BUZZ-BofA raises Jabil PT on strong growth opportunities

Reuters01-14
BUZZ-BofA raises Jabil PT on strong growth opportunities

** BofA Global Research raises PT on electronics firm Jabil JBL.N to $280 from $265; reiterates "buy"

** New PT represents a 17.4% upside to stock's last close

** Says JBL expects strong growth in 2026 across merchant silicon, core computing and next-generation custom Application-Specific Integrated Circuit $(ASIC)$ solutions

** JBL’s opportunity with its second hyperscale customer is expanding from optical transceivers into storage and potentially compute and AI - Brokerage

** Expects JBL to see strong growth in FY27 as Croatia facility comes online; says co plans capacity additions in the U.S., India, Mexico and potentially Malaysia

** 10 of 12 brokerages rate stock "buy" or higher and 2 "hold"; median PT is $261.2 - data compiled by LSEG

** JBL gained 55.3% in 2025

(Reporting by Megavarshini G. Somasundaram in Bengaluru)

((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))

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