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Jabil Inc.
S&P 500
$34.5B
Market Cap
34.6
P/E
1.19
PEG
30.3%
ROCE
40.4%
ROE
1.83
D/E
4.0%
OPM
-19.4%
% from 52W High
70
α RS
🔍 JBL is showing a notable setup because it matches 2 of 37 tracked screener presets and RS Rating is 68. Net: Partial signal stack, not a recommendation. ? Conviction RS Rating
Sources
Conviction 2/37 · RS Rating 68
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Currency-adjusted total returns for JBL including FX impact
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📈 Price History
Ratio Health
Excellent
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By Category
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About

Jabil Inc. provides engineering, manufacturing, and supply chain solutions worldwide.

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📈 Growth Pattern
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⭐ Superinvestors Holding JBL
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Manager Shares Value % of Fund Period
Steve Cohen Point72 Asset Management 648.1K $172.2M 0.22% Mar 2026
Stan Druckenmiller Duquesne Family Office 82.2K $21.8M 0.65% Mar 2026
Cathie Wood ARK Investment Management 337 $90K 0.00% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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Good quarter Investor Presentation One-Pager? Q3 2026
Revenue
$8.8B
+12% YoY
GAAP Operating Income
$445M
n/a
Core Operating Margin
5.8%
n/a
Core Diluted EPS
$3.16
+24% YoY
What Went Right
  • Revenue was $8.8B, up 12% YoY and $250M above the midpoint of guidance.
  • FY26 AI-related revenue outlook raised to ~$13.6B, up from $13.1B in March and ~50% YoY growth.
  • Won a third hyperscaler customer, with a ramp expected to mirror the second hyperscaler's expansion.
What to Watch
  • Inventory days net of customer deposits were 68, above the 55-60 target, driven by Intelligent Infrastructure shipment timing; management expects normalization in Q4.
  • Automotive demand remains volatile despite the beat, and Healthcare guidance was trimmed by $100M.
  • Component supply is tight — HBM, high-density interconnect PCBs, and DDR4-and-below shortages — and the Adani AI infrastructure alliance is still pre-definitive with meaningful contribution only expected in FY2028.
Management Guidance
  • Q4 FY26 revenue guidance: $9.2B-$10.0B, ~16% YoY growth at the midpoint.
  • Q4 FY26 core operating income: $589M-$649M, implying ~6.4% core operating margin at the midpoint.
  • Q4 FY26 core diluted EPS: $3.80-$4.20; net interest expense ~$80M; core tax rate ~21%.
  • FY26 raised: revenue ~$35B, core operating margin ~5.8%, core diluted EPS ~$12.70, adjusted free cash flow >$1.4B.
  • FY27 early view: AI-related revenue growth similar in percentage terms to FY26, with core operating margin above 6%.
Investor Lens
The thesis is stronger after this call: Jabil beat Q3 and raised full-year guidance across every key metric. AI infrastructure remains a powerful engine, with FY26 AI revenue now $13.6B and FY27 growth expected at a similar percentage off a much larger base. Diversification also helped — Auto, Renewables, Connected Living, and Digital Commerce all outperformed earlier cautious assumptions. The main cautions are capacity ramp costs, component availability, and the early-stage, FY2028-dated Adani opportunity.
From investor presentation · AI-generated analysis · Not investment advice
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📈 STRONG Jabil beats Q3 with 12% revenue growth and raises FY26 outlook.
Revenue
Revenue was $8.8B, up 12% YoY and $250M above the midpoint of guidance. Intelligent Infrastructure led with $4.2B, up 21%; Regulated Industries was $3.2B, up 4%; Connected Living and Digital Commerce was $1.4B, up 5%.
Profitability
GAAP diluted EPS was $2.59, while core diluted EPS was $3.16, up 24% YoY. GAAP operating income was $445M, or 5.1% of revenue; core operating income was $504M. Net income was not separately disclosed.
Margins
Core operating margin was 5.8% in Q3, with Intelligent Infrastructure core margin up 80bps YoY to 6.1% and Regulated Industries up 10bps to 5.6%. Connected Living and Digital Commerce core margin was 4.9%. Management expects FY26 core operating margin to improve ~10bps to 5.8% and FY27 core operating margin to be above 6%.
Balance Sheet
Cash flow from operations was $535M, net capex was $176M, and adjusted free cash flow was $359M in Q3. Cash ended the quarter at $1.4B, debt-to-core EBITDA was 1.3x, and the company repurchased ~$291M of shares. Inventory days net of customer deposits were 68, above the 55-60 target, and are expected to normalize in Q4.
Key Risks
Management flagged continued Automotive demand volatility and trimmed Healthcare expectations by $100M. Component supply risk remains — HBM, high-density interconnect PCBs, and DDR4-and-below shortages. The Adani alliance is still pre-definitive, with meaningful contribution only expected in FY2028.
Outlook
Q4 FY26 revenue is guided to $9.2B-$10.0B with core operating income of $589M-$649M and core diluted EPS of $3.80-$4.20. FY26 revenue was raised to ~$35B, core EPS to ~$12.70 and adjusted free cash flow to >$1.4B; FY27 AI-related revenue growth is expected to be similar in percentage terms to FY26.
Generated by AI · Q3 2026 results · Not investment advice
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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q3 2026 Q3 2026 2026-06-17
Q3 results exceeded expectations with 12% revenue growth and strong margins, driven by robust AI infrastructure demand and broad-based portfolio strength. FY26 outlook was raised across all key metrics, with AI-related revenue now expected at $13.6B and continued margin expansion into FY27.
Q2 2026 Q2 2026 2026-03-18
Q2 fiscal 2026 results exceeded expectations, with broad-based growth in Intelligent Infrastructure, Regulated Industries, and Digital Commerce. Full-year revenue and EPS guidance were raised, driven by strong AI, data center, and automation demand, and robust capital allocation.
Q1 2026 Q1 2026 2025-12-17
Q1 FY26 results surpassed expectations, driven by strong AI and data center demand, with all segments contributing to growth. FY26 guidance for revenue, margins, and EPS was raised, supported by new wins, acquisitions, and robust cash flow.
Q4 2025 Q4 2025 2025-09-25
Fiscal 2025 saw strong revenue, margin, and cash flow growth, led by AI-driven Intelligent Infrastructure, while Regulated Industries and CLDC segments showed resilience and margin improvement. FY 2026 guidance calls for 5% revenue growth, margin expansion, and robust AI-related gains.
Q3 2025 Q3 2025 2025-06-17
Q3 results exceeded expectations with strong AI-driven growth in intelligent infrastructure, while regulated and connected living segments were stable. Fiscal 2025 guidance was raised, a $500M U.S. AI site was announced, and capital allocation remains focused on buybacks.
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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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