Jabil exceeds forecasts and relies on AI growth

The American electronic components manufacturer Jabil is optimistic for the fiscal year 2026, expecting higher revenue and profit figures that exceed Wall Street's expectations. The company benefits from an AI-driven boom in the data center sector. Jabil, known as a supplier of electronic components for Apple, recorded fourth-quarter results that also surpassed analysts' forecasts. The rapidly growing demand for computing power to support AI technologies is leading to an influx of investments in building data centers, from which Jabil significantly benefits. For the year 2026, Jabil forecasts total revenue of $31.3 billion, above the analyst-estimated average of $30.75 billion. The adjusted earnings per share are expected to be $11.00, also exceeding the forecasts of $10.83 per share. In the fourth quarter, revenue increased by 18.5% to $8.25 billion, far surpassing the expected $7.59 billion. The adjusted earnings per share were $3.29, while analysts had projected $2.92.