Fabrinet (NYSE:FN) Given Consensus Rating of "Moderate Buy" by Analysts

Key Points

• Analysts give Fabrinet a "Moderate Buy" rating from nine covering firms (five buys, four holds) with an average 12‑month price target of $587.50, although JPMorgan recently cut its rating to neutral while lifting its target to $700.
• Fabrinet beat Q results—$3.36 EPS vs. $3.26 expected and $1.13B revenue (up 35.9% YoY)—and set Q3 FY2026 guidance of $3.450–$3.600 EPS, while analysts forecast about $12.8 EPS for the year.
• Shares trade near their 52‑week high (opened at $721.06; high $734.79), the company has a market cap of $25.84B and a high trailing P/E (~69), and institutional investors own roughly 97.38% of the stock.

Shares of Fabrinet (NYSE:FN - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the nine ratings firms that are currently covering the company, Marketbeat Ratings reports. Four analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $587.50.

Several brokerages have recently commented on FN. JPMorgan Chase & Co. cut shares of Fabrinet from an "overweight" rating to a "neutral" rating and lifted their price target for the stock from $530.00 to $700.00 in a research report on Thursday, April 16th. Needham & Company LLC reiterated a "buy" rating and set a $540.00 price target on shares of Fabrinet in a research report on Tuesday, February 3rd. Susquehanna lifted their price target on shares of Fabrinet from $550.00 to $570.00 and gave the stock a "positive" rating in a research report on Thursday, January 22nd. Rosenblatt Securities reiterated a "buy" rating and set a $550.00 price target on shares of Fabrinet in a research report on Tuesday, February 3rd. Finally, B. Riley Financial lifted their price target on shares of Fabrinet from $366.00 to $452.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 3rd.

Fabrinet Trading Up 0.1%

Shares of NYSE FN opened at $721.06 on Monday. Fabrinet has a 1-year low of $193.54 and a 1-year high of $734.79. The company has a market cap of $25.84 billion, a PE ratio of 69.07 and a beta of 1.04. The company has a 50-day moving average of $575.92 and a two-hundred day moving average of $496.87.

Fabrinet (NYSE:FN - Get Free Report) last announced its earnings results on Monday, February 2nd. The technology company reported $3.36 earnings per share for the quarter, topping analysts' consensus estimates of $3.26 by $0.10. Fabrinet had a net margin of 9.69% and a return on equity of 18.69%. The company had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.08 billion. During the same period in the previous year, the firm posted $2.61 earnings per share. The company's revenue was up 35.9% on a year-over-year basis. Fabrinet has set its Q3 2026 guidance at 3.450-3.600 EPS. As a group, equities research analysts forecast that Fabrinet will post 12.8 earnings per share for the current year.

Institutional Investors Weigh In On Fabrinet

Institutional investors have recently modified their holdings of the business. Core Wealth Advisors LLC acquired a new stake in shares of Fabrinet during the 4th quarter worth approximately $25,000. Westend Capital Management LLC acquired a new stake in shares of Fabrinet during the 4th quarter worth approximately $29,000. Harbour Investments Inc. grew its position in shares of Fabrinet by 75.0% during the 4th quarter. Harbour Investments Inc. now owns 63 shares of the technology company's stock worth $29,000 after buying an additional 27 shares during the period. Creative Financial Designs Inc. ADV acquired a new stake in shares of Fabrinet during the 4th quarter worth approximately $32,000. Finally, Quarry LP grew its holdings in Fabrinet by 300.0% during the fourth quarter. Quarry LP now owns 72 shares of the technology company's stock valued at $33,000 after purchasing an additional 54 shares during the period. Institutional investors and hedge funds own 97.38% of the company's stock.

Fabrinet Company Profile

Fabrinet is a global provider of advanced optical packaging and precision optical, electro‐mechanical and electronic manufacturing services (CEM). The company specializes in complex manufacturing processes for original equipment manufacturers (OEMs) in communications, data center, industrial, instrumentation and medical markets. Key capabilities include high‐precision fiber alignment, micro‐assembly, testing and diagnostics, and integration of electro‐optic subassemblies.

Incorporated in 2000, Fabrinet operates under a corporate structure headquartered in Singapore with additional regional offices and design centers in the Americas, Europe and Asia.

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