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1. Company Snapshot

1.a. Company Description

Jabil Inc.provides manufacturing services and solutions worldwide.The company operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services.


It offers electronics design, production, and product management services.The company provides electronic design services, such as application-specific integrated circuit design, firmware development, and rapid prototyping services; and designs plastic and metal enclosures that include the electro-mechanics, such as the printed circuit board assemblies (PCBA).It also specializes in the three-dimensional mechanical design comprising the analysis of electronic, electro-mechanical, and optical assemblies, as well as offers various industrial design, mechanism development, and tooling management services.


In addition, the company provides computer-assisted design services consisting of PCBA design, as well as PCBA design validation and verification services; and other consulting services, such as the generation of a bill of materials, approved vendor list, and assembly equipment configuration for various PCBA designs.Further, it offers product and process validation services, such as product system, product safety, regulatory compliance, and reliability tests, as well as manufacturing test solution development services.Additionally, the company provides systems assembly, test, direct-order fulfillment, and configure-to-order services.


It serves 5G, wireless and cloud, digital print and retail, industrial and semi-cap, networking and storage, automotive and transportation, connected devices, healthcare and packaging, and mobility industries.The company was formerly known as Jabil Circuit, Inc.and changed its name to Jabil Inc.


in June 2017.Jabil Inc.was founded in 1966 and is headquartered in Saint Petersburg, Florida.

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1.b. Last Insights on JBL

Jabil's recent momentum is driven by its robust Q2 results, with revenue surging 23% to $8.28 billion and profitability exceeding expectations. The Intelligent Infrastructure segment saw a 52% year-over-year increase, fueled by strong AI-related demand and higher pricing. According to Zacks, Jabil has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about its earnings prospects. The company's raised guidance and AI optical-module momentum are also bolstering its diversified end-market strength.

1.c. Company Highlights

2. Jabil Q2 2026: Revenue Surge, AI‑Driven Margins

Jabil reported Q2 revenue of $8.3 billion, eclipsing consensus by 5% and marking a 9.7% YoY jump. Core operating income rose to $436 million, pushing the operating margin to 5.7%, in line with the FY’26 guidance. Core diluted EPS hit $2.69 versus the $2.51 estimate, while the company projects Q3 revenue of $8.1‑$8.9 billion and FY’26 revenue near $34 billion. With a P/E of 39.43 and EV/EBITDA of 17.4, the stock trades on high growth expectations, underpinned by robust cash flow and a free‑cash‑flow yield of 4.66%.

Publication Date: Apr -12

📋 Highlights
  • Intelligent Infrastructure Revenue Surge:: Revenue jumped 52% YoY to $4 billion, driven by DCI, power, and networking growth.
  • AI Revenue Outlook:: AI-related revenue expected to hit $13.1 billion in FY2026, up 46% YoY.
  • Full-Year Guidance Raised:: Revenue now projected at $34 billion (up from $32.4 billion), with core EPS of $12.25 (up from $11.55).
  • Operating Margin Expansion:: 5.7% operating margin guidance for FY2026, with potential to exceed 6% in FY2027.
  • Free Cash Flow Strength:: Adjusted free cash flow expected to exceed $1.3 billion for FY2026.

Intelligent Infrastructure Surge

The Intelligent Infrastructure arm drove a 52% revenue leap to $4 billion, led by cloud, data‑center, power and networking segments. AI‑related revenue is slated to climb 46% YoY to $13.1 billion, underscoring the company’s strategic pivot. Expansion at the Memphis site and new hyperscaler deals in Mexico are expected to fuel further margin accretion, as the segment remains asset‑light with a CapEx/revenue ratio of 1.5‑2%.

Regulated Industries Momentum

Regulated Industries revenue reached $3 billion, up 10% YoY. The automotive portfolio is gaining traction, especially on power‑train‑agnostic platforms, while the company’s shift toward ICE, hybrids and EVs is paying off. Renewables and energy infrastructure are strengthening through commercial installations, providing a more sustainable revenue stream than tax‑incentive‑driven residential projects.

Healthcare & Packaging Upswing

Healthcare and packaging saw an inflection point on the equipment side, driven by minimally invasive equipment and imaging systems that deliver higher margins than injectables and disposables. This shift aligns with the firm’s focus on high‑margin capabilities such as power, liquid cooling and silicon photonics, reinforcing the 6%+ margin target for FY’27.

Digital Commerce Expansion

Digital Commerce continues to grow at double‑digit rates, powered by warehouse automation and robotics. As one of Jabil’s highest‑margin end markets, this segment is set to contribute significantly to the company’s margin trajectory and overall earnings quality, supporting the outlook of 6% operating margin for FY’26 and beyond.

Strategic Outlook & Capital Allocation

Jabil’s capital allocation framework prioritizes share buybacks, with a willingness to pursue strategic M&A. The company is eyeing emerging markets like neocloud for system integration opportunities across compute, networking and power. Despite memory and PCB supply constraints, Jabil’s supply‑chain resilience and proactive risk management keep the guidance on track, and the firm remains confident in achieving its 6%+ margin ambition for FY’27 and beyond.

3. NewsRoom

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Jabil, Inc. $JBL Stock Holdings Increased by Concurrent Investment Advisors LLC

Apr -29

Source: defenseworld.net

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Deltec Asset Management LLC Buys 1,500 Shares of Jabil, Inc. $JBL

Apr -27

Source: defenseworld.net

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Arizona State Retirement System Has $6.71 Million Position in Jabil, Inc. $JBL

Apr -27

Source: defenseworld.net

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Buy 5 Drone Technology Stocks to Boost Your Portfolio Returns in 2026

Apr -21

Source: zacks.com

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Jabil (NYSE:JBL) SVP May Yee Yap Sells 1,634 Shares of Stock

Apr -21

Source: defenseworld.net

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Asset Management One Co. Ltd. Sells 13,047 Shares of Jabil, Inc. $JBL

Apr -21

Source: defenseworld.net

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Lbp Am Sa Sells 23,727 Shares of Jabil, Inc. $JBL

Apr -18

Source: defenseworld.net

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Can Jabil's Alliance With Sivers for AI Data Center Boost Its Shares?

Apr -16

Source: zacks.com

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (9.14%)

6. Segments

Diversified Manufacturing Services

Expected Growth: 8.97%

Jabil Inc.'s Diversified Manufacturing Services segment growth of 8.97% is driven by increasing demand for electronic manufacturing services, particularly in the 5G and cloud infrastructure markets. Additionally, the company's strategic acquisitions and investments in digital transformation, automation, and supply chain optimization have enhanced its operational efficiency and competitiveness.

Electronics Manufacturing Services

Expected Growth: 9.33%

Jabil's Electronics Manufacturing Services (EMS) segment growth of 9.33% is driven by increasing demand for 5G infrastructure, cloud computing, and IoT devices. Additionally, the company's strategic partnerships, operational efficiencies, and investments in digital technologies such as automation and artificial intelligence are contributing to its growth momentum.

7. Detailed Products

Electronics Manufacturing Services

Jabil's Electronics Manufacturing Services provide a comprehensive range of manufacturing solutions, from design and prototyping to production and distribution.

Diversified Manufacturing Services

Jabil's Diversified Manufacturing Services offer customized manufacturing solutions for industries such as healthcare, industrial, and energy.

After-Market Services

Jabil's After-Market Services provide repair, refurbishment, and recycling solutions for electronic products.

Packaging Services

Jabil's Packaging Services offer customized packaging solutions for industries such as consumer electronics and healthcare.

Optical Communications

Jabil's Optical Communications provide design, manufacturing, and testing services for optical communication components.

Cloud and Connected Devices

Jabil's Cloud and Connected Devices offer design, manufacturing, and testing services for IoT devices and cloud infrastructure.

8. Jabil Inc.'s Porter Forces

Forces Ranking

Threat Of Substitutes

Jabil Inc. operates in a highly competitive industry, and the threat of substitutes is moderate. While there are some substitutes available, they are not a significant threat to Jabil's business.

Bargaining Power Of Customers

Jabil Inc. has a diverse customer base, but some of its largest customers have significant bargaining power. This could lead to pricing pressure and affect Jabil's revenue.

Bargaining Power Of Suppliers

Jabil Inc. has a diverse supplier base, and no single supplier has significant bargaining power. This reduces the risk of supply chain disruptions and pricing pressure.

Threat Of New Entrants

The capital requirements and regulatory hurdles in the electronics manufacturing industry make it difficult for new entrants to enter the market. This reduces the threat of new entrants to Jabil's business.

Intensity Of Rivalry

The electronics manufacturing industry is highly competitive, with many established players competing for market share. This intense rivalry could lead to pricing pressure and affect Jabil's revenue.

9. SWOT Analysis

Strength

Weaknesses

Opportunities

Threats

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 53.12%
Debt Cost 9.59%
Equity Weight 46.88%
Equity Cost 11.04%
WACC 10.27%
Leverage 113.33%

11. Quality Control: Jabil Inc. passed 4 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
Teledyne Technologies

A-Score: 5.4/10

Value: 3.1

Growth: 6.3

Quality: 6.8

Yield: 0.0

Momentum: 7.0

Volatility: 9.3

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OSI Systems

A-Score: 4.9/10

Value: 2.6

Growth: 5.9

Quality: 7.1

Yield: 0.0

Momentum: 8.5

Volatility: 5.3

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Jabil

A-Score: 4.8/10

Value: 3.5

Growth: 6.6

Quality: 4.4

Yield: 0.0

Momentum: 9.0

Volatility: 5.3

1-Year Total Return ->

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Vontier

A-Score: 4.6/10

Value: 5.5

Growth: 3.7

Quality: 6.4

Yield: 0.0

Momentum: 5.0

Volatility: 7.3

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Badger Meter

A-Score: 4.5/10

Value: 1.2

Growth: 8.0

Quality: 7.2

Yield: 1.0

Momentum: 3.0

Volatility: 6.7

1-Year Total Return ->

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Plexus

A-Score: 4.2/10

Value: 4.0

Growth: 6.2

Quality: 5.5

Yield: 0.0

Momentum: 3.5

Volatility: 6.0

1-Year Total Return ->

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Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

342.47$

Current Price

342.47$

Potential

-0.00%

Expected Cash-Flows