Jabil Inc has formed a partnership with
Apptronik to pilot and manufacture Apollo robots. However, the
company's stock experienced a steep fall due to unidentified causes, performing worse than the broader market and lagging behind in earnings growth rate. Despite these setbacks, investors claim that Jabil is undervalued, with the stock gaining traction after a strong quarter. Furthermore,
BofA analyst raised the price target to $165 following a strong Q1 performance driven by
AI integration and
strategic partnerships. Jim Cramer emphasizes that Jabil knows how to navigate volatility. Wall Street analysts also express interest in Jabil's resilience and potential
revenue growth. Jabil's association with
3D Printing and promise as a long-term value stock draws attention from investors. However, concerns exist about underlying issues not reflected in profits. It is also observed that executive members, including director
Raymund Steven and EVP
Steven Borges, have been selling significant chunks of their Jabil stocks. Meanwhile, Jabil has geared up for its Q1 report amidst
recent forecast changes.
Jabil Stocks JBL News Analytics from Thu, 20 Jun 2024 07:00:00 GMT to Thu, 27 Feb 2025 23:49:51 GMT -
