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Can Jabil's Next-Generation Automotive Portfolio Drive Future Growth?
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Key Takeaways
JBL expands its automotive business with EVs, advanced safety and connected mobility.
Its portfolio spans ADAS, infotainment, high-performance computing, battery management and charging equipment.
Jabil's global supply chain boosts efficiency and speeds up technology launches.
Jabil Inc. (JBL - Free Report) is expanding its footprint in the automotive industry as automakers increasingly adopt electric vehicles, advanced safety systems and connected mobility solutions. The company helps automotive manufacturers and technology suppliers develop innovative products to meet evolving vehicle requirements.
Jabil’s automotive portfolio includes advanced driver-assistance systems (ADAS), vehicle connectivity, infotainment and high-performance computing platforms. It also provides electrification solutions, including battery management systems, inverters, converters and charging equipment, along with LiDAR, radar and camera technologies that support safer, more connected vehicles.
The company offers services across the product development lifecycle, from design and prototyping to testing, industrialization and large-scale manufacturing. Its global production network and supply-chain expertise help customers maintain product quality, improve operational efficiency and accelerate the launch of new automotive technologies.
In addition, Jabil supports the transition toward software-defined commercial vehicles which use connected electronic systems to enable over-the-air updates and improve vehicle functionality. These capabilities position the company to benefit from the growing adoption of next-generation automotive technologies.
How Are Competitors Performing in the Automotive Industry?
Jabil faces fierce competition from Sanmina Corporation (SANM - Free Report) and Flex Ltd. (FLEX - Free Report) . Sanmina manufactures automotive electronics, including ADAS, battery control modules, power conversion systems and infotainment components. It continues to secure new automotive programs from existing and new customers, with some projects moving from initial development into full-scale production. Sanmina uses automated manufacturing and automotive-quality processes to improve product reliability and production efficiency.
Flex is advancing software-defined vehicle technology through automotive electronic systems that support centralized computing and connectivity. The company is helping automakers improve supply-chain transparency through secure data-sharing solutions. Flex provides power electronics and charging systems for electric and hybrid vehicles, supporting the shift toward vehicle electrification.
JBL’s Price Performance, Valuation and Estimates
Jabil has gained 53.2% in the past year compared with the industry’s growth of 51.9%.
Image Source: Zacks Investment Research
Going by the price/earnings ratio, the company’s shares currently trade at 16.9 forward earnings, lower than 20.35 for the industry.
Image Source: Zacks Investment Research
Earnings estimates for Jabil for 2027 have moved up 6.2% to $17.61 per share over the past 60 days, while the same for 2028 has increased 7.4% to $22.02.
View the Zacks #1 Rank List
Image: Bigstock
Can Jabil's Next-Generation Automotive Portfolio Drive Future Growth?
Key Takeaways
Jabil Inc. (JBL - Free Report) is expanding its footprint in the automotive industry as automakers increasingly adopt electric vehicles, advanced safety systems and connected mobility solutions. The company helps automotive manufacturers and technology suppliers develop innovative products to meet evolving vehicle requirements.
Jabil’s automotive portfolio includes advanced driver-assistance systems (ADAS), vehicle connectivity, infotainment and high-performance computing platforms. It also provides electrification solutions, including battery management systems, inverters, converters and charging equipment, along with LiDAR, radar and camera technologies that support safer, more connected vehicles.
The company offers services across the product development lifecycle, from design and prototyping to testing, industrialization and large-scale manufacturing. Its global production network and supply-chain expertise help customers maintain product quality, improve operational efficiency and accelerate the launch of new automotive technologies.
In addition, Jabil supports the transition toward software-defined commercial vehicles which use connected electronic systems to enable over-the-air updates and improve vehicle functionality. These capabilities position the company to benefit from the growing adoption of next-generation automotive technologies.
How Are Competitors Performing in the Automotive Industry?
Jabil faces fierce competition from Sanmina Corporation (SANM - Free Report) and Flex Ltd. (FLEX - Free Report) . Sanmina manufactures automotive electronics, including ADAS, battery control modules, power conversion systems and infotainment components. It continues to secure new automotive programs from existing and new customers, with some projects moving from initial development into full-scale production. Sanmina uses automated manufacturing and automotive-quality processes to improve product reliability and production efficiency.
Flex is advancing software-defined vehicle technology through automotive electronic systems that support centralized computing and connectivity. The company is helping automakers improve supply-chain transparency through secure data-sharing solutions. Flex provides power electronics and charging systems for electric and hybrid vehicles, supporting the shift toward vehicle electrification.
JBL’s Price Performance, Valuation and Estimates
Jabil has gained 53.2% in the past year compared with the industry’s growth of 51.9%.
Image Source: Zacks Investment Research
Going by the price/earnings ratio, the company’s shares currently trade at 16.9 forward earnings, lower than 20.35 for the industry.
Image Source: Zacks Investment Research
Earnings estimates for Jabil for 2027 have moved up 6.2% to $17.61 per share over the past 60 days, while the same for 2028 has increased 7.4% to $22.02.
Image Source: Zacks Investment Research
Jabil currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.