Fabrinet (NYSE:FN) Announces Earnings Results, Beats Expectations By $0.14 EPS
by Renee Jackson · The Cerbat GemFabrinet (NYSE:FN – Get Free Report) posted its earnings results on Monday. The technology company reported $3.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.58 by $0.14, FiscalAI reports. The firm had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.19 billion. Fabrinet had a return on equity of 18.69% and a net margin of 9.69%. Fabrinet updated its Q4 2026 guidance to 3.720-3.870 EPS.
Fabrinet Stock Performance
NYSE FN traded up $13.84 during mid-day trading on Monday, reaching $720.37. 1,065,199 shares of the stock were exchanged, compared to its average volume of 709,064. Fabrinet has a 1-year low of $193.54 and a 1-year high of $734.79. The business’s fifty day simple moving average is $588.72 and its 200 day simple moving average is $504.95. The stock has a market capitalization of $25.81 billion, a PE ratio of 69.00 and a beta of 1.22.
Institutional Trading of Fabrinet
Hedge funds have recently bought and sold shares of the company. Quarry LP boosted its position in Fabrinet by 300.0% during the fourth quarter. Quarry LP now owns 72 shares of the technology company’s stock worth $33,000 after acquiring an additional 54 shares during the last quarter. Acumen Wealth Advisors LLC acquired a new stake in Fabrinet during the fourth quarter worth approximately $37,000. Kemnay Advisory Services Inc. acquired a new stake in Fabrinet during the fourth quarter worth approximately $42,000. Strive Financial Group LLC acquired a new stake in Fabrinet during the fourth quarter worth approximately $49,000. Finally, Larson Financial Group LLC raised its stake in Fabrinet by 25.8% during the third quarter. Larson Financial Group LLC now owns 161 shares of the technology company’s stock worth $59,000 after purchasing an additional 33 shares during the period. Institutional investors and hedge funds own 97.38% of the company’s stock.
Analysts Set New Price Targets
FN has been the subject of a number of analyst reports. Needham & Company LLC reissued a “buy” rating and issued a $540.00 price target on shares of Fabrinet in a report on Tuesday, February 3rd. Barclays lifted their price objective on Fabrinet from $537.00 to $548.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 3rd. Rosenblatt Securities reissued a “buy” rating and issued a $550.00 target price on shares of Fabrinet in a research note on Tuesday, February 3rd. Susquehanna upped their target price on shares of Fabrinet from $550.00 to $570.00 and gave the company a “positive” rating in a report on Thursday, January 22nd. Finally, Northland Securities set a $800.00 price target on shares of Fabrinet in a research note on Monday, April 20th. Five investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $587.50.
Read Our Latest Stock Analysis on Fabrinet
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.