JP Morgan Reiterates Buy Rating on Jabil Inc.
JP Morgan maintains its positive outlook on Jabil Inc. with a $450 price target, a 19.24% upside from the current price.
Key Points
- JP Morgan reiterated its buy rating on Jabil Inc. with a price target of $450 on June 18, 2026.
- JP Morgan's $450 price target implies 19.24% upside from Jabil Inc.'s ($JBL) current $377.38 share price.
- Jabil Inc. shares traded near $374.98 with a market cap of about $39.56 billion, and a P/E ratio of 50.4.
- Insider transactions included sales by top executives, and analysts from several firms maintained buy ratings with varied price targets.
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On June 18, 2026, JP Morgan reiterated its buy rating on Jabil Inc. (NYSE: JBL), setting a price target of $450. Analyst Samik Chatterjee expressed continued confidence in the company's performance.
Jabil Inc. Stock Up 25.2%
Shares of NYSE:JBL traded near $374.98. Jabil Inc. has a market cap of approximately $39.56 billion, with a P/E ratio of 50.4 and a forward P/E of 25.4. The stock's 52-week range is between $189.60 and $428.93, with a 50-day moving average of $346.95 and a 200-day moving average of $259.87. The company has a current ratio of 1.013 and a quick ratio of 0.506, with a debt-to-equity ratio of 328.91.
Recent Earnings
Jabil Inc. reported revenue of $32.67 billion, with a revenue growth rate of 23.1%. The company achieved an EPS of $7.44, a net margin of 2.48%, and a return on equity of 59.7%. The next earnings report is expected on June 17, 2026.
Insider Buying and Selling at Jabil Inc.
Recent insider activity at Jabil Inc. included several transactions. On April 30, 2026, Gary Schick, SVP and CHRO, sold 1,000 shares at an average price of $340. On April 23, 2026, both Tyagarajan and John Plant acquired 600 shares each. Additionally, EVP and COO Andrew Priestley sold 3,169 shares at $330 on April 20, 2026.
Analysts Set New Price Targets
On June 18, 2026, alongside JP Morgan, several firms maintained their ratings on Jabil Inc. Goldman Sachs and Barclays both kept their buy ratings with targets of $482 and $426, respectively. UBS maintained a hold rating with a $430 target, while Stifel and Raymond James also reiterated buy ratings with targets of $460 and $450.
About Jabil Inc.
Jabil Inc. provides engineering, manufacturing, and supply chain solutions worldwide, operating in sectors such as Regulated Industries, Intelligent Infrastructure, and Connected Living and Digital Commerce. Based in Saint Petersburg, Florida, and led by CEO Michael Dastoor, the company employs about 135,000 people. Jabil develops products for industries including 5G, automotive, healthcare, and digital commerce.
Bottom Line
JP Morgan's reiterated buy rating on Jabil Inc. reflects confidence in the company's growth prospects and market position. Investors closely watch such analyst updates to gauge market sentiment. As always, it's important to remember that these ratings are based on past performance and projections, which can change.
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