Zacks Research Upgrades JBS (NYSE:JBS) to Hold

JBS (NYSE:JBS) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Wednesday,Zacks.com reports.

JBS has been the topic of a number of other research reports. JPMorgan Chase & Co. lowered shares of JBS from an “overweight” rating to a “neutral” rating and cut their target price for the company from $20.50 to $18.50 in a research report on Thursday. Mizuho raised JBS to a “strong-buy” rating in a report on Friday, April 10th. UBS Group raised JBS to a “strong-buy” rating in a report on Friday, February 6th. Weiss Ratings reissued a “buy (b-)” rating on shares of JBS in a report on Monday, May 4th. Finally, Barclays cut their price target on JBS from $23.00 to $21.00 and set an “overweight” rating on the stock in a research note on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $19.42.

JBS Stock Performance

NYSE:JBS opened at $14.02 on Wednesday. The stock’s 50-day simple moving average is $16.45 and its 200 day simple moving average is $15.31. JBS has a twelve month low of $12.37 and a twelve month high of $18.65. The company has a quick ratio of 0.91, a current ratio of 1.50 and a debt-to-equity ratio of 2.42. The firm has a market capitalization of $10.88 billion and a PE ratio of 8.82.

JBS (NYSE:JBS) last posted its quarterly earnings results on Tuesday, May 12th. The company reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.08). JBS had a net margin of 1.98% and a return on equity of 19.28%. The company had revenue of $21.61 billion during the quarter. The business’s quarterly revenue was up 10.7% compared to the same quarter last year. On average, analysts anticipate that JBS will post 1.93 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Rhumbline Advisers acquired a new position in shares of JBS in the second quarter worth approximately $203,000. Arrowstreet Capital Limited Partnership acquired a new position in shares of JBS in the 2nd quarter worth approximately $5,490,000. EverSource Wealth Advisors LLC acquired a new position in shares of JBS in the 2nd quarter worth approximately $29,000. First Trust Advisors LP acquired a new position in shares of JBS in the 2nd quarter worth approximately $1,419,000. Finally, Marshall Wace LLP acquired a new position in shares of JBS in the 2nd quarter worth approximately $5,206,000.

JBS News Roundup

Here are the key news stories impacting JBS this week:

• Positive Sentiment: Barclays kept an Overweight view on JBS while trimming its price target to $21.00 from $23.00, implying meaningful upside from current levels and signaling continued confidence in the company’s longer-term outlook. JBS (NYSE:JBS) Given New $21.00 Price Target at Barclays
• Neutral Sentiment: JPMorgan downgraded JBS to Neutral from Overweight and lowered its target to $18.50, suggesting less conviction after recent results, but still seeing some upside from the current share price. JBS (NYSE:JBS) Downgraded to “Neutral” Rating by JPMorgan Chase & Co.
• Neutral Sentiment: In its Q1 2026 earnings call and related coverage, JBS highlighted that tight cattle supply and North American headwinds pressured profitability, helping explain why investors are reassessing valuation after the recent pullback. JBS N.V. (JBS) Q1 2026 Earnings Call Transcript
• Negative Sentiment: JBS reported a 56% drop in Q1 net profit, with weaker North American operations weighing on results, reinforcing concerns that margins and earnings momentum are under pressure. JBS posts 56% drop in Q1 net profit amid challenges in North American operations

JBS Company Profile

JBS SA is a global leader in the production and processing of meat products, with a focus on beef, pork and poultry. Headquartered in São Paulo, Brazil, the company operates through an extensive network of owned facilities and partnerships that span the Americas, Europe and the Asia-Pacific region. JBS supplies fresh, frozen and value-added protein solutions for retail, foodservice and industrial customers, and is active across the entire supply chain—from livestock procurement and feed production to slaughtering, processing, packaging and distribution.

Founded in 1953 by José Batista Sobrinho in Anápolis, Goiás, JBS began as a small slaughterhouse and expanded rapidly through strategic acquisitions and organic growth.