On July 9, Jabil rose 5.13% in regular trading, trading at 337.99 USD/share, with turnover of $56.59 million. The rebound follows a broad selloff in the electronic manufacturing services sector on July 7, when concerns over AI compute overcapacity — triggered by Meta's plan to sell idle AI capacity — dragged Jabil down over 5% in a single session.

The sector recovery was broad-based, with Flex Ltd rising 6.34%, TTM Technologies up 4.75%, and Fabrinet gaining 3.24%. On the fundamental side, Jabil reported strong fiscal Q3 results in June, with revenue of $8.75 billion (up 12% year-over-year) and adjusted EPS of $3.16 beating consensus estimates of $3.10. The company raised full-year fiscal 2026 revenue guidance to $35 billion and projected 50% AI-related revenue growth in fiscal 2027. Multiple investment banks subsequently raised price targets, with Goldman Sachs setting a $482 target and JPMorgan at $450, both maintaining bullish ratings.

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