JBL Stock Jumps 6% After UBS Upgrade — How Amazon, Meta, Google Could Power Jabil’s AI Growth
Jabil Inc. (JBL) shares rose after UBS upgraded the stock to ‘Buy,’ citing significant AI-driven growth fueled by investments from Amazon, Meta, and Google. UBS projects Jabil’s AI-related revenue to increase by 50% to $20.3 billion in fiscal 2027, with Amazon being a key AI partner. The firm maintained its $430 price target, suggesting a nearly 28% upside.
Why it matters
Attributed market update with source link for portfolio context.