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Jabil (JBL) Stock Forecast & Price Target

$112.16
-1.14 (-1.01%)
(As of 07/23/2024 ET)

Jabil - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 8 Wall Street analysts who have issued ratings for Jabil in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 8 analysts, 2 have given a hold rating, 5 have given a buy rating, and 1 has given a strong buy rating for JBL.

Consensus Price Target

$142.63
27.16% Upside
High Forecast$161.00
Average Forecast$142.63
Low Forecast$120.00

According to the 8 analysts' twelve-month price targets for Jabil, the average price target is $142.63. The highest price target for JBL is $161.00, while the lowest price target for JBL is $120.00. The average price target represents a forecasted upside of 27.16% from the current price of $112.16.

TypeCurrent Forecast
7/25/23 to 7/24/24
1 Month Ago
6/25/23 to 6/24/24
3 Months Ago
4/26/23 to 4/25/24
1 Year Ago
7/25/22 to 7/25/23
Consensus Rating
Moderate Buy
Moderate Buy
Buy
Buy
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
5 Buy rating(s)
5 Buy rating(s)
5 Buy rating(s)
3 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$142.63$142.63$144.50$99.88
Forecasted Upside27.16% Upside13.70% Upside15.10% Upside13.96% Upside
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JBL Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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JBL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Jabil Stock vs. The Competition

TypeJabilComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.88
2.61
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside27.16% Upside124.17% Upside9.26% Upside
News Sentiment RatingPositive News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/21/2024Bank of America
4 of 5 stars
 Lower TargetBuy ➝ Buy$150.00 ➝ $135.00+17.70%
6/21/2024Barclays
2 of 5 stars
 Lower TargetOverweight ➝ Overweight$149.00 ➝ $135.00+21.27%
6/21/2024UBS Group
4 of 5 stars
 Lower TargetNeutral ➝ Neutral$130.00 ➝ $120.00+7.35%
6/17/2024JPMorgan Chase & Co.
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 Lower TargetOverweight ➝ Overweight$155.00 ➝ $145.00+18.72%
3/19/2024Argus
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 DowngradeBuy ➝ Hold
3/4/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$141.00 ➝ $161.00+8.30%
12/15/2023Stifel Nicolaus
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 Boost TargetBuy ➝ Buy$135.00 ➝ $140.00+4.16%
10/11/2023Raymond James
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 Boost TargetStrong-Buy ➝ Strong-Buy$120.00 ➝ $160.00+19.11%
6/16/2023VNET Group
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 Reiterated RatingMaintains
6/16/2023Credit Suisse Group
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 Boost Target$110.00 ➝ $125.00+19.46%
12/16/2022Citigroup
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 Boost Target$80.00 ➝ $85.00+24.36%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 07:51 AM ET.

JBL Forecast - Frequently Asked Questions

What is Jabil's forecast for 2024?

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Jabil is $142.63, with a high forecast of $161.00 and a low forecast of $120.00.

Should I buy or sell Jabil stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Jabil in the last year. There are currently 2 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" JBL shares.

Does Jabil's stock price have much upside?

According to analysts, Jabil's stock has a predicted upside of 13.70% based on their 12-month stock forecasts.

What analysts cover Jabil?

Jabil has been rated by research analysts at Bank of America, Barclays, JPMorgan Chase & Co., and UBS Group in the past 90 days.

Do Wall Street analysts like Jabil more than its competitors?

Analysts like Jabil more than other "computer and technology" companies. The consensus rating score for Jabil is 2.88 while the average consensus rating score for "computer and technology" companies is 2.61. Learn more on how JBL compares to other companies.


This page (NYSE:JBL) was last updated on 7/24/2024 by MarketBeat.com Staff

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