Jabil FY26 outlook rises to $35B as AI revenue hits $13.6B

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  "detected_at": "2026-09-12T04:05:16+00:00",
  "company": {
    "name": "Jabil",
    "domain": "jabil.com"
  },
  "data": {
    "url": "https://scanx.trade/stock-market-news/investment-ideas/ubs-maintains-neutral-on-jabil-raises-price-target-to-380/42566428",
    "title": "Jabil FY26 outlook rises to $35B as AI revenue hits $13.6B - scanx.trade",
    "excerpt": "Jabil Inc. increased its fiscal 2026 revenue outlook to $35 billion, citing strong AI infrastructure demand and a $500 million increase in AI-related revenue projections to $13.6 billion. Third-quarter revenue reached $8.75 billion, a 12% year-over-year increase, with adjusted EPS of $3.16. The company raised its adjusted earnings outlook to $12.70 per share and announced a potential strategic alliance with Adani Enterprises. Analysts from Baird, Raymond James, and Stifel responded by raising their price targets. *this image is generated using AI for illustrative purposes only. Jabil Inc. raised its fiscal 2026 revenue outlook to $35 billion, driven by AI-related revenue expected to reach $13.6 billion, up $500 million from its March forecast. The company reported third-quarter fiscal 2026 revenue of $8.75 billion, up 12% year-over-year, exceeding analyst expectations of $8.61 billion. Adjusted earnings per share of $3.16 topped the consensus estimate of $3.10, while cash and cash equivalents totaled $1.36 billion as of May 31. The company also secured its third hyperscale customer, with revenue expected to grow into a billion-dollar opportunity by fiscal 2028. GAAP diluted earnings per share for the quarter was $2.59, while core diluted earnings per share was $3.16, up 24% year-over-year. Core operating income was $504 million, representing a core operating margin of 5.8%...",
    "summary": "Jabil Inc. increased its fiscal 2026 revenue outlook to $35 billion, citing strong demand for AI infrastructure.",
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    "image_url": "https://news-images.dhan.co/ubs-maintains-neutral-on-jabil-raises-price-target-to-380.jpg",
    "confidence": 0.9,
    "published_at": "2026-09-12T04:05:16Z",
    "article_sentence": "Jabil Inc. increased its fiscal 2026 revenue outlook to $35 billion, citing strong AI infrastructure demand and a $500 million increase in AI-related revenue projections to $13.6 billion.",
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