Goldman Sachs Reiterates Buy Rating on Jabil Inc.
Goldman Sachs maintains its buy rating on Jabil Inc. with a $482 price target.
Key Points
- Goldman Sachs reiterated its buy rating on Jabil Inc. with a $482 price target on June 18, 2026.
- Jabil Inc. shares are trading near $374.98 with a market cap of about $39.6 billion.
- Insiders at Jabil have been actively trading, and several analysts have set new price targets.
Goldman Sachs has reiterated its buy rating on Jabil Inc. (NYSE: JBL), maintaining a price target of $482. This reaffirmation came on June 18, 2026, as the company's shares traded around $374.98.
Other Institutional Activity in Jabil Inc.
BlackRock, Inc. trimmed its position in Jabil by 15,777 shares, ending up with 9,679,335 shares valued at approximately $2.57 billion. Vanguard Capital Management LLC initiated a position with 6,690,351 shares worth about $1.78 billion. Texas Yale Capital Corp. reduced its holdings by 91,550 shares, bringing its total to 6,286,723 shares valued at $1.67 billion. Vanguard Portfolio Management LLC also started a new position, holding 5,354,213 shares valued at about $1.42 billion. Meanwhile, State Street Corp decreased its stake by 193,903 shares, leaving it with 4,935,064 shares worth around $1.31 billion.
Jabil Inc. Stock Snapshot
Shares of Jabil Inc. (NYSE: JBL) are trading near $374.98. The company has a market capitalization of roughly $39.6 billion. Jabil's P/E ratio stands at 50.4, with a forward P/E of 25.4, and it carries a beta of 1.287, indicating some volatility. The stock has seen a 52-week low of $189.60 and a high of $428.93. Its 50-day moving average is $346.95, and the 200-day moving average is $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 reported revenue of $32.67 billion, showing a growth of 23.1%. The company achieved a net margin of 2.48% and an impressive return on equity of 59.7%. Jabil's earnings per share (EPS) is $7.44. The next earnings announcement is scheduled for June 17, 2026.
Insider Buying and Selling at Jabil Inc.
Several insiders have been active in trading Jabil's stock. On April 30, 2026, Gary Schick, SVP and CHRO, sold 1,000 shares at an average price of $340. Earlier, on April 23, insiders Tyagarajan and John Plant each bought 600 shares. Andrew Priestley, EVP and Chief Operations Officer, sold 3,169 shares on April 20 at $330, while Steven Borges, EVP of Global Business Units, sold 5,126 shares on April 17 at $317.51. Additionally, May Yee Yap, SVP and Chief Information Officer, sold 1,634 shares on April 16 at $306.74.
Analysts Set New Price Targets
On June 18, 2026, several analysts maintained their ratings and set new price targets for Jabil Inc. Barclays reiterated a buy rating with a $426 target, UBS maintained a hold with a $430 target, and Stifel kept a buy rating setting the target at $460. Raymond James and Baird both maintained buy ratings with targets of $450 and $440, respectively. The consensus recommendation remains a buy, with an average target price of $374.44 based on nine analyst opinions.
About Jabil Inc.
Jabil Inc. is a technology company specializing in engineering, manufacturing, and supply chain solutions. Based in Saint Petersburg, Florida, Jabil operates in sectors like Regulated Industries, Intelligent Infrastructure, and Connected Living and Digital Commerce. The company provides services ranging from electronic hardware design to cloud data center platforms and automotive assemblies. Under the leadership of CEO Michael Dastoor, Jabil employs approximately 135,000 people worldwide.
Bottom Line
Goldman Sachs' reaffirmation of its buy rating on Jabil Inc. highlights continued confidence in the company's performance. With a $482 price target, investors are keeping a close eye on Jabil's market moves. Note that 13F filings and analyst ratings are backward-looking and might not reflect the latest changes in positions or outlooks.
See Also
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