Jabil (NYSE:JBL) Shares Gain Following UBS Upgrade and $20.3 Billion AI Revenue Estimate

Jabil (NYSE:JBL) shares rose by 3.3% after UBS upgraded the stock to Buy and maintained a $430 price target, projecting $20.3 billion in AI-related revenue for fiscal 2027. This projection implies a 49% growth, similar to Jabil's current rate, and highlights the company's strong performance in AI infrastructure demand. The upgrade signals continued confidence in Jabil's ability to capitalize on the growing AI market, despite risks associated with its P/E ratio and dependence on maintaining high growth and margins.