Overview
- Jabil reported Q3 non-GAAP EPS of $3.16 and revenue of $8.8 billion, both above analyst estimates.
- The company raised its fiscal 2026 revenue target to $35 billion and lifted full-year non-GAAP EPS guidance to $12.70.
- Management boosted adjusted free cash flow guidance to more than $1.4 billion and nudged core operating margin to 5.8%.
- Jabil guided Q4 revenue between $9.2 billion and $10.0 billion with a Q4 EPS midpoint of $4.00, yet the stock fell about 2.6% after the release following a large prior rally.
- Analysts and investors note that stronger AI, Automotive, and Connected Living demand underpins the upgrades but that high debt and thin operating margins could amplify volatility if demand or costs weaken.