J.P.Morgan raises Jabil's PT, projects higher 2025 earnings

J.P.Morgan raises electric component maker Jabil Inc's JBL.N PT to $180 from $154, showing marginal upside of 0.5% to stock's last close; reiterates 'overweight' rating

Brokerage lifts co's 2025 EPS forecast to $9.05 from $8.86

Expects co's Q3 revenue to be $7.2 bln - which is close to higher end of co's forecast of $6.7 bln-$7.3 bln - due to growth in intelligent infrastructure backed by cloud and data center demand

However, J.P. Morgan adds tariffs from U.S. can result in supply chains moving away from potentially affected regions such as Mexico, Canada and China, further escalating disruptions

*JBL shares down 1% at $177 in morning trading

Eight of 11 brokerages rate stock "buy" or higher, three "hold"; their median PT is $176.06 - data compiled by LSEG

Including session's moves, shares up 23% YTD