On August 4, Jabil Circuit rose 5.19% in regular trading, trading at 335.33 USD/share, with turnover of $48.17 million.

On the news front, the company previously announced board authorization of a share repurchase program of up to $1.5 billion, while the AI hardware sector extended a collective rebound. Investment bank Stifel noted that recent sector selling should be viewed as a rational valuation reset rather than a demand weakness signal, listing Jabil Circuit among names where valuations have compressed significantly.

Fundamentally, Jabil Circuit reported Q3 revenue of $8.8 billion, up 12% year-over-year, with non-GAAP EPS of $3.16 beating consensus estimates. The company raised full-year fiscal 2026 guidance to $35 billion in revenue and $12.70 in core EPS. AI-related revenue is projected to grow 50% in fiscal 2027. Goldman Sachs and JPMorgan recently raised their price targets to $482 and $450, respectively, both maintaining bullish ratings.

Within the Electronic Manufacturing Services sector, peers rallied broadly, with Fabrinet up 13.33%, TTM Technologies up 8.66%, Flex Ltd up 6.75%, and Celestica up 6.08%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)