Brokerages raise Jabil PT after Q3 earnings tops estimates
** Shares of electric components maker Jabil JBL.N up 1% at $199 in premarket trade
** Co on Tuesday posted Q3 earnings which beat Wall Street estimates
** J.P.Morgan expects co's 2025 revenue and earnings to track ahead of consensus expectations driven by robust outlook for cloud and data center infrastructure
** Barclays says JBL's new U.S. site will support artificial intelligence related business for both existing and new customers and also expects it to start contributing to revenue in FY 2027
** Both brokerages rate the stock 'overweight'
** Eight of 11 brokerages rate the stock "buy" or higher, three "hold"; their median PT is $197.50- data compiled by LSEG
** As of last close, stock had risen 36.8% YTD
Brokerage | New PT | Old PT | Upside from the stock's last close |
J.P.Morgan | $214 | $180 | 8.7% |
Barclays | $223 | $206 | 13.3% |
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