Jbl stock price technicals suggest accumulation

JBL stock price technicals suggest accumulation patterns, especially after recent pullbacks found support near $ Jabil Inc. (NYSE:JBL)’s fiscal fourth quarter earnings saw the firm report $8.3 billion in revenue and $3.29 in adjusted earnings per share. Both of these beat analyst estimates of $7.6 billion and $2.90. Cramer also discussed Jabil Inc. (NYSE:JBL) and its competition in a September 9th Mad Money episode: Jabil had a solid quarter, with revenue growth accelerating to 18.5% and favorable guidance; there is no reason to expect a significant sell-off in the stock price. The $8.25 billion in net revenue was more than half a billion better than MarketBeat’s consensus forecast, driven by strength in three critical end markets. Current JBL stock price behavior indicates stable investor sentiment despite broader Nasdaq volatility. The company’s focus on supply chain optimization is generating optimism among institutional shareholders.