The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are underva ...

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended November 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-14063 JABIL INC. (Exact name of registrant as specified in its charter) Delaware 38-1886260 (State or other jurisdiction of ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? T ...

Company Performance - Jabil's fiscal Q1 revenue came in at $7 billion, exceeding the guidance range of $6.3 billion to $6.9 billion [8] - Non-GAAP earnings were $2 per share, above the midpoint of the $1.85 per share guidance [8] - Excluding the impact of divestiture, revenue was up 1% year-over-year [12] - Adjusted earnings declined by 23% year-over-year due to the divestment of the mobility business [8] - Hurricanes Helene and Milton impacted revenue and margins by 10 to 20 basis points [12] AI and Market Opportunities - Growing demand for liquid-cooled AI servers is expected to create a long-term tailwind [2] - The liquid cooling market in data centers is forecast to grow at 24% annually through 2033, reaching $40 billion in revenue [2] - Silicon photonics demand is expected to grow at a 42% CAGR through 2029 [2] - AI is driving demand for semiconductor fabrication and test equipment, expected to continue through FY25 and beyond [16] - The company has strengthened relationships with hyperscale customers for custom AI chips and silicon photonics solutions [16] Financial Guidance and Valuation - Jabil raised its fiscal 2025 revenue guidance to $27.3 billion and adjusted earnings guidance to $8.75 per share [5] - Analysts expect double-digit earnings growth from the next fiscal year [17] - Jabil is trading at 14 times trailing earnings, a significant discount to the Nasdaq-100's multiple of 34 [10] - If the market rewards Jabil with a richer valuation, the stock price could potentially double [14] Future Outlook - Consensus revenue forecasts suggest growth in the next couple of fiscal years [9] - The company expects AI-related growth opportunities to drive a return to growth from the next fiscal year [9] - Jabil's momentum is expected to continue into 2025 and beyond, supported by strong quarterly results [11][15]

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Style Sco ...

I downgraded my rating to hold for Jabil (NYSE: JBL ) when I wrote about it last October (2023) as I believed the share price had already reflected any near-term upside. Based on my current outlook and analysis on JBL, II consider an investment ideal if it performs its core business in a sector projected to experience structural (organic) growth in excess of GDP growth over the next 5-10 years; profits from sustainable competitive advantages that translate into attractive unit economics; In the hands of com ...

Jabil TodayJBLJabil$140.44 -3.25 (-2.26%) 52-Week Range$95.85▼$156.94Dividend Yield0.23%P/E Ratio12.74Price Target$149.50Add to WatchlistJabil NYSE: JBL continues to face headwinds, but its fiscal Q1 2025 report proves that the bottom is in for this business, and the outlook is bright. The report includes a top-line contraction but outperformance on the top and bottom lines compounded by improving guidance to an above-consensus level. The takeaway is that the contraction is slowing, and the business will r ...

Jabil exceeded Wall Street's targets in the first quarter despite dealing with two major hurricanes hitting its manufacturing facilities.This Wednesday was eventful for investors in Jabil (JBL 7.26%). Following a strong earnings report, the electronics design and manufacturing veteran's shares opened the morning session 12% higher. The stock cooled down a bit during the day, stopping at a 7.3% gain by the closing bell.Jabil's first quarter, by the numbersJabil's first-quarter revenues fell 17% year over yea ...

Financial Data and Key Metrics - Q1 revenue was $7 billion, up 1% year-on-year, excluding the $1.45 billion associated with the Mobility Divestiture [10] - Core operating income for Q1 was $347 million, with core operating margins at 5%, despite a 10-20 basis points impact from hurricanes [11] - GAAP operating income was $197 million, and GAAP diluted EPS was $0.88, while core diluted EPS was $2 [12] - Inventory at the end of Q1 was flat sequentially at 76 days, with net inventory days at 56, a two-day increase quarter-over-quarter [15] - Cash flow from operations was strong at $312 million, and adjusted free cash flow was $226 million [16][17] - Debt to core EBITDA levels were approximately 1.4x, with cash balances of $2.1 billion [17] - The company repurchased 1.8 million shares for $232 million in Q1, with $768 million remaining on the $1 billion share repurchase authorization [18] Segment Performance - **Regulated Industry Segment**: Revenue was $3 billion, down 7% year-on-year due to weakness in Renewable Energy and EV markets, but core operating margins increased by 10 basis points to 4.7% [12] - **Intelligent Infrastructure Segment**: Revenue was $2.5 billion, up 5% year-on-year, driven by strong demand in AI-related cloud, data center infrastructure, and capital equipment markets, with core operating margins improving by 10 basis points to 4.8% [13] - **Connected Living & Digital Commerce Segment**: Revenue was $1.5 billion, down 46% year-on-year due to the Mobility Divestiture, but excluding this, revenue growth was 12%, with core operating margins at 5.8% [14] Market Performance - The company expects continued weakness in the Renewable Energy and EV markets, particularly in the Regulated Industry segment [20] - The Intelligent Infrastructure segment is expected to grow, driven by AI-related demand in cloud, data center infrastructure, and capital equipment markets [20] - The Connected Living & Digital Commerce segment is expected to see a 20% year-on-year decline in revenue due to the Mobility Divestiture, but Digital Commerce and Warehouse Automation markets are showing strong growth [21] Strategic Direction and Industry Competition - The company is focusing on expanding its capabilities in AI, cloud, and data center infrastructure, with significant investments in liquid cooling systems and silicon photonics [28][36] - The company is well-positioned to navigate geopolitical complexities, with a large-scale global manufacturing footprint and a significant US presence [38][42] - The acquisition of Mikros Technologies enhances the company's capabilities in thermal management solutions, which are critical for AI servers and other high-power applications [28] Management Commentary on Operating Environment and Future Outlook - Management highlighted the resilience of the company in a dynamic environment, with strong execution leading to solid Q1 results [19] - The company expects stronger earnings and margins in the second half of FY'25, driven by recovery in higher-margin businesses like semi-capital equipment and cost optimization initiatives [45][46] - Full-year revenue is expected to be $27.3 billion, with core operating margins of 5.4% and core EPS of $8.75 [47] Other Important Information - The company opened a large-scale manufacturing site in Croatia, which will support automotive and healthcare customers, particularly in the GLP-1 drug delivery space [27] - The company is well-prepared for potential tariff implications, with most of its business in China being local-for-local or local-for-regional, and a strong US manufacturing footprint [40][42] Q&A Session Summary Question: Segment Margins and Recovery Expectations - Management expects margins to be above 5% for all segments, with the Intelligent Infrastructure segment showing the most growth potential [51] - The Connected Living segment is driven by consumer demand, with Digital Commerce expected to be a high-margin growth driver [51] Question: AI-Related Revenue Expectations - AI-related revenue guidance was increased to $6.5 billion, with $400 million driven by data cloud infrastructure and $100 million by semi-capital equipment [52] Question: Capital Allocation and M&A - The company plans to allocate 80% of free cash flow to share buybacks, with the remaining 20% for M&A, focusing on capabilities in healthcare and Intelligent Infrastructure [55][113] - The Mikros acquisition was focused on engineering capabilities rather than direct revenue, with potential for significant future growth in the datacenter ecosystem [56] Question: Hyperscale Customer Relationships - The company is deepening its relationship with its largest hyperscale customer, winning new business and expanding into silicon photonics [60][61] Question: Inventory Management - Inventory is expected to remain within the 55-60 days range, with lower levels expected in the second half of the year [64] Question: US Manufacturing Footprint - The company has expanded its US manufacturing footprint, with the ability to quickly ramp up production and adapt to customer needs [69][70] Question: Impact of Tariffs - Tariffs are expected to be a pass-through cost, with the company well-positioned to handle any shifts in manufacturing from Mexico to the US [76][78] Question: EV Market and Tax Credit Impact - The company is cautious about the EV market, with potential impacts from the repeal of EV tax credits, but expects to navigate the transition between EV and hybrid platforms [93][104] Question: Cloud and AI Growth Drivers - The $1.5 billion increase in AI-related revenue is driven by cloud, data center infrastructure, and semi-capital equipment, with significant growth expected in these areas [105] Question: Margin Impact from Cloud and Data Center Growth - The cloud and data center infrastructure business is not dilutive to margins, with semi-capital equipment margins above enterprise levels [110][111]