$JBL

Jabil Inc. (JBL), a $33.8B electronic manufacturing services provider, reported Q3 2026 adjusted EPS of $3.16 and revenue of $8.75B, exceeding expectations. The company raised its fiscal 2026 guidance, citing strong AI data-center demand and new partnerships. Shares have surged 58.6% over 52 weeks, outperforming the S&P 500. Analysts rate it a 'Strong Buy' with a mean price target of $451.18.

Jabil (JBL) says AI data-center buildout demand is driving growth, with AI-related revenues expected at about $13.6B in fiscal 2026 versus $9B in fiscal 2025. It is expanding manufacturing in the US, Mexico and India and adding hyperscale customers. The article cites component supply constraints and competitor updates for Flex (FLEX) and Celestica (CLS).

Wall Street analyst upgrades and visibility picks highlighted Five Below, Intuitive Machines, Micron, Jabil, and Newmont. Five Below: Jefferies raised target to $350; fiscal 2025 sales $4.76B. Intuitive Machines: backlog $1.8B; Q2 revenue $206M; 2026 revenue $900M-$1B. Micron: UBS $1,625 target; Q3 revenue $41.46B. Jabil: Q3 revenue $8.8B; AI-linked revenue to $20.3B by FY2027. Newmont: Q1 free cash flow $3.1B; buyback authorization +$6B.

Stocks ended lower ahead of Wednesday’s CPI. Oil fell briefly after Pakistan said the US and Iran are close to an arrangement to reopen the Strait of Hormuz, but Iran said it would keep it shut until conditions are met. Treasuries rose on CPI anticipation. Notable movers included DDOG, ADBE, ORCL, KKR, APO, and ONON after weak sales; AMTM cut guidance; RPD raised EPS outlook.

Markets were mostly higher as investors weighed President Trump’s harder stance toward Iran, reducing expectations for a near-term deal to reopen the Strait of Hormuz. Oil, Treasury yields, and European bonds moved accordingly. US movers included ASML, KLA, Rapid7 (raised EPS forecast), Jabil (UBS upgrade), and Riot Platforms (cloud deal).

The article says electronics-manufacturing services (EMS) firms are rising on AI infrastructure spending and faster data-center networking (400G, 800G, 1.6T), plus outsourcing and automation. It highlights Celestica (CLS), Plexus (PLXS), Sanmina (SANM), and Jabil (JBL) with stock performance and guidance figures, including Celestica FY26 revenue $20.5B and EPS $11.30.

US stocks weakened late in the session, with the S&P 500 down 0.3% and Nasdaq down 0.6%. Google fell another 3.5% after leadership changes and concerns about Gemini, despite a claim of 1 billion users. The article links a $500 billion AI capex fundraising theme to gains in KKR (+6.43%) and Apollo (+6.06%), while AppLovin fell 5.63%.

Wall Street closed lower on Aug 11 as optimism for a US-Iran deal faded. Amazon fell 2.1% and Alphabet dropped 3.8%, weighing on the S&P 500 and Nasdaq. Brent held near one-week highs and the S&P 500 energy index rose 1.1%. S&P 500 fell 0.32% to 7,728.20; Nasdaq down 0.6% to 26,445.45. Inflation data and Fed expectations remained key.

Midday movers included Jabil, up 5% after a UBS upgrade to Buy, and AppLovin, down 5% after Bank of America downgraded to neutral and cut its price target to $400. Aramark rose 9% after Q3 beat and raised forecast. Under Armour fell 8% on a Barclays downgrade. Upwork dropped 13% on weaker guidance. Fermi jumped 22% after a first binding lease with TensorWave for 222 MW and about $6.5B contracted revenue.

UBS upgraded Jabil (JBL) to Buy from Neutral, citing stronger AI-driven demand and a more diversified business mix. UBS kept a $430 price target and raised fiscal 2027 and 2028 EPS estimates to $16.78 and $20.24. It expects AI revenue to grow at least 50% in FY2027 to about $20.3B, supported by hyperscalers including Amazon, Meta and Google.