Jabil Inc's (JBL)
Additive Manufacturing strategy is garnering significant attention from investors, raising questions about whether this is a hidden gem or a risky bet. Following the
FQ4 earnings report, Jabil's fiscal year results demonstrated strong margins, robust share performance, and a $150-$200 million restructuring cost due to a planned job cut. The company has recently faced a stock surge of 11.54% and continues to perform well compared to other technology stocks which has led to a raised price target of $150. Numerous organizations including
Scientech Research LLC,
Canada Pension Plan Investment Board, and
Symmetry Investments LP have shown considerable interest in Jabil, either by acquiring new positions or growing their current ones. Despite witnessing a short term drop, Jabil's stock has been moving higher and has outpaced the stock market recently. Concerning the future, Jabil aims to expand its photonics capabilities, potentially leading to a stock gain. Meanwhile, the company has issued its
Q1 2025 Earnings Guidance and is set to further expand its operations in India. However, challenges persist, with the CEO, Kenny Wilson being put on
paid leave pending investigation and the Q3 earnings report revealing a decline in the top line.
Jabil Stocks JBL News Analytics from Tue, 19 Dec 2023 08:00:00 GMT to Sat, 28 Sep 2024 10:37:14 GMT -
Rating -4
- Innovation -2
- Information 8
- Rumor -6
