Jabil Appoints Steve Raymund as Chairman of the Board
Jabil announced that Steve Raymund has been appointed Chairman of its Board of Directors. Additionally, Thomas T. Edman and Raejeanne Skillern have been appointed to its Board of Directors. "I am honored to accept this role and look forward to collaborating with the rest of the Board to continue advancing Jabil's strategic direction," said Raymund. "We are also pleased to welcome Tom and Raejeanne to our Board. Tom's leadership in electronics manufacturing paired with Raejeanne's experience in key growth industries like cloud and data centers will be terrific additions to Jabil." Mr. Raymund has served as a director of Jabil since January 1996 and was appointed Lead Director in November 2021. He began his career at Tech Data Corporation, now TD Synnex, in 1981 as operations manager. He became COO in 1984 and was promoted to CEO in 1986, serving until his retirement in 2006. Mr. Raymund served as the Chairman of the board of directors of Tech Data Corporation from 2001 to 2017.
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- Surge in AI Infrastructure Spending: According to Futurum, the top five hyperscalers in the U.S. are projected to spend between $660 billion and $690 billion on AI infrastructure in 2026, a significant increase from last year's $380 billion, indicating robust demand and growth potential in the AI market.
- Micron's DRAM Demand Soars: Micron Technology's DRAM chips are critical for AI data centers, with AI servers requiring six times the DRAM of standard servers, leading to a severe shortage and a 75% price increase from December 2025 to January 2026, providing strong support for Micron's earnings growth.
- Jabil's AI Revenue Growth: Jabil anticipates a 35% increase in AI revenue to $12.1 billion in fiscal 2026, an improvement over the previously forecasted 25% growth, showcasing the success of its investment in expanding AI infrastructure manufacturing capacity.
- Attractive Investment Valuations: Micron's trailing P/E ratio of 24 is significantly lower than the Nasdaq-100's 31, indicating attractive stock value, while Jabil's forward P/E of 19 suggests both companies present compelling investment opportunities in the growing AI market.
- Market Spending Forecast: According to Futurum's research, the spending on AI infrastructure by the five largest hyperscalers in the U.S. is expected to reach between $660 billion and $690 billion in 2026, a significant increase from last year's $380 billion, indicating a strong investment commitment to AI technology.
- Micron's Technological Edge: Micron's high-bandwidth memory (HBM) is critical for AI data centers, with predictions that AI servers will require six times the amount of DRAM compared to standard servers, driving up memory chip prices and leading analysts to be bullish on Micron's earnings growth prospects.
- Jabil's Growth Potential: Jabil plans to invest $500 million to expand its AI data center infrastructure manufacturing capacity, with projected AI revenue growth of 35% to $12.1 billion in fiscal 2026, showcasing its strong growth momentum in the AI infrastructure space.
- Investment Opportunities: Both Micron and Jabil stocks are currently trading at 24 times and 19 times forward earnings, respectively, which are below the Nasdaq-100's multiples, providing investors with attractive opportunities amidst the rapid growth of AI infrastructure.
- Stock Performance: Jabil Inc.'s shares rose by 0.15% to $278 in after-hours trading on Wednesday, following a 4.25% increase during the regular session, indicating positive market sentiment regarding its future performance.
- Market Capitalization: The company boasts a market capitalization of $29.31 billion, with an annual trading range of $281.22 to $108.66, reflecting its solid position and growth potential in the manufacturing services sector.
- Technical Indicators: With a Relative Strength Index (RSI) of 65.52, Jabil's stock has surged 76.22% over the past 12 months, currently trading near its annual high, suggesting potential for further upside.
- Sustainability Certification: Jabil opened the Cloud Corner at Q2 Stadium, which received TRUE Platinum certification from Green Business Certification Inc., highlighting its excellence in zero-waste management and enhancing the company's brand image.
- Boeing Options Volume: Boeing Co. (BA) recorded an options trading volume of 43,821 contracts today, equating to approximately 4.4 million shares, which represents about 57.7% of its average daily trading volume of 7.6 million shares over the past month, indicating heightened market interest in its future performance.
- High-Frequency Contracts: Notably, the $235 strike call option expiring on February 20, 2026, saw a trading volume of 5,258 contracts today, representing around 525,800 underlying shares of BA, suggesting bullish sentiment among investors at this price level.
- Block Inc Options Activity: Concurrently, Block Inc (XYZ) also exhibited significant activity with an options trading volume of 39,203 contracts, representing approximately 3.9 million shares, or 48.2% of its average daily trading volume of 8.1 million shares over the past month, reflecting strong market interest in its stock.
- XYZ High-Frequency Contracts: Specifically, the $52 strike call option expiring on February 20, 2026, recorded a trading volume of 3,817 contracts today, equating to about 381,700 shares of XYZ, indicating bullish expectations among investors for this stock.
- Greenhouse Gas Reduction Achievement: Jabil achieved a 47% reduction in greenhouse gas emissions compared to its fiscal year 2019 baseline during fiscal year 2025, driven by commitments to renewable energy and energy-efficient solutions, positioning the company to exceed its 50% reduction target by 2030 and enhancing its leadership in sustainability.
- Waste Management Progress: Jabil achieved over 90% landfill diversion at 14% of its sites, making steady progress toward its five-year goal of 20%, which not only reduces environmental impact but also strengthens the company's sustainable image among customers.
- Community Engagement and Volunteering: In 2025, Jabil completed over 590,000 volunteer hours in local communities, surpassing its goal of 500,000 hours, which not only enhances the company's sense of social responsibility but also strengthens its ties with the community.
- Technological Collaboration and Innovation: Jabil's partnership with Arch Systems has facilitated the deployment of AI-guided action systems across its global manufacturing network, enabling smarter and more efficient decision-making in factories, which not only boosts production efficiency but also provides customers with more sustainable solutions.
- Investment Activity: Rep. Lisa McClain recently disclosed her spouse's investment of $50,000 to $100,000 in Apptronik, highlighting her active engagement in private company investments, which reflects the close scrutiny of trading activities by Congress members.
- Funding Injection: Apptronik announced a $520 million Series A-X funding round, extending a previously oversubscribed $415 million round in 2025, bringing total commitments to over $935 million, which will be used to ramp up production of its Apollo humanoid robot.
- Market Competition: As Apptronik plans to expand its global deployment network and accelerate its time to market, it faces competition from Chinese humanoid robotics firms, underscoring its strategic significance in the rapidly evolving robotics market.
- Investment Returns: McClain achieved a 37% return on her investment portfolio in 2025, significantly outperforming the S&P 500's 16.6% gain, indicating her investment strategy is yielding strong results in the current market environment.









