Analyst Consensus ?
ConsensusBuy23 ratings
Bullish1460.9%
Neutral939.1%
Bearish00.0%
Jabil Inc. · JBL · FY2024 Q4 · Calendar Q3 2024
Jabil pairs FY25 growth plans with capacity and auto-market risks
Jabil's FY25 case rests on modest growth from AI and data-center infrastructure, healthcare, renewables, and warehouse automation, supported by strong cash generation and lower capital intensity. The counterweight is execution: excess capacity, soft automotive demand, pricing pressure, and the need to convert new capabilities into profitable growth.
Reported Before market openNYSETechnology
$29.16B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$2.30
Consensus $2.22
EPS surprise
+3.6%
Reported versus consensus
Reported revenue
$6.96B
Consensus $6.59B
Revenue surprise
+5.7%
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
+11.7%
Event window
SPY move
+0.4%
Same window
Abnormal move
+11.3%
Stock minus SPY
Volume
2.2×
Versus trailing sessions
Subsequent drift
-1.3%
Up to 20 sessions
JBLSPY benchmark
Ask FN2 about JBL FY2024 Q4
Transcript, numbers and history already loaded
Why did JBL rise 11.7% after beating EPS estimates in FY2024 Q4?What changed in JBL's guidance and outlook in FY2024 Q4?Give me the bull and bear case for JBL after FY2024 Q4 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
The company completed the $2.2 billion Mobility divestiture, reorganized reporting into three segments, announced a $1 billion FY25 repurchase authorization, and outlined lower capex expectations. It also highlighted a transaction to add silicon-photonics OSAT and process-development capabilities.
Guidance delta
Management set FY25 guidance at $27 billion of revenue, 5.4% core margin, and $1.2 billion of free cash flow, with 80% of cash flow targeted for shareholder returns.
Key takeaways
- Jabil completed the Mobility divestiture and is shifting toward AI infrastructure, healthcare, renewables, and warehouse automation.
- Management highlighted $1 billion-plus of free cash flow, a strong balance sheet, and lower expected capex.
- The main execution risks are excess capacity, soft automotive demand, pricing pressure, and uncertainty around tariffs and incentives.
Management priorities
- Scale silicon photonics and advanced packaging for AI infrastructure.
- Expand liquid-cooling services and grow operations in India, Croatia, and the Dominican Republic.
- Execute the three-segment organizational structure while returning 80% of free cash flow to shareholders.
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Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$278.25Current
$90Low
$325.25Average
$475High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 18, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| JP Morgan | Overweight | Overweight | Maintain | Oct 1, 2026 |
| Barclays | Overweight | Overweight | Maintain | Oct 1, 2026 |
| Argus Research | Buy | Buy | Maintain | Oct 1, 2026 |
| Goldman Sachs | Buy | Buy | Maintain | Sep 8, 2026 |
| UBS | Buy | Neutral | Upgrade | Aug 11, 2026 |
| Stifel | Buy | Buy | Maintain | Jun 18, 2026 |
| Raymond James | Strong Buy | Strong Buy | Maintain | Jun 18, 2026 |
| Baird | Outperform | Outperform | Maintain | Jun 18, 2026 |
| B of A Securities | Buy | Buy | Maintain | Apr 20, 2026 |
| Credit Suisse | Outperform | Outperform | Maintain | Jun 16, 2023 |
| Citigroup | Buy | Buy | Maintain | Jun 17, 2022 |
| RBC Capital | Sector Perform | Sector Perform | Maintain | Sep 25, 2020 |
| Standpoint Research | Hold | Buy | Downgrade | Nov 1, 2019 |
| Stifel Nicolaus | Hold | Hold | Maintain | Sep 25, 2019 |
| B. Riley FBR | Neutral | Buy | Downgrade | May 5, 2018 |
| Argus | Hold | Buy | Downgrade | May 5, 2018 |
| B. Riley Securities | Neutral | Buy | Downgrade | Dec 7, 2016 |
| Needham | Hold | Buy | Downgrade | Sep 23, 2016 |
| Deutsche Bank | Hold | Hold | Maintain | Sep 22, 2016 |
| Cross Research | Buy | Hold | Upgrade | Mar 16, 2015 |
| Scotiabank | Outperform | Perform | Upgrade | Jul 22, 2014 |
| Longbow Research | Neutral | Buy | Downgrade | Dec 18, 2013 |
| Bank of America | Buy | Buy | Maintain | Mar 18, 2013 |
Named analyst price targets
Upside is calculated against the persisted current price $278.25. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Barclays | Analyst unavailable | $378 | $286.68 | +35.8% | Oct 1, 2026 |
| Goldman Sachs | Analyst unavailable | $375 | $310.57 | +34.8% | Sep 8, 2026 |
| Argus Research | Analyst unavailable | $475 | $369.89 | +70.7% | Jun 18, 2026 |
| Raymond James | Melissa Fairbanks | $450 | $377.05 | +61.7% | Jun 18, 2026 |
| Needham | Analyst unavailable | $470 | $374.98 | +68.9% | Jun 18, 2026 |
| UBS | Analyst unavailable | $430 | $374.98 | +54.5% | Jun 18, 2026 |
| Stifel Nicolaus | Analyst unavailable | $460 | $374.98 | +65.3% | Jun 18, 2026 |
| Robert W. Baird | Luke Junk | $440 | $374.98 | +58.1% | Jun 18, 2026 |
| Goldman Sachs | Analyst unavailable | $482 | $374.98 | +73.2% | Jun 18, 2026 |
| Barclays | Analyst unavailable | $426 | $374.98 | +53.1% | Jun 18, 2026 |
| Stifel Nicolaus | Ruben Roy | $430 | $384.85 | +54.5% | Jun 15, 2026 |
| Raymond James | Melissa Fairbanks | $425 | $362.38 | +52.7% | Jun 10, 2026 |
| UBS | Analyst unavailable | $380 | $363.95 | +36.6% | Jun 9, 2026 |
| Goldman Sachs | Analyst unavailable | $384 | $345.15 | +38.0% | May 21, 2026 |
| UBS | David Vogt | $254 | $249.75 | -8.7% | Mar 10, 2026 |
| Goldman Sachs | Analyst unavailable | $282 | $249.06 | +1.3% | Jan 15, 2026 |
| UBS | David Vogt | $244 | $210.53 | -12.3% | Dec 18, 2025 |
| Barclays | Analyst unavailable | $283 | $216.1 | +1.7% | Dec 18, 2025 |
| Goldman Sachs | Mark Delaney | $255 | $216.1 | -8.4% | Dec 18, 2025 |
| Goldman Sachs | Analyst unavailable | $265 | $216.1 | -4.8% | Dec 18, 2025 |
| UBS | Analyst unavailable | $241 | $215.84 | -13.4% | Sep 28, 2025 |
| Barclays | Tim Long | $267 | $215.84 | -4.0% | Sep 26, 2025 |
| Raymond James | Melissa Fairbanks | $260 | $210.2 | -6.6% | Sep 25, 2025 |
| Barclays | Analyst unavailable | $184 | $145.22 | -33.9% | Mar 21, 2025 |
| Stifel Nicolaus | Matthew Sheerin | $140 | $126.65 | -49.7% | Sep 27, 2024 |
| Bank of America Securities | Ruplu Bhattacharya | $150 | $122.34 | -46.1% | Sep 27, 2024 |
| Bank of America Securities | Ruplu Bhattacharya | $135 | $112.43 | -51.5% | Sep 20, 2024 |
| UBS | David Vogt | $137 | $114.52 | -50.8% | Jun 21, 2024 |
| Goldman Sachs | Mark Delaney | $132 | $111.79 | -52.6% | Jun 20, 2024 |
| Goldman Sachs | Mark Delaney | $161 | $123.76 | -42.1% | Jun 17, 2024 |
| Goldman Sachs | Mark Delaney | $143 | $117.79 | -48.6% | May 21, 2024 |
| Wolfe Research | Steven Milunovich | $140 | $122.18 | -49.7% | May 20, 2024 |
| Stifel Nicolaus | Matthew Sheerin | $135 | $127 | -51.5% | Sep 29, 2023 |
| UBS | Analyst unavailable | $76 | $72.05 | -72.7% | Dec 13, 2022 |
| Goldman Sachs | Mark Delaney | $69 | $62.24 | -75.2% | Jun 7, 2022 |
| Citigroup | Jim Suva | $90 | $62.69 | -67.7% | Mar 18, 2022 |
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Start freeCompany context
Snapshot as of publicationJabil Inc. is a global provider of manufacturing services and comprehensive solutions. The company organizes its operations into two main divisions: Electronics Manufacturing Services (EMS) and Diversified Manufacturing Services (DMS). Its offerings span the entire lifecycle of electronic products, from initial design and production to ongoing product management. Jabil provides a range of electronic design services, including the creation of application-specific integrated circuits (ASIC), firmware development, and rapid prototyping capabilities. They also engineer custom plastic and metal enclosures, integrating essential electromechanical components such as printed circuit board assemblies (PCBAs). Furthermore, Jabil excels in advanced three-dimensional mechanical design, performing detailed analysis of electronic, electromechanical, and optical assemblies. This is complemented by various industrial design services, mechanism development, and tooling management.…
Historical context
All JBL earningsTechnology peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| WIT Wipro Limited | FY2027 Q2 · Calendar Q4 2026 | -25.0% | +3.9% | Wipro: AI pipeline expands as Q3 guidance stays narrow |
| TSM Taiwan Semiconductor Manufacturing Company Limited | FY2026 Q3 · Calendar Q4 2026 | +3.4% | -1.8% | TSMC beats Q3 guidance as AI demand drives fab expansion |
| ERIC Telefonaktiebolaget LM Ericsson (publ) | FY2026 Q3 · Calendar Q4 2026 | +28.6% | +11.8% | Ericsson Q3: 7% organic growth, resilient margins and AI-led demand |
| ASML ASML Holding N.V. | FY2026 Q3 · Calendar Q4 2026 | +20.4% | -3.9% | ASML: Record Q3, strong AI demand and broader capacity plans |
Latest beats and misses
Who reports nextBeat on EPS
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Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2024-10-17T05:10:49.140638+00:00
- Polygon adjusted daily market bars · 2026-10-18T12:40:39.978239+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-18T12:40:39.975384+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-18. For educational purposes only; not investment advice.