Jabil (JBL, $68.33) beats fiscal Q1 earnings expectations; boosts 2023 forecast
Jabil posted its first quarter earnings that exceeded analysts’ expectations, and also raised its full-year outlook on expectations of strong demand.
The manufacturing services company’s adjusted EPS came in at $2.31 for the three months through Nov. 30, topping the Street's expectations of $2.24.
Revenue rose to $9.64 billion, from $8.57 billion in the year-ago quarter, and beating the Street's forecast of $9.29 billion. The diversified manufacturing segment revenue grew +8% to $5.1 billion, while the electronics business climbed +18% to $4.5 billion.
Jabil expects adjusted profit of $8.40 a share for fiscal 2023, an upward revision of +$0.25 from its prior guidance, and higher than consensus forecast of $8.27 (based on Capital IQ data, as reported in MT NewsWires). The manufacturing services company also reaffirmed its revenue outlook of $34.5 billion.
Demand across most end markets remains "extremely resilient," and continues to benefit from "strong secular tailwinds," Chief Financial Officer Michael Dastoor mentioned in an earnings call, (according to a Capital IQ transcript).
"We feel the outlook for our business is solid and expect demand across many of our end markets to remain strong with year-over-year revenue growth at an enterprise level to be approximately 3% for (fiscal 2023) despite an assumed economic slowdown in the second half of the fiscal year." Dastoor added. Automotive revenue growth is on track to be more than 40%, and health care and industrial businesses are expected to grow in double-digits, alongwith strong gains in 5G wireless, as indicated by Dastoor.
JBL in -1.44% downward trend, falling for three consecutive days on November 18, 2025
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where JBL declined for three days, in of 254 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on November 11, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on JBL as a result. In of 82 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for JBL turned negative on November 13, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 49 similar instances when the indicator turned negative. In of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at .
JBL moved below its 50-day moving average on November 13, 2025 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for JBL crossed bearishly below the 50-day moving average on November 17, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 20 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where JBL advanced for three days, in of 349 cases, the price rose further within the following month. The odds of a continued upward trend are .
JBL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 276 cases where JBL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 78, placing this stock better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. JBL’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (13.889) is normal, around the industry mean (5.276). P/E Ratio (33.226) is within average values for comparable stocks, (55.751). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (1.603). JBL has a moderately low Dividend Yield (0.002) as compared to the industry average of (0.021). P/S Ratio (0.732) is also within normal values, averaging (3.216).
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General Information
a manufacturer of electronics products
Industry ElectronicComponents
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