Argus Remains Bullish on Jabil Inc. (JBL) – Here’s Why

Jabil Inc. (NYSE:JBL) is one of the best big tech stocks to buy according to Wall Street analysts. Argus lifted the price target on Jabil Inc. (NYSE:JBL) to $475 from $300 on June 18 and maintained a Buy rating on the shares, telling investors in a research note that the company delivered stronger-than-expected fiscal Q3 results and raised FY26 guidance. This reinforces expectations for double-digit growth and also highlights increased investment in manufacturing capacity, the expanding AI-driven opportunities, and a favorable outlook across data center infrastructure, healthcare, automotive, networking, and its broader end markets, according to the firm.

BofA Stays Bullish on Jabil (JBL) as FY26 Outlook Exceeds Expectations

Jabil Inc. (NYSE:JBL) also received a rating update from Raymond James the same day. The firm lifted the price target on the stock to $450 from $425 and reaffirmed a Strong Buy rating on the shares. It told investors in a research note that following strong May-quarter results that lifted FY26 expectations, the view on the company remains positive. This is supported by factors such as accelerating AI-related demand and the strength of its broader, well-diversified business portfolio, supporting continued conviction in the stock.

Jabil Inc. (NYSE:JBL) is involved in the provision of manufacturing services and solutions. The company’s operations are divided into the Electronics Manufacturing Services (EMS) and Diversified Manufacturing Services (DMS) segments.

While we acknowledge the risk and potential of JBL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than JBL and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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