UBS Updates Jabil Inc. (NYSE:JBL) Rating to Neutral

On June 18, 2025, UBS updated its rating for Jabil Inc. (NYSE:JBL) to a Neutral grade, maintaining a hold action. At the time, the stock price was $204.61. This update came after a report from Benzinga titled "Jabil Analysts Boost Their Forecasts After Upbeat Earnings." Jabil is a global manufacturing services company, providing electronics design, production, and product management services to companies in various industries.

Jabil's recent third-quarter results have been impressive, surpassing expectations. The company reported an adjusted earnings per share (EPS) of $2.55, exceeding the analyst consensus estimate of $2.31. Additionally, Jabil's quarterly sales reached $7.83 billion, outpacing the expected $7.06 billion. This strong performance is attributed to robust demand in AI and cloud infrastructure, as highlighted by the company's significant growth in the Intelligent Infrastructure segment.

Looking ahead, Jabil projects net revenues between $7.10 billion and $7.80 billion for the fourth quarter, compared to a consensus of $7.19 billion. The company also anticipates an adjusted EPS ranging from $2.64 to $3.04, against a consensus of $2.74. For fiscal 2025, Jabil forecasts revenues of $29 billion, surpassing the consensus of $28 billion. The company expects an adjusted EPS of $9.33, higher than the consensus of $8.97.

Jabil's stock has recently reached a new 52-week high, climbing to $203.9. Over the past month, the stock has surged by 17.5%, and since the beginning of the year, it has gained 36.8%. This performance significantly outpaces the 1.6% increase in the Zacks Computer and Technology sector and the 27.4% return in the Zacks Electronics - Manufacturing Services industry. The company's consistent record of positive earnings surprises has contributed to this strong stock performance.

Currently, JBL is trading at $204.66, experiencing a price increase of $7.77, which is a 3.95% rise. Today, the stock has fluctuated between a low of $198.21 and a high of $207.10, with the latter marking its highest price in the past year. Over the past year, the stock's lowest price was $95.85. JBL has a market capitalization of approximately $21.97 billion, and today's trading volume is 3,090,159 shares.