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Brokerages raise Jabil PT after Q3 earnings tops estimates

ReutersJun 18, 2025 11:31 AM

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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