Jabil Inc Stock Price, News & Analysis

Jabil (NYSE: JBL) reported strong Q1 FY2025 results with net revenue of $7.0 billion and core diluted EPS of $2.00. The company demonstrated robust performance driven by strength in Cloud, Data Center Infrastructure, and Digital Commerce segments.

For Q2 FY2025, Jabil projects revenue between $6.1-6.7 billion and core diluted EPS of $1.60-2.00. The company raised its FY2025 outlook, now expecting $27.3 billion in net revenue, 5.4% core operating margins, core EPS of $8.75, and adjusted free cash flow of $1.2 billion.

Jabil (NYSE: JBL) has announced it will release its first quarter fiscal year 2025 financial results on Wednesday, December 18, 2024, before market opening. The manufacturing solutions company will host a conference call and webcast at 8:30 a.m. ET to review the results.

Investors can access the call via U.S. dial-in (877) 407-6184 or International (201) 389-0877. The live audio webcast and slide presentation will be available through Jabil's Investor Relations website, with an archived replay accessible after the call.

Jabil (NYSE: JBL) has signed a Memorandum of Understanding (MoU) with the Gujarat state government, following a similar agreement with Tamil Nadu in September 2024. The non-binding agreement enables Jabil to explore expansion opportunities in India, particularly in the Intelligent Infrastructure segment, which includes cloud, compute, storage, networking, and data center infrastructure capabilities. The company aims to support increasing demands of cloud and AI data center growth through investments in silicon photonics products, liquid cooling solutions, and expanded server portfolio. The expansion also presents opportunities for Jabil's automotive and transportation industry customers to consider manufacturing in India.

Jabil and Cyferd have announced a joint venture called ID8 Global to launch an AI-driven autonomous supply chain and procurement platform. The collaboration combines Jabil's global supply chain expertise with Cyferd's proprietary self-learning AI engine, Neural Genesis. The platform aims to help organizations autonomously manage complex, multi-tiered supply chains, optimize procurement processes, and respond to market changes in real-time. The solution will enable proactive disruption management and efficient supply chain operations. The platform and joint venture will be officially unveiled at Electronica in Munich, Germany, November 12-15.

Jabil (NYSE: JBL) has announced a quarterly dividend of $0.08 per share of common stock. The dividend will be paid to shareholders of record as of November 15, 2024, with the payment date set for December 3, 2024. This announcement continues Jabil's tradition of paying consecutive quarterly cash dividends on its common shares, which has been ongoing since May 15, 2006. The declaration of this dividend by Jabil's Board of Directors demonstrates the company's commitment to returning value to its shareholders.

Axiado and Jabil Inc. (NYSE: JBL) have announced a collaboration to develop AI-driven cybersecurity and Open Compute Project (OCP) compliant server solutions. The joint solutions will be showcased at the 2024 OCP Global Summit in San Jose, offering data centers and cloud service providers scalable, secure, and customizable server platforms leveraging AMD and Intel architectures.

Key highlights of the collaboration include:

• Choice of AMD 5th Generation EPYC™ Zen5 or Intel® Xeon® 6 processors
• Customizable server platforms featuring Axiado's Trusted Control/Compute Units (TCUs)
• Support for Data Center Modular Hardware Systems (DC-MHS) and Data Center-ready Secure Control Module (DC-SCM v2.0)
• OCP-compliant server designs for scalable, energy-efficient solutions

Axiado's AX3000 and AX2000 TCUs, as well as OCP DC-SCM 2.0 Compliant Axiado SCM3002 and SCM3003, are available now for purchase.

Jabil Inc. (NYSE: JBL) has unveiled its latest server portfolio expansion with the J421E-S and J422-S servers, powered by AMD 5th Generation EPYC™ and Intel® Xeon® 6 processors. These servers are designed for AI, high-performance computing, fintech, and cloud applications, offering superior performance and enhanced efficiency.

Key features include:

• Customizable design for specific customer requirements
• Fine-tuned BIOS and BMC firmware for improved performance
• Precision Time Measurement (PTM) optimized motherboards
• Collaboration with STAC Research and Liquid Market Solutions for fintech innovations
• Full-service platform engineering with custom power and cooling solutions

The servers will be available for sampling and enter production in the first half of 2025. Jabil will showcase these platforms at the 2024 OCP Global Summit in San Jose, California.

Jabil Inc. (NYSE: JBL) has acquired Mikros Technologies , a leader in liquid cooling solutions for thermal management. The acquisition, completed on October 1, aims to support the growing demand for liquid cooling in AI data centers. Mikros Technologies' expertise in thermal management and precision jetting solutions spans over 30 years.

The acquisition enhances Jabil's capabilities in managing intense thermal requirements for current and future products, focusing on energy efficiency and cost-effectiveness. Mikros' proprietary microchannel cold plate designs can cool over one kilowatt per square centimeter, complementing Jabil's portfolio of data center lifecycle solutions, semiconductor test equipment solutions, and energy and transportation solutions.

This strategic move positions Jabil to better serve cloud service providers, hardware OEMs, and liquid cooling solutions providers, while also exploring opportunities in other markets requiring advanced thermal management.

Jabil (NYSE: JBL) announced its fourth quarter and fiscal year 2024 results, reporting net revenue of $7.0 billion for Q4 and $28.9 billion for the fiscal year. The company achieved a U.S. GAAP operating income of $318 million in Q4 and $2.0 billion for the year. Core diluted EPS was $2.30 for Q4 and $8.49 for FY24. Jabil also generated over $1 billion in adjusted free cash flow and returned $2.5 billion to shareholders via buybacks. Looking ahead, Jabil projects Q1 FY25 net revenue between $6.3 billion and $6.9 billion, with core diluted EPS ranging from $1.65 to $2.05. For FY25, the company forecasts $27.0 billion in net revenue, a core operating margin of 5.4%, and core diluted EPS of $8.65. Additionally, Jabil announced a new $1 billion share repurchase authorization.