Key Takeaways
- Artificial intelligence (AI) is expected to remain a catalyst for the stock market in 2026, with the average earnings of companies in the S&P 500 index anticipated to increase by 15.5%.
- CoreWeave (CRWV) and Jabil (JBL) are two AI companies that are poised for growth in 2026, with attractive valuations and strong growth prospects.
- CoreWeave’s data centers are purpose-built for AI, with a revenue backlog that increased by 271% year over year in the third quarter of 2025.
- Jabil’s AI data center business is thriving, with the company anticipating a 35% jump in AI revenue in the ongoing fiscal year 2026.
Introduction to AI-Driven Growth
Artificial intelligence (AI) has been the driving force behind the stock market’s solid performance over the past three years. According to Wall Street analysts, AI will remain a catalyst for the stock market in 2026, with the average earnings of companies in the S&P 500 index anticipated to increase by 15.5%. This is not surprising, given the massive investments in AI infrastructure and the productivity gains this technology is delivering for users. As the article notes, "the demand for CoreWeave’s AI infrastructure capacity is exceeding demand," with the company’s revenue backlog increasing by 271% year over year in the third quarter of 2025.
CoreWeave: A Leader in AI Infrastructure
CoreWeave (CRWV) is a company that has been making waves in the AI infrastructure space. The company’s data centers are purpose-built for AI, with customers able to rent computing power and data storage, and deploy managed software services using CoreWeave’s AI data centers. As the article notes, "CoreWeave operates data centers fitted with graphics processing units (GPUs), which are witnessing healthy demand from customers looking to train and deploy AI models and applications in the cloud." With a revenue backlog that increased by 271% year over year in the third quarter of 2025, CoreWeave is well-positioned for growth in 2026. The company’s management has remarked that it operates "in a highly supply-constrained environment where the demand for CoreWeave’s best-in-class AI cloud platform far exceeds available capacity."
Jabil: A Thriving AI Data Center Business
Jabil (JBL) is another company that is benefiting from the growing demand for AI infrastructure. The company manufactures server components, such as racks, liquid-cooling solutions, and networking switches, which are deployed in AI data centers for hyperscalers. As the article notes, "Jabil’s ability to design and deliver fully integrated systems that combine compute, networking, power distribution, and advanced cooling, we materially shorten deployment timelines and reduce total cost for customers, precisely what is required as AI capacity scales." With the company anticipating a 35% jump in AI revenue in the ongoing fiscal year 2026, Jabil’s AI data center business is thriving. The company’s management has noted that AI is now its primary growth driver, which is set to drive an improvement in its top line and margins as the year progresses.
Valuation and Growth Prospects
Both CoreWeave and Jabil have attractive valuations, with CoreWeave trading at 8 times sales and Jabil trading at 20 times forward earnings. As the article notes, "buying the tech stock at this valuation is a no-brainer when you consider how fast it has been growing, as well as its ability to sustain its outstanding growth rates for a long time to come." With analysts becoming more bullish about Jabil’s growth prospects, the company’s stock seems poised for stronger gains. Assuming Jabil trades at even 30 times earnings after a couple of years and achieves $15.37 per share in earnings, its stock could jump to $461, nearly double its current stock price.
Conclusion
In conclusion, CoreWeave and Jabil are two AI companies that are poised for growth in 2026, with attractive valuations and strong growth prospects. As the demand for AI infrastructure continues to grow, these companies are well-positioned to benefit from this trend. With the average earnings of companies in the S&P 500 index anticipated to increase by 15.5% in 2026, AI stocks are likely to deliver another year of robust gains. As the article notes, "if the market decides to reward CoreWeave’s terrific growth with an appropriate multiple, it won’t be surprising to see its shares soaring in 2026." Investors looking to buy fast-growing AI companies trading at attractive valuations would do well to consider CoreWeave and Jabil.
https://www.fool.com/investing/2026/01/08/undervalued-and-ignored-2-artificial-intelligence/