Jabil Inc. (JBL)
NYSE: JBL · IEX Real-Time Price · USD
115.26
+0.88 (0.77%)
At close: May 2, 2024, 4:00 PM
116.00
+0.74 (0.64%)
After-hours: May 2, 2024, 7:39 PM EDT
Jabil Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Jabil stock have an average target of 144.43, with a low estimate of 125 and a high estimate of 161. The average target predicts an increase of 25.31% from the current stock price of 115.26.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 18, 2024.
Analyst Ratings
The average analyst rating for Jabil stock from 8 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 1 | 0 | 0 | 0 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 7 | 7 | 7 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Argus Research | Argus Research | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Mar 19, 2024 |
| Barclays | Barclays | Buy Maintains $151 → $149 | Buy | Maintains | $151 → $149 | +29.27% | Mar 18, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $141 → $161 | Strong Buy | Maintains | $141 → $161 | +39.68% | Mar 4, 2024 |
| Stifel | Stifel | Strong Buy Maintains $135 → $140 | Strong Buy | Maintains | $135 → $140 | +21.46% | Dec 15, 2023 |
| JP Morgan | JP Morgan | Buy Maintains $150 → $146 | Buy | Maintains | $150 → $146 | +26.67% | Nov 29, 2023 |
Financial Forecast
Revenue This Year
28.79B
from 34.70B
Decreased by -17.03%
Revenue Next Year
30.04B
from 28.79B
Increased by 4.35%
EPS This Year
8.45
from 6.02
Increased by 40.39%
EPS Next Year
10.61
from 8.45
Increased by 25.48%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 30.0B | 32.2B | 34.2B |
| Avg | 28.8B | 30.0B | 31.7B |
| Low | 27.9B | 28.4B | 29.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -13.5% | 12.0% | 13.8% |
| Avg | -17.0% | 4.3% | 5.5% |
| Low | -19.7% | -1.2% | -1.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.84 | 11.24 | 13.62 |
| Avg | 8.45 | 10.61 | 12.05 |
| Low | 8.07 | 9.98 | 10.99 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 46.9% | 32.9% | 28.4% |
| Avg | 40.4% | 25.5% | 13.6% |
| Low | 34.0% | 18.0% | 3.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.