Jabil Circuit (NYSE:JBL) stock surged to a fresh all-time high of $219.14, fueled by investor optimism surrounding the company’s accelerating growth in artificial intelligence and cloud infrastructure. With this rally, Jabil’s market valuation has climbed to $23.45 billion, reflecting a near 100% return over the past year.
The surge in share price is backed by active share repurchases from management and positive sentiment from analysts, who have issued price targets ranging from $176 to $245. Jabil’s performance highlights its growing influence in the Electronic Equipment, Instruments & Components sector, as it capitalizes on demand across data-driven industries.
On the financial front, the company recently reported $7.8 billion in total revenue, exceeding analyst expectations with 19% pro forma growth. The standout factor: Jabil raised its AI-related revenue forecast to $8.5 billion for fiscal 2025, up from a prior $7.5 billion estimate—and significantly above its original projection of $5 billion to $6 billion.
Brokerages have responded positively. Barclays, which now has a $223 price target, praised Jabil’s strength in Cloud and Data Center segments, which continue to drive upside surprises. BofA Securities boosted its target to $245, while UBS and Stifel also expressed confidence in the stock’s AI-related upside potential.
As part of its growth strategy, Jabil announced plans to open a new U.S. manufacturing site to support its expanding cloud infrastructure business. The latest developments underscore Jabil’s evolving role in powering the AI ecosystem, reinforcing its upward trajectory in both financial markets and technology supply chains.