Jabil price target raised to $265 from $262 at BofA

BofA raised the firm’s price target on Jabil (JBL) to $265 from $262 and keeps a Buy rating on the shares after the company delivered a “strong” fiscal Q1 and raised FY26 revenue and EPS guidance above the firm’s and Street’s estimates. Given strength in existing programs and the number of new AI programs that Jabil can potentially bid for, the firm still views FY26 guidance as “conservative,” the analyst tells investors.