Jabil (NYSE:JBL) Stock, Quote.Headers.trade-ideas

Jabil

Jabil Inc is a United States-based company engaged in providing manufacturing services and solutions. It provides comprehensive electronics design, production and product management services to companies in various industries and end markets.The Company derives its revenue from providing comprehensive electronics design, production and product management services. It operates in two segments. The Electronics Manufacturing Services (EMS) segment, which is the key revenue driver, is focused on leveraging IT, supply chain design and engineering, technologies largely centered on core electronics. The Diversified Manufacturing Services (DMS) segment is focused on providing engineering solutions, with an emphasis on material sciences, technologies, and healthcare.

Jabil Inc.

News

Movers

AMZN

Jabil announced that it issued a warrant to Amazon NV Investment Holdings to potentially acquire up to 1,158,539 shares.

What&#39;s Going On With Jabil Shares Friday?

DRI, Darden

Large Cap

Trading Ideas

BIRK

CHWY

DOCS

KVYO

NBIX

TEVA

The top-performing stocks last week were TEVA, KVYO, DRI, DOCS, BIRK, JBL, NBIX, GME, RDY, and LI. Did you have any of them in your portfolio?

Teva Pharmaceutical, Li Auto, And Darden Restaurants Are Among Top Large Cap Gainers Last Week (December 16-20): Are The Others In Your Portfolio?

AAPL

GOOGL


Jabil (NYSE:JBL) continues to face headwinds, but its fiscal Q1 2025 report proves that the bottom is in for this business, and the outlook is bright. The report includes a top-line contraction but outperformance on the

Jabil&#39;s Winning Streak Begins: Market Bottom Set, Future in Focus

Jabil Inc

JetBlue Airways Corporation - Common Stock

JetBlue Airways Corp

Jabil's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBL#NYSE">JBL</a>) short percent of float has fallen 26.61% since its last report. The company recently reported that it has 2.41 million shares sold short, which is 2.62% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.2 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Jabil Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1737128712_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Jabil has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Jabil's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Jabil's peer group average for short interest as a percentage of float is 3.03%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

(JBL) - Analyzing Jabil's Short Interest

STEVEN RAYMUND, Board Member at Jabil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBL#NYSE">JBL</a>), executed a substantial insider sell on January 14, according to an SEC filing.
What Happened: RAYMUND's decision to sell 20,000 shares of Jabil was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000898293/000122520825000629//Archives/edgar/data/898293/000122520825000629/0001225208-25-000629-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday. The total value of the sale is $3,026,000.
The latest market snapshot at Wednesday morning reveals Jabil shares up by 1.3%, trading at $157.99.
<h3>About Jabil</h3>
Jabil Inc is a United States-based company engaged in providing manufacturing services and solutions. It provides comprehensive electronics design, production and product management services to companies in various industries and end markets.The Company derives its revenue from providing comprehensive electronics design, production and product management services. It operates in two segments. The Electronics Manufacturing Services (EMS) segment, which is the key revenue driver, is focused on leveraging IT, supply chain design and engineering, technologies largely centered on core electronics. The Diversified Manufacturing Services (DMS) segment is focused on providing engineering solutions, with an emphasis on material sciences, technologies, and healthcare.
<h3>Jabil: Delving into Financials</h3>
Revenue Challenges: Jabil's revenue growth over 3 months faced difficulties. As of 30 November, 2024, the company experienced a decline of approximately -16.61%. This indicates a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.
Evaluating Earnings Performance:
<ul>
<li>
Gross Margin: The company faces challenges with a low gross margin of 8.66%, suggesting potential difficulties in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Jabil's EPS is significantly higher than the industry average. The company demonstrates a robust bottom-line performance with a current EPS of 0.89.
</li>
</ul>
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 2.06, caution is advised due to increased financial risk.
Valuation Analysis:
<ul>
<li>
Price to Earnings (P/E) Ratio: Jabil's P/E ratio of 14.74 is below the industry average, suggesting the stock may be undervalued.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 0.68, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Jabil's EV/EBITDA ratio, lower than industry averages at 7.33, indicates attractively priced shares.
</li>
</ul>
Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Why Insider Activity Matters in Finance</h3>
Investors should view insider transactions as part of a multifaceted analysis and not rely solely on them for decision-making.
Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.
<h3>Understanding Crucial Transaction Codes</h3>
Delving into transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> typically prioritize those unfolding in the open market, as precisely outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000898293">Check Out The Full List Of Jabil's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Insider Unloading: STEVEN RAYMUND Sells $3.03M Worth Of Jabil Shares

Jabil Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBL#NYSE">JBL</a>) stock is trading higher on Friday. The company announced that it issued a warrant to Amazon.Com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) NV Investment Holdings to <a href="https://www.benzinga.com/secfilings/25/01/42784871/jabil-inc-general-corporate-statement-form8">potentially acquire</a> up to 1,158,539 shares.
What To Know: The warrants would be exercisable at a price of $137.76 per share, based on the preceding 30 trading days&#8217; volume-weighted average price.
The warrants come with a cashless exercise option and will vest over time based on payments for products and services. Some of the shares have already vested, with the rest set to vest if an acquisition goes through. The warrant expires on December 27, 2031.
What Else: In mid-December, Jabil <a href="https://www.benzinga.com//node/42550964">reported earnings</a> for the 2025 fiscal-year first-quarter. It reported adjusted earnings per share of $2.00, beating analyst estimates of $1.88. In addition, it reported sales of $6.99 billion, beating analyst estimates of $6.60 billion.
&#8220;I am very pleased with our first fiscal quarter results, which came in stronger than we anticipated driven by incremental strength in our Cloud, Data Center Infrastructure, and Digital Commerce end-markets. As a result, the team was able to deliver strong Core EPS and cash flow generation during the quarter,&#8221; said CEO Mike Dastoor.&nbsp;
Jabil also guided for the second quarter and 2025 fiscal-year. For the second quarter, the company expects revenue between $6.1 billion and $6.7 billion, versus analyst estimates of $6.27 billion. Jabil anticipates adjusted earnings per share of $1.60 to $2.00, versus analyst estimates of $1.79.
Jabil sees 2025 fiscal-year revenue of $27.3 billion, versus analyst estimates of $27.03 billion, and adjusted earnings per share of $8.75, versus analyst estimates of $8.69.
Related Link: <a href="https://www.benzinga.com/news/large-cap/25/01/42788070/hedge-fund-giant-dan-loebs-pge-bet-beats-market">Hedge Fund Giant Dan Loeb&#8217;s PG&amp;E Bet Beats Market</a>
JBL Price Action: At the time of writing, Jabil stock is trading 4.94% higher at $149.88, according to data from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
Image: Image via Jabil

What's Going On With Jabil Shares Friday?

WIIM

Jabil shares are trading higher. The company announced it issued a warrant to Amazon.com NV Investment Holdings to acquire up to 1,158,539 shares.

Buybacks

Jabil Issued Warrant To Amazon.Com NV Investment Holdings To Acquire Up To 1,158,539 Ordinary Shares At $137.7671/Share

These ten large-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol>
<li>Teva Pharmaceutical Industries Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEVA#NYSE">TEVA</a>) stock escalated 33.88% after the company and Sanofi SA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNY#NASDAQ">SNY</a>) announced that primary endpoints were met in the Phase 2b trial of Duvakitug for <a href="https://www.benzinga.com//node/42531132" target="_blank" rel="noreferrer noopener">ulcerative colitis and Crohn&#8217;s disease</a>.</li>
<li>Klaviyo, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KVYO#NYSE">KVYO</a>) shares surged 12.85%.</li>
<li>Olive Garden parent Darden Restaurants, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DRI#NYSE">DRI</a>) stock rose 12.54% after the company reported better-than-expected second-quarter EPS and <a href="https://www.benzinga.com//node/42585797" target="_blank" rel="noreferrer noopener">issued an FY25 revenue outlook</a>. Several analysts raised the <a href="https://www.benzinga.com/quote/dri/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast on the stock</a>.</li>
<li>Doximity, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOCS#NYSE">DOCS</a>) shares upped 10.91%. Stephens &amp; Co. initiated coverage with an Equal-Weight rating and <a href="https://www.benzinga.com/quote/docs/analyst-ratings" target="_blank" rel="noreferrer noopener">a price forecast of $55</a>.</li>
<li>Birkenstock Holding plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BIRK#NYSE">BIRK</a>) shares increased 9.70% after the company reported better-than-expected fourth-quarter financial results and issued FY25 guidance. Several analysts raised <a href="https://www.benzinga.com//node/42599431" target="_blank" rel="noreferrer noopener">the price forecast on the stock</a>.</li>
<li>Jabil Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBL#NYSE">JBL</a>) stock upped 7.30% after the company reported better-than-expected <a href="https://www.benzinga.com//node/42553094" target="_blank" rel="noreferrer noopener">first-quarter EPS and revenues</a>. Several analysts raised <a href="https://www.benzinga.com/quote/jbl/analyst-ratings" target="_blank" rel="noreferrer noopener">the price forecast on the stock</a>.</li>
<li>Neurocrine Biosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NBIX#NASDAQ">NBIX</a>) stock rose 6.88%. The FDA approved Crenessity (crinecerfont) capsules and oral solution as an adjunctive treatment to glucocorticoid replacement to control androgens in adult and pediatric patients four years of age and older with <a href="https://www.benzinga.com//node/42508449" target="_blank" rel="noreferrer noopener">classic congenital adrenal hyperplasia (CAH).</a></li>
<li>GameStop Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) stock was up 6.54% last week, continuing strength from Q3 earnings.</li>
<li>Dr. Reddy&#8217;s Laboratories Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDY#NYSE">RDY</a>) stock increased 6.29%.</li>
<li>Li Auto Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>) shares upped 6.13% last week.</li>
</ol>
Photo by Sundry Photography via Shutterstock

Jabil shares are trading higher after Barclays maintained an Overweight rating on the stock and raised its price target from $157 to $179.

Throughout the last three months, 8 analysts have evaluated Jabil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBL#NYSE">JBL</a>), offering a diverse set of opinions from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">5</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $156.0, with a high estimate of $179.00 and a low estimate of $140.00. This upward trend is evident, with the current average reflecting a 11.43% increase from the previous average price target of $140.00.
<img src="https://www.benzinga.com/files/images/story/2024/1734721249_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
The analysis of recent analyst actions sheds light on the perception of Jabil by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>George Wang</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$179.00</td>
<td>$157.00</td>
</tr>
<tr>
<td>Matthew Sheerin</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$160.00</td>
<td>$150.00</td>
</tr>
<tr>
<td>David Vogt</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$152.00</td>
<td>$128.00</td>
</tr>
<tr>
<td>Mark Delaney</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$160.00</td>
<td>$145.00</td>
</tr>
<tr>
<td>Matthew Sheerin</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$150.00</td>
<td>$140.00</td>
</tr>
<tr>
<td>George Wang</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$157.00</td>
<td>$135.00</td>
</tr>
<tr>
<td>Matthew Sheerin</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$140.00</td>
<td>$130.00</td>
</tr>
<tr>
<td>Ruplu Bhattacharya</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$150.00</td>
<td>$135.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Jabil. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Jabil compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Jabil's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
For valuable insights into Jabil's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/JBL/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Jabil analyst ratings.</a>
<h2>Unveiling the Story Behind Jabil</h2>
Jabil Inc is a United States-based company engaged in providing manufacturing services and solutions. It provides comprehensive electronics design, production and product management services to companies in various industries and end markets.The Company derives its revenue from providing comprehensive electronics design, production and product management services. It operates in two segments. The Electronics Manufacturing Services (EMS) segment, which is the key revenue driver, is focused on leveraging IT, supply chain design and engineering, technologies largely centered on core electronics. The Diversified Manufacturing Services (DMS) segment is focused on providing engineering solutions, with an emphasis on material sciences, technologies, and healthcare.
<h3>Financial Milestones: Jabil's Journey</h3>
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Revenue Challenges: Jabil's revenue growth over 3 months faced difficulties. As of 31 August, 2024, the company experienced a decline of approximately -17.66%. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: Jabil's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.98% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Jabil's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 6.88%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Jabil's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.79%, the company showcases efficient use of assets and strong financial health.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 1.88, caution is advised due to increased financial risk.
<h2>The Basics of Analyst Ratings</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;utm_source=benzinga-insights">Click here for urgent details</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

What 8 Analyst Ratings Have To Say About Jabil

Barclays analyst George Wang maintains Jabil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBL#NYSE">JBL</a>) with a Overweight and raises the price target from $157 to $179.

Price Target

Barclays Maintains Overweight on Jabil, Raises Price Target to $179

Stifel analyst Matthew Sheerin reiterates Jabil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBL#NYSE">JBL</a>) with a Buy and raises the price target from $150 to $160.

Reiteration

Stifel Reiterates Buy on Jabil, Raises Price Target to $160

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Mizuho raised the price target for Booking Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKNG#NASDAQ">BKNG</a>) from $5,400 to $6,000. Mizuho analyst James Lee maintained an Outperform rating. Booking shares closed at $4,943.35 on Wednesday. See how other analysts view this stock.</li>
<li>Wedbush slashed the price target for Micron Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) from $140 to $125. Wedbush analyst Matt Bryson maintained an Outperform rating. Micron shares closed at $103.90 on Wednesday. <a href="https://www.benzinga.com/quote/MU/analyst-ratings">See how other analysts view this stock.</a></li>
<li>UBS boosted the price target for Jabil Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBL#NYSE">JBL</a>) from $128 to $152. UBS analyst David Vogt maintained a Neutral rating. Jabil shares closed at $143.69 on Wednesday. <a href="https://www.benzinga.com/quote/JBL/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>BMO Capital raised Birkenstock Holding plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BIRK#NYSE">BIRK</a>) price target from $60 to $70. BMO Capital analyst Simeon Siegel maintained an Outperform rating. Birkenstock shares settled at $57.16 on Wednesday. <a href="https://www.benzinga.com/quote/BIRK/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Telsey Advisory Group raised RH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RH#NYSE">RH</a>) price target from $485 to $500. Telsey Advisory Group analyst Cristina Fernandez upgraded the stock from Market Perform to Outperform. RH shares closed at $396.39 on Wednesday. <a href="https://www.benzinga.com/quote/RH/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Deutsche Bank cut PPG Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPG#NYSE">PPG</a>) price target from $150 to $145. Deutsche Bank analyst David Begleiter maintained a Buy rating. PPG shares closed at $121.25 on Wednesday.  <a href="https://www.benzinga.com/quote/PPG/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Wells Fargo raised C4 Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCCC#NASDAQ">CCCC</a>) price target from $8 to $12. Wells Fargo analyst Derek Archila upgraded the stock from Equal-Weight to Overweight. C4 Therapeutics shares closed at $3.6550 on Wednesday. See how other analysts view this stock.</li>
<li>Jefferies raised the price target for SentinelOne, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/S#NYSE">S</a>) from $27 to $30. Jefferies analyst Joseph Gallo upgraded the stock from Hold to Buy. SentinelOne shares settled at $22.05 on Wednesday. <a href="https://www.benzinga.com/quote/S/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Stifel raised DT Midstream, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DTM#NYSE">DTM</a>) price target from $89 to $106. Stifel analyst Selman Akyol upgraded the stock from Hold to Buy. DT Midstream shares closed at $95.41 on Wednesday. <a href="https://www.benzinga.com/quote/DTM/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>UBS increased AT&amp;T Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) price target from $25 to $30. UBS analyst John Hodulik maintained a Buy rating. AT&amp;T shares closed at $22.48 on Wednesday. <a href="https://www.benzinga.com/quote/T/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Read This Next: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/12/42569953/dow-dips-over-1100-points-falling-for-10th-session-as-powell-adopts-hawkish-stance-greed-index-moves-to-fear-zone">Dow Dips Over 1,100 Points, Falling For 10th Session As Powell Adopts Hawkish Stance: Greed Index Moves To &#8216;Fear&#8217; Zone</a></li>
</ul>

Markets

BKNG

CCCC

AT&T To Rally More Than 33%? Here Are 10 Top Analyst Forecasts For Thursday

UBS analyst David Vogt maintains Jabil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBL#NYSE">JBL</a>) with a Neutral and raises the price target from $128 to $152.

UBS Maintains Neutral on Jabil, Raises Price Target to $152

Goldman Sachs analyst Mark Delaney maintains Jabil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBL#NYSE">JBL</a>) with a Buy and raises the price target from $145 to $160.

Goldman Sachs Maintains Buy on Jabil, Raises Price Target to $160

Wall Street inched marginally higher during Wednesday morning trading in New York, with traders remaining on edge ahead of the eagerly anticipated Federal Reserve meeting scheduled for 2 p.m. ET, followed by Fed Chair Jerome Powell&#8216;s press conference <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42554114/all-eyes-on-december-fed-meeting-as-traders-await-interest-rate-projections">at 2:30 p.m. ET.</a>
The Fed is widely expected to reduce interest rates by 25 basis points to a target range of 4.25%-4.50%. Yet, the market&#8217;s reaction is likely to hinge on the updated economic projections and Powell&#8217;s commentary on future policy direction.
The semiconductor sector rebounded strongly, with the iShares Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NASDAQ">SOXX</a>) climbing 0.9% after a 1.6% dip on Tuesday. Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) surged 3.6%, on track to mark its best single-day gain in a month and to snap a four-day losing streak. The jump followed Nvidia&#8217;s announcement of a new $249 Jetson computer for AI applications, significantly cheaper than its predecessor priced at $499.
In currency markets, the U.S. dollar edged 0.2% higher, with the DXY index breaking above 107, its highest level in three weeks. Treasury yields were steady, with the 10-year yield holding at 4.40% as traders awaited the Fed&#8217;s decision.
Commodities presented a mixed picture: gold slipped 0.4%, while WTI crude gained 1.2%, supported by a larger-than-expected drawdown in U.S. crude inventories.
The cryptocurrency market took a breather after recent strong gains, with Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) down 1.8%, trading below the $105,000 mark.
<h1 class="wp-block-heading">Wednesday&#8217;s Performance In Major U.S. Indices, ETFs</h1>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day % chg</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>43,597.75</td>
<td>0.3%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>6,063.18</td>
<td>0.2%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,337.19</td>
<td>0.1%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>22,010.91</td>
<td>0.0%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:10 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent121824&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rose 0.2% to $605.62.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;rose 0.4% to $437.08.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) held steady at $535.84.</li>
<li>The&nbsp;iShares Russell 2000 ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) edged 0.2% up to $231.42.</li>
<li>The&nbsp;Technology Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) outperformed, up by 0.4%; the&nbsp;Real Estate Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLRE#NYSE">XLRE</a>) lagged, down 0.4%.</li>
</ul>
<h1 class="wp-block-heading">Wednesday&#8217;s Stock Movers</h1>
<ul>
<li>Micron Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) rose 2.4% ahead of its fiscal first-quarter earnings report. Analysts anticipate adjusted earnings of $1.76 per share on revenue of $8.7 billion for the quarter.</li>
<li>Stocks reacting to earnings reports included General Mills Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GIS#NYSE">GIS</a>), down 3%; Jabil Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBL#NYSE">JBL</a>), up 9.6% and Heico Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HEI#NYSE">HEI</a>), down 8.7%.</li>
</ul>
Read Now: 
<ul>
<li><a href="https://www.benzinga.com/news/econ-s/24/12/42544060/how-to-invest-1000-in-regional-banks-for-2025-top-wall-street-analyst-reveals-his-top-picks">How To Invest $1,000 In Regional Banks For 2025: Top Wall Street Analyst Reveals His Top Picks</a></li>
</ul>
Photo: Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Macro Economic Events

Broad U.S. Equity ETFs

Econ #s

Economics

Federal Reserve

ETFs

$BTC

SPDR Dow Jones Industrial Average ETF Trust

NVDA

iShares PHLX SOX Semiconductor Sector Index Fund

SOXX

XLRE

Select Sector SPDR-Consumer Discretionary

Stocks Inch Up Ahead Of Fed Decision, Nvidia Set To Snap Four Straight Losses, Bitcoin Slips: What's Driving Markets Wednesday?

U.S. stocks were higher, with the Dow Jones index gaining around 150 points on Wednesday.
Shares of Worthington Enterprises, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOR#NYSE">WOR</a>) rose sharply during Wednesday's session as the company posted better-than-expected <a href="https://www.benzinga.com/news/earnings/24/12/42551215/worthington-enterprises-delivers-q2-earnings-beat-growth-in-building-products-drives-momentum">results for its second quarter</a>.
On Tuesday, the company reported a net sales decline of 8% year over year to $274.0 million, beating the consensus of $273.77 million. The decline was attributed to the deconsolidation of the former Sustainable Energy Solutions segment. Adjusted EPS of 60 cents exceeded the consensus of 52 cents.
Worthington Enterprises shares jumped 14.4% to $43.72 on Wednesday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>KULR Technology Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KULR#NASDAQ">KULR</a>) shares jumped 59% to $2.29 after the company announced it regained NYSE stockholders&#8217; equity required compliance status.</li>
<li>Quantum Computing Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUBT#NASDAQ">QUBT</a>) gained 30.1% to $21.85 on continued strength, after the company on Tuesday announced it was awarded a prime contract by NASA to apply Dirac-3 for imaging and data processing support.</li>
<li>SkyWater Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SKYT#NASDAQ">SKYT</a>) surged 21.6% to $15.90.</li>
<li>SoundHound AI, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOUN#NASDAQ">SOUN</a>) rose 19.1% to $23.09.</li>
<li>POET Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POET#NASDAQ">POET</a>) shares gained 18.3% to $5.26.</li>
<li>Exodus Movement, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXOD#NASDAQ">EXOD</a>) jumped 15.5% to $45.00.</li>
<li>Rezolve AI Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RZLV#NASDAQ">RZLV</a>) gained 15.5% to $3.80 as the company announced a $49 million equity conversion by leading investors.</li>
<li>FormFactor, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FORM#NASDAQ">FORM</a>) rose 11.5% to $48.90.</li>
<li>Jabil Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBL#NYSE">JBL</a>) gained 10% to $147.38 following better-than-expected quarterly results.</li>
<li>EnerSys (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ENS#NYSE">ENS</a>) gained 8.7% to $99.52.</li>
<li>Archer Aviation Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACHR#NYSE">ACHR</a>) shares rose 7.2% to $9.75. Cantor Fitzgerald analyst Andres Sheppard maintained Archer Aviation with an Overweight and raised the price target from $10 to $13.</li>
<li>QuantumScape Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QS#NYSE">QS</a>) gained 6.7% to $5.66.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/12/42551008/top-3-health-care-stocks-that-may-explode-in-q4">Top 3 Health Care Stocks That May Explode In Q4</a></li>
</ul>

Intraday Update

ACHR

EXOD

FORM

KULR

POET

QUBT

RZLV

SKYT

SOUN

Worthington Enterprises Posts Upbeat Results, Joins Jabil, Archer Aviation And Other Big Stocks Moving Higher On Wednesday

Jabil shares are trading higher after the company reported better-than-expected Q1 financial results and raised its FY25 guidance.

On Wednesday, Jabil Inc&nbsp;(NYSE:&nbsp;JBL) reported first-quarter revenue of $6.99 billion, down by 16.6% year-on-year, beating the&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/12/b42550964/jabil-posts-strong-first-quarter-results" rel="noreferrer noopener">analyst consensus estimate&nbsp;of $6.61 billion</a>.&nbsp;
The print manufacturing company&#8217;s adjusted EPS of $2.00 beat the&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">analyst consensus estimate of $1.88</a>. The stock price gained after the print.
Also Read: <a target="_blank" href="https://www.benzinga.com/media/24/12/42550951/salesforce-doubles-ai-hiring-goal-to-add-2k-sales-roles" rel="noreferrer noopener">Salesforce Doubles AI Hiring Goal, To Add 2K Sales Roles</a>
Segments: Regulated Industries <a target="_blank" href="https://investors.jabil.com/financials/quarterly-results/default.aspx" rel="noreferrer noopener">revenue declined&nbsp;by</a> 7% Y/Y, Intelligent Infrastructure revenue grew by&nbsp;5% Y/Y, and Connected Living &amp; Digital Commerce revenue decreased by 46% Y/Y.
As of November 30, 2024, the company held $2.06 billion in cash and equivalents. Operating cash flow for the quarter totaled $312 million, with an adjusted free cash flow of $226 million.
CEO Mike Dastoor attributed the quarterly performance to incremental strength in the company&#8217;s Cloud, Data Center Infrastructure, and Digital Commerce end-markets.
Q2 Outlook: Jabil expects first-quarter revenue of $6.1 billion – $6.7 billion (<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">consensus: $6.27 billion</a>) and adjusted EPS to $1.60 – $2.00 (consensus: $1.79).
FY25 guidance: The company expects revenue of $27.3 billion (<a target="_blank" href="https://www.benzinga.com/news/earnings/24/09/41045374/jabils-q4-earnings-beat-1b-buyback-fy25-guidance-and-more" rel="noreferrer noopener">prior $27.0 billion</a>) versus consensus of $27.03 billion and adjusted EPS of $8.75 (prior $8.65) versus estimate of $8.69.
Jabil&nbsp;stock gained 5% year-to-date. In November, on CNBC&#8217;s &#8220;Mad Money Lightning Round,&#8221; Jim Cramer <a target="_blank" href="https://www.benzinga.com/trading-ideas/long-ideas/24/11/41847971/jim-cramer-this-tech-stock-is-a-buy-sofi-technologies-is-good" rel="noreferrer noopener">encouraged investors to</a> buy shares of Jabil, calling it &#8220;a great company.&#8221;
Price Action: JBL stock is up 10.60% at $148.10 premarket at the last check on Wednesday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/24/12/42537434/meta-fined-264-million-over-2018-facebook-data-breach-in-europe" target="_blank" rel="noreferrer noopener">Meta Fined $264 Million By EU Watchdog Over 2018 Facebook Data Breach</a></li>
</ul>
Image via Jabil

Earnings

Guidance

Tech

Jabil Q1 Earnings: Revenue And EPS Beat, Cloud and Data Center Growth, Raises Annual Outlook

Fiscal Year 2025 Outlook:
<figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="1" rowspan="1">• Net revenue</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$27.3 billion</td>
</tr>
<tr>
<td colspan="1" rowspan="1">• Core operating margin (Non-GAAP)</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">5.4%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">• Core diluted earnings per share (Non-GAAP)</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$8.75 per diluted share</td>
</tr>
<tr>
<td colspan="1" rowspan="1">• Adjusted free cash flow (Non-GAAP)</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$1.2 billion</td>
</tr>
</tbody>
</table>
</figure>

Jabil Expects FY25 Revenue Of $27.3B (Prior $27B) Vs $27.03B Est, Adj EPS Of $8.75 (Prior $8.65) Vs $8.69 Est

Second Quarter of Fiscal Year 2025 Outlook:
<figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="1" rowspan="1">• Net revenue</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$6.1 billion to $6.7 billion</td>
</tr>
<tr>
<td colspan="1" rowspan="1">• U.S. GAAP operating income</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$183 million to $263 million</td>
</tr>
<tr>
<td colspan="1" rowspan="1">• U.S. GAAP diluted earnings per share</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$0.69 to $1.27 per diluted share</td>
</tr>
<tr>
<td colspan="1" rowspan="1">• Core operating income (Non-GAAP)</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$286 million to $346 million</td>
</tr>
<tr>
<td colspan="1" rowspan="1">• Core diluted earnings per share (Non-GAAP)</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$1.60 to $2.00 per diluted share</td>
</tr>
</tbody>
</table>
</figure>
 &nbsp;

Jabil Expects Q2 Revenue Of $6.1B-$6.7B Vs $6.27B Est, Adj EPS Of $1.60-$2.00 Vs $1.79 Est

Jabil shares are trading higher after the company reported better-than-expected Q1 EPS and revenues.

Jabil: Growth Acceleration To Be Driven By AI Revenue

4 Strong Stock Charts For 2025 (Technical Analysis)

In a regulatory filing, Jabil (JBL) disclosed that on December 27, the company issued a warrant to Amazon.com NV Investment Holdings (AMZN) to acqu...

Jabil issued warrant for Amazon.com to acquire up to 1,158,539 ordinary shares

Jabil issues warrant for up to 1.16M shares to Amazon

Notable gainers among liquid option names this morning include Vistra Energy (VST) $158.01 +8.35, Jabil Circuit (JBL) $148.80 +5.97, Constellation ...

Early notable gainers among liquid option names on January 3rd

Jabil (JBL) shares are up 4%, or $6.02, to $148.95 in morning trading. Published first on TheFly – the ultimate source for real-time, market-moving...

Jabil jumps after granting Amazon warrant to buy up to 1.16M shares

Top S&P, Nasdaq winners as Wall Street breaks losing streak with 2025 action underway

Electronic manufacturer Jabil ($JBL) gained about 5% on Friday after granting a warrant to Amazon.com NV Investment Holdings LLC, a subsidiary of A...

Jabil Stock Rises 5% After Granting Amazon a Share Purchase Warrant

Barclays lays out 2025 thoughts on Apple, networking and other areas of tech

Corporate candidates to announce accelerate share buybacks: Trivariate

AMAT

ANET

ATGE

AXON

AZEK

AZTA

CACI

CDNS

CIEN

CSCO

DELL

FLEX

GWRE

HALO

HLIT

JNPR

KEYS

KLAC

MELI

MPWR

MRVL

MSTR

NTAP

NTNX

PLTR

PSTG

SMCI

SNPS

TSLA

WING

ZBRA

Press Releases

Jabil Expands Silicon Photonics Capabilities to Enable Next-Generation AI and Data Center Technologies

Jabil Posts Fourth Quarter and Fiscal Year 2024 Results

Jabil Acquires Mikros Technologies to Support Demand for Liquid Cooling in AI Data Centers

Jabil Introduces New High-Performance, Purpose-Built AMD and Intel Servers Optimized for AI, FinTech, and Cloud Applications

Axiado and Jabil Collaborate to Deliver AI-Driven, Hardware-Anchored Platform Security and OCP-Compliant Server Solutions

Jabil Declares Quarterly Dividend

Jabil and Cyferd Unveil ID8 Global, a Joint Venture Launching Groundbreaking AI-Driven, Fully Autonomous Supply Chain Platform

Comments

Jabil

Jabil (JBL) Forecast

Jabil (NYSE:JBL) Stock, Quote.Headers.trade-ideas

Popular Channels

Tools & Features

Partners & Contributors

About Benzinga