Some traders target Jabil stock price reaching $120 amid strong cyclical tailwinds. Corporate updates from major semiconductor clients will be a key driver for sentiment in the next earnings call. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. The transaction involved the sale of 12,400 shares, which amounted to a total value of $1,514,068. Such a large sale by an insider could have been viewed by investors as a signal of caution. The move also occurred while the company faced a challenging business environment, including stiff competition, softness in key markets, and the pressure of rising tariffs and raw material costs. These factors likely contributed to the negative sentiment surrounding the stock. Investors watching Jabil stock price should note the relative strength index (RSI) is at 65, signaling moderate bullish sentiment without being overbought. Market chatter points to increasing outsourcing trends, giving Jabil potential for continued contract wins in
