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Stock Charts AI Power Rank: 0.7
Power Rank trend -> Falling
07/26/2024 16:10:00 EST
Jabil Circuit Inc (JBL)
Industry: Electronic Components
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, JBL has been trading in a range between $118.07 and $108.52 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
The AI powered stock chart is in a Red zone currently. We would avoid this stock.
Upside / Downside Potential
Jabil Circuit Inc $JBL entered a Red zone 8 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $142.29, a potential upside of 28.91% from the recent price of 110.38. The stock is trading 42.08% (potential upside) below its 52 week high of $156.83 and 10.39 % (potential downside) above its 52 week low of $99.99 - based on the recent price.
Company Summary
Jabil Inc provides manufacturing services and solutions worldwide. It operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services.
News
| 5 Tech Stocks Set To Gain From US Chip Crackdown On China: JPMorgan The Biden administration's escalating restrictions on China's access to high-end semiconductors and technology, along with the potential for higher tariffs under future administrations, have stirred significant concern among investors. Source: Benzinga Wed, 17 Jul 2024 16:23:56 -0400 Sentiment: Positive |
| Is This Incredibly Cheap Tech Stock Going to Become the Next Hot Artificial Intelligence (AI) Play? Weakness in some of Jabil's end markets such as automotive and medical has weighed on the stock this year. The company could get a boost thanks to the growing adoption of AI in data centers and smartphones. Source: The Motley Fool Fri, 28 Jun 2024 05:54:00 -0400 Sentiment: Neutral |
| Jabil Analysts Slash Their Forecasts Following Q3 Results Jabil Inc. JBL posted better-than-expected third-quarter results on Thursday. Source: Benzinga Fri, 21 Jun 2024 09:10:06 -0400 Sentiment: Negative |
| Jabil Q3 Review: Clearer Path To Capture The Data Center Jabil Inc. beat Q3 earnings estimates on the top and bottom lines, showing resilience despite recent challenges. Company repositioning towards data center business, aiming to improve margins and revenue growth. Valuation still indicates caution, with uncertainties in end markets and slow growth projections for FY25. Source: Seeking Alpha Thu, 20 Jun 2024 15:46:17 -0400 Sentiment: Positive |
| Jabil Inc. (JBL) Q3 2024 Earnings Call Transcript Jabil Inc. (NYSE:JBL ) Q3 2024 Earnings Call Transcript June 20, 2024 8:30 AM ET Company Participants Adam Berry - VP of IR Greg Hebard - CFO Mike Dastoor - CEO Conference Call Participants Ruplu Bhattacharya - Bank of America Merrill Lynch Steven Fox - Fox Advisors George Wang - Barclays Matt Sheerin - Stifel Mark Delaney - Goldman Sachs Operator Greetings, and welcome to the Jabil Third Quarter of Fiscal Year 2024 Earnings Call. At this time, all participants are in a listen-only mode. Source: Seeking Alpha Thu, 20 Jun 2024 12:02:09 -0400 Sentiment: Neutral |
Technicals 52 Week Hi: 156.8334 52 Week Low: 99.9925 Beta: 1.267 50 Day MA: 115.0696 200 Day MA: 126.1018 Earnings / Revenue Trends Qtr Earnings Growth YOY: -0.384 Qtr Revenue Growth YOY: -0.202 Forward PE: 16.0256 Trailing PE: 10.0136