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Jabil, Inc. (JBL) Hits Fresh High: Is There Still Room to Run?

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Shares of Jabil (JBL - Free Report) have been strong performers lately, with the stock up 16.7% over the past month. The stock hit a new 52-week high of $256.17 in the previous session. Jabil has gained 11% since the start of the year compared to the 28.1% move for the Zacks Computer and Technology sector and the 119.4% return for the Zacks Electronics - Manufacturing Services industry.

What's Driving the Outperformance?

The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on December 17, 2025, Jabil reported EPS of $2.85 versus consensus estimate of $2.72.

For the current fiscal year, Jabil is expected to post earnings of $11.55 per share on $32.42 in revenues. This represents a 18.46% change in EPS on a 8.8% change in revenues. For the next fiscal year, the company is expected to earn $13.41 per share on $34.71 in revenues. This represents a year-over-year change of 16.07% and 7.06%, respectively.

Valuation Metrics

Jabil may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.

On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). The individual style scores for Value, Growth, Momentum and the combined VGM Score run from A through F. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style.

Jabil has a Value Score of B. The stock's Growth and Momentum Scores are A and F, respectively, giving the company a VGM Score of A.

In terms of its value breakdown, the stock currently trades at 21.9X current fiscal year EPS estimates, which is not in-line with the peer industry average of 23X. On a trailing cash flow basis, the stock currently trades at 16.4X versus its peer group's average of 19X. Additionally, the stock has a PEG ratio of 1.48. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.

Zacks Rank

We also need to consider the stock's Zacks Rank, as this supersedes any trend on the style score front. Fortunately, Jabil currently has a Zacks Rank of #2 (Buy) thanks to favorable earnings estimate revisions from covering analysts.

Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Jabil meets the list of requirements. Thus, it seems as though Jabil shares could still be poised for more gains ahead.


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