BofA Stays Bullish on Jabil (JBL) as FY26 Outlook Exceeds Expectations

Core Insights - Jabil Inc. (NYSE:JBL) is recognized as one of the 20 Best Performing Dividend Stocks in 2025 [1] - BofA has raised its price target for Jabil to $265 from $262, maintaining a Buy rating due to strong fiscal Q1 results and optimistic FY26 guidance [2] - Jabil's forecast for fiscal 2026 revenue is $32.4 billion, exceeding analysts' expectations of approximately $31.52 billion, driven by increased demand for AI-related data center spending [2] Company Overview - Jabil Inc. operates as a global engineering, design, manufacturing, and supply chain partner, collaborating with major brands like Apple across various sectors including healthcare, automotive, technology, and aerospace [3] Market Trends - The rising demand for data center infrastructure, particularly related to AI technologies, is positively impacting Jabil's business outlook [2] - The company has a growing pipeline of potential AI-related projects, which analysts believe could lead to further upside [2]