Fabrinet (NYSE:FN) Updates Q4 2026 Earnings Guidance

Key Points

• Q4 2026 guidance: Fabrinet set EPS guidance of 3.720–3.870 (consensus 3.740) and revenue guidance of $1.3 billion, essentially in line with Street estimates.
• Quarterly results and market reaction: Fabrinet reported $3.72 EPS (vs. $3.58 est.) and $1.21B revenue (vs. $1.19B est.), and the stock rose about 2% to $720.37, giving a market cap near $25.8B and a PE of 69.
• Analyst sentiment: The consensus rating is a "Moderate Buy" with an average price target of $587.50, though several firms raised targets recently while one downgraded to hold, leaving mixed but generally constructive outlooks.

Fabrinet (NYSE:FN - Get Free Report) updated its fourth quarter 2026 earnings guidance on Monday. The company provided earnings per share guidance of 3.720-3.870 for the period, compared to the consensus earnings per share estimate of 3.740. The company issued revenue guidance of $1.3 billion-$1.3 billion, compared to the consensus revenue estimate of $1.3 billion.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Susquehanna increased their price target on Fabrinet from $550.00 to $570.00 and gave the company a "positive" rating in a report on Thursday, January 22nd. Barclays boosted their price objective on shares of Fabrinet from $537.00 to $548.00 and gave the company an "overweight" rating in a research report on Tuesday, February 3rd. Weiss Ratings downgraded shares of Fabrinet from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Wednesday, April 8th. 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 note on Tuesday, February 3rd. Finally, Needham & Company LLC reiterated a "buy" rating and set a $540.00 price target on shares of Fabrinet in a report on Tuesday, February 3rd. Five equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $587.50.

Fabrinet Stock Up 2.0%

FN traded up $13.84 during trading hours on Monday, reaching $720.37. 971,292 shares of the company's stock traded hands, compared to its average volume of 708,184. The firm has a 50-day moving average price of $588.72 and a 200 day moving average price of $504.95. Fabrinet has a 52-week low of $193.54 and a 52-week high of $734.79. The firm has a market capitalization of $25.81 billion, a PE ratio of 69.00 and a beta of 1.22.

Fabrinet (NYSE:FN - Get Free Report) last released its earnings results on Monday, May 4th. The technology company reported $3.72 earnings per share for the quarter, topping analysts' consensus estimates of $3.58 by $0.14. Fabrinet had a return on equity of 18.69% and a net margin of 9.69%.The business had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.19 billion. Fabrinet has set its Q4 2026 guidance at 3.720-3.870 EPS. Equities analysts predict that Fabrinet will post 12.8 EPS for the current fiscal year.

Hedge Funds Weigh In On Fabrinet

A number of institutional investors have recently modified their holdings of the stock. Price T Rowe Associates Inc. MD boosted its holdings in shares of Fabrinet by 163.0% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 4,041,227 shares of the technology company's stock valued at $1,839,891,000 after purchasing an additional 2,504,841 shares during the period. Wasatch Advisors LP grew its stake in Fabrinet by 45.1% in the second quarter. Wasatch Advisors LP now owns 1,779,665 shares of the technology company's stock worth $524,432,000 after purchasing an additional 553,196 shares in the last quarter. Invesco Ltd. increased its holdings in Fabrinet by 33.3% during the 3rd quarter. Invesco Ltd. now owns 681,850 shares of the technology company's stock worth $248,616,000 after purchasing an additional 170,297 shares during the period. Arrowstreet Capital Limited Partnership increased its holdings in Fabrinet by 183.5% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 333,555 shares of the technology company's stock worth $121,621,000 after purchasing an additional 215,903 shares during the period. Finally, Janus Henderson Group PLC raised its position in Fabrinet by 17.2% during the 4th quarter. Janus Henderson Group PLC now owns 251,569 shares of the technology company's stock valued at $114,475,000 after purchasing an additional 37,010 shares in the last quarter. 97.38% of the stock is owned by hedge funds and other institutional investors.

About Fabrinet

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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