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Will Jabil Stock Gain From the Buyout of Mikros Technologies?
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Jabil, Inc. (JBL - Free Report) recently closed the acquisition of Mikros Technologies LLC, a leading manufacturer of liquid cooling solutions for an undisclosed amount. With this strategic move, JBL aims to expand its portfolio and match the growing demand for effective thermal management systems across a wide range of applications.
Mikros boasts extensive expertise in developing cutting-edge liquid cooling technology, specifically microchannel cold plates, which optimize energy usage by providing efficient cooling for applications with intense thermal loads. Mikros’ capabilities complement Jabil’s existing portfolio of data center lifecycle solutions, semiconductor test equipment, and energy and transportation solutions.
The growing proliferation of advanced AI, power storage and electric vehicles is driving demand for high power density systems across industries. However, while implementing advanced AI models in data centers, businesses are facing immense challenges related to high power consumption, thermal management issues and rising operational costs. This is propelling the demand for liquid cooling systems which are more energy efficient than legacy air-cooling methods.
Will JBL Stock Benefit From the Buyout?
The acquisition of Mikros Technologies will expand Jabil’s product offerings for cloud service providers, hardware OEMs, and liquid cooling solutions providers. Mikros liquid cooling technology will bolster Jabil’s capabilities to address the stringent thermal management requirements of its customers while ensuring cost efficiency and sustainability. Consequently, Mikros will benefit from Jabil’s extensive resources and global market reach.
Growing usage of AI workloads in data centers requires significantly high computing power. Substantial heat generated through this process need best in class cooling system to ensure consistent performance and reliability of data centers. This is an area that presents a significant growth opportunity for Jabil following the recent buyout. In addition to this, Jabil can also drive commercial expansion in other end markets such as automated test equipment for semiconductors, battery systems, electric vehicles and more.
JBL’s Stock Price Performance
Shares of Jabil have lost 7.1% over the past year against the industry’s growth of 14.6%.
ZG delivered an earnings surprise of 37.41%, on average, in the trailing four quarters. The company is witnessing solid momentum in rental revenues, driven by growth in both multi and single-family listings, which is a positive factor.
Ubiquiti Inc. (UI - Free Report) sports a Zacks Rank #1 at present. The company offers a comprehensive portfolio of networking products and solutions for service providers and enterprises.
Its excellent global business model, which is flexible and adaptable to evolving changes in markets, helps it to beat challenges and maximize growth. The company’s effective management of its strong global network of more than 100 distributors and master resellers improved its UI’s visibility for future demand and inventory management techniques.
Workday Inc. (WDAY - Free Report) sports a Zacks Rank of 1 at present. In the last reported quarter, it delivered an earnings surprise of 7.36%.
WDAY is a leading provider of enterprise-level software solutions for financial management and human resource domains. The company’s cloud-based platform combines finance and HR in a single system that makes the process easier for organizations to provide analytical insights and decision support.
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Will Jabil Stock Gain From the Buyout of Mikros Technologies?
Jabil, Inc. (JBL - Free Report) recently closed the acquisition of Mikros Technologies LLC, a leading manufacturer of liquid cooling solutions for an undisclosed amount. With this strategic move, JBL aims to expand its portfolio and match the growing demand for effective thermal management systems across a wide range of applications.
Mikros boasts extensive expertise in developing cutting-edge liquid cooling technology, specifically microchannel cold plates, which optimize energy usage by providing efficient cooling for applications with intense thermal loads. Mikros’ capabilities complement Jabil’s existing portfolio of data center lifecycle solutions, semiconductor test equipment, and energy and transportation solutions.
The growing proliferation of advanced AI, power storage and electric vehicles is driving demand for high power density systems across industries. However, while implementing advanced AI models in data centers, businesses are facing immense challenges related to high power consumption, thermal management issues and rising operational costs. This is propelling the demand for liquid cooling systems which are more energy efficient than legacy air-cooling methods.
Will JBL Stock Benefit From the Buyout?
The acquisition of Mikros Technologies will expand Jabil’s product offerings for cloud service providers, hardware OEMs, and liquid cooling solutions providers. Mikros liquid cooling technology will bolster Jabil’s capabilities to address the stringent thermal management requirements of its customers while ensuring cost efficiency and sustainability. Consequently, Mikros will benefit from Jabil’s extensive resources and global market reach.
Growing usage of AI workloads in data centers requires significantly high computing power. Substantial heat generated through this process need best in class cooling system to ensure consistent performance and reliability of data centers. This is an area that presents a significant growth opportunity for Jabil following the recent buyout. In addition to this, Jabil can also drive commercial expansion in other end markets such as automated test equipment for semiconductors, battery systems, electric vehicles and more.
JBL’s Stock Price Performance
Shares of Jabil have lost 7.1% over the past year against the industry’s growth of 14.6%.
Image Source: Zacks Investment Research
JBL’s Zacks Rank and Key Picks
Jabil currently carries a Zacks Rank #4 (Sell).
Zillow Group, Inc. (ZG - Free Report) carries a Zacks Rank #2 (Buy) at present. In the last reported quarter, it delivered an earnings surprise of 25.81%. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
ZG delivered an earnings surprise of 37.41%, on average, in the trailing four quarters. The company is witnessing solid momentum in rental revenues, driven by growth in both multi and single-family listings, which is a positive factor.
Ubiquiti Inc. (UI - Free Report) sports a Zacks Rank #1 at present. The company offers a comprehensive portfolio of networking products and solutions for service providers and enterprises.
Its excellent global business model, which is flexible and adaptable to evolving changes in markets, helps it to beat challenges and maximize growth. The company’s effective management of its strong global network of more than 100 distributors and master resellers improved its UI’s visibility for future demand and inventory management techniques.
Workday Inc. (WDAY - Free Report) sports a Zacks Rank of 1 at present. In the last reported quarter, it delivered an earnings surprise of 7.36%.
WDAY is a leading provider of enterprise-level software solutions for financial management and human resource domains. The company’s cloud-based platform combines finance and HR in a single system that makes the process easier for organizations to provide analytical insights and decision support.