JBL Stock Forecast: JBL beats all estimates, secures a buy rating

JBL Stock Forecast: The stock is expected to trade between $73 and $82. The overall recommendation is Buy.

JBL Stock Forecast: Latest Price

JBL Stock: Performance Chart

Stock Name	5 Days	1 Month	6 Months	1 Year
JBL	-7.1%	-6.7%	-15.7%	-5.5%

JBL Stock: Latest Tweet

Jim on Twitter: “$JBL Q3’22 YoYRev=$24.4B🔼12%P/L=$681M’22 OutlookRev=$32.8BEPS=$7.45Free CF=$700Mlast 2 days of sell volume:06/16=3.3M🔻– 3x above avg vol06/17=2.7M🔻– 3x above avg volA lot of green in these YoY figures but share performance down and out.Shares -24% YTD to $54 pic.twitter.com/RQ3cZObTBP / Twitter”
JBL Q3’22 YoYRev=$24.4B🔼12%P/L=$681M’22 OutlookRev=$32.8BEPS=$7.45Free CF=$700Mlast 2 days of sell volume:06/16=3.3M🔻– 3x above avg vol06/17=2.7M🔻– 3x above avg volA lot of green in these YoY figures but share performance down and out.Shares -24% YTD to $54 pic.twitter.com/RQ3cZObTBP

JBL Stock Forecast: Today’s Outlook

Indicator	Trend
Overall Outlook	Neutral
Market Data
Market Cap	Higher
Technical	Buy
Trading Volume	Lower
Crowd’s Wisdom
Google Search Volume	Steady
Social Media Sentiment	Negative

JBL Stock Forecast: Price Target

Source	High	Low
WSJ	$82	$73
CNN	$82	$73
NASDAQ	$80	$69

Because of the promising price rise since March, analysts recommend “buying” this stock for the long run. Due to the recent launch of Qfinity, an autoinjector platform, the revenue stream of JBL is expected to rise. Its core earnings and earnings per common share came in at $246 million and $1.7, up 26.8% and 32.3% year-over-year, respectively.

JBL Stock Forecast: Latest Video

JBL Stock Forecast: Latest News

JBL is expected to present its earnings report prior to 6/16/22 when the markets open. It is going to be for the quarter ending in May. The forecast for earnings per share is $1.4. This value represents a 27.7% increase compared to the same quarter last year. Their price-to-earnings ratio is 8.8 compared to their industry average of 10.6.
Even after NASDAQ’s tech index is down by 16.4%, JBL has remained relatively flat at 2%. It is witnessing solid momentum across many areas – healthcare, automotive retail, industrial and semi-cap, and 5G wireless and cloud end markets. It is now trading at 10 times earnings.
Jabil has announced a new transceiver & their PK500 this quarter which has contributed to their growth. The company has also formed Jabil Payment Solutions and signed a contract with SaltMED, a medical device company. The year was well-rounded for JBL and the revenue is expected to grow.

JBL Stock Forecast: Google Trends

JBL Stock Forecast: Technical Analysis

–Nandini Panchal

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.