Brokers Set Expectations for Fabrinet FY2027 Earnings

Fabrinet (NYSE:FN) – Stock analysts at Northland Securities issued their FY2027 earnings estimates for Fabrinet in a research note issued to investors on Tuesday, February 3rd. Northland Securities analyst T. Savageaux forecasts that the technology company will post earnings of $14.86 per share for the year. The consensus estimate for Fabrinet’s current full-year earnings is $9.40 per share.

Fabrinet (NYSE:FN) last released its earnings results on Monday, February 2nd. The technology company reported $3.36 earnings per share for the quarter, beating 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 business had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter last year, the firm earned $2.61 earnings per share. The firm’s revenue for the quarter was up 35.9% compared to the same quarter last year. Fabrinet has set its Q3 2026 guidance at 3.450-3.600 EPS.

Several other analysts have also issued reports on the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of Fabrinet in a report on Monday, December 29th. JPMorgan Chase & Co. upped their price objective on Fabrinet from $430.00 to $530.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 4th. Rosenblatt Securities reissued a “buy” rating and issued a $550.00 price objective on shares of Fabrinet in a report on Tuesday. Zacks Research cut shares of Fabrinet from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 5th. Finally, Needham & Company LLC restated a “buy” rating and set a $540.00 target price on shares of Fabrinet in a report on Tuesday. Eight equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $511.11.

Fabrinet Price Performance

Fabrinet stock opened at $420.27 on Thursday. The company has a market cap of $15.06 billion, a price-to-earnings ratio of 40.26 and a beta of 1.04. The firm has a 50-day moving average of $473.29 and a 200-day moving average of $407.22. Fabrinet has a one year low of $148.55 and a one year high of $531.22.

Insider Activity at Fabrinet

In other Fabrinet news, Director Thomas F. Kelly sold 2,200 shares of the firm’s stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $464.14, for a total transaction of $1,021,108.00. Following the completion of the sale, the director owned 18,789 shares of the company’s stock, valued at $8,720,726.46. This trade represents a 10.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Seamus Grady sold 22,451 shares of Fabrinet stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $446.95, for a total transaction of $10,034,474.45. Following the transaction, the chief executive officer directly owned 23,573 shares of the company’s stock, valued at approximately $10,535,952.35. This trade represents a 48.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 28,151 shares of company stock worth $12,643,707. Company insiders own 0.24% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Ameritas Advisory Services LLC acquired a new stake in Fabrinet during the fourth quarter worth approximately $302,000. AIFG Consultants Ltd. bought a new position in shares of Fabrinet during the fourth quarter worth approximately $307,000. World Investment Advisors increased its stake in shares of Fabrinet by 10.4% during the fourth quarter. World Investment Advisors now owns 1,604 shares of the technology company’s stock worth $711,000 after purchasing an additional 151 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al boosted its stake in Fabrinet by 24.2% in the 4th quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 7,949 shares of the technology company’s stock valued at $3,619,000 after purchasing an additional 1,550 shares during the period. Finally, HighPoint Advisor Group LLC bought a new stake in Fabrinet in the 4th quarter valued at $239,000. Institutional investors and hedge funds own 97.38% of the company’s stock.

Trending Headlines about Fabrinet

Here are the key news stories impacting Fabrinet this week:

• Positive Sentiment: Q2 results beat consensus: EPS $3.36 vs $3.26 and revenue $1.13B (up 35.9% YoY), the company described record revenue and raised multi-quarter guidance — fundamental beat that supports upside. Fabrinet Q2 Earnings Surpass Estimates
• Positive Sentiment: Multiple analyst actions supportive of higher valuation: Wolfe Research upgraded to Outperform with a $540 PT; Needham and Rosenblatt reaffirmed/maintained buy ratings with $540–$550 targets — shows sustained analyst conviction. Wolfe Research upgrade
• Positive Sentiment: Analysts flag long-term growth drivers: reports highlight capacity expansion and hyperscale/cloud demand as structural growth supports that underpin buy ratings. TipRanks: Capacity expansion thesis
• Neutral Sentiment: Earnings call materials and transcripts published — useful for digging into customer mix, AI-related commentary, margins and guidance details but do not by themselves change fundamentals. Earnings call presentation
• Neutral Sentiment: Pre-market headlines flagged volatility and notable trading volume (above average), indicating heavier-than-usual positioning changes rather than a clear directional catalyst. Pre-market movers
• Negative Sentiment: Critical analysis and a downgrade/concern piece highlighted three key risks (two related to AI demand dynamics and one on valuation), raising investor worry about concentration, lumpy AI order timing, and premium multiples — likely a major reason for the sell-off despite the beat. Seeking Alpha: 3 Key Concerns
• Negative Sentiment: Market reaction: several outlets reported shares tumbling despite the strong quarter and guidance, indicating that investors are trimming positions (profit-taking, rotation, or worry about near-term AI order timing). Investing.com: shares tumble

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.