Bank of America (BofA) kept its Buy rating and $475 price target on Jabil, a contract manufacturer that builds gear for AI data centres and for customers such as Apple. The target is almost 59% above the stock's recent price of about $299. Analysts Ruplu Bhattacharya and Wamsi Mohan made the call after meeting Jabil's leadership in New York City on October 7. They said management's tone was strong. Jabil ended fiscal 2026 with $36 billion in revenue and expects $44.5 billion in fiscal 2027. BofA thinks that forecast is cautious. Three hyperscale clients drive growth. Healthcare, defence, and industrial work gives Jabil what BofA called "adequate downside protection.

Jabil reported fourth-quarter fiscal 2026 core earnings of $4.40 per share, up 33.7% year over year and beating the consensus estimate of $4.06. Net revenues climbed 28.6% to $10.62 billion, exceeding expectations of $9.62 billion by 10.41%. Strong AI infrastructure demand drove growth. Intelligent Infrastructure revenues jumped 56% year over year and represented 55% of quarterly sales, delivering a 6.5% core operating margin. For fiscal 2027, Jabil projects net revenues of $44.5 billion, indicating 24% year-over-year growth. Core earnings are forecast at $17.55 per share. The company announced a new $1.5 billion share-repurchase authorisation and plans to return more than 80% of adjusted free cash flow to shareholders.

Jabil guides fiscal 2027 revenue to $44.5 billion on AI demand, but shares slip 3% after fourth-quarter beat. Traders Agency Team The Traders Agency editorial team delivers daily market anal... Follow Traders Agency on Google. Add Traders Agency, LLC as a preferred source so its market analysis shows up more in your Search and AI results. Jabil reported preliminary, unaudited fourth-quarter and fiscal 2026 results on Wednesday and unveiled a fiscal 2027 outlook calling for net revenue of $44.5 billion, up 24% from fiscal 2026, according to the company's filing reported by Stock Titan. Seeking Alpha reported that Jabil beat on the fourth quarter and forecast fiscal 2027 revenue and adjusted earnings above analyst estimates, helped by demand for AI infrastructure - but that its shares fell 3% in premarket trading. Fourth-Quarter results. Jabil's net revenue for the fourth quarter ended August 31, 2026 was $10,616 million, up from $8,252 million a year earlier, per the company's reported figures cited by Stock Titan. GAAP operating income rose to $602 million from $337 million, and GAAP diluted earnings per share climbed to $3.76 from $1.99. On a core, non-GAAP basis, operating income was $675 million versus $519 million, and core diluted EPS was $4.40 versus $3.29 in the year-ago quarter. For the full fiscal year, core diluted EPS reached $13.09, according to the filing reported by Stock Titan. CEO Mike Dastoor said Jabil "delivered a fourth quarter that exceeded our expectations, closing an exceptional fiscal 2026 in which we grew revenue 21%, expanded core operating margin 40 basis points and generated more than $1.5 billion in adjusted free cash flow," adding that its teams "supported significant growth in AI infrastructure, delivered strong performance across several other end markets and brought critical new capacity online." Fiscal 2027 outlook. Per Stock Titan's report of the filing, Jabil's fiscal 2027 guidance calls for revenue of $44.5 billion, up 24%; core operating margin expansion of 30 basis points to 6.1%; core diluted EPS growth of 34% to $17.55; and adjusted free cash flow of approximately $1.6 billion. Dastoor cited "accelerating AI demand complemented by solid growth in automotive, healthcare, energy infrastructure, defense and aerospace, and warehouse and retail automation," and said expanding customer relationships and "committed business supporting our new capacity" give the company confidence in the year ahead. The filing noted that the fourth-quarter and full-year figures are preliminary and unaudited, and listed "our dependence on a limited number of customers" and managing growth and capital expenditures among risks that could cause results to differ from guidance. Bottom line. The guided $17.55 in core diluted EPS for fiscal 2027 sits $4.46 above the $13.09 reported for fiscal 2026 (13.09 - 17.55 = -4.46), the roughly 34% growth cited in the filing reported by Stock Titan. Interpretation: the 3% premarket slide Seeking Alpha reported suggests investors were unmoved by guidance that the same report described as above analyst estimates, while the filing's own risk language cautions that actual results may differ from that forecast. Related reading. DISCLAIMER: Traders Agency does not offer financial advice. The information provided is for educational purposes only and should not be considered financial advice. Traders Agency is not responsible for any financial losses or consequences resulting from the use of the information provided. Trading carries inherent risks and may not be suitable for all individuals. You are advised to conduct your own research and seek personalized advice before making any investment decisions, recognizing the potential risks and rewards involved. See more from Traders Agency on Google. Make Traders Agency, LLC a preferred source and its market analysis will appear more prominently in your Google Search, Top Stories, and AI results. The Traders Agency editorial team delivers daily market analysis, stock research, and trading education. Its team of analysts covers stocks, options, crypto, commodities, and macroeconomics to help traders make informed decisions. Join the Edge Stop watching. Start winning. 50,000+ traders get its daily brief before the market opens. Free. No spam. Unsubscribe anytime.