Jabil Faces June 17 Q3 Test as $13.1 Billion AI Revenue Outlook Fuels Stock Surge
Updated
Updated · The Motley Fool · Jun 16
Jabil Faces June 17 Q3 Test as $13.1 Billion AI Revenue Outlook Fuels Stock Surge
3 articles · Updated · The Motley Fool · Jun 16
Summary
Jabil reports fiscal third-quarter results on June 17, with expectations its 60% 2026 stock rally could extend if earnings or guidance top forecasts.
The setup is being driven by AI infrastructure demand: Jabil sells rack-scale servers, liquid-cooling systems and power solutions for data centers, and says demand for AI servers and racks exceeds supply.
March results showed that momentum already building, with fiscal Q2 revenue up 23% to $8.3 billion and earnings per share up 38% to $2.69.
For Q3, Jabil guided to $8.5 billion in revenue and $3.03 in EPS, while projecting full-year AI revenue of $13.1 billion—up 46% after a $1 billion increase to its outlook.
Management also said it was on track to add a third hyperscaler customer, a potential catalyst for another guidance raise as AI server spending expands.