Seeking Alpha rates Jabil Inc. as a 'Buy' with a $450 price target. This target suggests a 32% upside.
Jabil increased its fiscal 2026 AI-related revenue forecast by $1 billion. The new outlook totals approximately $13.1 billion. This figure represents a 46% year-over-year increase.
Operating margins drive the company's valuation. Projections show margins at 5.7% in fiscal 2026. These margins should exceed 6% in fiscal 2027.
Strong AI infrastructure demand and a recent win with a third hyperscaler support this growth. Jabil remains a primary beneficiary of AI infrastructure development.