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Gary K. Schick, Senior Vice President and Chief Human Resources Officer, on July 15, 2026, sold 1,000 shares in Jabil (JBL) for $319,857. Following the Form 4 filing with the SEC, Schick has control over a total of 38,894 common shares of the company, with 38,894 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/898293/000122520826006639/xslF345X05/doc4.xml
Jabil (JBL) has an average rating of overweight and mean price target of $387, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $381.63, Change: $+6.12, Percent Change: +1.63%
Jabil (JBL) raised its full-year outlook on Wednesday as the manufacturing solutions provider logged stronger-than-expected fiscal third-quarter results amid robust demand for artificial intelligence infrastructure.For fiscal 2026, the company now anticipates core earnings of $12.70 per share and revenue of $35 billion, up from its prior guidance that called for $12.25 and $34 billion, respectively. Analysts in a FactSet poll project non-GAAP EPS of $12.35 and sales of $34.17 billion.For the quarter ended May 31, Jabil's core EPS rose to $3.16 from $2.55 a year earlier, surpassing the consensus estimate of $3.10. Revenue grew 12% to $8.75 billion, while analysts expected $8.61 billion.Shares of Jabil rose 4.1% in Wednesday trade."AI infrastructure demand remains extremely strong, and our full-year AI-related revenue outlook is now meaningfully higher," Chief Executive Mike Dastoor said in a statement on Wednesday.Jabil raised its full-year AI revenue outlook to $13.6 billion from $13.1 billion, Dastoor said on a conference call, according to a FactSet transcript. The company recorded $9 billion in AI revenue in fiscal 2025.Dastoor expects Jabil's fiscal 2027 AI revenue to grow at an annual pace similar to 2026.Third-quarter revenue in the regulated industries segment increased 4% year on year, while intelligent infrastructure sales jumped 21%, the company said in an earnings presentation. Connected living and digital commerce grew 5%."We continued to see better-than-expected performance in areas of the portfolio that had previously been under pressure, particularly in automotive and connected living," Dastoor said in the statement.For the ongoing quarter, Jabil expects core EPS of $3.80 to $4.20 on revenue of $9.2 billion to $10 billion. Analysts are looking for non-GAAP EPS of $3.72 and $8.97 billion, respectively.Price: $389.71, Change: $+14.20, Percent Change: +3.78%
The main US stock measures were mostly pointing higher in Wednesday's premarket activity as traders await the Federal Reserve's monetary policy decision later in the day, the first under new Chair Kevin Warsh.The S&P 500 edged up 0.1% and the Nasdaq rose 0.5% before the opening bell, while the Dow Jones Industrial Average slipped 0.1%. The Dow recorded a new closing high Tuesday for the second consecutive session, while the S&P 500 and the Nasdaq finished lower.US markets will be closed on Friday for the Juneteenth National Independence Day holiday.The Fed's monetary policy committee will announce its latest decision on interest rates at 2 pm ET. Markets widely expect the central bank to keep interest rates unchanged for a fourth consecutive time, according to the CME FedWatch tool.Warsh, who assumed the Fed chair role last month, is expected to hold a press conference at 2:30 pm.The central bank's latest "dot plot" will likely show that most officials expect monetary policy to be "stagnant" for the rest of the year amid concerns over inflation, Stifel said Tuesday. "The (Federal Open Market Committee) is expected to remove the lingering easing bias from the statement, signaling instead an equal probability of the next policy move being a rate cut or a rate hike," according to Stifel.US Treasury yields were up in premarket action, with the two-year rate increasing 0.3 basis points to 4.05% and the 10-year rate adding 0.7 basis points to 4.44%.A draft memorandum of understanding between the US and Iran calls for an immediate and permanent end to hostilities, the lifting of sanctions on Tehran, and negotiations toward a final nuclear agreement, Bloomberg News reported Tuesday, citing a document it reviewed.Under the draft, the US and Iran would begin a 60-day negotiating period aimed at reaching a final agreement, according to Bloomberg. The memorandum is expected to be formally signed in Switzerland on Friday.However, analysts have flagged the possibility of implementation risks and potential disagreements."The path ahead is complex: watch for implementation disagreements, Gulf states' security demands, and Iran's continued leverage over the Strait of Hormuz," Deutsche Bank said in a note on Tuesday.President Donald Trump said Wednesday at the G7 conference that the proposed memorandum of understanding with Iran is "not final" and the US will "go right back to dropping bombs" if he doesn't like the Iran deal, CNBC reported.West Texas Intermediate crude oil increased 0.4% to $76.36 a barrel before the open, while Brent moved up 0.5% to $79.32.Wednesday's economic calendar also has the weekly mortgage applications bulletin at 7 am, followed by the retail sales report for May at 8:30 am. Last month's pending home sales index is out at 10 am, while the weekly EIA domestic petroleum inventories report posts at 10:30 am.Shares of SpaceX (SPCX) advanced 1.9% pre-bell after closing the previous session up 4.8%. SoFi Technologies (SOFI) rose 2% while Netflix (NFLX) nudged 0.1% lower.La-Z-Boy's (LZB) stock jumped 17% as the furniture manufacturer reported a year-over-year gain in fiscal fourth-quarter earnings and said it expects sales to outperform the industry in the ongoing quarter.Jabil (JBL) and CarMax (KMX) are scheduled to report their latest financial results before the bell.Gold slipped 0.1% to $4,348 per troy ounce, while bitcoin fell 1.1% to $64,870.
(Updates with market moves at the end of the day.)The Dow Jones Industrial Average notched a new all-time high on Monday as a framework between the US and Iran to reopen the crucial Strait of Hormuz sent oil prices tumbling.The Dow rose 0.9% to settle at 51,671, topping its previous closing high recorded on June 4. The Nasdaq Composite jumped 3.1% to 26,683.9, while the S&P 500 climbed 1.7% to 7,554.3 -- both indexes advancing for a third consecutive session.Most sectors were in the green, led by technology's 3.4% gain, while energy saw the steepest drop.US markets will be closed Friday for the Juneteenth National Independence Day holiday.The US and Iran have reached an agreement to end their war and reopen the Strait of Hormuz after more than three months of conflict that disrupted regional stability and global shipping routes.The strait -- the world's most important chokepoint for crude flows -- has remained effectively closed since the US-Israel war with Iran began at the end of February.West Texas Intermediate crude oil was down 4.1% at $81.39 a barrel in Monday late-afternoon trade, while Brent fell 4.1% to $83.73.In the US, gasoline prices averaged $4.065 per gallon on Monday, compared with $4.164 a week earlier and $4.528 a month ago, according to AAA, a travel organization that tracks fuel prices in the country.While the US-Iran agreement lifts sentiment, analysts flagged potential implementation risks.US Treasury yields were lower, with the two-year rate last down 1.4 basis points at 4.08% and the 10-year rate falling 1.1 basis points to 4.48%.The Federal Reserve is scheduled to kick-off its two-day monetary policy meeting Tuesday, with Chair Kevin Warsh at the helm for the first time. Policymakers are widely expected to leave their benchmark lending rate unchanged Wednesday, which would mark their fourth consecutive pause, according to the CME FedWatch tool."We expect the Warsh Fed to move slowly on interest rates, especially with expectations for an end to the war," D.A. Davidson said. "The Fed, however, could remove its easing bias (a view that rates will be lower over the medium term)."The central bank's so-called "dot plot" may signal no interest rate cuts until 2028, said UBS Securities, which flagged the possibility of a tighter monetary policy amid the energy price shock stemming from the Middle East conflict.In economic news, US industrial production increased less than estimated in May as nondurable manufacturing fell, while mining output increased, Fed data showed.US homebuilder confidence declined this month as rising material costs and high mortgage rates stoked affordability concerns, the National Association of Home Builders and Wells Fargo said.SpaceX (SPCX) surged 20%, after the Elon Musk-led company finished its trading debut on Friday up 19%.Nvidia (NVDA) rose 3.5%, the second-biggest gainer on the Dow. Nvidia is looking to raise at least $20 billion from its first corporate bond sale since 2021, Bloomberg reported, citing people with direct knowledge of the matter.Micron Technology (MU) shares deserve a higher valuation amid a stronger memory cycle driven by artificial intelligence demand and tight industry supply, RBC Capital Markets said. The brokerage raised its price target for Micron to $1,200 from $525 and maintained an outperform rating.Micron's stock rallied 11%.In company news, Fox (FOX, FOXA) agreed to acquire Roku (ROKU) in a cash-and-stock deal that values the TV streaming platform at about $22 billion, creating a media and technology entity with one of the largest streaming businesses in the US.Fox's class A and B shares slid about 17% and 15%, respectively, the worst performers on the S&P 500, while Roku fell 1.9%.Payoneer (PAYO) agreed to be acquired by Canada's Nuvei in an all-cash transaction valued at about $2.75 billion, creating a global platform for local and cross-border commerce. Payoneer climbed 4.2%.Accenture (ACN), Jabil (JBL) and Kroger (KR) are scheduled to report their latest quarterly financial results later this week.Gold was last up 2.5% at $4,342.80 per troy ounce, while silver rose 3.4% to $70.29 per ounce.
(Updates with latest market prices and developments.)US benchmark equity indexes were higher intraday, while oil prices sank as markets cheered an agreement between Washington and Iran to end their war and reopen the crucial Strait of Hormuz.The Nasdaq Composite was up 3.1% at 26,677.8 after midday Monday, while the S&P 500 rose 1.9% to 7,569.3. The Dow Jones Industrial Average gained 1.3% to 51,878.1. Most sectors were in the green, led by technology's 3.3% advance, while energy saw the steepest drop.On Sunday, US President Donald Trump said that a deal with Iran was "complete" and that he authorized the immediate removal of the US naval blockade of Iranian ports. In a separate social media post, Trump said the Strait of Hormuz will reopen for mine removal upon the signing of the peace agreement, scheduled for Friday in Switzerland.The strait has been effectively shut since the end of February, when the US and Israel launched joint strikes on Iran.West Texas Intermediate crude oil was down 5.3% at $80.41 a barrel intraday Monday, while Brent fell 4.9% to $83.02."The market driver is an alleged peace framework between the US and Iran that does have the advantage of getting oil flowing through the Strait of Hormuz, at least for now," Scotiabank said in a note.Separately, Rystad Energy said the US-Iran peace framework has lifted sentiment, but it will take time for oil supply to improve meaningfully.US Treasury yields were lower intraday, with the two-year rate down 2.5 basis points at 4.06% and the 10-year rate falling 1.5 basis points to 4.47%.The Federal Reserve is scheduled to kick-off its two-day monetary policy meeting Tuesday. Policymakers are widely expected to leave their benchmark lending rate unchanged Wednesday, which would mark their fourth consecutive pause, according to the CME FedWatch tool.The central bank's so-called "dot plot" may signal no interest rate cuts until 2028, said UBS Securities, which flagged the possibility of a tighter monetary policy amid the energy price shock stemming from the Middle East conflict."We have been saying since early March the energy price increase and potential supply disruptions (amid the Iran war) widened the potential outcomes for the future path of the funds rate, including rate hikes," UBS said in a note.In economic news, US industrial production increased less than estimated in May as nondurable manufacturing fell, while mining output increased, Fed data showed.US homebuilder confidence declined this month as rising material costs and high mortgage rates stoked affordability concerns, the National Association of Home Builders and Wells Fargo said."Costly and inefficient regulatory policy is clearly impeding the ability of builders to increase the housing supply," NAHB Chief Economist Robert Dietz said. "Easing permitting bottlenecks, density limits and inefficient zoning rules would help reduce costs and support the housing growth the nation needs."SpaceX (SPCX) was up 14% intraday, after the Elon Musk-led company finished its trading debut on Friday up 19%.Certain other big tech names were also higher intraday Monday, with Nvidia (NVDA) up 3.5%, among the best performers on the Dow. Microsoft (MSFT) rose 2.3%.In company news, Fox (FOX, FOXA) agreed to acquire Roku (ROKU) in a cash-and-stock deal that values the TV streaming platform at about $22 billion, creating a media and technology entity with one of the largest streaming businesses in the US.Fox's class A and B shares were down 16% and 15%, respectively, the worst performers on the S&P 500, while Roku fell 1.8%.Payoneer (PAYO) agreed to be acquired by Canada's Nuvei in an all-cash transaction valued at about $2.75 billion, creating a global platform for local and cross-border commerce. Payoneer shares were up 4.1%.Accenture (ACN), Jabil (JBL) and Kroger (KR) are scheduled to report their latest quarterly financial results later this week, along with others.US markets will be closed Friday for the Juneteenth National Independence Day holiday.Gold was up 2.9% at $4,360.80 per troy ounce, while silver climbed 3.6% to $70.42 per ounce.
The benchmark US stock measures were pointing higher before the opening bell Monday as the US and Iran reached an agreement to end their war and reopen the crucial Strait of Hormuz, while investors prepare for a major policy decision by the Federal Reserve later in the holiday-shortened week.The S&P 500 rose 1.2%, the Dow Jones Industrial Average gained 0.8% and the Nasdaq added 1.9% in premarket activity. The indexes finished Friday trading in the green.US markets will be closed on Friday for the Juneteenth National Independence Day holiday.In a social media post on Sunday, President Donald Trump said a deal with Iran is "complete" and that he authorized the immediate removal of the US naval blockade of Iranian ports. In a separate post, Trump said the Strait of Hormuz will reopen for mine removal upon the signing of the peace agreement, currently scheduled for Friday in Switzerland.West Texas Intermediate crude oil dropped 5.6% to $80.11 a barrel in the most recent premarket activity, while Brent declined 5.2% to $82.77.Trump's posts came after Pakistani Prime Minister Shehbaz Sharif announced on X that a peace deal had been reached between Washington and Tehran, with both sides agreeing to immediately end their military operations on all fronts, including Lebanon.Iran's Supreme National Security Council said a memorandum of understanding regarding the end of war negotiations with the US was "finalized," Iran's Mehr News Agency reported Monday.The Fed's monetary policy committee is scheduled to meet on Tuesday, with a decision on interest rates due on Wednesday. Markets are widely expecting the central bank to keep its key lending rate unchanged for a fourth consecutive meeting, according to the CME FedWatch tool.Treasury yields were down in premarket action, with the two- and 10-year rates retreating 4 basis points each to 4.05% and 4.45%, respectively.Last week, government data showed that annual inflation in the US accelerated to its highest level in three years in May.Monday's economic calendar has the Empire State manufacturing index for June at 8:30 am ET, followed by the industrial production report for May at 9:15 am. The housing market index for the current month is out at 10 am.SpaceX (SPCX) rose 6.1% pre-bell after the Elon Musk-led company finished its trading debut on Friday up 19%. Advanced Micro Devices (AMD) inclined 4.2%, while Nvidia (NVDA) moved 2.1% higher.Accenture (ACN), Jabil (JBL) and Kroger (KR) are scheduled to report their latest financial results later this week.Gold advanced 2.8% to $4,359 per troy ounce, while bitcoin increased 3% to $65,660.
US equity investors will focus this week on Kevin Warsh's inflation assessment at his first rate-setting meeting as the chair of the Federal Reserve, and details of the framework agreement that Washington and Tehran announced over the weekend to end the Iran war.* Wednesday's summary statement will be accompanied by the Fed's Summary of Economic Projections, followed by Warsh's press conference, a Scotiabank note said late Friday. No rate changes are expected, according to the CME FedWatch tool.* Will Warsh seek to tweak 'Inflation is elevated'?, the note said, referring to current language in the Fed policy statement and President Donald Trump's calls to lower interest rates in the final leg of Jerome Powell's chairmanship.* "The [Federal Open Market] Committee would have to agree, but his argument in favour of trimmed mean PCE could invite a modification," the note said, drawing attention to a different gauge that may become the Fed's preferred to assess inflation.* Iran confirmed a deal with the US to end fighting on all fronts, Al Jazeera reported Monday. Trump ended Washington's blockade of Iranian ports and said the Strait of Hormuz will reopen on Friday when a pact is signed in Switzerland, the news report said. The deal comes ahead of the upcoming Group of Seven meeting in France that Trump is attending.* Iran said its nuclear program will be the subject of talks after the deal is signed, Reuters reported. Israel said it will not withdraw from Lebanese territory it has seized and will retaliate if Iran attacks it due to events in Lebanon, the news report added.* Early Monday, West Texas Intermediate crude oil futures were down 5.6% to $80.11 barrel, the US 10-year Treasury yield dropped four basis points to 4.45%, and gold futures jumped 2.8% to $4,359.01 per ounce.* Quarterly earnings due this week include Accenture (ACN), Kroger (KR), and Jabil (JBL).
Gary K. Schick, Senior Vice President and Chief Human Resources Officer, on April 30, 2026, sold 1,000 shares in Jabil (JBL) for $340,000. Following the Form 4 filing with the SEC, Schick has control over a total of 39,843 common shares of the company, with 39,843 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/898293/000122520826004910/xslF345X05/doc4.xml
Steven D Borges, Executive Vice President, Global Business Units, on April 17, 2026, sold 5,126 shares in Jabil (JBL) for $1,627,550. Following the Form 4 filing with the SEC, Borges has control over a total of 71,398 common shares of the company, with 71,398 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/898293/000122520826004572/xslF345X05/doc4.xml
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lift our price target from $272 to $320, ~22x our FY 27 EPS view, reflecting strengthened confidence in JBL's favorable business mix shift toward higher-margin Intelligent Infrastructure. We raise our FY 27 EPS view to $14.70 from $14.00 and keep our FY 26 estimate at $12.25. Our increased conviction is due to multiple converging factors. The ongoing recovery in Regulated Industries is gaining momentum as customers resume capital spending on critical infrastructure projects. Simultaneously, segments like Connected Living & Digital Commerce are undergoing a meaningful transformation toward higher-margin automation and robotics solutions, moving away from lower-margin traditional manufacturing. This positions JBL for accelerating earnings power in FY 27, with initial momentum building throughout FY 26. While we believe JBL is successfully executing its transformation toward a more profitable business model, we think much of this positive trajectory is now reflected in the current valuation.
Rafael Renno, Senior Vice President, Global Business Units, on April 13, 2026, sold 1,000 shares in Jabil (JBL) for $305,000. Following the Form 4 filing with the SEC, Renno has control over a total of 17,208 common shares of the company, with 17,208 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/898293/000122520826004515/xslF345X05/doc4.xml
Steven D Borges, Executive Vice President, Global Business Units, on April 09, 2026, sold 7,000 shares in Jabil (JBL) for $2,065,000. Following the Form 4 filing with the SEC, Borges has control over a total of 76,524 common shares of the company, with 76,524 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/898293/000122520826004488/xslF345X05/doc4.xml
Andrew Priestley, Executive Vice President, Chief Operations Officer, on April 10, 2026, sold 4,000 shares in Jabil (JBL) for $1,204,000. Following the Form 4 filing with the SEC, Priestley has control over a total of 60,267 common shares of the company, with 60,267 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/898293/000122520826004489/xslF345X05/doc4.xml
Michael Dastoor, Director, Chief Executive Officer, on April 08, 2026, sold 9,467 shares in Jabil (JBL) for $2,713,611. Following the Form 4 filing with the SEC, Dastoor has control over a total of 253,099 common shares of the company, with 253,099 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/898293/000122520826004477/xslF345X05/doc4.xml
