Jabil (NYSE: JBL) reported a 16% revenue increase and a 35% rise in earnings year-over-year for its fiscal 2025 third-quarter results ending May 31, released on June 17. The company has raised its full-year revenue forecast to $29 billion, up from $27.9 billion, and projects earnings per share of $9.33, an increase from $8.95.
CEO Mike Dastoor noted accelerating demand for AI infrastructure, with expected AI revenue to jump 50% to $8.5 billion this year, constituting nearly 30% of the company’s total revenue. Jabil plans to invest $500 million to enhance its manufacturing capabilities for AI server racks.
In 2025, Jabil’s stock has risen 45%, outperforming the Nasdaq Composite index’s 1% increase. Its current forward price-to-earnings ratio is less than 20, which is below the Nasdaq-100’s average of 29, while the AI server market is projected to grow at an annual rate of 34% until 2030.
