Why Jabil Stock Bumped Higher on a Gloomy Wednesday for the Market

Group 1 - Jabil's shares increased by 1.8% following strong quarterly results, outperforming the S&P 500 index which fell by 1.2% [1] - For Q1 fiscal 2026, Jabil reported net revenue of $8.3 billion, a 19% year-over-year increase, and core net income of $309 million, up 36% [2] - Both revenue and core net income exceeded analyst expectations, with estimates of $8 billion and $2.69 per share respectively [3] Group 2 - Jabil provided guidance for fiscal 2026, projecting net revenue of $32.4 billion and core net income of $11.55 per share, surpassing analyst forecasts of $31.6 billion and $11.12 [4] - The company's intelligent infrastructure segment is expected to benefit from growing demand driven by artificial intelligence and data center expansions [5] - Jabil's performance reflects strong growth across multiple segments, not limited to its intelligent infrastructure business [5]