Jabil rated Buy with 32% upside on AI-driven margin growth and infrastructure demand

Jabil is rated Buy with a $450 price target, reflecting a 32% potential upside driven by strong demand for AI infrastructure and expected margin expansion. The company's operating margin is forecasted to increase from 5.7% in FY26 to over 6% in FY27, which will boost earnings per share growth. Jabil's diversified portfolio, capacity expansion, and recent win with a third hyperscaler position it as a key beneficiary of the growing AI infrastructure market. This outlook highlights Jabil's strategic advantage in the electronics contract manufacturing sector amid AI technology growth.