16M by -45.07%. The company's SG&A was $295M, missing the average forecast of $337.51M by -12.60%. Lastly, the company's EPS was $1.18, missing the average prediction of $2.32 by -49.11%