Jabil Likely To Report Higher Q3 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Jabil Inc. (JBL) is set to release Q3 earnings on Tuesday, with analysts anticipating EPS of $2.30, up from $1.89 year-over-year, and revenue of $7.03 billion, compared to $6.76 billion last year. Recent analyst ratings show a generally positive outlook, with Goldman Sachs and Barclays maintaining bullish positions and raising price targets to $188 and $206, respectively, while JP Morgan lowered their price target to $154.

Analysis

Jabil Inc. is scheduled to announce its third-quarter earnings on Tuesday, June 17, with analysts forecasting notable year-over-year growth. The consensus projection for earnings per share is $2.30, an increase from $1.89 in the corresponding period last year, while revenue is anticipated to be $7.03 billion, compared to $6.76 billion previously; this represents an expected EPS growth of approximately 21.7% and revenue growth of 4.0%. This upcoming financial disclosure follows the company's announcement on May 21 of a memorandum of understanding with AVL Software and Functions GmbH, aimed at enhancing its e-drive and software capabilities. Jabil's shares recently saw a modest 0.4% increase, closing at $179.08. Analyst ratings present a somewhat mixed but largely positive recent outlook, reflected in a per-ticker sentiment score of 0.75 for JBL. Goldman Sachs analyst Mark Delaney (77% accuracy) maintained a Buy rating and raised the price target from $165 to $188 on June 10, 2025. Similarly, Barclays analyst George Wang (71% accuracy) maintained an Overweight rating and increased the price target from $184 to $206 on the same date. Conversely, JP Morgan's Samik Chatterjee (70% accuracy), while maintaining an Overweight rating, reduced the price target from $175 to $154 on April 17, 2025. UBS analyst David Vogt (66% accuracy) maintained a Neutral rating with a price target increase to $157 on March 21, 2025, while an earlier rating from Stifel's Matthew Sheerin (73% accuracy) on December 19, 2024, reiterated a Buy rating with a price target of $160.

Key Decisions for Investors

• Investors should closely monitor Jabil's Q3 earnings release on June 17, as performance against the expected $2.30 EPS and $7.03 billion revenue will be a key near-term catalyst.
• Evaluate positions in light of recent analyst price target upgrades from Goldman Sachs (to $188) and Barclays (to $206), which suggest potential upside from the current $179.08 level, while also considering JP Morgan's contrasting target cut to $154 and UBS's Neutral stance.
• Assess the potential long-term impact of the strategic partnership with AVL Software and Functions GmbH on Jabil's growth trajectory in the e-drive and software segments, particularly in future earnings reports.