On July 31, Jabil Circuit rose 5.55% in regular trading, trading at approximately $315.06 per share, with turnover of $34.24 million. The stock continued its recovery as the broader AI hardware sector extended a collective rebound following a sustained valuation correction period.

Investment bank Stifel previously noted that the recent selloff should be viewed as a rational valuation reset rather than a signal of weakening demand, listing Jabil Circuit among stocks whose valuations had been significantly compressed. Multiple banks have raised their price targets on the stock, with Goldman Sachs targeting $482 and JPMorgan targeting $450, both maintaining bullish ratings. The company reported fiscal Q3 results in June that exceeded expectations, with adjusted EPS of $3.16 versus the $3.10 consensus estimate and revenue of $8.75 billion versus the $8.61 billion estimate. Jabil raised its full-year fiscal 2026 guidance to $35 billion in revenue and $12.70 in core EPS, while its preliminary fiscal 2027 AI outlook projects AI-related revenue growth of 50%. The company also authorized a $1.5 billion share repurchase program in mid-July.

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