Company Overview - Khaveen Investments is a global investment advisory firm serving high-net-worth individuals, corporations, associations, and institutions [1] - The firm is a registered investment adviser with the Securities Exchange Commission (SEC) [1] - It offers comprehensive services including market and security research, business valuation, and wealth management [1] Investment Strategy - The flagship Macroquantamental Hedge Fund maintains a diversified portfolio with exposure to hundreds of investments across various asset classes, geographies, sectors, and industries [1] - The investment approach integrates top-down and bottom-up analysis, blending three core strategies: global macro, fundamental, and quantitative [1] Core Expertise - The firm's core expertise lies in disruptive technologies that are reshaping modern industries [1] - Key focus areas include Artificial Intelligence, Cloud Computing, 5G, Autonomous and Electric Vehicles, FinTech, Augmented and Virtual Reality, and the Internet of Things (IoT) [1]

Core Insights - Khaveen Investments is a global investment advisory firm that serves high-net-worth individuals, corporations, associations, and institutions [1] - The firm is a registered investment adviser with the SEC and offers services including market and security research, business valuation, and wealth management [1] - The flagship Macroquantamental Hedge Fund has a diversified portfolio with exposure to hundreds of investments across various asset classes, geographies, sectors, and industries [1] Investment Strategies - Khaveen Investments employs a multifaceted investment approach that integrates top-down and bottom-up analysis [1] - The firm blends three core strategies: global macro, fundamental, and quantitative [1] Focus Areas - The core expertise of Khaveen Investments lies in disruptive technologies that are reshaping modern industries [1] - Key sectors of focus include Artificial Intelligence, Cloud Computing, 5G, Autonomous and Electric Vehicles, FinTech, Augmented and Virtual Reality, and the Internet of Things (IoT) [1]

Financial Performance - Net revenue for the three months ended November 30, 2025, was $8,305 million, an increase of 18.7% compared to $6,994 million for the same period in 2024[101] - Gross profit for the same period was $742 million, representing 8.9% of net revenue, up from 8.7% in the prior year[111] - The Intelligent Infrastructure segment saw a 54% increase in net revenue, driven by a 48% increase from existing customers in the cloud and data center infrastructure business[109] - The Regulated Industries segment's net revenue increased by 4%, primarily due to a 3% increase in revenues from the renewable energy infrastructure business[109] - The Connected Living and Digital Commerce segment experienced an 11% decrease in net revenue, mainly due to a 13% decline from existing customers in the connected living business[109] - Core operating income (Non-GAAP) for the three months ended November 30, 2025, was $454 million, up from $347 million in 2024, representing a 30.7% increase[130] - Net income attributable to Jabil Inc. (U.S. GAAP) for the three months ended November 30, 2025, was $146 million, compared to $100 million in 2024, marking a 46% increase[130] Expenses and Charges - Selling, general and administrative expenses rose to $344 million, an increase of $39 million compared to $305 million in the previous year[112] - Research and development expenses remained stable at $7 million, consistent as a percentage of net revenue at 0.1%[113] - The company reported a decrease in restructuring, severance, and related charges to $76 million from $83 million in the prior year[116] - The effective income tax rate increased to 33.6% for the three months ended November 30, 2025, compared to 28.0% in 2024, reflecting a 5.6% change primarily due to jurisdictional earnings mix and an $18 million tax benefit reversal[124] Cash Flow and Liquidity - Adjusted free cash flow (Non-GAAP) for the three months ended November 30, 2025, was $272 million, an increase from $226 million in 2024[134] - As of November 30, 2025, the company had approximately $1.6 billion in cash and cash equivalents, with a significant portion held by foreign subsidiaries[146] - The company expects its liquidity sources to adequately fund capital expenditures, dividends, share repurchases, and potential acquisitions for the next 12 months and beyond[145] - As of November 30, 2025, the company had $4.0 billion in available unused borrowing capacity under revolving credit facilities, with $3.2 billion available under the senior unsecured credit agreement[148] - Net cash provided by operating activities for the three months ended November 30, 2025, was $323 million, compared to $312 million for the same period in 2024[157] - Net cash used in investing activities during the same period was $(180) million, primarily for the acquisition of Rebound Technologies and capital expenditures[159] Acquisitions - On January 2, 2026, the company completed the acquisition of Hanley Energy Group for cash consideration of $751 million, enhancing its energy management solutions[135] - The acquisition of Rebound Technologies for $133 million was completed on September 1, 2025, aimed at strengthening supply chain services[137] Share Repurchase and Dividends - The company expects to continue declaring and paying regular quarterly dividends similar to past declarations, subject to Board approval[162] - As of November 30, 2025, the company had repurchased 1.4 million shares for $300 million under its share repurchase programs[163] - The Board of Directors authorized a share repurchase program of up to $1.0 billion on July 17, 2025, with approximately $913 million remaining as of the end of the reporting period[174] - The company repurchased a total of 1,746,604 shares of common stock during the three months ended November 30, 2025, at an average price of $206.54 per share[174] Compliance and Reporting - The company was in compliance with all covenants under its global asset-backed securitization program as of November 30, 2025[155] - The financial information for the quarterly period ended November 30, 2025, includes condensed consolidated balance sheets and statements of operations compared to the same period in 2024[182] - The report was signed by the Chief Executive Officer and Chief Financial Officer on January 9, 2026[185]

Core Insights - Jabil, Inc. has completed the acquisition of Hanley Energy Group for $725 million, enhancing its capabilities in energy management and critical power solutions for data centers [1][9] Industry Trends - Organizations across various sectors are rapidly integrating AI to streamline operations and gain competitive advantages, leading to increased energy consumption in AI data centers compared to legacy systems [2] - The AI data center market is projected to grow from $13.62 billion in 2025 to $60.49 billion by 2030, with a compound annual growth rate of 28.3% [4] Company Developments - Jabil's acquisition of Hanley Energy will strengthen its portfolio by integrating power management solutions with its existing data center expertise and global manufacturing capabilities [3] - The company is investing $500 million in the Southeast U.S. to expand manufacturing and workforce development for cloud and AI data center infrastructure [4] - Jabil's previous acquisition of Mikros Technologies highlights its commitment to enhancing capabilities in liquid cooling and thermal management within the AI data center sector [5] Competitive Landscape - Jabil faces competition from companies like Celestica and Flex, which are also expanding their presence in the AI data center market through partnerships and innovative solutions [6][7] - Flex has announced collaborations with LG Electronics and NVIDIA to develop advanced cooling systems and energy-efficient AI data centers, indicating its rapid growth in this space [6] Financial Performance - Jabil's stock has increased by 47% over the past year, while the Electronic-Manufacturing Services industry has grown by 97.6% [8] - Earnings estimates for Jabil have improved, with projections for 2025 rising by 4.52% to $11.55 per share and for 2026 increasing by 2.52% to $13.41 [11] - The company's shares currently trade at a price/earnings ratio of 18.31, which is lower than the industry average of 24.54 [10]

Investors were unenthusiastic about the company's latest expansion effort.A new acquisition announced by electronic components maker Jabil (JBL 7.05%) on Monday wasn't greeted warmly by Mr. Market. Investors traded out of the company on news of its latest deal, to the point where the stock lost more than 7% of its value that trading session.Starting off the new year with a new asset buyThat morning, Jabil announced that it is now the owner of privately held Hanley Energy Group, which specializes in energy m ...

Core Insights - Jabil, Inc. (JBL) has experienced a stock price increase of 58.1% over the past year, underperforming compared to the industry growth of 97.6% and peers like Celestica Inc. (CLS) which surged 206.2% [1][8] Group 1: Company Performance - Jabil's revenue for fiscal 2026 is projected to reach $32.4 billion, an increase from the previous estimate of $31.3 billion, with earnings per share (EPS) raised to $11.55 from $11.00 [10][8] - The Zacks Consensus Estimate for Jabil's fiscal 2026 earnings has increased by 12.4% to $11.55 per share, indicating positive sentiment regarding the stock's growth potential [13] Group 2: Growth Drivers - Jabil is expected to benefit from growth in AI data center infrastructure, capital equipment, and warehouse automation markets, alongside the rapid adoption of 5G wireless and cloud computing [6][10] - The company's focus on end-market and product diversification is a key growth catalyst, aiming for no single product or product family to exceed 5% of operating income or cash flows in any fiscal year [5] Group 3: Strategic Initiatives - Jabil has reorganized its internal structure to align operations with specific end markets, aiming to develop domain-specific expertise and enhance responsiveness to market demands [9] - The company is positioned to capitalize on growth opportunities in sectors such as AI data center hardware, power and energy infrastructure, and healthcare, supported by strong margins and robust free cash flow [16][17] Group 4: Technological Advancements - Jabil's optical modules, developed in collaboration with Intel Corporation, are designed to enhance performance in AI/ML applications, promising significant improvements in data transmission efficiency and reliability [12][11] - The company's commitment to leveraging cutting-edge technology positions it as a strategic partner in the AI/ML ecosystem, enhancing its competitive edge [11]

Core Viewpoint - Jabil (JBL) is recognized as a strong buy with a Zacks Rank 1, indicating positive growth potential despite its valuation metrics suggesting caution for value-oriented investors [1]. Company Overview - Jabil, Inc. provides manufacturing services and solutions through its Electronics Manufacturing Services (EMS) and Diversified Manufacturing Services (DMS) segments, focusing on various industries including aerospace and automotive [2]. Earnings Performance - Jabil has consistently exceeded earnings expectations, with the latest EPS reported at $2.85, surpassing the Zacks Consensus Estimate of $2.72 by 4.8% [4]. - The average positive earnings surprise over the last four quarters stands at 8.3% [4]. Earnings Estimates Revisions - Earnings estimates for Jabil have been revised upwards, with the fiscal year 2026 estimate increasing from $11.05 to $11.55 and fiscal year 2027 from $13.08 to $13.41 over the past 60 days [5]. Valuation Metrics - Jabil's forward earnings multiple is 20x, which is considered high given the expected growth rates of 8% for this year and 7% for the next [6]. - The price-to-book ratio is noted at 19x, which may deter value-focused investors, while the price-to-sales ratio is 0.83x, indicating limited market valuation on incremental sales [6]. Operating Margins - Operating margins have shown improvement, increasing from 3.1% to 3.3% and most recently to 3.4% [7].

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Jabil Inc. (NYSE: JBL), a global leader in engineering, supply chain, and manufacturing solutions provider, today announced the successful acquisition of Hanley Energy Group, a provider of energy management and critical power solutions serving the data center infrastructure market. The acquisition was completed Jan. 2, 2026, for approximately $725 million plus contingent consideration up to $58 million, subject to achieving future revenue thresholds, in an. ...

Jabil Inc. (NYSE:JBL) is included among the 20 Best Performing Dividend Stocks in 2025. BofA Stays Bullish on Jabil (JBL) as FY26 Outlook Exceeds Expectations On December 18, BofA raised its price target on Jabil Inc. (NYSE:JBL) to $265 from $262 and kept a Buy rating on the stock. The move followed what the firm described as a “strong” fiscal Q1, along with higher FY26 revenue and EPS guidance that came in above both BofA’s and the Street’s estimates. The analyst noted that momentum in existing programs ...

Industry Overview - The global electronics manufacturing services (EMS) industry is experiencing significant growth, driven by AI data centers, consumer electronics, IoT markets, 5G adoption, and automotive innovations, particularly electric vehicles. The EMS industry is projected to grow at a compound annual growth rate (CAGR) of 6.95% from 2025 to 2034 [1]. Company Analysis: Flex Ltd (FLEX) - Flex is well-positioned for multi-year growth, with its data center business identified as the primary growth engine, significantly influenced by AI infrastructure developments [3][4]. - The company has introduced a new AI infrastructure platform that enhances data center deployment speed by up to 30% and reduces execution risk [4]. - Flex's revenue from the data center segment is expected to rise at least 35% in the current fiscal year, benefiting from partnerships with leading technology companies like NVIDIA [5][10]. - Despite strong performance in the power and cloud markets, Flex anticipates a slight decline in Agility Solutions revenues due to softer demand in consumer devices and challenges from the Ukraine facility shutdown [7][8]. - The diversified portfolio of Flex continues to provide stability, with steady demand in the Health Solutions segment and growth in the Communications and enterprise segment [6]. Company Analysis: Jabil Inc (JBL) - Jabil's growth is driven by its expanding opportunities in healthcare, cloud, data center, and energy infrastructure, with its Intelligent Infrastructure segment emerging as a key growth driver [9]. - The Intelligent Infrastructure segment generated $3.9 billion in revenues in the first quarter of fiscal 2026, reflecting a 54% year-over-year increase and constituting 46% of total revenues [11]. - Jabil's cloud and data center business is projected to reach $9.8 billion for fiscal 2026, bolstered by new program wins and acquisitions [12]. - The healthcare segment is expected to remain a long-term growth catalyst, with strong visibility into program ramps across various medical technologies [13]. - Jabil's free cash flow was $1.3 billion in fiscal 2025, with expectations to maintain this level in fiscal 2026, allowing for share buybacks and continued investments [15]. Performance and Valuation - Over the past six months, FLEX and JBL have seen stock gains of 27.2% and 7.2%, respectively [16]. - FLEX is trading at a forward 12-month price/earnings ratio of 18.22X, while JBL is at 19.02X, indicating a slightly more favorable valuation for FLEX [17]. Earnings Estimates - Analysts have maintained FLEX's earnings estimates for the current fiscal year, with no revisions over the past 60 days [19]. - In contrast, JBL has seen a 4.5% upward revision in its earnings estimates during the same period [20]. Investment Outlook - FLEX currently holds a Zacks Rank of 3 (Hold), while JBL has a Zacks Rank of 2 (Buy), suggesting that JBL may present a better investment opportunity at this time [21].