Jabil Eyes Q3 Boost After 60% Stock Rally on $13.1 Billion AI Revenue Outlook
Updated
Updated · The Motley Fool · Jun 16
Jabil Eyes Q3 Boost After 60% Stock Rally on $13.1 Billion AI Revenue Outlook
3 articles · Updated · The Motley Fool · Jun 16
Summary
Jabil reports fiscal third-quarter results on June 17, with bullish expectations that strong AI demand could lift shares further after a 60% gain in 2026.
AI infrastructure is driving that optimism: Jabil said in March that fiscal 2025 AI revenue should rise 46% to $13.1 billion, after it raised that outlook by $1 billion.
Its last quarter showed the momentum already building, with revenue up 23% year over year 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 EPS at the midpoint, but demand for AI servers, racks, cooling and power systems is reportedly exceeding supply.
Management also said it was on track to add a third hyperscaler customer, reinforcing the longer-term case as AI server demand expands across data centers.