Jabil, Inc. (JBL) has seen a 119.6% increase in stock value over the past year, despite underperforming the Zacks Computer & Technology sector but surpassing the S&P 500’s growth. In comparison to competitors, Jabil has outperformed Sanmina Corporation (SANM) at 80.1% but has lagged behind Celestica, Inc. (CLS), which surged 311.4%.
Jabil is investing $500 million in the Southeast U.S. to enhance manufacturing capabilities for AI data center infrastructure, responding to the projected growth of the AI data center market, estimated to reach $60.49 billion by 2030, with a CAGR of 28.3%. The company’s recent acquisition of Mikros Technologies aims to improve cooling systems in data centers, a critical need driven by the increasing demand for AI workloads.
Jabil’s earnings estimates have improved, with a 4.45% increase for 2025, bringing the estimate to $9.39, and a 7.39% increase for 2026 to $11.05. As of now, Jabil trades at a price/earnings ratio of 21.00, below the industry average of 23.59 but above its own historical mean of 16.73.
