Jabil (JBL) Stock Forecast, Price Target & Predictions


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JBL Stock Forecast


Jabil stock forecast is as follows: an average price target of $131.50 (represents a 2.59% upside from JBL’s last price of $128.18) 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 $131.50 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 $90.00. This represents a potential 2.59% upside from JBL's last price of $128.18.

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%9.22%
Sep 27, 2024Ruplu BhattacharyaBank of America Securities$150.00$122.3422.61%17.02%
Sep 20, 2024Ruplu BhattacharyaBank of America Securities$135.00$112.4320.07%5.32%
Jun 21, 2024David VogtUBS$137.00$114.5219.63%6.88%
Jun 20, 2024Mark DelaneyGoldman Sachs$132.00$111.7918.08%2.98%
Jun 17, 2024Mark DelaneyGoldman Sachs$161.00$123.7630.09%25.60%
May 21, 2024Mark DelaneyGoldman Sachs$143.00$117.7921.40%11.56%
May 20, 2024Steven MilunovichWolfe Research$140.00$122.1814.59%9.22%
Sep 29, 2023Matthew SheerinStifel Nicolaus$135.00$127.006.30%5.32%
Dec 13, 2022-UBS$76.00$72.055.48%-40.71%
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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 9.22% increase from JBL last price ($128.18).

Jabil Price Target by Period


1M3M12M
# Anlaysts-38
Avg Price Target-$141.67$142.25
Last Closing Price$128.18$128.18$128.18
Upside/Downside-100.00%10.52%10.98%

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 $128.18. 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


DateCompanyPrevious RatingNew RatingRating Change
Sep 25, 2024BarclaysOverweightOverweightHold
Sep 25, 2024UBSNeutralNeutralHold
Sep 20, 2024Bank of America SecuritiesBuyBuyHold
Jun 21, 2024UBSNeutralNeutralHold
Jun 17, 2024Goldman SachsBuyBuyHold
Jun 17, 2024BarclaysOverweightOverweightHold
May 21, 2024Goldman SachsBuyBuyHold
May 20, 2024Wolfe ResearchOutperformOutperformHold
Dec 18, 2023CFRA-BuyUpgrade
Sep 29, 2023BarclaysBuyBuyHold
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Jabil's last stock rating was published by Barclays on Sep 25, 2024. The company gave JBL a "Overweight" rating, the same as its previous rate.

Jabil Financial Forecast


Jabil Revenue Forecast

Aug 27May 27Mar 27Dec 26Aug 26May 26Mar 26Dec 25Aug 25May 25Mar 25Dec 24Aug 24May 24Mar 24Dec 23Aug 23May 23Mar 23Dec 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20
Revenue----------------$8.46B$8.47B--$9.03B$8.33B$7.55B$8.57B$7.41B$7.21B$6.83B$7.83B$7.30B$6.34B
Avg Forecast$7.61B$7.11B$6.72B$6.92B$7.49B$7.14B$6.78B$6.92B$7.24B$6.82B$6.35B$6.61B$6.59B$6.53B$6.89B$8.35B$8.54B$8.20B$8.09B$9.29B$8.39B$8.22B$7.41B$8.29B$7.67B$6.95B$6.57B$7.03B$6.29B$5.55B
High Forecast$7.76B$7.25B$6.85B$7.06B$7.63B$7.28B$6.92B$7.06B$7.39B$6.96B$6.47B$6.74B$6.62B$6.53B$6.93B$8.36B$8.71B$8.36B$8.25B$9.47B$8.52B$8.35B$7.53B$8.42B$7.80B$7.06B$6.67B$7.15B$6.39B$5.64B
Low Forecast$7.45B$6.95B$6.57B$6.77B$7.32B$6.98B$6.64B$6.77B$7.09B$6.67B$6.14B$6.46B$6.56B$6.53B$6.85B$8.17B$8.35B$8.02B$7.91B$9.09B$8.26B$8.10B$7.30B$8.16B$7.56B$6.84B$6.47B$6.93B$6.19B$5.46B
# Analysts2222222111442245223111222231389
Surprise %----------------0.99%1.03%--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 Dec 23 based on 5 analysts is $8.35B, with a low forecast of $8.17B, 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 27May 27Mar 27Dec 26Aug 26May 26Mar 26Dec 25Aug 25May 25Mar 25Dec 24Aug 24May 24Mar 24Dec 23Aug 23May 23Mar 23Dec 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20
# Analysts2222222111442245223111222231389
EBITDA----------------$637.00M$613.00M--$602.00M$569.00M$568.00M$619.00M$500.64M$470.89M$453.51M$522.95M$348.87M$253.30M
Avg Forecast$501.65M$468.46M$442.73M$456.19M$493.37M$470.49M$447.06M$456.39M$477.39M$449.60M$418.69M$435.53M$434.08M$430.06M$593.25M$550.38M$562.62M$540.38M$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$511.59M$477.74M$451.50M$465.23M$503.14M$479.82M$455.92M$465.44M$486.85M$458.51M$426.43M$444.17M$436.10M$430.06M$711.89M$551.04M$573.77M$551.09M$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$490.72M$458.25M$433.08M$446.25M$482.61M$460.24M$437.31M$446.45M$466.98M$439.80M$404.49M$426.04M$432.07M$430.06M$474.60M$538.39M$550.36M$528.60M$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 %----------------1.13%1.13%--1.04%1.00%1.16%1.08%0.94%0.98%1.51%1.07%0.80%0.66%

5 analysts predict JBL's average Quarter EBITDA for Dec 23 to be $550.38M, with a high of $551.04M and a low of $538.39M. This is -13.60% lower than Jabil's previous annual EBITDA (Aug 23) of $637.00M.

Jabil Net Income Forecast

Aug 27May 27Mar 27Dec 26Aug 26May 26Mar 26Dec 25Aug 25May 25Mar 25Dec 24Aug 24May 24Mar 24Dec 23Aug 23May 23Mar 23Dec 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20
# Analysts2222222111442245223111222231389
Net Income----------------$155.00M$233.00M--$315.00M$218.00M$222.00M$241.00M$174.42M$169.48M$151.65M$200.44M$67.73M$-50.96M
Avg Forecast$382.02M$290.57M$252.24M$271.22M$343.54M$300.78M$252.46M$263.88M$310.59M$265.33M$215.73M$219.05M$259.11M$216.06M$230.25M$300.62M$270.57M$218.78M$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$391.86M$298.06M$258.74M$278.20M$352.39M$308.53M$258.97M$270.67M$318.59M$272.17M$232.50M$279.18M$260.26M$216.08M$276.29M$308.91M$277.54M$224.42M$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$371.20M$282.34M$245.09M$263.53M$333.80M$292.26M$245.31M$256.40M$301.79M$257.81M$187.79M$198.65M$257.97M$216.04M$184.20M$288.79M$262.90M$212.58M$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 %----------------0.57%1.06%--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 Dec 23 is $300.62M, with a range of $288.79M to $308.91M. JBL's average Quarter net income forecast represents a 93.95% increase compared to the company's last Quarter net income of $155.00M (Aug 23).

Jabil SG&A Forecast

Aug 27May 27Mar 27Dec 26Aug 26May 26Mar 26Dec 25Aug 25May 25Mar 25Dec 24Aug 24May 24Mar 24Dec 23Aug 23May 23Mar 23Dec 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20
# Analysts2222222111442245223111222231389
SG&A----------------$295.00M$307.00M--$284.00M$282.00M$280.00M$308.00M$298.75M$305.56M$305.94M$302.75M$257.92M$302.85M
Avg Forecast$295.16M$275.63M$260.49M$268.41M$290.28M$276.83M$263.04M$268.53M$280.88M$264.53M$246.35M$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$301.01M$281.09M$265.65M$273.73M$296.04M$282.31M$268.25M$273.85M$286.45M$269.77M$250.90M$261.34M$256.59M$253.04M$348.48M$324.22M$337.59M$324.25M$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$288.73M$269.62M$254.81M$262.56M$283.96M$270.79M$257.30M$262.68M$274.76M$258.77M$237.99M$250.67M$254.22M$253.04M$232.32M$316.77M$323.82M$311.02M$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 %----------------0.89%0.97%--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 Dec 23 is $323.83M, based on 5 Wall Street analysts, with a range of $316.77M to $324.22M. The forecast indicates a 9.77% rise compared to JBL last annual SG&A of $295.00M (Aug 23).

Jabil EPS Forecast

Aug 27May 27Mar 27Dec 26Aug 26May 26Mar 26Dec 25Aug 25May 25Mar 25Dec 24Aug 24May 24Mar 24Dec 23Aug 23May 23Mar 23Dec 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20
# Analysts2222222111442245223111222231389
EPS----------------$1.18$1.76--$2.30$1.55$1.55$1.67$1.20$1.14$1.01$1.33$0.45$-0.34
Avg Forecast$3.27$2.49$2.16$2.32$2.94$2.58$2.16$2.26$2.66$2.27$1.85$1.88$2.22$1.85$1.66$2.58$2.32$1.87$1.85$2.24$2.15$1.62$1.47$1.80$1.38$1.04$0.95$1.27$0.66$0.32
High Forecast$3.36$2.55$2.22$2.38$3.02$2.64$2.22$2.32$2.73$2.33$1.99$2.39$2.23$1.85$1.72$2.65$2.38$1.92$1.89$2.29$2.19$1.65$1.49$1.85$1.41$1.05$0.97$1.29$0.67$0.32
Low Forecast$3.18$2.42$2.10$2.26$2.86$2.50$2.10$2.20$2.59$2.21$1.61$1.70$2.21$1.85$1.60$2.47$2.25$1.82$1.79$2.17$2.11$1.59$1.45$1.75$1.36$1.03$0.93$1.24$0.65$0.31
Surprise %----------------0.51%0.94%--1.07%0.96%1.06%0.93%0.87%1.10%1.07%1.05%0.68%-1.07%

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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
MEIMethode Electronics$9.03$12.5038.43%Hold
LFUSLittelfuse$237.94$268.0012.63%Buy
OSISOSI Systems$159.19$176.0010.56%Buy
TELTE Connectivity$147.82$158.076.93%Buy
JBLJabil$128.18$131.502.59%Buy
VICRVicor$53.87$54.000.24%Hold
FLEXFlex$39.83$37.25-6.48%Buy
FNFabrinet$226.30$182.14-19.51%Hold
SANMSanmina$77.58$62.00-20.08%Buy
PLXSPlexus$156.65$119.00-24.03%Buy
CLSCelestica$86.98$65.50-24.70%Buy
BHEBenchmark Electronics$47.04$34.00-27.72%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 $131.5 with a range of $90 to $150, implying a 2.59% from its last price of $128.18. 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 up by 2.59% (from the last price of $128.18 to the average price target of $131.5), up by 17.02% based on the highest stock price target, and down by -29.79% based on the lowest stock price target.

Can Jabil stock reach $200?

JBL's average twelve months analyst stock price target of $131.5 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 $28.33B (high $28.89B, low $27.72B), average EBITDA is $1.87B (high $1.9B, low $1.83B), average net income is $1.16B (high $1.19B, low $1.13B), average SG&A $1.1B (high $1.12B, low $1.07B), and average EPS is $9.95 (high $10.2, low $9.66). JBL's analysts financial forecasts for the fiscal year (Aug 2027) are as follows: average revenue is $28.36B (high $28.92B, low $27.74B), average EBITDA is $1.87B (high $1.91B, low $1.83B), average net income is $1.2B (high $1.23B, low $1.16B), average SG&A $1.1B (high $1.12B, low $1.08B), and average EPS is $10.25 (high $10.51, low $9.96).

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 $2.28B by 13.05%. The company's net income was $818M, missing the average estimation of $946.09M by -13.54%. 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 $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 $562.62M by 13.22%. Jabil's net income was $155M, missing the average estimation of $270.57M by -42.71%. The company's SG&A was $295M, missing the average forecast of $331.03M by -10.88%. Lastly, the company's EPS was $1.18, missing the average prediction of $2.32 by -49.11%