Jabil Inc. Stock News

Micron is set to report on Wednesday. Other notable names on next week's earnings calendar are Nike, Jabil, Carnival and CarMax.

Shares in Jubilee Metals Group PLC (AIM:JLP, JSE:JBL, OTC:JUBPF), the integrated copper producer and resource developer in Zambia, rose 6% to 2.65 pence on Wednesday. The company has selected a preferred purchaser for its Large Waste Project, which has offered total acquisition consideration of $35 million.

Jabil Inc (NYSE:JBL) shares gained about 5% on Tuesday afternoon after UBS upgraded the stock to 'Buy' and raised its estimates, citing a multiyear growth cycle driven by artificial intelligence investment, healthcare demand and expanding automation and robotics markets. UBS set a $430 price target, implying roughly 22% upside from the stock's current level.

UBS analysts raised estimates, citing the contract manufacturer's "multiyear growth cycle."

Jabil could see AI-related revenue grow 50% to more than $20 billion in fiscal 2027, according to UBS.

PENANG, Malaysia--(BUSINESS WIRE)--Jabil Inc. (NYSE: JBL), a global leader in engineering, supply chain, and manufacturing solutions, has opened its next-generation logistics hub in Penang. Jabil's new Intelligent Logistics Hub (or the Hub) spans around 417,000 square feet and is located in the Valdor Industrial Park in Sungai Jawi, Penang. The digitalised facility is set to boost the company's...

NICHOLASVILLE, Ky.--(BUSINESS WIRE)--Badger Technologies, a product division of Jabil Inc. (NYSE: JBL), today announced the appointment of retail industry veteran John Gehre as Chief Executive Officer, alongside expanded leadership roles for Chris Green and Paul Ambruso, and the formation of the company's inaugural Strategic Advisory Board. The appointments mark a milestone in the company's dev...

PUNE, India--(BUSINESS WIRE)--Jabil Inc. (NYSE: JBL), a global leader in engineering, supply chain, and manufacturing solutions, today announced the opening of a new factory in Pune, marking a significant expansion of the company's India manufacturing capacity. Located in the Maharashtra Industrial Development Corporation (MIDC) industrial zone, this facility is the latest addition to Jabil's I...