Jabil Inc. stock falls as Goldman Sachs cuts price target after strong Q3
Published on 09/16/2026 at 11:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Jabil Inc. stock (ISIN US46612W1036) ended the September 15, 2026 session on the New York Stock Exchange at USD 298.71, reflecting a 5.1 percent decline versus the prior day once intraday swings are taken into account, while analysts highlight an ongoing reassessment of upside after strong recent quarterly figures and price target changes.
Goldman Sachs and UBS refine targets after Q3 strength
According to The Globe and Mail on September 15, 2026, Goldman Sachs analyst Mark Delaney maintains a Buy rating on Jabil with a price target of USD 375.00 based on the company’s latest earnings release for the quarter ending May 31, 2026.
In the same report, UBS is cited as reiterating its Buy rating on Jabil with a higher price target of USD 430.00, underlining that despite the recent share price setback, leading houses still see meaningful upside from the September 15, 2026 closing level of USD 298.71.
As CMoney Researcher reports on September 16, 2026, Goldman Sachs recently lowered its price target on Jabil to USD 375.00, and the stock responded with a 5.1 percent drop, showing that investors are sensitive to any reduction in expected upside even when the rating itself remains Buy.
Latest quarterly figures support Buy case
Based on Jabil’s latest earnings release for the quarter ending May 31, 2026, the company delivered quarterly revenue of USD 8.75 billion and a net profit of USD 275 million, according to The Globe and Mail, underpinning the positive analyst stance.
In a broader segment view, Jabil generated about USD 12.4 billion of revenue from Regulated Industries, USD 15.8 billion from Intelligent Infrastructure and USD 5.4 billion from Connected Living and Digital Commerce over its latest reported full-year period, as highlighted by Simply Wall St on September 15, 2026; these figures show a diversified revenue base that gives investors multi-sector exposure to electronics and AI infrastructure.
The analyst targets of USD 375.00 from Goldman Sachs and USD 430.00 from UBS sit between 25.6 percent and 44.0 percent above the September 15, 2026 closing price of USD 298.71, quantifying the upside implied by current research while also explaining why the market reacted when one of those targets was cut.
Institutional positioning and AI infrastructure angle
Institutional investors have been positioning around Jabil in size, with Bank of America Corp DE acquiring about 1,161,880 shares valued at roughly USD 447.88 million in the second quarter and reaching an ownership stake around 1.11 percent of the company, according to MarketBeat on September 16, 2026.
The same MarketBeat overview notes that Jabil shares opened around USD 295.99 on September 16, 2026, indicating that the stock continued to trade slightly below the September 15, 2026 close of USD 298.71 in early dealings, consistent with lingering caution following the Goldman Sachs price target reduction.
As Simply Wall St explains on September 15, 2026, Jabil functions as a behind the scenes engineering and manufacturing partner for hardware that powers data centers, connected devices and cloud infrastructure, giving shareholders exposure to AI buildouts and digital infrastructure without relying on a single end product or sector.
Stock level and valuation context
Per recent price data as of September 15, 2026, Jabil Inc. stock closed at USD 298.71 on the New York Stock Exchange, with the previous close recorded around USD 298.72 and intraday moves translating into a 5.1 percent slide once the Goldman Sachs price target cut was digested by the market.
Key facts on Jabil Inc. stock
- Company: Jabil Inc.
- ISIN: US46612W1036
- Ticker: JBL
- Trading venue: New York Stock Exchange
- Price (as of September 15, 2026): 298.71 USD
- Market capitalization: 31,300,000,000 USD (as of September 15, 2026)
- Sector / Industry: Electronic manufacturing services / technology hardware and equipment
- Index membership: S&P 500
