UBS Upgrades Jabil to Buy, Maintains Price Target to $430
UBS analyst David Vogt upgrades Jabil (NYSE:JBL) from Neutral to Buy and maintains the price target from $430 to $430.
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UBS analyst David Vogt upgrades Jabil (NYSE:JBL) from Neutral to Buy and maintains the price target from $430 to $430.
The global Telecom Electronic Manufacturing Services (EMS) market is projected to grow from USD 220.92 billion in 2025 to USD 414.70 billion by 2035, with a CAGR of 6.50%. Growth is driven by 5G infrastructure expansion, Open RAN adoption, and increased demand for advanced telecom equipment manufacturing. Asia Pacific leads the market, with China contributing 42.84% of regional revenues, while North America is rapidly expanding with domestic manufacturing investments.
Jabil Inc. (NYSE:JBL) today announced that its Board of Directors has authorized a share repurchase program of up to $1.5 billion in common stock. The shares will be repurchased from time to time using various methods,
Petco Health & Wellness reported Q2 2026 earnings of $0.16 per share, significantly beating the consensus estimate of $0.06, representing a 166.67% surprise. However, revenues of $1.49 billion slightly missed expectations by 0.3%. The stock has underperformed the S&P 500 by 19.7% year-to-date and carries a Zacks Rank #3 (Hold) rating. The Retail - Miscellaneous industry ranks in the bottom 15% of Zacks industries, which may constrain near-term performance.
While overall U.S. loan delinquencies declined in Q2 2026, subprime loans remain at multiyear highs, revealing a K-shaped economic recovery where affluent consumers thrive while lower-income households struggle. Mortgage and auto loan delinquencies are rising, with particular pressure on subprime borrowers facing affordability challenges, inflation, and a weakening job market.