JP Morgan Raises Jabil (JBL) Price Target to $430
JP Morgan has reiterated its Overweight rating on Jabil Inc. and raised its price target to $430, a 55% upside from the current price.
Reviewed by automated data checks against the source data. How we make and check alerts
JP Morgan raised its price target on Jabil Inc. ($JBL) to $430 from $425 on October 1, 2026, and rates the stock "Overweight".
Since the rating, $JBL is down 0.2% after 1 week and down 7.2% to date (from the $299.79 close on Oct 1, 2026).
JBL
Jabil Inc.
Key Points
- JP Morgan reiterated its Overweight rating on Jabil Inc. on October 1, 2026, raising the price target to $430 from $425.
- JP Morgan's $430 price target implies 55% upside from Jabil Inc.'s ($JBL) current $277.42 share price.
- The stock closed at $293.91 on the same day, indicating a significant gap between its current price and the new target.
- Jabil Inc. has a market cap of about $30.1 billion and reported a revenue of $35.9 billion in its latest fiscal year.
Get $JBL trade alerts by text
We text you when insiders, Congress or big funds trade $JBL. Free.
Not investment advice. TradeTexts is not a registered investment adviser, and this automated Jabil Inc. alert may contain errors. Disclosures
JP Morgan's Rating Update
On October 1, 2026, JP Morgan reiterated its Overweight rating on Jabil Inc. (NYSE: JBL) and increased its price target from $425 to $430. The stock closed at $293.91 on that same day. This adjustment reflects JP Morgan's positive outlook on Jabil's future performance in the technology sector.
JP Morgan vs. the S&P 500
Hypothetical returns from JP Morgan's disclosed trades, not real profit or advice. How we model this.
What Changed in JP Morgan's Position
JP Morgan's new price target represents a slight increase from its previous target. The firm remains confident in Jabil's ability to deliver growth, as indicated by its Overweight rating. This rating suggests that JP Morgan expects the stock to outperform the market.
Analysts Set New Price Targets
On October 1, 2026, several other firms also weighed in on Jabil Inc. Argus Research reiterated its Buy rating, maintaining a price target of $475. Barclays kept its Overweight rating but lowered its target to $378 from $426. Goldman Sachs maintained its Buy rating with a target of $375, down from $482. These varying perspectives highlight the mixed sentiments among analysts regarding Jabil's future price trajectory.
Stock Performance Context
With a closing price of $293.91 on October 1, Jabil's shares are currently trading significantly below the new price target of $430. This gap suggests potential upside for the stock, as analysts remain optimistic about its prospects. Jabil's stock has seen a 52-week high of $428.93, indicating it is still well below this peak but has room to grow.
$JBL price target
Jabil Inc. daily closes and this analyst's $430 target. Not advice.
Recent Earnings
Jabil reported revenue of approximately $35.9 billion for the last fiscal year, reflecting a year-over-year growth rate of 28.6%. The company's earnings per share (EPS) stood at $9.75, and it has a return on equity (ROE) of about 66.4%. The next earnings report is expected on December 16, 2026, which could provide further insights into the company's financial health and growth trajectory.
What Jabil Inc. Does
Jabil Inc. provides engineering, manufacturing, and supply chain solutions worldwide. The company operates across various segments, including Regulated Industries and Intelligent Infrastructure, and serves multiple industries such as healthcare, automotive, and digital commerce.
What's Ahead for Jabil Inc.
Investors will be watching closely for Jabil's next earnings report on December 16, 2026, as it may impact analyst ratings and price targets. As a reminder, JP Morgan's recent rating reflects the firm's view as of October 1, 2026, and may not represent its current position moving forward.
Related Filing Alerts
Source: JP Morgan's rating change on $JBL (Oct 1, 2026). Written by software, not financial advice. How we make alerts