Zacks Research Upgrades JBS (NYSE:JBS) to Hold

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

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

JBS Stock Down 4.6%

Shares of NYSE:JBS opened at $14.02 on Wednesday. The company has a market capitalization of $10.88 billion and a price-to-earnings ratio of 8.82. The company has a debt-to-equity ratio of 2.42, a current ratio of 1.50 and a quick ratio of 0.91. The business’s 50-day moving average is $16.45 and its 200-day moving average is $15.31. JBS has a 1 year low of $12.37 and a 1 year high of $18.65.

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

Hedge Funds Weigh In On JBS

Several hedge funds have recently modified their holdings of JBS. EverSource Wealth Advisors LLC purchased a new stake in shares of JBS during the second quarter valued at approximately $29,000. Los Angeles Capital Management LLC purchased a new stake in JBS during the fourth quarter worth about $31,000. Global Trust Asset Management LLC purchased a new stake in shares of JBS during the 1st quarter worth approximately $34,000. Quarry LP purchased a new stake in shares of JBS during the 3rd quarter worth approximately $34,000. Finally, Jones Financial Companies Lllp increased its stake in shares of JBS by 489.1% during the 3rd quarter. Jones Financial Companies Lllp now owns 2,657 shares of the company’s stock worth $39,000 after purchasing an additional 2,206 shares during the last quarter.

JBS News Summary

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.