Q2 Earnings Forecast for Fabrinet Issued By Northland Capmk

Fabrinet (NYSE:FN) – Equities researchers at Northland Capmk upped their Q2 2026 earnings estimates for shares of Fabrinet in a research note issued on Tuesday, November 4th. Northland Capmk analyst T. Savageaux now expects that the technology company will post earnings of $3.09 per share for the quarter, up from their previous estimate of $2.76. The consensus estimate for Fabrinet’s current full-year earnings is $9.40 per share. Northland Capmk also issued estimates for Fabrinet’s Q3 2026 earnings at $3.13 EPS, Q4 2026 earnings at $3.42 EPS and FY2026 earnings at $12.32 EPS.

Fabrinet (NYSE:FN) last announced its quarterly earnings results on Monday, November 3rd. The technology company reported $2.92 earnings per share for the quarter, beating the consensus estimate of $2.83 by $0.09. The company had revenue of $978.13 million during the quarter, compared to analysts’ expectations of $935.04 million. Fabrinet had a return on equity of 18.16% and a net margin of 9.77%.Fabrinet’s quarterly revenue was up 21.6% on a year-over-year basis. During the same period last year, the business earned $2.39 earnings per share. Fabrinet has set its Q2 2026 guidance at 3.150-3.300 EPS.

Several other brokerages have also commented on FN. Weiss Ratings restated a “buy (b-)” rating on shares of Fabrinet in a research report on Wednesday, October 8th. B. Riley lifted their price objective on Fabrinet from $184.00 to $220.00 and gave the stock a “neutral” rating in a report on Tuesday, August 19th. Zacks Research upgraded Fabrinet from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 23rd. JPMorgan Chase & Co. increased their price objective on Fabrinet from $430.00 to $530.00 and gave the company an “overweight” rating in a research note on Tuesday. Finally, Northland Securities set a $550.00 target price on shares of Fabrinet in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Fabrinet currently has a consensus rating of “Moderate Buy” and an average price target of $451.29.

Fabrinet Trading Down 5.5%

FN traded down $25.15 on Friday, reaching $436.09. The stock had a trading volume of 103,123 shares, compared to its average volume of 703,649. The business’s 50-day moving average price is $387.44 and its two-hundred day moving average price is $310.02. The company has a market cap of $15.62 billion, a P/E ratio of 45.28 and a beta of 1.05. Fabrinet has a 12-month low of $148.55 and a 12-month high of $498.00.

Insider Transactions at Fabrinet

In related news, CEO Seamus Grady sold 9,513 shares of the business’s stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $329.52, for a total value of $3,134,723.76. Following the sale, the chief executive officer directly owned 46,024 shares in the company, valued at approximately $15,165,828.48. The trade was a 17.13% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, COO Harpal Gill sold 14,203 shares of the business’s stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $355.15, for a total transaction of $5,044,195.45. Following the completion of the sale, the chief operating officer directly owned 13,983 shares in the company, valued at $4,966,062.45. This trade represents a 50.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 27,049 shares of company stock worth $9,360,401. 0.24% of the stock is currently owned by company insiders.

Institutional Trading of Fabrinet

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. increased its holdings in shares of Fabrinet by 1.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 646,333 shares of the technology company’s stock valued at $235,666,000 after acquiring an additional 10,621 shares during the last quarter. State of New Jersey Common Pension Fund D lifted its position in shares of Fabrinet by 2.3% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 12,588 shares of the technology company’s stock worth $4,590,000 after buying an additional 279 shares during the last quarter. HighTower Advisors LLC raised its stake in Fabrinet by 105.2% during the 3rd quarter. HighTower Advisors LLC now owns 5,127 shares of the technology company’s stock worth $1,869,000 after acquiring an additional 2,628 shares in the last quarter. Andar Capital Management HK Ltd acquired a new position in Fabrinet in the third quarter valued at $3,063,000. Finally, Assetmark Inc. grew its stake in Fabrinet by 47.6% during the 3rd quarter. Assetmark Inc. now owns 682 shares of the technology company’s stock worth $249,000 after buying an additional 220 shares during the last quarter. 97.38% of the stock is currently owned by institutional investors and hedge funds.

Fabrinet Company Profile

Fabrinet provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services in North America, the Asia-Pacific, and Europe. The company offers a range of advanced optical and electro-mechanical capabilities in the manufacturing process, including process design and engineering, supply chain management, manufacturing, printed circuit board assembly, advanced packaging, integration, final assembly, and testing.