Why Jabil Stock Fell 9.7% Thursday Morning
Jabil (NYSE: JBL) stumbled on Thursday, bottoming out at a 9.7% price dip just after 10 a.m. ET before ending the day down 6.7%. The circuit board and electronics manufacturer posted fourth-quarter results for fiscal year 2025 early in the morning, easily beating Wall Street's consensus estimates and setting next-quarter guidance comfortably above the current Street view.
Jabil crushed Q4 targets and issued bullish guidance for the next period, but the stock plummeted anyway. Management even spent a large chunk of the earnings call discussing the company's use of artificial intelligence (AI) and robotics to make the manufacturing process more efficient. AI-related sales are expected to rise 25% next year.
That report checked lots of bullish boxes, and Jabil's stock fell anyway. What's going on?
Source Fool.com
