Jabil Inc. (NYSE:JBL) on Wednesday reported better-than-expected fiscal third-quarter 2026 results and raised its full-year guidance.

The company reported adjusted earnings of $3.16 per share, topping the analyst consensus estimate of $3.10. Revenue increased 12% year over year to $8.75 billion, exceeding analysts' expectations of $8.61 billion.

For the fiscal fourth quarter, Jabil expects revenue of $9.20 billion to $10.00 billion, above the analyst consensus estimate of $8.97 billion. The company forecasts adjusted earnings of $3.80 to $4.20 per share, compared with analysts' expectations of $3.72.

For fiscal 2026, Jabil raised its revenue outlook to $35.00 billion from its previous forecast of $34.00 billion, ahead of the analyst consensus estimate of $34.24 billion. The company also increased its adjusted earnings outlook to $12.70 per share from $12.25, topping the consensus estimate of $12.38.

“Jabil delivered a very strong third quarter, with results ahead of our expectations across revenue, core operating margin, core EPS, and free cash flow,” said CEO Mike Dastoor. “AI infrastructure demand remains extremely strong, and our full-year AI-related revenue outlook is now meaningfully higher. At the same time, we continued to see better-than-expected performance in areas of the portfolio that had previously been under pressure, particularly in Automotive and Connected Living.”

Jabil shares fell 0.3% to trade at $373.95 on Thursday.

These analysts made changes to their price targets on Jabil following earnings announcement.

• Baird analyst Luke Junk maintained Jabil with an Outperform rating and raised the price target from $355 to $440.
• Raymond James analyst Melissa Fairbanks maintained the stock with a Strong Buy and raised the price target from $425 to $450.
• Stifel analyst Ruben Roy maintained the stock with a Buy and raised the price target from $430 to $460.

Considering buying JBL stock? Here’s what analysts think:

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